Stentons Estate Agents says ..

Property Oracle says ..

This three-bedroom bungalow situated on Old Office Road in Dawley, Telford, Shropshire, presents a unique opportunity, but one with considerable caveats. The property is in need of extensive renovations and potentially structural work, as evidenced by visible cracks in the exterior walls. The garden, while spacious, is significantly overgrown and requires landscaping. The listing highlights a previous use as a haulage yard and mentions lapsed outline planning permission for development, potentially adding to its appeal for those interested in redevelopment projects. However, the lack of information regarding the square footage of the property and the plot limits a precise evaluation of its value. The property’s proximity to schools like Ladygrove Primary School (rated ‘Good’ by Ofsted) and relative closeness to Telford’s train stations are positive aspects, increasing its appeal to families and commuters. Buyers must factor in the considerable renovation costs which would impact upon the overall value. Overall, the property is a high-risk, high-reward prospect and its suitability heavily depends on the buyer’s intentions. The potential for development alongside the current condition significantly influences its market appeal. It would be wise to have thorough building surveys and potentially discuss feasibility with developers before bidding.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images