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4 St Marys Street, Market Drayton, Shropshire, TF9 1AA - Image 1
4 St Marys Street, Market Drayton, Shropshire, TF9 1AA - Image 2
4 St Marys Street, Market Drayton, Shropshire, TF9 1AA - Image 3
4 St Marys Street, Market Drayton, Shropshire, TF9 1AA - Image 4
4 St Marys Street, Market Drayton, Shropshire, TF9 1AA - Image 5
4 St Marys Street, Market Drayton, Shropshire, TF9 1AA - Image 6
4 St Marys Street, Market Drayton, Shropshire, TF9 1AA - Image 7
4 St Marys Street, Market Drayton, Shropshire, TF9 1AA - Image 8
4 St Marys Street, Market Drayton, Shropshire, TF9 1AA - Image 9
4 St Marys Street, Market Drayton, Shropshire, TF9 1AA - Image 10

4 St Marys Street, Market Drayton, Shropshire, TF9 1AA

West Midlands

£50,000
Listed on 15/05/2026

Property Details

Bedrooms
1
Type
Detached

Description

This substantial building presents a noteworthy investment opportunity, located prominently on St Mary's Street. With its close proximity to the town centre amenities and St Mary's Church, the site is ideally situated for both commercial and residential redevelopment. The ground floor has been previously utilised as a spacious Indian restaurant, offering considerable commercial potential. However, the upper levels are currently in a state of disrepair and require comprehensive refurbishment. Historically, planning permission was granted for conversion into four residential flats, although this consent has now lapsed. Prospective investors have an opportunity to explore various alternative development schemes, subject to securing the necessary planning approvals. Given its location within a thriving market town with high demand for housing and commercial spaces, this property stands out as an attractive project for developers and builders seeking to enhance value through renovation.

Investment Analysis

(TF9 area)
Area Average
£272/sq ft
Avg Rent (weekly)
£251
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TF9)

Area prices are rising by +4.7% over the last 12 months
3 year growth: +0.7%
5 year growth: +16.0%
Investment Disclaimer: Analysis based on TF9 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

4 St Marys Street, Market Drayton, Shropshire, TF9 1AA
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£178
Based on a loan of £37,500 over 30 years at 3.97% 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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