# 2 bedroom flat for sale (TF9 4HX) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 2B, OLD CREAMERY, MARKET DRAYTON, PIPE GATE, SHROPSHIRE TF9 4HX | | Price | £140,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | B | | Construction age | England and Wales: 1900-1929 | | Floor area | 58 m² | | Last sold | £80,000 Oct 2018 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** C - **Expiry date:** 12/04/2036 - **Current heating cost:** £498/year - **Est. upgrade cost to C:** £13,180 ### Recommendations - A2 (£900 - £1,200) - Q (£7,500 - £11,000) - C (£20 - £40) - I (£2,200 - £3,500) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2491-1181-2066-2555-8363) ## Description Open 9am-9pm, 7 Days A Week! **A Charming Victorian First-Floor Apartment with Loft Potential in the Lovely Semi-Rural Hamlet of Pipe Gate** Set within the peaceful semi-rural surroundings of **Pipe Gate**, just a stone’s throw from the village of **Woore**, this delightful **two-bedroom Victorian first-floor apartment** offers charm, character, and far more space than you might expect at first glance. Step inside and you’ll find a **fitted breakfast kitchen**, cleverly designed with a **part-vaulted ceiling** and **Velux window** that floods the space with natural light while offering lovely **rural views** across the surrounding countryside. It’s a bright, uplifting room — the sort of place that instantly feels like the heart of the home. There’s also a cosy **sitting room**, two comfortable **bedrooms**, and a **re-fitted bathroom**, creating a simple yet practical layout ideal for first-time buyers, downsizers, or anyone seeking a peaceful escape from busier town living. One of the standout features sits just above: accessed directly from the kitchen area is an impressively **large, fully boarded loft space**, complete with **power, lighting, and another Velux window**. This versatile space could be transformed into a **spacious master bedroom with en-suite** or a **bright, airy living room** — subject to the usual planning and building regulations. It’s an exciting opportunity to add space, value, and your own personal stamp. Outside your front door, the location is a true highlight. Pipe Gate offers a wonderfully **semi-rural lifestyle**, with beautiful countryside walks on the doorstep. Nearby **Woore** provides everyday convenience with a **village shop**, plus highly regarded **public houses**, making it a welcoming and well-served community. **A characterful Victorian apartment with potential, charm and countryside appeal — perfect for those seeking a quieter pace of life while still enjoying village amenities close by.** EPC Rating: D ## Property Photos - ![Photo](/listings/photos/171835133/575905) - ![Photo](/listings/photos/171835133/575909) - ![Photo](/listings/photos/171835133/575910) - ![Photo](/listings/photos/171835133/575911) - ![Photo](/listings/photos/171835133/575912) - ![Photo](/listings/photos/171835133/575914) - ![Photo](/listings/photos/171835133/575915) - ![Photo](/listings/photos/171835133/575916) - ![Photo](/listings/photos/171835133/575918) - ![Photo](/listings/photos/171835133/575919) - ![Photo](/listings/photos/171835133/575920) - ![Photo](/listings/photos/171835133/575921) ## Floorplans - ![All](/listings/photos/171835133/575922) - All - ![First Floor](/listings/photos/171835133/575924) - First Floor - ![Second Floor](/listings/photos/171835133/575926) - Second Floor ## EPC Graphs - ![EPC 1](/listings/photos/171835133/575927) - EPC 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | OLD CREAMERY FLAT 2B, PIPE GATE, MARKET DRAYTON, SHROPSHIRE, TF9 4HX | £80,000 | 05/10/2018 | Flat | | OLD CREAMERY FLAT 2B, PIPE GATE, MARKET DRAYTON, SHROPSHIRE, TF9 4HX | £45,000 | 22/06/2001 | Flat | | OLD CREAMERY FLAT 2B, PIPE GATE, MARKET DRAYTON, SHROPSHIRE, TF9 4HX | £38,000 | 31/10/1997 | Flat | ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £120,607 (7 Flat, TF9, 2024–2026) - **Deviation:** +16.1% ## Rental Range *ONS Price Index of Private Rents (Shropshire). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £727/mo - **Realistic:** £808/mo - **Optimistic:** £889/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Shropshire (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £593/mo ## 1% Rule - **Rent ratio:** 0.58% (weak for cashflow) - **Max investor price (0.8%):** £101,000 - **Target investor price (1%):** £80,800 *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 Area rent estimate.* ## Price per Square Metre - **£/m²:** £2,414/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -22.1% ## 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)