Wombridge Road, Telford, Shropshire
NI

Wombridge Road, Telford, Shropshire

By Nick Tart Estate Agents

£ 500,000

Reviews

3 out of 5 stars

Nick Tart Estate Agents says ..

POTENTIAL DEVELOPMENT OPPORTUNITY (STPP): To be sold on option basis to a developer. The site is approximately 1.74 acres (7026m2). The site is mostly level with the access situated at the end of a no through road adjacent to residential housing and parkland. Please note there is a covenan...

Property Oracle says ..

This property presents a unique opportunity in Telford, Shropshire. The listing is for a large plot of land (approximately 1.74 acres) located on Wombridge Road, near Oakengates. The land is described as suitable for potential development, subject to planning permission (STPP). While the existing structures on the site seem to be in need of maintenance or demolition, the significant plot size and its position next to parkland and residential properties are key advantages. The property is within a reasonable distance of Oakengates train station and several schools. The absence of buildings means that buyers should thoroughly investigate the planning process and conduct detailed due diligence to assess the true potential and feasibility of development projects. The current asking price reflects the land value and development potential, but without comprehensive planning approvals, buyers need to weigh these factors against the substantial upfront investment and the inherent risk associated with land development. Further investigation is needed to determine the viability of the investment.

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
6
Condition
4
Location
7
Land
8
Bedrooms
0
Bathrooms
0

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
281,250.00 £
Increased by 19.10 %
from 236,138.00 £
Average area rental value
920.00 £/mo
Increased by 6.36 %
from 865.00 £/mo
Est rental Yield
3.93 %
Decreased by 10.68 %
from 4.40 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Nick Tart Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Wombridge Primary SchoolCommunity SchoolGood0.67 KM
Teagues Bridge Primary SchoolCommunity SchoolGood0.87 KM
Linked Site To The Wakes - OakengatesChildren's Centre Linked Site1.13 KM
The Wakes - Oakengates Children CentreChildren's Centre1.16 KM
Oakengates Nursery SchoolLocal Authority Nursery SchoolGood1.17 KM

Images

Photo 11 Photo 1 Photo 5 Photo 4 Photo 6 Photo 7 Photo 8 Photo 9 Photo 10

Nearby Streets

NameAverage PriceAverage SqftDistance
Village Way £ 000.00 KM
Queensway £ 000.00 KM
Buttery Grove £ 000.00 KM
Kensington Way £ 000.00 KM
West Road £ 375,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Oakengates4689OKN1.32 KM
Telford Central4691TFC2.99 KM
Wellington (Shropshire)4690WLN6.33 KM

Nearby Listings

AddressPriceTypeScoreDistance
Wombridge Road, Telford, Shropshire £ 500,000BUY6 / 100.00 KM
Village Way, Telford, Shropshire, TF2 £ 200,000BUY7 / 100.17 KM
Abdon Court, Oakengates, Telford, TF2 £ 80,000BUY6 / 100.18 KM
Priory Road, Wombridge, Telford, Shropshire, TF2 £ 270,000BUY7 / 100.21 KM
The Cloisters, Telford, Shropshire, TF2 6HY £ 195,000BUY6 / 100.32 KM

Nearby Properties

AddressPriceDistance
17 Wombridge Road £ 233,0000.01 KM
19 Wombridge Road £ 341,0000.01 KM
14 Wombridge Road £ 135,0000.01 KM
12 Abbotts Close £ 132,0000.07 KM
9 Abbots Close £ 107,0000.07 KM