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The Tuckies Farmhouse, Jackfield, TF8 7LT

West Midlands

£625,000
Listed on 15/09/2024

Property Details

Bedrooms
4
Type
Detached house
Area
1530 sqft

Description

Nestled in the charming village of Jackfield and within walking distance to the historic Ironbridge Gorge, this 4-bedroom, 2-bathroom farmhouse presents an excellent opportunity for renovation and investment. The property is set on a substantial plot of approximately three-quarters of an acre, offering scenic views of the surrounding countryside and woodlands. The existing layout includes practical spaces such as an entrance hall, utility room, shower room, and a spacious kitchen breakfast area that flows into a large lounge/dining room featuring a characteristic fireplace with a wood-burning stove. Additionally, there’s a cozy snug and a conveniently located downstairs bedroom. Upstairs, you'll find three sizable double bedrooms, including the potential for an ensuite in the master suite, along with a well-presented family bathroom. What truly enhances this property’s appeal is its renovation potential. The derelict section of the farmhouse could be developed—subject to planning approval—allowing for significant expansion or modernization of the living space. Furthermore, there is historical lapsed planning permission for a triple garage with an annex and separate access, indicating promising opportunities for additional development on site. Outside, generous gardens provide ample room for outdoor activities or landscaping projects, while parking space accommodates several vehicles. This property blends period features with modern comforts and offers numerous avenues for growth and enhancement, making it an intriguing prospect for both homeowners and investors alike. Viewing is strongly encouraged to fully appreciate its potential.

Investment Analysis

(TF8 area)

Above Market Value

This property is priced +39.0% above area average per sq ft

+39.0%
This Property
£408/sq ft
Area Average
£294/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£494,718
10% above area average per sq ft
Potential ROI
-26.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TF8)

Area prices are rising by +11.2% over the last 12 months
3 year growth: 11.5%
5 year growth: 39.3%
Investment Disclaimer: Analysis based on TF8 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

The Tuckies Farmhouse, Jackfield, TF8 7LT
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,290
Based on a loan of £468,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE