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Forest Road, Market Drayton

West Midlands

£235,000

Listed on 12/06/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
605 sqft

Description

This two-bedroom detached bungalow, located on the outskirts of Market Drayton, presents an excellent investment opportunity for those looking to create a personalized home. While it requires updating throughout, the potential to enhance its charm and functionality is significant. The entry opens into a hallway that provides access to a kitchen fitted with a variety of wall and base units, which includes a built-in cooker and gas hob, along with plumbing for a washing machine. A built-in storage cupboard containing the Worcester Bosch gas boiler adds convenience. The spacious lounge features a gas fire within a brick surround, ideal for cozy gatherings. Both double bedrooms are positioned off an inner hallway that also leads to a wet room and features an additional storage cupboard. Outside, the sizable rear garden offers ample space for gardening or relaxation, complemented by a timber shed. There's generous parking available at the front as well as side access leading to a detached garage. Situated near Market Drayton's vibrant market town amenities and good transport links, this property is ripe for transformation into a modern living space that reflects personal style.

Investment Analysis

(TF9 area)

Above Market Value

This property is priced +42.5% above area average per sq ft

+42.5%
This Property
£388/sq ft
Area Average
£273/sq ft
Avg Rent (weekly)
£258
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£181,382
10% above area average per sq ft
Potential ROI
-34.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TF9)

Area prices are rising by +2.3% over the last 12 months
3 year growth: +2.0%
5 year growth: +16.1%
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

Forest Road, Market Drayton
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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
£888
Based on a loan of £176,250 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.

Stamp Duty Calculator

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