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Hermitage Way, Madeley, Telford, Shropshire TF7 - Image 1
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Hermitage Way, Madeley, Telford, Shropshire TF7

West Midlands

£230,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
837 sqft

Description

This three-bedroom detached house offers a promising opportunity for those interested in renovation or investment. The property features a well-considered layout that includes a front-facing lounge and a separate reception room, providing ample space for versatile living arrangements. The fitted kitchen/diner is practical and can easily be updated to meet modern standards. Each of the three bedrooms is generously-sized, presenting a great foundation for creating comfortable personal spaces. Additionally, the family bathroom offers potential for refurbishment. Outside, the property is complemented by a rear garden and off-street parking at the front, enhancing both convenience and outdoor appeal. The enclosed garden space provides an opportunity for landscaping or further development, depending on your vision. Situated in the sought-after residential area of Madeley, this home benefits from proximity to local amenities. The town center is within walking distance, featuring various shops, schools, and essential services. Telford town center is just a short drive away, offering extensive shopping and leisure options. Public transport links are also conveniently accessible, making it easy to commute or explore the surrounding region. Offered with no onward chain, this property presents itself as a blank canvas ready for customization. Whether you are looking to create your ideal family home or expand your investment portfolio, this house holds significant potential for those willing to invest time and resources into renovations. Early viewing is recommended to fully appreciate the possibilities that await within these walls.

Investment Analysis

(TF7 area)

Above Market Value

This property is priced +43.5% above area average per sq ft

+43.5%
This Property
£275/sq ft
Area Average
£192/sq ft
Avg Rent (weekly)
£236
Avg Yield
5.3%

Renovation Potential

Est. Renovation Cost
£23,000 - £57,500
10-25% of property value
Target Value
£176,360
10% above area average per sq ft
Potential ROI
-38.7%
After renovation
Monthly Sales
10
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (TF7)

Area prices are rising by +13.9% over the last 12 months
3 year growth: 7.7%
5 year growth: 29.0%
Investment Disclaimer: Analysis based on TF7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Hermitage Way, Madeley, Telford, Shropshire TF7
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