High Street, Broseley
Harwood Shropshire Ltd logo

High Street, Broseley

By Harwood Shropshire Ltd

£ 125,000

Reviews

2 out of 5 stars

Harwood Shropshire Ltd says ..

Currenty rented out to a long term tenant paying approx £540 pcm this freehold property comprises a large ground floor retail unit, with W.C and two storage rooms on the first floor. A parking area to the front is also included.

Property Oracle says ..

This property presents a mixed opportunity. Situated on the High Street of Broseley, it benefits from a prominent location with potential for high footfall. The existing rental income adds to its appeal as an investment property. However, the property requires significant modernisation. The interior photographs reveal a dated and cluttered condition that will require considerable investment in refurbishment before it could appeal to a wider range of potential buyers or tenants. The lack of parking, besides the area to the front mentioned may be a drawback. The absence of detailed information on property size in comparable listings makes definitive conclusions about price per square foot comparison difficult. Nevertheless, the list price seems to sit within a reasonable range for the location, but thorough due diligence is vital before committing to a purchase, focusing on potential renovation costs and market research for similar commercial properties in the area. The lack of bedrooms and bathrooms further clarifies this property is for commercial use, adding to the considerations of a potential investor.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
1
Bedrooms
0
Bathrooms
0
Sqft (est)
991.36

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
270,000.00 £
Decreased by 9.02 %
from 296,770.00 £
Est sale value
346,976.00 £
Decreased by 1.69 %
from 352,924.16 £
Average area rental value
1,013.00 £/mo
Increased by 14.08 %
from 888.00 £/mo
Est letting value
991.36 £/mo
Unchanged by 0.00 %
from 991.36 £/mo
Est rental Yield
4.50 %
Increased by 25.35 %
from 3.59 %
Crime Rate
81.00 %
Unchanged by 0.00 %
from 81.00 %

Agent Activity

  • Harwood Shropshire Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Broseley Ce Primary SchoolVoluntary Controlled SchoolGood0.63 KM
Broseley Children'S Centre Delivery PointChildren's Centre Linked Site0.63 KM
John Wilkinson Primary School And NurseryCommunity SchoolOutstanding1.30 KM
Aspris Telford SchoolOther Independent Special SchoolGood2.32 KM
Coalbrookdale And Ironbridge Cofe Primary SchoolVoluntary Aided SchoolOutstanding2.36 KM

Images

Photo 1 Photo 3 Photo 5 Photo 6 Photo 2 Photo 4 Photo 7 Photo 8 Photo 9

Nearby Streets

NameAverage PriceAverage SqftDistance
Jackson Avenue £ 000.00 KM
Four Winds Caravan Park £ 000.00 KM
Hurst Close £ 299,95000.00 KM
Rosewood Gardens £ 000.00 KM
Saint Luke's Road £ 299,95000.00 KM

Nearby Transport

NameNLCTLCDistance
Telford Central4691TFC8.89 KM
Oakengates4689OKN9.63 KM

Nearby Listings

AddressPriceTypeScoreDistance
High Street, Broseley £ 125,000BUY4 / 100.00 KM
Woodhouse Road,Broseley,TF12 5HL £ 200,000BUY7 / 100.12 KM
Barber St, Broseley £ 565,000BUY6 / 100.13 KM
Carvers Road, Broseley £ 200,000BUY5 / 100.13 KM
5 Carvers Road, Broseley, Shropshire, TF12 5HP £ 125,000BUY5 / 100.14 KM

Nearby Properties

AddressPriceDistance
51 High Street £ 215,0000.00 KM
22 High Street £ 139,9500.02 KM
37a High Street £ 220,0000.02 KM
35 High Street £ 170,0000.02 KM
24 - 25 High Street £ 170,0000.02 KM