# 2 bedroom apartment for sale (TF2 7LJ) ## Property Details | Key | Value | |-----|-------| | Address | 67 CORDINGLEY WAY, TELFORD, DONNINGTON, WREKIN TF2 7LJ | | Price | £95,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | A | | Construction age | England and Wales: 1950-1966 | | Floor area | 72 m² | | Last sold | £85,000 Mar 2021 | ## EPC Rating & Upgrade Cost - **Current rating:** C - **Potential rating:** C - **Expiry date:** 01/02/2028 - **Current heating cost:** £342/year ### Recommendations - E (35) - O3 (1,400) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0659-2862-7122-9108-2415) ## Description This first-floor maisonette is located in Donnington, close to local amenties. Telford town centre is just a short drive away which offers a wide range of leisure facilities, railway station and good access onto the M54. The property is approached from the rear of the block, stairs rise to the first floor communal landing and an entrance door leads into the entrance hallway with storage cupboard. The lounge has a double-glazed door and window onto a balcony. The kitchen has a good range of units, gas hob and electric oven. To the first floor are two double bedrooms and a bathroom. Outside is an external store, communal garden, drying area and bin store. Lease info: Lease Term: 125 Years from 28th April 2003 Ground Rent: £10 per annum Service Charge £230 (approx) per annum All services are mains connected Electric panel/storage heaters Communal parking to rear Mobile coverage from all four major networks available* Ultrafast broadband available* *Results provided by Ofcom and correct at time of listing Anti-Money Laundering (AML) Regulations We are required by law to conduct anti-money laundering checks on all those buying a property. DB Roberts retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly. The initial checks are performed using Movebutler. The cost of these checks is £20 (incl. VAT) for the first buyer and £10 (incl. VAT) for every additional buyer. This fee covers the cost of obtaining relevant data and any manual checks or monitoring which might be required. This fee will need to be paid by you in advance, ahead of us issuing a memorandum of sale and is non-refundable. ## Property Photos - ![Picture No. 10](/listings/photos/89248245/652691) - Picture No. 10 - ![Picture No. 11](/listings/photos/89248245/652692) - Picture No. 11 - ![Picture No. 13](/listings/photos/89248245/652693) - Picture No. 13 - ![Picture No. 14](/listings/photos/89248245/652694) - Picture No. 14 - ![Picture No. 15](/listings/photos/89248245/652695) - Picture No. 15 - ![Picture No. 04](/listings/photos/89248245/652696) - Picture No. 04 - ![Picture No. 07](/listings/photos/89248245/652697) - Picture No. 07 - ![Picture No. 05](/listings/photos/89248245/652698) - Picture No. 05 - ![Picture No. 12](/listings/photos/89248245/652699) - Picture No. 12 - ![Picture No. 06](/listings/photos/89248245/652700) - Picture No. 06 - ![Picture No. 09](/listings/photos/89248245/652701) - Picture No. 09 ## Floorplans - ![Floorplan](/listings/photos/89248245/652702) - Floorplan ## EPC Graphs - ![EPC Rating Graph](/listings/photos/89248245/652703) - EPC Rating Graph ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 67 CORDINGLEY WAY, DONNINGTON, TELFORD, WREKIN, TF2 7LJ | £85,000 | 26/03/2021 | Flat | | 67 CORDINGLEY WAY, DONNINGTON, TELFORD, WREKIN, TF2 7LJ | £70,000 | 29/03/2019 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 65 OAKENGATES ROAD, DONNINGTON, TELFORD, WREKIN, TF2 7LQ | £85,000 | 10/03/2023 | Flat | **Area average:** £85,000 (1 sale) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £155,000 (1 Flat, TF2, 2024–2026) - **Deviation:** -38.7% ## Rental Range *ONS Price Index of Private Rents (Telford and Wrekin). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £768/mo - **Realistic:** £853/mo - **Optimistic:** £938/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Shropshire (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £593/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 | |------|------|------|------|------| | 2 Bed Semi-Detached House, Stratford Park, TF2 | £850/mo | 2 | 0.42 miles | OpenRent | **Average rent: £850/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.89% (okay) - **Max investor price (0.8%):** £106,250 - **Target investor price (1%):** £85,000 *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 £850/mo).* - **Gross yield:** 10.7% - **Cost-to-rent:** 9.3× - **Monthly cashflow:** £366/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 15.9% *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).* ## Price per Square Metre - **£/m²:** £1,319/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 7.3% - **10y growth:** 181.8% ## House Price Index (HM Land Registry) *Official index for Telford and Wrekin; Flats and maisonettes series; as of March 2026.* - **1y growth (index):** -2.1% - **5y growth (index):** 10.7% - **10y growth (index):** 36.1% ## 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)