For sale Flat

Smithfield Road

Market Drayton, TF9, TF9 1EJ

1 beds 1 baths Listed 6 Apr 2026 (-76d)

£65,000

Offers Over

Reduced on 19 May 2026 · Was £70,000

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Property details

Tenure

LEASEHOLD

Last sold

£89,500

Local average

£120,607 (-46.1%)

Deprivation

Decile 3 (7,389 of 33,755)

Street crime

54 incidents within 1 mile (Apr 2026)

Key features

  • Buy-to-Let Opportunity
  • Long Term Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • 1 Bedroom
  • Spacious Lounge
  • Driveway
  • Good Condition
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Additional details

Parking
Yes

Description

This is a 1 bedroom flat in Market Drayton. With valuable amenities in close proximity, rewarding rental returns and a tenant currently situated, this is a fantastic opportunity for investors looking to expand their portfolio!

The well-kept home features 1 bedroom, three-piece bathroom, spacious lounge, kitchen and driveway.

Investment Details

It currently produces an annual gross income of £7,440 which could be increased by the new owner to a market rate of £8,400 with tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property and consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

Listed by

Glasgow

Let Property Sales

Reference: 174118745

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address Current Potential Floor area Age band Type
1 The Brampton, Smithfield Road, MARKET DRAYTON 72 80 41 m² England and Wales: 2003-2006 Flat
1 The Brampton, Smithfield Road, MARKET DRAYTON 74 78 42 m² England and Wales: 1996-2002 Flat
10 The Brampton, Smithfield Road, MARKET DRAYTON 78 82 43 m² England and Wales: 2003-2006 Flat
10 The Old Coach House, Smithfield Road, MARKET DRAYTON 52 91 42 m² England and Wales: 1900-1929 Detached
11 THE BRAMPTON, SMITHFIELD ROAD, MARKET DRAYTON 73 77 44 m² England and Wales: 2003-2006 Flat
14 The Brampton, Smithfield Road, MARKET DRAYTON 75 78 43 m² England and Wales: 1996-2002 Flat
14 The Brampton, Smithfield Road, MARKET DRAYTON 71 74 43 m² England and Wales: 2003-2006 Flat
15 THE BRAMPTON, SMITHFIELD ROAD, MARKET DRAYTON 71 77 40 m² England and Wales: 1996-2002 Flat
23, Smithfield Road, MARKET DRAYTON 40 87 92 m² England and Wales: 1930-1949 Detached
27 Smithfield Road, MARKET DRAYTON 75 80 97 m² England and Wales: 1930-1949 Detached
27 SMITHFIELD ROAD, MARKET DRAYTON, MARKET DRAYTON 54 81 90 m² England and Wales: 1930-1949 Detached
3 The Brampton, Smithfield Road, MARKET DRAYTON 78 81 43 m² England and Wales: 2003-2006 Flat
31, Smithfield Road, MARKET DRAYTON 53 80 95 m² England and Wales: 1900-1929 Detached
33, Smithfield Road, MARKET DRAYTON 48 76 94 m² England and Wales: 1900-1929 Detached
33, Smithfield Road, MARKET DRAYTON 37 84 97 m² England and Wales: 1900-1929 Detached

Flood risk

Zone: 1

Risk: Low

Job (default Low)

EPC Graphs

EPC

EPC

Price history

Event Date Price % change
Listed for sale £65,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
Same street 74 SMITHFIELD ROAD, MARKET DRAYTON, SHROPSHIRE, TF9 1EJ £385,000 19/08/2025 Detached
Same street THE BRAMPTON 8 SMITHFIELD ROAD, MARKET DRAYTON, SHROPSHIRE, TF9 1EJ £90,000 14/07/2023 Flat
Same street 27 SMITHFIELD ROAD, MARKET DRAYTON, SHROPSHIRE, TF9 1EJ £195,000 04/10/2022 Semi-detached
Same street 47 SMITHFIELD ROAD, MARKET DRAYTON, SHROPSHIRE, TF9 1EJ £445,000 15/07/2022 Detached
Same street THE OLD COACH HOUSE SMITHFIELD ROAD, MARKET DRAYTON, SHROPSHIRE, TF9 1EJ £286,000 30/09/2021 Semi-detached
Same street THE BRAMPTON 15 SMITHFIELD ROAD, MARKET DRAYTON, SHROPSHIRE, TF9 1EJ £70,000 21/07/2021 Flat
Same street 33 SMITHFIELD ROAD, MARKET DRAYTON, SHROPSHIRE, TF9 1EJ £278,000 30/06/2021 Semi-detached

Street average: £249,857 (7 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

10y growth -13.8%

House Price Index (HM Land Registry — official index, not sold-price averages): Shropshire. Series: Flats and maisonettes. As of March 2026.

1y (index) -4.4%
5y (index) 6.6%
10y (index) 25.9%

Rental Range

Estimated market rent for Shropshire. Low = conservative, Realistic = average, Optimistic = best case.

Low £727/mo
Realistic £808/mo
Optimistic £889/mo

Based on Local Authority from postcode lookup → Shropshire.

LHA (30th percentile) floor for Shropshire: £474/mo (Apr 2025 – Mar 2026)

Location

Address

Campbell Road

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop B&M Home Store with Garden Centre 0.1 miles
Shop Lidl 0.1 miles
Bus stop Unknown 0.2 miles
Train station Prees 8.6 miles
Train station Whitchurch 8.9 miles
University Harper Adams University 9.2 miles
Hospital Whitchurch Community Hospital 9.3 miles
University Keele University 10.9 miles

Street-level crime

Category Count
Violence and sexual offences 29
Shoplifting 6
Criminal damage and arson 5
Public order 5
Other theft 4
Burglary 2
Other crime 1
Possession of weapons 1
Robbery 1
Total incidents 54

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Longlands Primary School Primary 0.2 miles Good — 20 Sep 2023
The Grove School Secondary 0.3 miles Requires improvement — 5 Jul 2024
Market Drayton Infant & Nursery School Primary 0.5 miles Good — 28 Nov 2013
Market Drayton Junior School Primary 0.7 miles Good — 30 Nov 2017
Buntingsdale Primary School and Nursery Primary 2.3 miles Good — 6 Feb 2015

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 0.29 miles OpenRent
1 Bed Flat, Shropshire Street, TF9 £525/mo 1 0.34 miles OpenRent

Average rent: £610/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.94%
Max investor price (0.8%) £76,250
Target investor price (1%) £61,000
Gross yield 11.3%
Cost-to-rent ratio 8.9×
Monthly cashflow £268/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 17.1%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus 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).

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