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Slaney Street, Oakengates TF2

West Midlands

£99,000
Listed on 20/04/2026

Property Details

Bedrooms
3
Type
Semi Detached House
Area
785 sqft

Description

Set on a prominent corner plot in Oakengates, this three-storey semi-detached house offers a compelling investment or renovation opportunity. With its striking red brick façade and traditional architectural details, the property is ready for a complete transformation to unlock its full potential. Currently configured with three bedrooms and a first-floor bathroom, the layout offers flexibility for reconfiguration and modern design (subject to planning approval). Inside, the property showcases raw spaces with exposed fireplaces, highlighting the need for an extensive refurbishment that invites innovative renovation ideas. The substantial rear garden provides ample room for landscaping or expansion, complemented by off-road parking – a valuable feature in this sought-after area. The location is highly convenient with easy access to public transport options including Oakengates Station and local amenities just a short walk away. Moreover, reputable schools in the vicinity enhance its appeal for future occupants. This property represents an exceptional opportunity for developers or buyers looking to create a custom home tailored to their vision in a thriving community.

Investment Analysis

(TF2 area)

Below Market Value

This property is priced -51.4% below area average per sq ft

-51.4%
Potential saving
This Property
£126/sq ft
Area Average
£260/sq ft
Avg Rent (weekly)
£227
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£224,078
10% above area average per sq ft
Potential ROI
+18.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (TF2)

Area prices are falling by -5.2% over the last 12 months
3 year growth: +0.5%
5 year growth: +16.6%
Investment Disclaimer: Analysis based on TF2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Slaney Street, Oakengates TF2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£351
Based on a loan of £74,250 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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