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Former Service Station & 30-34 Radmoor Cottages, Peplow, Market Drayton, TF9 3JY - Image 1
Former Service Station & 30-34 Radmoor Cottages, Peplow, Market Drayton, TF9 3JY - Image 2
Former Service Station & 30-34 Radmoor Cottages, Peplow, Market Drayton, TF9 3JY - Image 3
Former Service Station & 30-34 Radmoor Cottages, Peplow, Market Drayton, TF9 3JY - Image 4
Former Service Station & 30-34 Radmoor Cottages, Peplow, Market Drayton, TF9 3JY - Image 5
Former Service Station & 30-34 Radmoor Cottages, Peplow, Market Drayton, TF9 3JY - Image 6
Former Service Station & 30-34 Radmoor Cottages, Peplow, Market Drayton, TF9 3JY - Image 7
Former Service Station & 30-34 Radmoor Cottages, Peplow, Market Drayton, TF9 3JY - Image 8
Former Service Station & 30-34 Radmoor Cottages, Peplow, Market Drayton, TF9 3JY - Image 9
Former Service Station & 30-34 Radmoor Cottages, Peplow, Market Drayton, TF9 3JY - Image 10
Former Service Station & 30-34 Radmoor Cottages, Peplow, Market Drayton, TF9 3JY - Image 11

Former Service Station & 30-34 Radmoor Cottages, Peplow, Market Drayton, TF9 3JY

West Midlands

£1,300,000
Listed on 16/11/2024

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique opportunity for renovation and investment, featuring a diverse mix of residential and commercial spaces. With a substantial site area of approximately 1.187 acres (0.48 hectares), there is significant potential for further development, pending necessary approvals. The main residence, known as 34 Radmoor Cottages, is a three-bedroom attached house dating back to around 1877. It spans two and part single story levels, offering a total internal floor area of about 967 square feet (89.83 m²). The layout includes essential living spaces on the ground floor—such as a utility room, kitchen, sitting room, dining room, and bathroom—as well as three bedrooms on the first floor. The traditional brick structure features both tiled and flat roofing and also houses an outbuilding with additional storage potential. Adjacent to the residential unit is a former commercial shop that provides approximately 1,230 square feet (114.26 m²) of space. This unit contains multiple rooms and has internal access to the residence; it may be suitable for various commercial applications or redevelopment into additional residential units. Furthermore, there’s a detached workshop at the rear with around 2,580 square feet (239.67 m²) of space, featuring high ceilings suitable for various uses. The terrace comprising numbers 30 to 33 Radmoor Cottages consists of four residential houses in varying conditions—ideal for investors looking to undertake renovation projects. Specifically, number 30 requires extensive refurbishment but offers around 888 square feet (82.49 m²) of internal space across two floors with three bedrooms. The other three homes also require varying levels of updates but present an opportunity to enhance value through modernization. Located prominently along the A442 and near local amenities in Hodnet village, Peplow benefits from being situated near major thoroughfares connecting to nearby towns like Shrewsbury and Market Drayton. This strategic location enhances its appeal for both residential use and commercial ventures. The property currently holds planning permissions for both residential and commercial uses, making it attractive to developers looking for versatile projects within this sought-after area. Overall, this property stands as a compelling prospect for those interested in capitalizing on its renovation potential in an area poised for growth and development.

Investment Analysis

(TF9 area)
Area Average
£270/sq ft

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
14%
Properties sold annually

Local Market Trend (TF9)

Area prices are rising by +3.1% over the last 12 months
3 year growth: -3.5%
5 year growth: 15.9%
Investment Disclaimer: Analysis based on TF9 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

Former Service Station & 30-34 Radmoor Cottages, Peplow, Market Drayton, TF9 3JY
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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
£4,762
Based on a loan of £975,000 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