Furnace Lane, Trench, Telford, Shropshire, TF2 7JX
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Furnace Lane, Trench, Telford, Shropshire, TF2 7JX

By Pattinson Estate Agents

£ 120,000

Reviews

3 out of 5 stars

Pattinson Estate Agents says ..

**Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £120,000. Lovely 2 bedroom terraced property with the added bonus of a loft room ideal for use as an office. The property has a modern kitchen, lounge, modern bathroom, recently redecorated throughout...

Property Oracle says ..

The property is a 2 bedroom terraced house located on Furnace Lane, Trench, Telford. It has recently been modernised and is presented in good condition throughout. The kitchen and bathroom have been updated to a modern standard. The property also benefits from a small, manageable rear garden with a shed. The location is good, with several primary schools within a short distance, rated ‘Good’ by Ofsted. Train stations are also relatively close by, providing access to Telford and beyond. However, the plot size is very small. Given the average price per square foot in the area is £428, and this property is listed at £120,000 with 692 sqft, the price per sqft is approximately £173. This represents a significant discount compared to the area average. While the property is smaller than average, the modern condition and convenient location could justify the lower price per sqft. However, further investigation into comparable properties in the immediate vicinity would be beneficial to confirm this. Based on the provided information, the property appears to be a good value option for first-time buyers or investors looking for a modern, low-maintenance property in a convenient location.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
9
Condition
8
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
692.00

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
382,875.00 £
Decreased by 13.12 %
from 440,686.00 £
Est sale value
358,456.00 £
Decreased by 4.43 %
from 375,064.00 £
Average area rental value
1,824.00 £/mo
Increased by 43.40 %
from 1,272.00 £/mo
Est letting value
1,384.00 £/mo
Increased by 100.00 %
from 692.00 £/mo
Est rental Yield
5.72 %
Increased by 65.32 %
from 3.46 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Pattinson Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Wrockwardine Wood Infant School And NurseryCommunity SchoolGood0.38 KM
Donnington Wood Cofe Voluntary Controlled Junior SchoolVoluntary Controlled SchoolGood0.59 KM
The Telford Priory SchoolAcademy Sponsor LedRequires improvement0.61 KM
Wrockwardine Wood Church Of England Junior SchoolVoluntary Controlled SchoolGood1.03 KM
St Luke'S Catholic Primary SchoolVoluntary Aided SchoolGood1.16 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Dickens Road £ 185,00000.00 KM
Talbot Road £ 000.00 KM
Sutherland Way £ 000.00 KM
Wood Close £ 270,00000.00 KM
John Hunt Avenue £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Oakengates4689OKN1.99 KM
Telford Central4691TFC3.25 KM
Wellington (Shropshire)4690WLN8.15 KM
Shifnal4619SFN9.37 KM

Nearby Listings

AddressPriceTypeScoreDistance
Furnace Lane, Trench, Telford, Shropshire, TF2 7JX £ 120,000BUY6 / 100.00 KM
Furnace Lane, Trench, Telford, TF2 £ 160,000BUY5 / 100.13 KM
Furnace Lane, Trench, Telford, Shropshire. £ 180,000BUY7 / 100.14 KM
Furnace Lane, Trench, Telford £ 120,000BUY6 / 100.15 KM
23 Talbot Road, Trench, Telford, Shropshire TF2 7LD £ 130,000BUY6 / 100.21 KM

Nearby Properties

AddressPriceDistance
11 Dickens Road £ 130,0000.06 KM
5 Dickens Road £ 95,0000.06 KM
12 Dickens Road £ 130,0000.06 KM
70 Gibbons Road £ 125,0000.12 KM
66 Gibbons Road £ 120,0000.12 KM