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2 bed flat for sale Queen Street, Madeley, TF7

Asking price

£85,000

Added on 25/09/2026

Type: Flat
Bedrooms: 2
Bathrooms: 1
Tenure: Leasehold; 84 years left(from the agent's description)

Council tax Band A £1,504 a year

* From the agent's description. Check it with them before you rely on it.

Key features

Two Bedrooms
Purpose built flat
Kitchen
Bathroom
With sitting tenant
Paying £600 PCM
9.6% gross yield
84 lease years remaining
Close to the local school, play area and ammenities.

About this property

This two-bedroom flat in Madeley, Telford is offered for sale and is particularly suited to investors, benefiting from a sitting tenant currently paying £600 pcm. The property is in good condition and provides well-planned accommodation with one reception room, a separate kitchen and a bathroom, all supported by an EPC rating of C and a Council Tax Band A.

Floorplan

Council tax

Band A £1,504 a year

Per year

Band A

This home: £1,504
Band B

£1,755
Band C

£2,006
Band D

£2,256
Band E

£2,758
Band F

£3,259
Band G

£3,760
Band H

£4,513

This home is in band A, which costs £1,504 a year in Telford and Wrekin for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Telford and Wrekin, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Location

Queen Street, Madeley, TF7

Open map Street View

Mortgage and stamp duty

Property price £85,000

£43k £128k

Deposit11% £9,000

£0 £85k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £76,000 mortgage. Most lenders would want a household income of about £17,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
4, Queen Street Terraced	Terraced	Apr 2018	818 sq ft £200/sq ft	818 sq ft	£200	£164,000
7, Queen Street Detached	Detached	Feb 2018	1,141 sq ft £184/sq ft	1,141 sq ft	£184	£210,000
7, Queen Street Detached	Detached	Nov 2014	1,141 sq ft £152/sq ft	1,141 sq ft	£152	£173,000
2, Queen Street Terraced	Terraced	Nov 2014	818 sq ft £164/sq ft	818 sq ft	£164	£134,000
22, Queen Street Semi-detached	Semi-detached	Sept 2014	1,087 sq ft £80/sq ft	1,087 sq ft	£80	£87,000
1, Queen Street Terraced	Terraced	Dec 2013	807 sq ft £158/sq ft	807 sq ft	£158	£127,950
38, Queen Street Flat / maisonette	Flat / maisonette	Sept 2013	614 sq ft £72/sq ft	614 sq ft	£72	£44,000
4, Queen Street Terraced · new build	Terraced · new build	Aug 2013	818 sq ft £159/sq ft	818 sq ft	£159	£130,000