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Hermitage Way, Madeley, Telford, Shropshire, TF7 - Image 1
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Hermitage Way, Madeley, Telford, Shropshire, TF7 - Image 5

Hermitage Way, Madeley, Telford, Shropshire, TF7

West Midlands

£230,000
Listed on 27/09/2025

Property Details

Bedrooms
3
Type
Detached house
Area
837 sqft

Description

This detached three-bedroom house in Madeley offers a unique opportunity for both homebuyers and investors, particularly those looking to renovate or enhance a property. The generous layout features a front-facing lounge, a separate reception area, and a fitted kitchen/diner, providing ample space for reconfiguration or modernization according to personal preferences. Each of the three bedrooms is well-sized, presenting an inviting canvas for updates that could significantly increase their appeal. The family bathroom and additional living spaces are primed for renovation, making this property an attractive option for anyone eager to invest in home improvements. Outside, the rear garden provides potential for landscaping or outdoor entertaining, while off-street parking at the front adds convenience. Situated within a reputable residential neighborhood, this home enjoys proximity to various local amenities. The town center of Madeley is easily accessible by foot, offering essential shops, educational facilities, and services. For broader shopping and leisure options, Telford town center is just a short drive away. Additionally, reliable public transport links facilitate easy commuting to surrounding areas. With no onward chain, this property stands as a blank slate ready for transformation. Whether you are a first-time buyer aiming to personalize your space or an investor interested in adding significant value through renovation, this home presents substantial potential worth exploring. Early viewings are encouraged to grasp the full range of possibilities that await.

Investment Analysis

(TF7 area)

Above Market Value

This property is priced +40.6% above area average per sq ft

+40.6%
This Property
£275/sq ft
Area Average
£195/sq ft
Avg Rent (weekly)
£229
Avg Yield
4.7%

Renovation Potential

Est. Renovation Cost
£23,000 - £57,500
10-25% of property value
Target Value
£179,951
10% above area average per sq ft
Potential ROI
-37.4%
After renovation
Monthly Sales
15
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (TF7)

Area prices are rising by +12.8% over the last 12 months
3 year growth: 6.9%
5 year growth: 26.0%
Investment Disclaimer: Analysis based on TF7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Hermitage Way, Madeley, Telford, Shropshire, TF7
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