# 3 bedroom chalet for sale (WV16 6NU) ## Property Details | Key | Value | |-----|-------| | Address | 26, TOP FIELD, SEVERNSIDE, BRIDGNORTH, HIGHLEY, SHROPSHIRE WV16 6NU | | Price | £140,000 | | Bedrooms | 3 | | Bathrooms | 1 | | Council tax | A | | Last sold | £150,000 Mar 2026 | ## Description Guide Price = £130,000 - £140,000 Property for auction on 22nd October at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT Property Description: A Freehold vacant detached 3 bedroom chalet situated in an attractive rural location set back behind a lawned foregarden, decking area and gravelled driveway providing off road parking for numerous vehicles, the property is located within a community of similar properties. The property benefits from having UPVC double glazed windows and doors, electric heating and is offered for sale in a presentable condition throughout. The property has no occupancy restrictions so may be suitable for a family residence or buy to let (Air bandb). Highley is situated within 7 miles from the market town of Bridgenorth and the property is within walking distance to Highley Train Station located on the Severn Valley Railway. Accommodation: Lounge Area (4.13m x 4.64m) with double glazed patio door providing access to decking area, Kitchen Area (2.85m x 1.81m), Bedroom 1 (3.60m x 1.72m), Bedroom 2 (3.06 x 2.29m), Bedroom 3 (2.67m x 1.67m), Bathroom (1.79m x 1.68m) having panel bath with shower over, wash basin and wc. **Outside:** **Front:** Lawned foregarden, decking area and gravelled driveway providing parking **Rear:** Garden area, store x 2 (currently housing washing machine, tumble dryer and freezer). **Council Tax Band** A EPC Rating - E **Legal Documents:** Available at **Viewings:** Via Cottons - **Directions:** Enter Highley Train Station car park off Station Road and carry on, pass the Signal House on the left, then pass the green oil drums on the left, pass the no entry sign and carry on up the right-hand side path signposted "private road no access" until the property is visible. ## Property Photos - ![Photo](/listings/photos/167989490/1161070) - ![Photo](/listings/photos/167989490/1161071) - ![This plan is for identification purposes only....](/listings/photos/167989490/1161072) - This plan is for identification purposes only.... - ![Photo](/listings/photos/167989490/1161073) - ![Photo](/listings/photos/167989490/1161074) - ![Photo](/listings/photos/167989490/1161075) - ![Photo](/listings/photos/167989490/1161076) - ![Photo](/listings/photos/167989490/1161077) - ![Photo](/listings/photos/167989490/1161078) - ![Photo](/listings/photos/167989490/1161079) - ![Photo](/listings/photos/167989490/1161080) - ![Photo](/listings/photos/167989490/1161081) - ![Photo](/listings/photos/167989490/1161082) - ![Photo](/listings/photos/167989490/1161083) - ![Photo](/listings/photos/167989490/1161084) - ![Photo](/listings/photos/167989490/1161085) - ![Photo](/listings/photos/167989490/1161086) - ![Photo](/listings/photos/167989490/1161087) - ![Photo](/listings/photos/167989490/1161088) - ![Photo](/listings/photos/167989490/1161089) - ![Photo](/listings/photos/167989490/1161090) - ![Photo](/listings/photos/167989490/1161091) - ![Photo](/listings/photos/167989490/1161092) - ![Photo](/listings/photos/167989490/1161093) - ![Photo](/listings/photos/167989490/1161094) - ![Photo](/listings/photos/167989490/1161095) - ![Photo](/listings/photos/167989490/1161096) - ![Photo](/listings/photos/167989490/1161097) - ![Photo](/listings/photos/167989490/1161098) - ![Photo](/listings/photos/167989490/1161099) - ![Photo](/listings/photos/167989490/1161100) - ![Photo](/listings/photos/167989490/1161101) - ![Access to Site](/listings/photos/167989490/1161102) - Access to Site - ![Access to Site](/listings/photos/167989490/1161103) - Access to Site - ![Access to Site](/listings/photos/167989490/1161104) - Access to Site - ![Access to Site](/listings/photos/167989490/1161105) - Access to Site - ![Access to Site](/listings/photos/167989490/1161106) - Access to Site ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | TOP FIELD 26 SEVERNSIDE, HIGHLEY, BRIDGNORTH, SHROPSHIRE, WV16 6NU | £150,000 | 02/03/2026 | Detached | | TOP FIELD 26 SEVERNSIDE, HIGHLEY, BRIDGNORTH, SHROPSHIRE, WV16 6NU | £70,000 | 01/08/2022 | Detached | ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £287,500 (2 Other, WV16, 2024–2026) - **Deviation:** -51.3% ## 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):** £723/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 | |------|------|------|------|------| | 3 Bed Terraced House, Coronation Street, WV16 | £925/mo | 3 | 0.5 miles | OpenRent | **Average rent: £925/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.66% (weak for cashflow) - **Max investor price (0.8%):** £115,625 - **Target investor price (1%):** £92,500 *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 £925/mo).* - **Gross yield:** 7.9% - **Cost-to-rent:** 12.6× - **Monthly cashflow:** £256/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 7.6% *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).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -22.3% - **10y growth:** 3.9% ## House Price Index (HM Land Registry) *Official index for Shropshire; All dwelling types series; as of April 2026.* - **1y growth (index):** 2.5% - **5y growth (index):** 21.3% - **10y growth (index):** 47.7% ## 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)