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 %
- Est sale value
- 346,976.00 £Decreased by 1.69 %
- Average area rental value
- 1,013.00 £/moIncreased by 14.08 %
- Est letting value
- 991.36 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.50 %Increased by 25.35 %
- Crime Rate
- 81.00 %Unchanged by 0.00 %
Agent Activity
Harwood Shropshire Ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Broseley Ce Primary School | Voluntary Controlled School | Good | 0.63 KM |
| Broseley Children'S Centre Delivery Point | Children's Centre Linked Site | 0.63 KM | |
| John Wilkinson Primary School And Nursery | Community School | Outstanding | 1.30 KM |
| Aspris Telford School | Other Independent Special School | Good | 2.32 KM |
| Coalbrookdale And Ironbridge Cofe Primary School | Voluntary Aided School | Outstanding | 2.36 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Jackson Avenue | £ 0 | 0 | 0.00 KM |
| Four Winds Caravan Park | £ 0 | 0 | 0.00 KM |
| Hurst Close | £ 299,950 | 0 | 0.00 KM |
| Rosewood Gardens | £ 0 | 0 | 0.00 KM |
| Saint Luke's Road | £ 299,950 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Telford Central | 4691 | TFC | 8.89 KM |
| Oakengates | 4689 | OKN | 9.63 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| High Street, Broseley | £ 125,000 | BUY | 4 / 10 | 0.00 KM |
| Woodhouse Road,Broseley,TF12 5HL | £ 200,000 | BUY | 7 / 10 | 0.12 KM |
| Barber St, Broseley | £ 565,000 | BUY | 6 / 10 | 0.13 KM |
| Carvers Road, Broseley | £ 200,000 | BUY | 5 / 10 | 0.13 KM |
| 5 Carvers Road, Broseley, Shropshire, TF12 5HP | £ 125,000 | BUY | 5 / 10 | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 51 High Street | £ 215,000 | 0.00 KM |
| 22 High Street | £ 139,950 | 0.02 KM |
| 37a High Street | £ 220,000 | 0.02 KM |
| 35 High Street | £ 170,000 | 0.02 KM |
| 24 - 25 High Street | £ 170,000 | 0.02 KM |