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See how verdicts work2-bedroom terraced house · TF9 1HD
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a mature end-terraced house offering well-proportioned two-bedroom accommodation arranged over three floors.
The property occupies a convenient position close to the centre of Market Drayton and provides an excellent opportunity for purchasers looking for a project with scope for modernisation and improvement.
The property will be sold at a public auction on the 27th November.
Location - Market Drayton - Market Drayton is a thriving North Shropshire Town with a weekly market that dates back to 1245 when Henry III granted a charter for a weekly market.
The town has a wide range of leisure and shopping facilities, canal and marina. There are local primary & a secondary schools, swimming pool and a range of sports clubs.
The town is located between Shrewsbury & Stafford and has excellent road access to Telford, Whitchurch and the Potteries.
The main West Coast rail line linking London, Birmingham, Manchester and Scotland can be easily accessed from either Stafford or Crewe stations which are within 30 minutes of the property.
There are commuter stations located at Whitchurch, Shrewsbury, Wem & Telford / Wellington. There are 4 international airports located in Birmingham, East Midlands, Manchester & Liverpool.
These are all accessible by Taxi or car.
Brief Description - Halls are delighted to be instructed to sell 47 Longlands Lane at our public auction on Friday 27th November at 2pm at our Battlefield sale room.
47 Longlands Lane is a mature end-terraced house offering well-proportioned two-bedroom accommodation arranged over three floors.
The property occupies a convenient position close to the centre of Market Drayton and provides an excellent opportunity for purchasers looking for a project with scope for modernisation and improvement.
The accommodation briefly comprises an entrance hall leading into the lounge/diner, together with a fitted kitchen, useful utility room and ground floor bathroom.
To the first floor, there is a good-sized bedroom positioned to the front of the property with fitted wardrobes, while to the rear is a further bathroom.
A door from the first-floor landing provides access to a staircase leading to the second floor, where there is a further bedroom with a skylight window to the rear.
Whilst requiring a programme of remedial works and general modernisation, the property offers considerable potential and could make an attractive home once improved.
Its end-terraced position, useful outside space, garage and convenient location close to the town centre add further appeal.
Outside - Externally, the property has a small area of garden to the front, whilst to the rear there is a useful parking area together with a garage, store and small, covered veranda.
The property benefits from double glazing and gas-fired central heating. Directions And What 3 Words - From the centre of Market Drayton drive down Frogmore Road passing Lidl and B & M.
At the roundabout turn right into Smithfield Road and at the next roundabout turn left into Longlands Lane and the property is located on the left hand side.
What 3 Words - ///vibrating.meant.oven Bidding On Behalf Of Another Party (Third Party Bi - Where a person registers to bid on behalf of another individual or entity (the “Ultimate Purchaser”), the Auctioneers must be notified in advance of the auction.
The bidder will be required to provide a valid, signed letter of authority from the Ultimate Purchaser confirming they are authorised to bid on their behalf.
In addition, full identification and verification checks must be completed on the Ultimate Purchaser in accordance with anti-money laundering regulations prior to the auction.
The individual attending and bidding must also produce satisfactory identification on the day.
The Auctioneers reserve the right to refuse registration and/or any bid where these requirements have not been fully satisfied.
Auction Aml - Under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 ("the ML Regulations"), we are obliged to obtain proof of identity for buyers, their agents, representatives, including bidders, and ultimate beneficial owners ("relevant individuals"), before an individual is allowed to bid on an auction lot, or an offer is accepted.
PLEASE NOTE YOU WILL NOT BE ABLE TO BID UNLESS YOU SATISFY THIS OBLIGATION. For full details on what we will require on or before the day of the auction, please visit our website.
If you are the successful bidder/s of this lot, further Anti-Money Laundering checks will be carried out using a specialist third-party company, Movebutler. We thank you for your cooperation.
Local Authority - Shropshire - Shropshire Council, Shirehall, Abbey Foregate, Shrewsbury, SY2 6ND. Council Tax - Shropshire - The current Council Tax Band is 'B' on the Shropshire Council Register.
Viewing Arrangements - Strictly through the Agents: Halls, St Marys Arcade 13 - 17 High Street, Whitchurch, SY13 1AZ.
WH18 210926 Services - All - We believe that mains water, gas, electricity and drainage are available to the property. The heating is via a gas fired boiler to radiators.
Tenure - Freehold - We understand that the property is Freehold although purchasers must make their own enquiries via their solicitor.
Contract And Special Condition Of Sale - The property will be sold subject to the Special Conditions of Sale, which can be requested from Halls, the Auctioneers or the Solicitors prior to the date of the auction.
The purchasers shall be deemed to purchase with full knowledge thereof, whether he/she has read the Special Conditions of Sale or not.
Guide Price & Reserve - Guides are provided as an indication of each seller's minimum expectation.
They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a RESERVE (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Buyers Premium - In addition to the contract deposit required, buyers should note when bidding, that on the fall of the gavel, the purchaser will be responsible for paying a Buyer's Premium as noted.
This is additional to the purchase price and set at 3.5% plus VAT of the "hammer price", subject to a minimum fee of £4,000 plus VAT or if the "hammer price" is £24,999 or less there will be a fixed fee of £2,000 plus VAT.
Solicitors - Gough Thomas and Scott.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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
Agent & docs

FAQ
About Longlands Lane, Market Drayton.
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