3-bedroom terraced house · TF4 3NX
Under offerListed 178 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on sought-after Furnace Avenue within The Croppings development in the picturesque village of Lightmoor, this well-presented three-bedroom end of terrace home is offered for sale on a Shared Ownership basis (25% share) with no upward chain , making it an excellent opportunity for first-time buyers and growing families alike.
The property welcomes you into a spacious open plan ground floor, thoughtfully designed for modern living.
The contemporary kitchen area features stylish cabinetry and flows seamlessly into the bright living space, where double doors open onto the rear garden, creating the perfect setting for both relaxing and entertaining.
The ground floor also benefits from a convenient WC and useful understairs storage cupboard.
Upstairs, the property offers three well-proportioned bedrooms, comprising two generous doubles and a good-sized single room, ideal as a child’s bedroom, nursery or home office.
A family bathroom completes the first floor, fitted with a bath and over-bath mixer shower. Externally, the private rear garden enjoys a lawn and seating area, providing a pleasant outdoor retreat.
To the front of the property are two allocated parking spaces.
Ideally positioned close to a protected nature reserve, the home also enjoys easy access to local amenities, shops, schools and transport links.
Residents of The Croppings can enjoy the perfect balance of peaceful village surroundings and everyday convenience, with the historic Ironbridge World Heritage town located approximately three miles to the south.
Offering space, comfort and an exciting route onto the property ladder, this fantastic home is available to purchase with a 25% share for just £66,250.
Marketing Information Full market value: £250,000 Share: 25% Share value: £62,500 Rent: £451.17 Service charge: £25.54 Leasehold / EPC Rating B / Council Tax Band C Lease Start Date 11/01/2024 Lease End Date 12/01/3014 Lease Term 990 years from 12 January 2024 Lease Term Remaining 988 years AML Regulations: We are required by law to conduct anti-money laundering checks on all those buying a property, to comply with HMRC legislation and prevent criminal activity.
These legally mandated checks are carried out by our partner Lifetime Legal, for which there is a nominal charge of £60 (including VAT), which you pay directly to them and covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance, ahead of us issuing a memorandum of sale, directly to Lifetime Legal, and is non-refundable. EPC rating: B.
Tenure: Leasehold, Open plan Kitchen & Living areas 8.74m x 4.82m (28'8" x 15'10") Combined measurements WC 1.92m x 1.01m (6'4" x 3'4") Landing 3.04m x 1.11m (10'0" x 3'8") Bedroom One 4.79m x 2.83m (15'9" x 9'3") Bedroom Two 3.64m x 2.41m (11'11" x 7'11") Bedroom Three 2.6m x 2.27m (8'6" x 7'5") Bathroom 2.58m x 2.01m (8'6" x 6'7")
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Furnace Avenue, Lightmoor Village, Telford, TF4
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