41 Park Lane, Madeley, Telford, Shropshire TF7 5HN
By Auction House
£ 60,000
Reviews
2 out of 5 stars
Auction House says ..
2/3 Bed Cottage for Auction 3rd March - 4th March
Property Oracle says ..
This three-bedroom terraced house in Madeley, Telford, presents a mixed bag of opportunities and challenges. Located on Park Lane, it benefits from proximity to local schools, including William Reynolds Primary School (Outstanding Ofsted rating) and Madeley Nursery School (also Outstanding), as well as Woodlands Primary School (Good). Telford Central train station is within a reasonable distance, though not walking distance. The property itself is significantly in need of modernisation and repair. The images show considerable wear and tear, including damaged walls, flooring needing replacement, and general disrepair. While the kitchen seems relatively new, the rest of the house requires substantial work. The property does, however, offer a good-sized rear garden, which provides potential for outdoor living and improvement. The list price is lower than comparable properties in the area, reflecting the substantial renovation required. Buyers should factor in the significant costs of bringing the property up to a modern standard. Overall, this property is best suited to a buyer with renovation experience and a budget to accommodate the necessary improvements. The property’s potential is high, but the current condition needs to be addressed before it becomes a comfortable home.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 6
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 1,076.39
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 489,165.00 £Increased by 16.57 %
- Est sale value
- 670,590.97 £Increased by 28.45 %
- Average area rental value
- 1,679.00 £/moDecreased by 8.30 %
- Est letting value
- 2,152.78 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.12 %Decreased by 21.37 %
- Crime Rate
- 13.00 %Unchanged by 0.00 %
Agent Activity
Auction House created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Park Lane Children Centre | Children's Centre | 0.26 KM | |
| William Reynolds Primary School | Community School | Outstanding | 0.62 KM |
| Woodlands Primary School | Community School | Good | 0.69 KM |
| Haberdashers' Abraham Darby | Academy Sponsor Led | Requires improvement | 0.69 KM |
| Madeley Nursery School | Local Authority Nursery School | Outstanding | 0.99 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| West View Terrace | £ 0 | 0 | 0.00 KM |
| Hollybush Road | £ 0 | 0 | 0.00 KM |
| Ironbridge Road | £ 565,000 | 0 | 0.00 KM |
| Woodside Avenue | £ 172,500 | 0 | 0.00 KM |
| The Ridings | £ 308,500 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Telford Central | 4691 | TFC | 5.55 KM |
| Oakengates | 4689 | OKN | 6.45 KM |
| Wellington (Shropshire) | 4690 | WLN | 9.17 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Park Lane, Madeley, Telford, Shropshire, TF7 | £ 315,000 | BUY | 6 / 10 | 0.01 KM |
| Park Lane, Madeley, Telford, Shropshire | £ 185,000 | BUY | 7 / 10 | 0.02 KM |
| Wantage, Telford, TF7 | £ 120,000 | BUY | 5 / 10 | 0.28 KM |
| West View Terrace, Madeley, TF7 5HH | £ 195,000 | BUY | Unknown | 0.32 KM |
| West View Terrace, Madeley, Telford | £ 190,000 | BUY | 7 / 10 | 0.33 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 43 Park Lane | £ 147,000 | 0.03 KM |
| 47 Park Lane | £ 97,000 | 0.03 KM |
| 40 Park Lane | £ 157,000 | 0.03 KM |
| Malvin | £ 215,000 | 0.03 KM |
| 42 Park Lane | £ 49,500 | 0.03 KM |