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Building Plot Adjacent to, 14 The Rookery, Madeley, Telford, Shropshire, TF7 5AW - Image 1
Building Plot Adjacent to, 14 The Rookery, Madeley, Telford, Shropshire, TF7 5AW - Image 2
Building Plot Adjacent to, 14 The Rookery, Madeley, Telford, Shropshire, TF7 5AW - Image 3
Building Plot Adjacent to, 14 The Rookery, Madeley, Telford, Shropshire, TF7 5AW - Image 4
Building Plot Adjacent to, 14 The Rookery, Madeley, Telford, Shropshire, TF7 5AW - Image 5
Building Plot Adjacent to, 14 The Rookery, Madeley, Telford, Shropshire, TF7 5AW - Image 6
Building Plot Adjacent to, 14 The Rookery, Madeley, Telford, Shropshire, TF7 5AW - Image 7
Building Plot Adjacent to, 14 The Rookery, Madeley, Telford, Shropshire, TF7 5AW - Image 8
Building Plot Adjacent to, 14 The Rookery, Madeley, Telford, Shropshire, TF7 5AW - Image 9

Building Plot Adjacent to, 14 The Rookery, Madeley, Telford, Shropshire, TF7 5AW

West Midlands

£80,000Guide Price

Listed on 07/07/2026

Property details

Bedrooms
3
Type
Detached

Description

This is a unique opportunity to acquire a building plot with existing planning permission, ideal for those looking to invest in residential development. The approved plan (TWC/2016/0668) outlines the construction of a detached dwelling comprising two two-bedroom apartments, along with allocated parking and landscaping. Additionally, there has been progress with groundwork already initiated. A pre-application for a separate detached two-bedroom bungalow has also received positive feedback, indicating further potential for development in this desirable area. Local amenities and schools are conveniently located nearby, enhancing the attractiveness of this investment. Note that images included are illustrative; planning permission for the bungalow is still pending approval.

Investment analysis

(TF7 area)
Area Average
£189/sq ft
Avg Rent (weekly)
£204
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (TF7)

Area prices are stable by +1.9% over the last 12 months
3 year growth: +6.5%
5 year growth: +27.8%
Investment Disclaimer: Analysis based on TF7 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

Building Plot Adjacent to, 14 The Rookery, Madeley, Telford, Shropshire, TF7 5AW
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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
£302
Based on a loan of £60,000 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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