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Slaney Street, Oakengates, Telford

West Midlands

£200,000
Listed on 24/01/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
1571 sqft

Description

This listing features two semi-detached homes, both requiring substantial renovation and presenting an excellent investment opportunity. Each property includes two bedrooms, a lounge, kitchen, and a ground floor bathroom, all of which are in need of updating. The larger-than-average plot size enhances the potential for redevelopment or conversion into additional living or commercial spaces, subject to planning permissions. Notably, full planning consent has already been secured for the demolition of the existing dwellings and the construction of 10 apartments alongside a retail unit, offering a significant advancement in potential returns. Located in a well-established residential area of Telford, residents enjoy convenient access to local amenities like shops and schools, as well as strong road and rail transport links to major nearby cities. This site offers great overall value for those looking to invest in a prominent development opportunity.

Investment Analysis

(TF2 area)

Below Market Value

This property is priced -50.8% below area average per sq ft

-50.8%
Potential saving
This Property
£127/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£238
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£447,405
10% above area average per sq ft
Potential ROI
+39.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (TF2)

Area prices are falling by -4.9% over the last 12 months
3 year growth: -0.4%
5 year growth: +18.8%
Investment Disclaimer: Analysis based on TF2 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

Slaney Street, Oakengates, Telford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£721
Based on a loan of £150,000 over 30 years at 4.06% 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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