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The Tuckies Farmhouse, Jackfield, TF8 7LT

West Midlands

£625,000
Listed on 12/09/2024

Property Details

Bedrooms
4
Type
Detached
Area
1530 sqft

Description

Introducing a charming 4-bedroom, 2-bathroom farmhouse nestled in the scenic village of Jackfield, conveniently located near the iconic Ironbridge Gorge, a designated World Heritage site. This property boasts captivating views of the surrounding countryside and woodlands. While it successfully marries historical character with modern amenities, it also presents significant refurbishment and investment opportunities. Set on approximately three-quarters of an acre, there is considerable potential to expand the living space by revitalizing parts of the property that are currently derelict. The vendor has noted that historic planning permissions for a triple garage with an annex could be revived, offering further avenues for development pending approval. Inside, this home features an entrance hall, utility room, shower room, spacious kitchen/dining area, and a generous lounge/dining space complete with a feature fireplace and woodburning stove. There is also a snug and a downstairs bedroom. The upper floor includes a well-appointed large family bathroom and three sizable double bedrooms, including the possibility of adding an ensuite to the master suite. Outside amenities include an extensive patio area, gardens, and ample parking for several vehicles. This property holds great potential for those looking to invest in its transformation.

Investment Analysis

(TF8 area)

Above Market Value

This property is priced +31.4% above area average per sq ft

+31.4%
This Property
£408/sq ft
Area Average
£311/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£523,245
10% above area average per sq ft
Potential ROI
-26.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (TF8)

Area prices are stable by -0.2% over the last 12 months
3 year growth: +4.1%
5 year growth: +15.2%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,214
Based on a loan of £468,750 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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