# 1 bedroom apartment for sale (TF9 1FA) ## Property Details | Key | Value | |-----|-------| | Address | 31 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE TF9 1FA | | Price | £190,000 | | Bedrooms | 1 | | Bathrooms | 1 | | Council tax | B | | Floor area | 54 m² | | Last sold | £207,950 Apr 2023 | ## EPC Rating & Upgrade Cost - **Current rating:** B - **Potential rating:** B - **Expiry date:** 02/03/2033 - **Current heating cost:** £31/year [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0871-3024-0307-5547-5200) ## Description A luxury ONE BEDROOM retirement apartment. Situated on the FIRST FLOOR of our prestigious JOULES PLACE development in MARKET DRAYTON. Having lifts to all floors. The accommodation briefly comprises of a welcoming entrance hallway, a spacious living room/diner with JULIETTE BALCONY, modern fitted kitchen, a double bedrooms and a SHOWER ROOM. Having the added benefit of having its own ALLOCATED PARKING SPACE **Joules Place** - Situated on Stafford Street in the historic town of Market Drayton, Joules Place is a superb Retirement Living development for the over 60's, offering 35 one bedroom and 18 two bedroom beautiful retirement apartments available for sale. These private retirement homes share attractive communal facilities and an amazing location close to the banks of the River Tern on the pretty Shropshire Union Canal, between Shrewsbury and Stafford. With easy walking access to the town centre, this Retirement Living development offers a multitude of amenities, entertainment and attractions right on the doorstep. Easy independent living for the over 60s All our retirement property for sale and Shared Ownership in Market Drayton is cleverly designed with smart yet stylish features, like easy turn taps, to make life easier now and in the future. Low maintenance, warm and elegant, with the latest security and safety features built in, most of our homeowners enjoy cheaper bills too. Many of these retirement apartments have either private patios or balconies. All offer access to attractive communal spaces including the fabulous lounge with Wi-Fi and a state-of-the-art audio and video system plus a gorgeous garden area with seating. You’re looked after by the friendly on-site manager and these shared spaces are filled with (entirely optional) events, parties and clubs. What’s more, you can book the hotel-style guest suite to effortlessly host visitors in style—you can also holiday in our network of guest suites! Parking is available and well-behaved pets are welcome too. **Moving Made Easy** - Moving is a huge step, but don’t let that hold you back. We have a range of services to help your move go smoothly, including: • FREE Entitlements Advice to help you find out what benefits you may be entitled to. • Part Exchange service to help you move without the hassle of having to sell your own home. • Removal Services that can help you declutter and move you in to your new home. • Conveyancing specialists who are experienced with sales and purchases of McCarthy Stone retirement properties. For more information speak with our Property Consultant today. **Entrance Hall** - The front door with spy hole leads to the large entrance hall, from where the 24-hour emergency response and remote door entry system is accessible. Illuminated light switches, electric heater, smoke detector, and ceiling spotlights are included. From the hallway, doors lead to the living room, bedroom, shower room and a good-sized storage/utility cupboard with a washer/dryer. **Living Room/Diner** - The living room has ample space for lounge furniture and a dining table. Double glazed French doors open on to a Juliette balcony. It has TV and telephone points, Sky/Sky+ connection point, two ceiling light fittings, fitted carpets. **Kitchen** - Located off the living room the kitchen is fitted with a wide range of pale grey base and wall units. Integrated oven, four ringed induction hob with extractor hood. A composite grey sink unit. A good range of power socket **Bedroom One** - The spacious bedroom comes with a double-glazed window. TV and telephone points, fitted carpets and raised electric power points. A separate door opens into a walk-in wardrobe fitted with hanging rails and shelving. **Shower Room** - The shower room has a fully fitted suite comprising a walk-in shower with screen and support rails, low level WC, vanity unit with wash basin and cupboards beneath, and an illuminated mirror above. It also has contemporary half- height tiling to the walls with matching floor tiles, wall