41 Park Lane, Madeley, Telford, Shropshire TF7 5HN
AU

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 %
from 419,649.00 £
Est sale value
670,590.97 £
Increased by 28.45 %
from 522,049.15 £
Average area rental value
1,679.00 £/mo
Decreased by 8.30 %
from 1,831.00 £/mo
Est letting value
2,152.78 £/mo
Unchanged by 0.00 %
from 2,152.78 £/mo
Est rental Yield
4.12 %
Decreased by 21.37 %
from 5.24 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Auction House created the listing.

Nearby Schools

NameTypeOfstedDistance
Park Lane Children CentreChildren's Centre0.26 KM
William Reynolds Primary SchoolCommunity SchoolOutstanding0.62 KM
Woodlands Primary SchoolCommunity SchoolGood0.69 KM
Haberdashers' Abraham DarbyAcademy Sponsor LedRequires improvement0.69 KM
Madeley Nursery SchoolLocal Authority Nursery SchoolOutstanding0.99 KM

Images

IMG 9705 T202502051546.jpeg IMG 9707 T202502051546.jpeg IMG 9708 T202502051546.jpeg IMG 9709 T202502051546.jpeg IMG 9706 T202502051546.jpeg IMG 9711 T202502051546.jpeg IMG 9712 T202502051546.jpeg IMG 9713 T202502051546.jpeg IMG 9710 T202502051546.jpeg IMG 9716 T202502051546.jpeg IMG 9715 T202502051546.jpeg IMG 9717 T202502051546.jpeg IMG 9718 T202502051546.jpeg IMG 9714 T202502051546.jpeg IMG 9721 T202502051546.jpeg IMG 9720 T202502051546.jpeg

Nearby Streets

NameAverage PriceAverage SqftDistance
West View Terrace £ 000.00 KM
Hollybush Road £ 000.00 KM
Ironbridge Road £ 565,00000.00 KM
Woodside Avenue £ 172,50000.00 KM
The Ridings £ 308,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Telford Central4691TFC5.55 KM
Oakengates4689OKN6.45 KM
Wellington (Shropshire)4690WLN9.17 KM

Nearby Listings

AddressPriceTypeScoreDistance
Park Lane, Madeley, Telford, Shropshire, TF7 £ 315,000BUY6 / 100.01 KM
Park Lane, Madeley, Telford, Shropshire £ 185,000BUY7 / 100.02 KM
Wantage, Telford, TF7 £ 120,000BUY5 / 100.28 KM
West View Terrace, Madeley, TF7 5HH £ 195,000BUYUnknown0.32 KM
West View Terrace, Madeley, Telford £ 190,000BUY7 / 100.33 KM

Nearby Properties

AddressPriceDistance
43 Park Lane £ 147,0000.03 KM
47 Park Lane £ 97,0000.03 KM
40 Park Lane £ 157,0000.03 KM
Malvin £ 215,0000.03 KM
42 Park Lane £ 49,5000.03 KM