For sale Flat

8 CHARLECOTE PARK

TELFORD, TELFORD, WREKIN TF3 5HB

2 beds 1 baths 581 sq ft Listed 17 Feb 2026 (-245d)

£75,000

Offers Over

Reduced on 18 Sep 2026

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Property details

Tenure

LEASEHOLD

Floor area

54 m²

EPC rating

C

Year built

England and Wales: 1996-2002

Last sold

£68,950 Mar 2004

Price per m²

£1,389/m²

Local average

£84,857 (-11.6%)

Street crime

142 incidents within 1 mile (Aug 2026)

Key features

  • Street Parking
  • Spacious Rooms
  • Buy-to-Let Opportunity
  • Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Additional details

Parking
Yes

Description

Our latest listing is a 2-bedroom flat located in Telford. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 2 bedrooms, lounge, bathroom and kitchen and street parking.

Investment details

It currently produces an annual gross income of £9,000 with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, 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 for several years and have 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.

We are 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: 87631527

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 30/05/2026

Expiry date: 29/05/2036

Current heating cost: £774/year

Potential heating cost: £632/year

Est. upgrade cost to C: £1,830

Recommendations

  • Add additional 80 mm jacket to hot water cylinder (£20 - £40)
  • High heat retention storage heaters (£1,200 - £2,400)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Building plot (shared): ~389 m² (0.10 acres) (area is for the building, not the flat)

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

Floor Plan

Floor Plan

EPC Graphs

EPC

EPC

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #9532812

Property Details

Street: 8 Charlecote Park

Town: TELFORD

Postcode: TF3 5HB

Installation Details

Items: 3 windows

Certificate Issued: 06/05/2013

Work Completed: 17/04/2013

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

115% since 2002

Event Date Price % change
Listed for sale — £75,000 +8.8%
Sold 26/03/2004 (22 years ago) £68,950 +27.7%
Sold 04/07/2003 (23 years ago) £53,995 +68.7%
Sold 25/01/2002 (24 years ago) £32,000 —

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 15 CHARLECOTE PARK, NEWDALE, TELFORD, WREKIN, TF3 5HB £105,000 08/06/2023 Terraced
12 MARLBOROUGH WAY, TELFORD, WREKIN, TF3 5HA £67,500 23/03/2023 Flat
124 CHARLECOTE PARK, NEWDALE, TELFORD, WREKIN, TF3 5HD £62,500 03/03/2022 Flat
Same street 14 CHARLECOTE PARK, NEWDALE, TELFORD, WREKIN, TF3 5HB £105,500 02/11/2021 Terraced

Street average: £105,250 (2 sales)

Area average: £65,000 (2 sales)

Capital growth trend

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

5y growth 29%
10y growth 78.1%

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

1y (index) -0.2%
5y (index) 9%
10y (index) 36.5%

Rental Range

Estimated market rent for Telford and Wrekin. Low = conservative, Realistic = average, Optimistic = best case.

Low £775/mo
Realistic £861/mo
Optimistic £947/mo

Based on Local Authority from postcode lookup → Telford and Wrekin.

LHA (30th percentile) floor for Shropshire: £593/mo (Apr 2025 – Mar 2026)

Location

Nearby

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

Type Name Distance
Bus stop Rockall Way 0.5 miles
Bus stop Woodrush Heath 0.5 miles
Shop Bargain Booze 0.6 miles
Shop Ketley News And Booze 0.6 miles
Train station Lawley Village 0.9 miles
Train station Oakengates 1.3 miles
University Unknown 1.4 miles
University University Of Wolverhampton (Shropshire Campus) (Business School) 2.1 miles
Hospital Shrewsbury & Telford Hospital NHS Trust Sterile Services Department (SSD) 2.3 miles
Hospital Bickerstaff Endoscopy Unit 2.4 miles

Street-level crime

Category Count
Violence and sexual offences 54
Anti-social behaviour 22
Shoplifting 21
Public order 14
Criminal damage and arson 12
Burglary 5
Other crime 4
Other theft 4
Robbery 3
Drugs 2
Vehicle crime 1
Total incidents 142

Within 1 mile during Aug 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
Newdale Primary School & Nursery Primary 0.1 miles Outstanding — 5 Jul 2017
The Linden Centre Other 0.2 miles Good — 13 Sep 2023
Meadows Primary School and Nursery Primary 0.5 miles Good — 18 Apr 2016
Lawley Primary School Primary 0.6 miles Good — 10 Oct 2023
Lawley Village Academy Primary 0.7 miles Good — 19 Jun 2018

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
2 Bed Semi-Detached House, Brookes Avenue, TF3 £925/mo 2 0.29 miles OpenRent
2 Bed End Terrace, Booth Crescent, TF3 £875/mo 2 0.38 miles OpenRent
2 Bed Semi-Detached House, Lloyd Close, TF3 £1,250/mo 2 0.39 miles OpenRent
2 Bed Semi-Detached House, Lloyd Close, TF3 £950/mo 2 0.4 miles OpenRent
2 Bed Semi-Detached House, Pantulf Close, TF3 £970/mo 2 0.45 miles OpenRent
2 Bed Terraced House, Barrack Close, TF3 £2,990/mo 2 0.57 miles OpenRent

Average rent: £1,327/mo (6 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.28%
Max investor price (0.8%) £120,000
Target investor price (1%) £96,000
Gross yield 15.4%
Cost-to-rent ratio 6.5×
Monthly cashflow £544/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 30%
  • 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).