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 %
- Average area rental value
- 1,824.00 £/moIncreased by 43.40 %
- Est rental Yield
- 5.72 %Increased by 65.32 %
- Crime Rate
- 51.00 %Unchanged by 0.00 %
Agent Activity
Town & Country Property Auctions created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Windmill Primary School | Academy Sponsor Led | 0.18 KM | |
| Brookside Children Centre & Nursery | Children's Centre | 0.19 KM | |
| Holmer Lake Primary School | Community School | Good | 0.80 KM |
| The Telford Park School | Academy Sponsor Led | Requires improvement | 1.03 KM |
| Grange Park Primary School | Academy Converter | Good | 1.03 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Grebe Close | £ 270,000 | 0 | 0.00 KM |
| Norton Close | £ 0 | 0 | 0.00 KM |
| Bridgnorth Road | £ 195,000 | 0 | 0.00 KM |
| Harley Close | £ 0 | 0 | 0.00 KM |
| Cherington | £ 145,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Telford Central | 4691 | TFC | 3.40 KM |
| Oakengates | 4689 | OKN | 4.84 KM |
| Shifnal | 4619 | SFN | 8.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 187 Burford, Telford, Shropshire, TF3 1LW | £ 50,000 | BUY | 5 / 10 | 0.00 KM |
| Burford, Brookside | £ 50,000 | BUY | 5 / 10 | 0.02 KM |
| Beaconsfield, Brookside, Telford, TF3 | £ 72,500 | BUY | 5 / 10 | 0.09 KM |
| Beaconsfield, Brookside | £ 67,500 | BUY | 6 / 10 | 0.09 KM |
| Burford, Brookside | £ 69,950 | BUY | Unknown | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 192 Burford | £ 45,000 | 0.03 KM |
| 184 Burford | £ 55,000 | 0.03 KM |
| 188 Burford | £ 50,000 | 0.03 KM |
| 181 Burford | £ 55,000 | 0.03 KM |
| 180 Burford | £ 50,000 | 0.04 KM |