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Heath Lane, Ellerdine, Telford - Image 1
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Heath Lane, Ellerdine, Telford

West Midlands

£425,000
Listed on 06/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
958 sqft

Description

This three-bedroom detached bungalow offers a unique opportunity for investment in the tranquil setting of Ellerdine village, nestled in North Shropshire. With approximately 111.8 sq meters (1203.4 sq feet) of living space, the property is set on expansive grounds that feature a gated driveway and ample parking alongside a detached garage. Conveniently located for those who appreciate rural living yet desire easy access to urban amenities, this home is just a short drive from Newport, Telford, and Shrewsbury. The interior boasts a welcoming porch that leads to three generously sized bedrooms, a modern shower room, and an inviting lounge equipped with a charming fireplace. Additionally, the kitchen/breakfast room combines functionality with style, while the separate dining room and conservatory provide valuable extra space for entertaining or unwinding. The property's significant potential for modernization or expansion makes it a prime candidate for renovation enthusiasts or investors—there's even the possibility of developing a building plot, subject to obtaining planning permission. This versatility allows prospective buyers to shape their living environment according to personal preferences or investment strategies. As this bungalow comes with no upward chain, it represents an appealing choice for anyone looking to explore various possibilities within a peaceful countryside framework while remaining well-connected to local towns and essential amenities.

Investment Analysis

(TF6 area)

Above Market Value

This property is priced +59.4% above area average per sq ft

+59.4%
This Property
£444/sq ft
Area Average
£278/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£293,220
10% above area average per sq ft
Potential ROI
-38.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (TF6)

Area prices are falling by +3.5% over the last 12 months
3 year growth: 6.5%
5 year growth: -4.7%
Investment Disclaimer: Analysis based on TF6 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

Heath Lane, Ellerdine, Telford
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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
£1,557
Based on a loan of £318,750 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