# 2 bedroom retirement property for sale (TF9 1FA)

## Property Details

| Key | Value |
|-----|-------|
| Address | Stafford Street, Market Drayton, Shropshire, TF9 1FA |
| Price | £172,500 |
| Bedrooms | 2 |
| Council tax | TBC |

## Description

This spectacular 2 bedroom apartment in Market Drayton, Shropshire is part of the Joules Place development from the award-winning McCarthy & Stone. A private retirement apartment, Apartment 44 is located on the second floor,  is low-maintenance and contains extra safety features. See the exclusive benefits and highlights this property has to offer in the development information.

£115,000/£264 pcm (50% example share/50% rent)£172,500 (75% example share/no rent)Other shares available

SAP Rating - up to 82

## Property Photos

- ![Joules Place, Market Drayton - Communal Lounge](/listings/photos/170781509/90496) - Joules Place, Market Drayton - Communal Lounge
- ![Joules Place, Market Drayton - Living Room](/listings/photos/170781509/90497) - Joules Place, Market Drayton - Living Room
- ![Joules Place, Market Drayton - Living Room](/listings/photos/170781509/90498) - Joules Place, Market Drayton - Living Room
- ![Joules Place, Market Drayton - Kitchen](/listings/photos/170781509/90499) - Joules Place, Market Drayton - Kitchen
- ![Joules Place, Market Drayton - Kitchen](/listings/photos/170781509/90500) - Joules Place, Market Drayton - Kitchen
- ![Joules Place, Market Drayton - Bedroom](/listings/photos/170781509/90501) - Joules Place, Market Drayton - Bedroom
- ![Joules Place, Market Drayton - Bedroom](/listings/photos/170781509/90502) - Joules Place, Market Drayton - Bedroom
- ![Joules Place, Market Drayton - Walk in Wardrobe](/listings/photos/170781509/90503) - Joules Place, Market Drayton - Walk in Wardrobe
- ![Joules Place, Market Drayton - Bathroom](/listings/photos/170781509/90504) - Joules Place, Market Drayton - Bathroom
- ![Joules Place, Market Drayton - Guest Suite](/listings/photos/170781509/90505) - Joules Place, Market Drayton - Guest Suite
- ![Joules Place, Market Drayton - Patio Outside](/listings/photos/170781509/90506) - Joules Place, Market Drayton - Patio Outside
- ![Joules Place - Exterior](/listings/photos/170781509/90507) - Joules Place - Exterior
- ![Joules Place, Market Drayton - Communal Lounge](/listings/photos/170781509/90508) - Joules Place, Market Drayton - Communal Lounge
- ![Joules Place, Market Drayton - Communal Lounge](/listings/photos/170781509/90509) - Joules Place, Market Drayton - Communal Lounge
- ![Joules Place, Market Drayton - Garden](/listings/photos/170781509/90510) - Joules Place, Market Drayton - Garden

## Floorplans

- ![Floorplan](/listings/photos/170781509/90511) - Floorplan

## EPC Graphs

- ![EPC](/listings/photos/170781509/90512) - EPC

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] JOULES PLACE 18 STAFFORD STREET, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £131,250 | 01/04/2025 | Flat |
| [Same street] JOULES PLACE 15 STAFFORD STREET, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £255,000 | 20/02/2025 | Flat |
| HIGHBURY HOUSE GREAT HALES STREET, MARKET DRAYTON, SHROPSHIRE, TF9 1JW | £160,000 | 14/09/2022 | Other |
| 3 CRESSWELL GARDENS, MARKET DRAYTON, SHROPSHIRE, TF9 1JD | £120,000 | 02/08/2022 | Other |
| 15 CHESHIRE STREET, MARKET DRAYTON, SHROPSHIRE, TF9 1PD | £315,000 | 18/07/2022 | Other |
| 5 CHESHIRE STREET, MARKET DRAYTON, SHROPSHIRE, TF9 1PD | £113,000 | 08/04/2022 | Other |
| 28 HIGH STREET, MARKET DRAYTON, SHROPSHIRE, TF9 1QF | £67,000 | 18/11/2021 | Other |
| 15 SHROPSHIRE STREET, MARKET DRAYTON, SHROPSHIRE, TF9 3BZ | £50,000 | 18/11/2021 | Other |
| 28 - 29 HIGH STREET, MARKET DRAYTON, SHROPSHIRE, TF9 1QF | £182,000 | 18/11/2021 | Other |
| 4 - 5 HIGH STREET, MARKET DRAYTON, SHROPSHIRE, TF9 1PY | £172,000 | 14/09/2021 | Other |
| 32 JOULES PLACE, MARKET DRAYTON, SHROPSHIRE, TF9 1FA | £700,000 | 05/07/2021 | Other |

**Street average:** £193,125 (2 sales)
**Area average:** £208,778 (9 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £536,615 (13 Other, TF9, 2024–2026)
- **Deviation:** -67.9%

## 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:** 0.47% (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.*

## Capital growth trend

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

- **5y growth:** 43%
- **10y growth:** 91.7%

## House Price Index (HM Land Registry)

*Official index for Shropshire; All dwelling types series; as of March 2026.*

- **1y growth (index):** 0.3%
- **5y growth (index):** 19.2%
- **10y growth (index):** 43.3%

## 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)
