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
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Metrics Year-on-Year
- Average area value
- 281,250.00 £Increased by 19.10 %
- Average area rental value
- 920.00 £/moIncreased by 6.36 %
- Est rental Yield
- 3.93 %Decreased by 10.68 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Nick Tart Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Wombridge Primary School | Community School | Good | 0.67 KM |
| Teagues Bridge Primary School | Community School | Good | 0.87 KM |
| Linked Site To The Wakes - Oakengates | Children's Centre Linked Site | 1.13 KM | |
| The Wakes - Oakengates Children Centre | Children's Centre | 1.16 KM | |
| Oakengates Nursery School | Local Authority Nursery School | Good | 1.17 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Village Way | £ 0 | 0 | 0.00 KM |
| Queensway | £ 0 | 0 | 0.00 KM |
| Buttery Grove | £ 0 | 0 | 0.00 KM |
| Kensington Way | £ 0 | 0 | 0.00 KM |
| West Road | £ 375,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Oakengates | 4689 | OKN | 1.32 KM |
| Telford Central | 4691 | TFC | 2.99 KM |
| Wellington (Shropshire) | 4690 | WLN | 6.33 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Wombridge Road, Telford, Shropshire | £ 500,000 | BUY | 6 / 10 | 0.00 KM |
| Village Way, Telford, Shropshire, TF2 | £ 200,000 | BUY | 7 / 10 | 0.17 KM |
| Abdon Court, Oakengates, Telford, TF2 | £ 80,000 | BUY | 6 / 10 | 0.18 KM |
| Priory Road, Wombridge, Telford, Shropshire, TF2 | £ 270,000 | BUY | 7 / 10 | 0.21 KM |
| The Cloisters, Telford, Shropshire, TF2 6HY | £ 195,000 | BUY | 6 / 10 | 0.32 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 17 Wombridge Road | £ 233,000 | 0.01 KM |
| 19 Wombridge Road | £ 341,000 | 0.01 KM |
| 14 Wombridge Road | £ 135,000 | 0.01 KM |
| 12 Abbotts Close | £ 132,000 | 0.07 KM |
| 9 Abbots Close | £ 107,000 | 0.07 KM |