Queen Street, Market Drayton, TF9
West Midlands
£200,000
Listed on 14/11/2026
Listed on 14/11/2026
The listing
Property details
Bedrooms
4Type
Commercial DevelopmentDescription
A town-centre building in Market Drayton is offered with no upward chain. The listing describes an existing block with gas central heating and states that full planning permission has been secured for six apartments and two retail units. The proposed mixed-use scheme may suit a purchaser considering refurbishment or redevelopment, subject to checking the planning documents, building condition and any other required consents.
The property occupies a prominent position among the town's shops and services, with access to the A53 and A41 for connections to nearby centres including Telford, Shrewsbury and Stoke-on-Trent. Market Drayton has a regular market, local amenities and access to surrounding countryside. The listing also notes nearby schools, sports facilities and leisure amenities.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
47out of 100
Grade ELow opportunity
Confidence: LOW
This is a substantial town-centre project with a prominent frontage and a potentially compelling mixed-use angle: the listing states that planning permission has been granted for six apartments and two retail units, though the consent and scheme have not been verified. The exterior looks dated and the roof covering appears weathered, so inspection and a clear scope of work will be important when assessing the opportunity.
The score is held back by limited renovation-economics data rather than a finding that the price is high: floor area is missing, so value against local £/sqf cannot yet be judged. The building’s central position and stated planning potential give it a distinctive proposition, but the overall opportunity remains low-rated until the scheme, condition and numbers can be checked.
Key opportunities
- Explore the stated planning consent for six apartments and two retail units, subject to verifying the permission and approved scheme.
- Use the prominent town-centre frontage to consider a mixed-use proposition with visible retail space.
- Aerial views provide useful context for assessing the building’s roof and surroundings as the project is scoped.
Key risks
- The pitched roof covering looks weathered and should be inspected to establish its condition.
- The consent and approved scheme are unverified, and the missing floor area prevents a local £/sqf value comparison.
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Transport
Nearest stations
Prees Rail Station
8.6 miles
Train · Prees
Whitchurch (Shrops) Rail Station
9.0 miles
Train · Whitchurch
Wrenbury Rail Station
9.2 miles
Train · Wrenbury
Wem Rail Station
10.3 miles
Train · Wem
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£817
Based on a loan of £150,000 over 30 years at 5.13% 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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