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Park Street, Madeley, Telford, Shropshire

West Midlands

£100,000
Listed on 17/06/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a valuable opportunity to invest in a residential plot located in the established area of Madeley, Telford. The site comes with full planning permission granted by Telford & Wrekin Council (reference TWC/2024/0829) for the construction of a four-bedroom detached family home. The approved plans detail a well-considered layout that caters to modern living. This two-story design includes a welcoming entrance hallway with potential for office space, a spacious living room, and an open-plan kitchen and dining area, complemented by a convenient downstairs WC. Upstairs, the configuration offers four generously sized bedrooms, including a master suite with an en-suite shower room, along with a family bathroom. In addition to its thoughtfully designed interior, the plot supports off-road parking and features a private rear garden—ideal for creating family-friendly outdoor spaces. Its location within a tranquil residential neighborhood enhances its attractiveness not only for self-builders but also for developers seeking an accomplished project ready to initiate. Madeley boasts numerous amenities, such as local schools, shops, healthcare services, and leisure centers, making it appealing for families. The area is rich in heritage as well, situated close to Ironbridge Gorge—a UNESCO World Heritage Site—providing both cultural richness and recreational opportunities. Moreover, residents will benefit from easy access to Telford town center as well as major routes like the M54 motorway and regional rail links. This accessibility facilitates commuting options to Shrewsbury, Wolverhampton, and Birmingham. For detailed information regarding planning permissions and additional documentation related to the plot's potential is available upon request.

Investment Analysis

(TF7 area)
Area Average
£196/sq ft
Avg Rent (weekly)
£191
Avg Yield
4.3%

Renovation Potential

Medium 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
10
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (TF7)

Area prices are rising by +14.3% over the last 12 months
3 year growth: 10.9%
5 year growth: 34.7%
Investment Disclaimer: Analysis based on TF7 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

Park Street, Madeley, Telford, Shropshire
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£366
Based on a loan of £75,000 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