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St Marys Street, Market Drayton

West Midlands

£167,500

Listed on 01/07/2026

Property details

Bedrooms
N/A
Type
Commercial Property

Description

This two-storey detached building, previously utilized as office space, presents a unique opportunity for transformation. Spanning approximately 1,443 ft² (134.05 m²) across the ground and first floors, the layout includes various offices, storage areas, welfare facilities, and bathrooms. Additionally, there is a basement measuring around 312 ft² (29.02 m²) that further enhances its utility. The traditional brick construction with a tiled roof adds character and could support a range of potential uses—whether continuing in commercial capacities or converting into residential units, subject to the necessary planning permissions. The property features a rear garden/yard area and a detached outbuilding constructed from brick and stonework under a tiled roof which holds further potential for diverse applications depending on local regulations. Its location near St Mary’s Church in Market Drayton places it within an attractive mixed-use environment close to local amenities. Investors and developers should consider this property's flexible usage options and recommend viewing to fully grasp its renovation prospects.

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Investment analysis

(TF9 area)
Area Average
£271/sq ft
Avg Rent (weekly)
£257
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TF9)

Area prices are rising by +5.4% over the last 12 months
3 year growth: +4.9%
5 year growth: +15.5%
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

St Marys Street, Market Drayton
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Mortgage calculator

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£633
Based on a loan of £125,625 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

This calculation uses non-residential (land/commercial) tax rates.

Next Steps

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