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Rednal Fields, TF4 3HQ

West Midlands

£225,000
Listed on 11/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1358 sqft

Description

Nestled at the end of a private lane, this two-bedroom bungalow presents a compelling opportunity for renovation or redevelopment in a sought-after area of Telford. The property occupies a generous south-facing plot that is not only attractive but also offers a significant degree of privacy, making it an appealing canvas for potential buyers. The existing structure is a detached bungalow of non-traditional construction, providing flexibility for various options. While it currently features two reception rooms, a kitchen, bathroom, and two bedrooms, there is also access to a spacious loft area that could be converted into additional living space, subject to planning permission. This layout allows for immediate occupancy while you explore the potential to update or expand the property. Historically, the site benefited from lapsed planning permission for the demolition of the current dwelling and the construction of two new three-bedroom homes. This aspect highlights the significant development potential available to builders and investors looking to leverage this opportunity further. In addition to its residential appeal, the location is well-established with convenient access to local amenities and transport links, enhancing its desirability for future developments. Given its size and positioning, along with favorable site conditions, this property offers substantial investment appeal whether through refurbishment or redevelopment into new homes. For those considering cash purchases due to the property's unique construction type, viewing is encouraged to fully appreciate both its current state and future possibilities.

Investment Analysis

(TF4 area)

Below Market Value

This property is priced -33.1% below area average per sq ft

-33.1%
Potential saving
This Property
£166/sq ft
Area Average
£248/sq ft
Avg Rent (weekly)
£232
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£369,716
10% above area average per sq ft
Potential ROI
+21.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TF4)

Area prices are falling by +3.2% over the last 12 months
3 year growth: -2.7%
5 year growth: 22.9%
Investment Disclaimer: Analysis based on TF4 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

Rednal Fields, TF4 3HQ
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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
£824
Based on a loan of £168,750 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