mounted chrome towel radiator, ventilation system, shaving point and down lighting. **Additional Information & Services** - • Broadband available • Mains water and electricity • Electric room heating • Mains drainage **Lease Information** - Lease: 999 years from 1st Jan 2022 Ground rent £425 per annum Ground rent review: 1st Jan 2037 **Service Charge Details** - Building and systems maintenance Contract cleaning of communal areas House Manager Upkeep of gardens and grounds Water rates to communal areas and apartments. Electricity, heating, lighting and power to communal areas Comprehensive insurance of the building and contents of communal areas 24hr emergency monitoring service Contingency fund The service charge does not cover external costs such as your Council Tax, electricity or TV. To find out more about service charges please contact your Property Consultant or House Manager. The annual service charge is £3,557.70 for the financial year ending 28 Feb 2027 **Parking** - This apartment, comes with its own allocated parking space. ## Property Photos - ![8660042-exterior07-800.jpg](/listings/photos/166013648/82327) - 8660042-exterior07-800.jpg - ![8660042-interior01-800.jpg](/listings/photos/166013648/82328) - 8660042-interior01-800.jpg - ![8660042-interior06-800.jpg](/listings/photos/166013648/82329) - 8660042-interior06-800.jpg - ![8660042-interior04-800.jpg](/listings/photos/166013648/82330) - 8660042-interior04-800.jpg - ![8660042-interior05-800.jpg](/listings/photos/166013648/82331) - 8660042-interior05-800.jpg - ![8660042-interior08-800.jpg](/listings/photos/166013648/82332) - 8660042-interior08-800.jpg - ![8660042-interior07-800.jpg](/listings/photos/166013648/82333) - 8660042-interior07-800.jpg - ![8660042-interior03-800.jpg](/listings/photos/166013648/82334) - 8660042-interior03-800.jpg - ![8660042-interior02-800.jpg](/listings/photos/166013648/82335) - 8660042-interior02-800.jpg - ![8660042-interior13-800.jpg](/listings/photos/166013648/82336) - 8660042-interior13-800.jpg - ![8660042-interior14-800.jpg](/listings/photos/166013648/82337) - 8660042-interior14-800.jpg - ![8660042-interior11-800.jpg](/listings/photos/166013648/82338) - 8660042-interior11-800.jpg - ![8660042-interior12-800.jpg](/listings/photos/166013648/82339) - 8660042-interior12-800.jpg - ![8660042-interior10-800.jpg](/listings/photos/166013648/82340) - 8660042-interior10-800.jpg - ![8660042-interior09-800.jpg](/listings/photos/166013648/82341) - 8660042-interior09-800.jpg - ![8660042-interior15-800.jpg](/listings/photos/166013648/82342) - 8660042-interior15-800.jpg - ![8660042-interior16-800.jpg](/listings/photos/166013648/82343) - 8660042-interior16-800.jpg - ![8660042-exterior01-800.jpg](/listings/photos/166013648/82344) - 8660042-exterior01-800.jpg - ![8660042-exterior02-800.jpg](/listings/photos/166013648/82345) - 8660042-exterior02-800.jpg - ![8660042-exterior03-800.jpg](/listings/photos/166013648/82346) - 8660042-exterior03-800.jpg - ![8660042-exterior04-800.jpg](/listings/photos/166013648/82347) - 8660042-exterior04-800.jpg - ![8660042-exterior05-800.jpg](/listings/photos/166013648/82348) - 8660042-exterior05-800.jpg - ![8660042-exterior06-800.jpg](/listings/photos/166013648/82349) - 8660042-exterior06-800.jpg - ![8660042-exterior08-800.jpg](/listings/photos/166013648/82350) - 8660042-exterior08-800.jpg - ![8660042-exterior09-800.jpg](/listings/photos/166013648/82351) - 8660042-exterior09-800.jpg - ![8660042-interior18-800.jpg](/listings/photos/166013648/82352) - 8660042-interior18-800.jpg - ![8660042-interior19-800.jpg](/listings/photos/166013648/82353) - 8660042-interior19-800.jpg - ![8660042-interior20-800.jpg](/listings/photos/166013648/82354) - 8660042-interior20-800.jpg - ![8660042-interior21-800.jpg](/listings/photos/166013648/82355) - 8660042-interior21-800.jpg - ![8660042-interior22-800.jpg](/listings/photos/166013648/82356) - 8660042-interior22-800.jpg ## Floorplans - ![fp.jpg](/listings/photos/166013648/82357) - fp.jpg ## EPC Graphs - ![EE Rating](/listings/photos/166013648/82358) - EE Rating ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 31 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £207,950 | 05/04/2023 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 8 STAFFORD STREET, MARKET DRAYTON, SHROPSHIRE, TF9 1HY | £85,000 | 28/11/2025 | Flat | | JOULES PLACE 18 STAFFORD STREET, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £131,250 | 01/04/2025 | Flat | | 12 - 14 QUEEN STREET, MARKET DRAYTON, SHROPSHIRE, TF9 1PX | £75,000 | 12/03/2025 | Flat | | JOULES PLACE 