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Telford, Shropshire, TF3

West Midlands

£250,000
Listed on 10/09/2025

Property Details

Bedrooms
5
Type
Detached

Description

This property presents an exciting opportunity for development, featuring an approved planning consent for a modern two-story, five-bedroom home. Set in the quiet yet accessible area of Overdale, Telford, this plot is distinct from neighboring properties, allowing for creative architectural expression. The inclusion of a detached double garage adds functionality to the design. Overdale is celebrated for its family-oriented environment, making it an attractive location for those prioritizing community and education, with several esteemed schools nearby. Residents enjoy a balanced lifestyle, merging suburban calm with urban convenience—featuring ample local amenities and close proximity to major transport links such as the M54 and A442. This ensures ease of commuting while providing quick access to the vibrant city center, filled with diverse entertainment and shopping options. This development offers significant potential for increased value through thoughtful renovation and build choices that cater to market demand in a desirable neighborhood.

Investment Analysis

(TF3 area)
Area Average
£216/sq ft
Avg Rent (weekly)
£217
Avg Yield
5.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (TF3)

Area prices are rising by +5.1% over the last 12 months
3 year growth: -3.8%
5 year growth: +15.6%
Investment Disclaimer: Analysis based on TF3 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

Telford, Shropshire, TF3
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£885
Based on a loan of £187,500 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.

Price History

-28.6% since listed
£250,000£100,000(-28.6%)
08/08/2024
Current price
£350,000Initial listing
17/09/2023

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