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Mercia Drive, Telford TF1 - Image 1
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Mercia Drive, Telford TF1

West Midlands

£165,000
Listed on 29/05/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom semi-detached house presents a noteworthy opportunity for renovation and investment in a desirable area. Strategically located near Princess Royal Hospital, the property benefits from robust public transport links as well as proximity to local schools, shops, and parks. These amenities not only enhance daily living but also contribute to the property's appeal for potential tenants or future buyers, making it an attractive option for investors. The interior features a welcoming hallway that opens into a reception room characterized by a charming fireplace and garden views. The direct access to the outdoor space enhances its usability for gatherings or quiet relaxation. A distinctive spiral staircase leads you to the first floor, where light fills the versatile living area, creating a pleasant atmosphere that invites personalization. The kitchen is functional yet awaits modernization, presenting an excellent chance for new owners to design their ideal cooking space. Ample room for appliances allows for creative reconfiguration and upgrading, aligning with contemporary tastes. Upstairs, you’ll find two generously sized double bedrooms that are adaptable and provide ample storage options. Both rooms offer potential for customization according to personal style and requirements. The bathroom includes essential fixtures—a bathtub with shower over, toilet, and washbasin—though updating it could transform this space into a relaxing retreat. Outside, the property features a driveway offering off-road parking alongside a garden area suitable for outdoor dining or leisure activities. This green space adds further value as it can be developed into an appealing outdoor oasis. In summary, this semi-detached house stands out as an opportunity ripe for renovation while being situated in a location popular with both homeowners and renters alike. With thoughtful updates, this property could significantly increase its market value and provide rewarding returns on investment or create a cozy home tailored to your preferences.

Investment Analysis

(TF1 area)
Area Average
£239/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£16,500 - £41,250
10-25% of property value
Monthly Sales
25
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (TF1)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -0.1%
5 year growth: 19.8%
Investment Disclaimer: Analysis based on TF1 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

Mercia Drive, Telford TF1
Map showing location of Mercia Drive, Telford TF1
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