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Cheshire Street, Market Drayton

West Midlands

£750,000

Listed on 27/07/2026

Property details

Bedrooms
N/A
Type
Commercial Property

Features

  • garden

Description

This property presents a strategic mixed-use investment opportunity, featuring two commercial spaces alongside five residential flats, all located on a plot of approximately 0.31 acres. The asset generates a noteworthy net yield of 8.17% post-purchase fees, making it an attractive option for investors. The inclusion of a derelict outbuilding opens avenues for potential redevelopment—whether for a public house or hotel (subject to necessary planning consents). Situated on Cheshire Street at the heart of Market Drayton, the property boasts proximity to well-known establishments such as JD Wetherspoon and Oxfam, enhancing its appeal among tenants and customers alike. Market Drayton is a well-established market town with good transport links to nearby cities such as Shrewsbury and Telford. This location provides excellent growth potential in terms of both rental income and future asset management strategies. Investors should be aware that while the property currently generates revenue from the existing tenants, there may be opportunities to increase value through targeted renovations and strategic management.

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Location

Cheshire Street, 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
£2,833
Based on a loan of £562,500 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.

Stamp duty calculator

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

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