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Peplow, Market Drayton, Shropshire, TF9

West Midlands

£850,000
Listed on 08/03/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This property comprises a collection of traditional barns situated within the picturesque North Shropshire countryside, presenting a significant opportunity for renovation and investment. With full planning permission in place for the conversion into five individual residences, these barns are poised to be transformed into spacious homes offering both four and five-bedroom layouts. The structures are designed to blend contemporary living with the charm of their historical origins. Each proposed home will feature open-plan interiors that maximize space and light, while still preserving key architectural elements such as arched brick lintels, dormer windows, and impressive attic roof trusses that contribute character to the overall aesthetic. Set on an expansive plot of 1.76 acres, the properties benefit from generously sized gardens that are relatively uncommon in barn conversions. The tranquil rural backdrop provides uninterrupted views over organic farmland, creating an appealing setting for potential buyers. Despite this peaceful environment, the barns are conveniently located near major road networks like the A442, ensuring easy access to local amenities and transportation links in nearby towns such as Telford and Shrewsbury. Originally part of the Peplow Estate, these buildings date back to a model farm established in 1874, showcasing exceptional craftsmanship typical of that era. Although previously utilized for storage purposes, they have been well-maintained and remain structurally sound—providing a solid foundation for redevelopment initiatives. Peplow itself is a small hamlet approximately 13 miles northeast of Shrewsbury, surrounded by stunning countryside ideal for outdoor pursuits. The area is well-serviced by educational institutions ranging from local primary schools to renowned secondary options like Shrewsbury School and Wrekin College. Transportation links are robust; with easy access to major motorways (M6 and M54), high-speed rail services connecting Stafford to London Euston in under an hour and proximity to international airports including those in Birmingham and Manchester. Overall, this property not only offers a unique opportunity for residential development but also advantages from its strategic location amidst scenic landscapes and essential infrastructure—making it an attractive prospect for discerning investors or developers looking to make their mark in this desirable region.

Investment Analysis

(TF9 area)
Area Average
£270/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£200,000 - £400,000
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

Peplow, Market Drayton, Shropshire, TF9
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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
£3,114
Based on a loan of £637,500 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