Summary -
58 Pool Meadow,Hadley,TELFORD,TF1 5RL
TF1 5RL
2 bed 1 bath Maisonette
Affordable buy-to-let with rental potential and room to add value.
Two double bedrooms with lounge opening to balcony
New Gloworm central heating boiler recently fitted
Estimated rent about £795 pcm (buy-to-let potential)
90-year lease remaining; leasehold tenure
Service charge c. £1,140 pa; ground rent £10 pa
Located in high-crime, deprived area — consider tenant risk
Basic condition; requires cosmetic refurbishment to maximise value
No flood risk; council tax is very cheap
This two-bedroom maisonette occupies an average-sized 745 sq ft layout across a mid-century apartment block. The property includes two double bedrooms, a spacious lounge with balcony, separate kitchen, shower room and separate WC — a straightforward, lettable layout suited to buy-to-let buyers. A new Gloworm central heating boiler reduces immediate servicing costs.
Financially the flat is practical: guide price £99,950 with an estimated rental income of about £795 pcm. The long lease (90 years remaining) and low ground rent (£10) are positives, though the leasehold structure and an average service charge of £1,140pa should be factored into yield calculations. Council tax is very cheap, which helps tenant affordability.
The building and flat are basic and will reward modest investment. Exterior and communal areas show mid-20th-century wear and the apartment would benefit from cosmetic refurbishment to maximise rental value. The property sits in an area of high crime and wider deprivation — this affects tenant demand and insurability and should be considered when pricing refurb works and targeting lettings.
Transport links and proximity to several good-rated local schools are strong locational advantages, and there is no flood risk recorded. Overall this maisonette is a practical, lower-entry investment requiring some updating and careful tenant selection to achieve its rental potential.
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