34 Belmont Road, Ironbridge, Telford, Shropshire, TF8 7QT

Description

Description Presented in true turnkey condition, the property has been sympathetically updated whilst retaining an abundance of original charm. Whether purchased as a full-time residence, weekend retreat or investment, it offers buyers a ready-to-enjoy home requiring little or no immediate expenditure. Ideal main residence, second home or holiday cottage Situated on Belmont Road, the property enjoys a superb location just moments from the vibrant centre of Ironbridge, one of Britain's most famous historic towns. The property lies within the internationally recognised Ironbridge Gorge UNESCO World Heritage Site, regarded as the birthplace of the Industrial Revolution and attracting hundreds of thousands of visitors each year. The town offers an excellent selection of independent cafés, traditional pubs, restaurants, boutique shops and museums, together with scenic walks along the River Severn. Holiday Let Potential and potential to be a 2 bed Given its exceptional location, attractive presentation and private parking, the property would make an excellent holiday home or holiday let, subject to any necessary consents and compliance with current regulations. Ironbridge remains one of the West Midlands' premier heritage tourism destinations, with strong year-round visitor demand generated by its museums, festivals, walking routes and UNESCO World Heritage status. Current short-term letting market data for Ironbridge indicates: Average nightly rates in the region of £140–£160 for well-presented cottages. Potential annual gross revenues of around £15,000–£20,000+, depending on occupancy levels, pricing strategy and owner usage. These figures are indicative only and should not be relied upon as guaranteed income. A particularly unusual feature for a cottage of this age is the private off-road parking to the front, while to the rear is a delightful low-maintenance landscaped garden, providing an attractive and private space to relax or entertain.

Location

34 Belmont Road, Ironbridge, Telford, Shropshire, TF8 7QT

Investment Analysis

Investment Snapshot

Strategy Recommendation

Preferred strategy: Income Investment / Buy-to-Let. Confirm this against the legal pack, inspection, finance and local market evidence before bidding.

Works Required

• Obtain a condition / structural survey

• Electrical and heating checks

• Allow for decoration and repairs

• Verify planning status, access, services and development constraints

• Review tenancy documents, rent history and landlord compliance

HB initial works allowance: £5,000–£15,000. This is an investment-feasibility allowance, not a contractor quotation.

Rental & Market Context

No reliable current rent is stated in the supplied scrape. For initial appraisal only, HB estimates market rent at approximately £800–£975 pcm (£9,600–£11,700 pa). This is an HB estimate and should be verified against current local lettings.

GDV / Resale Analysis

HB indicative post-works / stabilised value range: £162,000–£183,000. This is an appraisal estimate only, not a RICS valuation. Verify against recent genuinely comparable sold evidence.

Properties Sold Within Approx. 5 Miles

Specific sold transactions are not contained in the supplied scrape, so no unverified addresses or sold prices have been inserted. Check recent Land Registry / local comparable evidence before setting a maximum bid.

Potential BRRR Position

Illustrative middle case: guide £150,000 plus midpoint works of £10,000 gives about £160,000 before acquisition/finance costs. At the midpoint HB value of £172,500, an illustrative 75% refinance is about £129,375, leaving approximately £30,625 of purchase/works capital before transaction costs.

Flip Analysis

Midpoint HB value £172,500 less guide and midpoint works gives an initial gross spread of about £12,500. This is not profit: SDLT, auction fees, legal fees, finance, holding costs, utilities, insurance, selling fees and contingency must also be deducted.

Investor Risks & Due Diligence

• Review the full legal pack, title and special conditions

• Confirm buyer's premium / auction administration charges and completion timetable

• Obtain a suitable condition or structural survey

• Verify refurbishment quotations and contingency

• Verify current rental evidence and recent comparable sales

• Confirm lender requirements, valuation and exit finance

Recommendation

Initial recommendation: Income Investment / Buy-to-Let. Proceed only if the legal pack, condition, funding and exit-value evidence support the proposed maximum bid.

Strategy Rating

Buy-to-Let: ★★★★☆ | BRRR: ★★★☆☆ | Flip/Resale: ★★★☆☆