40-41 Park Street, Madeley, Telford, Shropshire, TF7 5LD

Description

Description The property is located close to the cricket club and offers easy access to Madeley High Street, with several large supermarkets and both primary and secondary schools within walking distance. The spacious accommodation includes entrance hallway, generous lounge, sitting room, dining room, snug, kitchen/breakfast room, utility, W.C. and shower room. The first floor features four double bedrooms and a fifth smaller bedroom, plus a large family bathroom. There is a useful cellar room located below the dining room. There is driveway parking and two single garages plus stable block, coal house, workshop, store and W.C. plus a variety of mature shrubs and trees and lawned area. Tenure Freehold

Location

40-41 Park Street, Madeley, Telford, Shropshire, TF7 5LD

Investment Analysis

Investment Snapshot

Strategy Recommendation

Preferred strategy: Buy-to-Let / Resale. 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

HB initial works allowance: £8,850–£23,600. 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: £318,600–£359,900. 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 £295,000 plus midpoint works of £16,225 gives about £311,225 before acquisition/finance costs. At the midpoint HB value of £339,250, an illustrative 75% refinance is about £254,438, leaving approximately £56,788 of purchase/works capital before transaction costs.

Flip Analysis

Midpoint HB value £339,250 less guide and midpoint works gives an initial gross spread of about £28,025. 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: Buy-to-Let / Resale. 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: ★★★☆☆