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Park Lane, Madeley, TF7

West Midlands

£230,000
Listed on 08/04/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
1066 sqft

Description

This spacious detached bungalow features four bedrooms and is centrally located in Woodside, making it a prime candidate for renovation and investment. The property offers a substantial layout that can be tailored to suit modern family needs. Inside, you will find an inviting entrance hall leading to a generous living area, alongside four well-sized bedrooms, a family bathroom, and a separate WC. The kitchen and reception areas provide ample space for redesigning or refurbishing according to personal style. Although the property requires modernisation, its inherent potential is evident, presenting an excellent opportunity for buyers aiming to enhance their living environment. Notable amenities include gas central heating, double glazing, and a private driveway with ample parking. The exterior of the bungalow adds further value. The front garden includes a driveway that not only accommodates multiple vehicles but also enhances curb appeal with a modest lawn area. At the rear, the spacious garden primarily consists of lawn space, ideal for both relaxation and entertainment, enclosed for privacy—perfect for families with children or pets. There is also scope to extend (subject to appropriate permissions) or develop an outdoor area that meets your specifications. This rare offering combines location with potential improvements and is ideally suited for those looking to transform it into their long-term family residence.

Investment Analysis

(TF7 area)

Above Market Value

This property is priced +14.2% above area average per sq ft

+14.2%
This Property
£216/sq ft
Area Average
£189/sq ft
Avg Rent (weekly)
£205
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£221,563
10% above area average per sq ft
Potential ROI
-20.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (TF7)

Area prices are rising by +4.8% over the last 12 months
3 year growth: +9.4%
5 year growth: +27.4%
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 Lane, Madeley, TF7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£815
Based on a loan of £172,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

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