15 STAFFORD STREET, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £255,000 | 20/02/2025 | Flat | | [Same street] 12 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £169,200 | 29/11/2023 | Flat | | [Same street] 34 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £257,700 | 29/11/2023 | Flat | | [Same street] 49 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £187,200 | 29/11/2023 | Flat | | [Same street] 30 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £172,973 | 25/07/2023 | Flat | | [Same street] 1 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £139,534 | 25/07/2023 | Flat | | [Same street] 32 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £146,803 | 25/07/2023 | Flat | | [Same street] 33 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £172,973 | 25/07/2023 | Flat | | [Same street] 28 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £134,082 | 25/07/2023 | Flat | | [Same street] 35 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £154,799 | 25/07/2023 | Flat | | [Same street] 7 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £151,165 | 25/07/2023 | Flat | | [Same street] 8 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £205,684 | 25/07/2023 | Flat | | [Same street] 24 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £146,803 | 25/07/2023 | Flat | | [Same street] 49 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £157,131 | 17/07/2023 | Flat | | [Same street] 12 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £143,048 | 17/07/2023 | Flat | | [Same street] 34 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £217,859 | 17/07/2023 | Flat | | 46 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £181,950 | 31/03/2023 | Flat | | 2 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £184,950 | 22/03/2023 | Flat | | 10 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £267,950 | 21/03/2023 | Flat | | 16 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £289,950 | 20/03/2023 | Flat | | 13 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £209,950 | 20/03/2023 | Flat | | 53 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £217,950 | 20/03/2023 | Flat | | 39 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £180,000 | 26/01/2023 | Flat | | 25 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £270,000 | 26/01/2023 | Flat | | 19 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £180,000 | 26/01/2023 | Flat | | 40 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £180,000 | 26/01/2023 | Flat | | 26 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £270,000 | 26/01/2023 | Flat | | 20 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £180,000 | 26/01/2023 | Flat | | 42 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £215,000 | 26/01/2023 | Flat | | 29 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £250,000 | 26/01/2023 | Flat | | 21 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £180,000 | 26/01/2023 | Flat | | 3 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £190,000 | 26/01/2023 | Flat | **Street average:** £170,464 (15 sales) **Area average:** £199,698 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £120,607 (7 Flat, TF9, 2024–2026) - **Deviation:** +57.5% ## Rental Range *ONS Price Index of Private Rents (Shropshire). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £732/mo - **Realistic:** £813/mo - **Optimistic:** £894/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Shropshire (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £474/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 1 Bed Terraced House, Cross Street, TF9 | £695/mo | 1 | 0.07 miles | OpenRent | | 1 Bed Flat, Shropshire Street, TF9 | £525/mo | 1 | 0.14 miles | OpenRent | **Average rent: £610/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.32% (weak for cashflow) - **Max investor price (0.8%):** £76,250 - **Target investor price (1%):** £61,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £610/mo).* - **Gross yield:** 3.9% - **Cost-to-rent:** 26× - **Monthly cashflow:** £-224/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -4.9% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Price per Square Metre - **£/m²:** £3,519/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **10y growth:** -13.8% ## House Price Index (HM Land Registry) *Official index for Shropshire; Flats and maisonettes series; as of March 2026.* - **1y growth (index):** -4.4% - **5y growth (index):** 6.6% - **10y growth (index):** 25.9% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)