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Westland, Withington Close, Oakengates, Telford, TF2 6JQ - Image 1
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Westland, Withington Close, Oakengates, Telford, TF2 6JQ

West Midlands

£50,000

Listed on 05/06/2026

Property Details

Bedrooms
2
Type
Detached

Description

This vacant freehold detached bungalow presents a promising opportunity for those looking to invest in refurbishment or potential redevelopment, pending appropriate planning permissions. Nestled on a generous plot and set back from the road with a driveway and landscaped foregarden, this property is conveniently located near the junction of Withington Close and Church Parade. The bungalow comprises a hall, reception room, dining kitchen, utility room, two bedrooms, and a bathroom/WC. Additional outdoor features include a driveway, garage, gardens, and a store. Its current condition indicates that it requires significant refurbishment but also offers an opportunity to enhance its value significantly. Located in the desirable Oakengates area, residents will benefit from easy access to local shops, schools, parks, bus routes, and nearby rail links to Telford Town Centre's extensive amenities. This property is an ideal candidate for buyers seeking a project in an established residential neighborhood.

Investment Analysis

(TF2 area)
Area Average
£256/sq ft
Avg Rent (weekly)
£238
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (TF2)

Area prices are falling by -7.2% over the last 12 months
3 year growth: -3.2%
5 year growth: +10.8%
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

Westland, Withington Close, Oakengates, Telford, TF2 6JQ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£189
Based on a loan of £37,500 over 30 years at 4.45% 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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