187 Burford, Telford, Shropshire, TF3 1LW
TO

187 Burford, Telford, Shropshire, TF3 1LW

By Town & Country Property Auctions

£ 50,000

Reviews

2 out of 5 stars

Town & Country Property Auctions says ..

Guide Price £50,000 For sale by unconditional online auction. This tenanted property offers an outstanding investment opportunity with a strong projected rental yield of 14.3% at the guide price. Currently generating £595 per calendar month, it provides immediate rental income...

Property Oracle says ..

The property is a one bedroom flat located in Brookside, Telford. The area benefits from relatively close proximity to several primary schools, including Windmill Primary School and Holmer Lake Primary School which has a good Ofsted rating. Telford Central train station is also within a reasonable commuting distance, approximately 3.4km away. Based on the provided images, the property appears to be in generally fair condition. The kitchen and bathroom show signs of age and could benefit from some modernisation. The flooring and walls seem to be in acceptable condition, though the overall aesthetic is dated. There is a small, paved patio area at the rear of the property. The lack of information regarding the square footage makes it difficult to assess the land size accurately. Considering the list price of £50,000 and the average house price in the area of £412,056, this property is significantly cheaper. However, the average price per square foot is £428, and the lack of square footage for this property makes a direct comparison impossible. The price may reflect the property’s age and condition, as well as its size. Given the need for potential modernisation, the price point may be reasonable for an investor looking to renovate and resell or rent the property. However, a buyer looking for a move-in-ready property might find the required renovations costly.

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
7
Condition
6
Location
7
Land
3
Bedrooms
1
Bathrooms
1

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 £
Average area rental value
1,824.00 £/mo
Increased by 43.40 %
from 1,272.00 £/mo
Est rental Yield
5.72 %
Increased by 65.32 %
from 3.46 %
Crime Rate
51.00 %
Unchanged by 0.00 %
from 51.00 %

Agent Activity

  • Town & Country Property Auctions created the listing.

Nearby Schools

NameTypeOfstedDistance
Windmill Primary SchoolAcademy Sponsor Led0.18 KM
Brookside Children Centre & NurseryChildren's Centre0.19 KM
Holmer Lake Primary SchoolCommunity SchoolGood0.80 KM
The Telford Park SchoolAcademy Sponsor LedRequires improvement1.03 KM
Grange Park Primary SchoolAcademy ConverterGood1.03 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Grebe Close £ 270,00000.00 KM
Norton Close £ 000.00 KM
Bridgnorth Road £ 195,00000.00 KM
Harley Close £ 000.00 KM
Cherington £ 145,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Telford Central4691TFC3.40 KM
Oakengates4689OKN4.84 KM
Shifnal4619SFN8.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
187 Burford, Telford, Shropshire, TF3 1LW £ 50,000BUY5 / 100.00 KM
Burford, Brookside £ 50,000BUY5 / 100.02 KM
Beaconsfield, Brookside, Telford, TF3 £ 72,500BUY5 / 100.09 KM
Beaconsfield, Brookside £ 67,500BUY6 / 100.09 KM
Burford, Brookside £ 69,950BUYUnknown0.12 KM

Nearby Properties

AddressPriceDistance
192 Burford £ 45,0000.03 KM
184 Burford £ 55,0000.03 KM
188 Burford £ 50,0000.03 KM
181 Burford £ 55,0000.03 KM
180 Burford £ 50,0000.04 KM