No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Ebor Mews
Ebor Mews
Ebor Mews
Offers in region of£145,000
Added > 14 days

2 bedroom apartment for sale

Corve Street, Ludlow
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Apartment
2 bed
1 bath
EPC rating: C*
667 sq ft / 62 sq m

Key information

Tenure: Leasehold
Ground rent: £75 per annum | review period: 25 yrs
Council tax: Band A
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Tenure: Leasehold
  • 2 Bedroom Character Apartment
  • Large Open Plan Living Space
  • Central Ludlow Location
  • First Time on Open Market
  • Holiday Let Allowed
  • Excellent buy to let opportunity
  • Original Features
  • Undergoing updating Throughout
  • No Forward Chain
  • No Service Charge
Spacious, character, Grade ll Listed, two double bedroom, period conversion arranged over two floors in the centre of the bustling historic market town of Ludlow. Ideal for first time buyers or for investors as a holiday let.

The wide and gently sloping Corve Street is lined with Georgian period facades which step up the hill from the River Teme towards the historic town centre, many of the facades conceal much earlier period origins, some of which are Tudor or earlier. The highly photogenic Feathers Hotel towards the town centre has a heavily beamed exterior. Much of the period nature of the street is encapsulated in this character two bedroomed apartment, arranged over two floors, it features exposed beamed ceilings and walls, exposed stone and brickwork, and a character staircase, yet to the front of the property are Georgian sash windows with narrow glazing bars, the period features are complimented by a fitted kitchen fitted with new appliances and recent redecoration throughout. It is the very period character of the property that we believe holidaying visitors to the town are seeking and that this would make an excellent holiday let.
The thriving Medieval market town has, at its centre, a castle which dates from the 11th Century and together with the nearby Assembly Rooms form the venues for many of the town’s festivities and theatrical productions, some of which are supported by celebrities that have made Ludlow their home. The annual Food Festival is a big draw to the town and is a demonstration of the quality food produce of the area, much of which regularly features in the markets held in the Castle Square, it is no surprise that the town at one time had the distinction of the most Michelin Stars of any town outside of London with chefs such as Shaun Hill, Will Holland and brothers Cedric Bosi of The Charlton Arms and Claude Bosi, now of Bibendum in The Royal Borough of Kensington. The Shropshire Star newspaper recently recognised Mortimers

Introduction - The thriving Medieval market town has, at its centre, a castle which dates from the 11th Century and together with the nearby Assembly Rooms form the venues for many of the town’s festivities and theatrical productions, some of which are supported by celebrities that have made Ludlow their home. The annual Food Festival is a big draw to the town and is a demonstration of the quality food produce of the area, much of which regularly features in the markets held in the Castle Square, it is no surprise that the town at one time had the distinction of the most Michelin Stars of any town outside of London with chefs such as Shaun Hill, Will Holland and brothers Cedric Bosi of The Charlton Arms and Claude Bosi, now of Bibendum in The Royal Borough of Kensington. The Shropshire Star newspaper recently recognised Mortimers Restaurant, opposite the flat, as being one of the best in the town.

Communal Entrance - Entered via a door off the pretty Ebor Mews, the period wall panelling in the communal entrance sets the scene and character

Living-Kitchen-Diner - 5m x 3.26m (16'4" x 10'8") - From the communal landing shared with Flat 1a, the apartment opens into a large bright and roomy living space. Steps lead down past the shower room and into the characterful room which features original floorboards currently laid to vinyl, a range of ceiling lights, two original leaded windows looking out over the rooftops and two large radiators. At the far end is the L-shaped shaker-style kitchenette, with new oven and hob and space for washing machine and fridge-freezer.
On the left, the original, quirky stairway leads up to the second floor landing, which has storage over accessed from bedroom 2, and access to both bedrooms.

Shower Room - The shower room is equipped with a white suite of toilet, wash-hand basin and shower in cubicle with curtain. The room has an obscure glazed window and extractor fan. The white door provides access to eaves storage and the gas fired central heating boiler.

Bedroom 1 - 4.83m x 4.65m (15'10" x 15'3") - This is a wonderfully impressive room, full of charm and character, with a beautiful vaulted ceiling with original exposed beams. Newly decorated in bright and calm neutrals, and lit with windows to both aspects, the master bedroom would appeal to renters or holiday makers in a holiday let setting. The headroom is such that the space is usable throughout, and the original cast iron windows offer lots of light. There is a large radiator, electrical sockets, and the floor is laid with carpet. The ceiling lights are controlled with a remote control switch.

Bedroom 2 - 4.55m x 3.33m (14'11" x 10'11") - Across the landing is bedroom two, which would also accommodate a double bed. Another room brimming with charm and character, enhanced by the exposed wall and ceiling timbers, this space has a pretty, original window overlooking Corve Street and a borrowed light window over the staircase. The room has a radiator, range of lights, electric sockets, and a remote control, touch-sensitive light switch. A ledge built over the landing provides storage space.

Ebor Mews - Accessed via the wrought iron gate next to Ludlow Ink, and running parallel to Streatley Mews, this pretty alley way allows access for only 5 properties.

Tenure - The property is Leasehold. A lease granted for 120 years from 1st January 2012. The lease provides for the possibility of both residential letting and holiday lets

Service Charge - Equal to the Tenant's Proportion of the Service Costs. "Tenant's Proportion" means 15%.

Ground Rent - For the first 25 years of the Term the Initial Rent of £75 per annum, for the next twenty five years of the Term £150 per annum, for the next twenty five years of the Term £225 per annum, for the remainder of the Term £300 per annum.

Local Authority - Shropshire. The property is in Council Tax Band A which during Council Tax charge year 2023/2024 equates to £1,489.07 payable.

Letting - The current owners have previously successfully let both this apartment and 1a next door, both of which are now available with vacant possession. This flat and it's neighbour would make a great buy-to-let rental, or fabulous holiday let option. The 2 units are currently independent of each other, but subject to permission, could be joined with a Jack-and Jill door, allowing for greater flexibility and wider marketing appeal.
The lease has provision for holiday letting, and enquiries with Sykes Holiday Cottages indicate a gross return of £18,000 or more per unit. We would market this flat for rental at £700 pcm.

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    Broadband availability and predicted speed: obtained from Ofcom on May 23, 2023

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

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    Mobile phone signal availability and predicted strength: obtained from Ofcom on May 23, 2023

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on February 16, 2018 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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    *Call rate information

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