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Watling Street, Wellington, Telford, Shropshire, TF1

West Midlands

£330,000
Listed on 19/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
2319 sqft

Description

This property, dating back to the late 1800s, presents a generous layout with original features that could be transformed through significant modernization. It offers an opportunity for buyers looking to enhance their investment through renovations or possible redevelopment, contingent on any necessary planning permissions. The interior includes a welcoming reception hall, two spacious reception rooms with bay windows, a utility room, and a kitchen equipped with basic amenities. Upstairs are four ample bedrooms and a family bathroom, all offering considerable scope for improvement. The rear of the property includes valuable outbuildings such as a large garage and workshop, which could be converted into living spaces or utilized for business purposes. Additionally, there is a sizeable front garden that holds further potential for landscaping or development options. Notably, the site has existing planning consent for conversion into a 12-bedroom house of multiple occupation. Located in the West Midlands near Wellington town centre and with good transport links via the M54 motorway, this property stands out as a compelling renovation project.

Investment Analysis

(TF1 area)

Below Market Value

This property is priced -41.2% below area average per sq ft

-41.2%
Potential saving
This Property
£142/sq ft
Area Average
£242/sq ft
Avg Rent (weekly)
£240
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£617,190
10% above area average per sq ft
Potential ROI
+43.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (TF1)

Area prices are falling by -2.4% over the last 12 months
3 year growth: -4.2%
5 year growth: +12.4%
Investment Disclaimer: Analysis based on TF1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Watling Street, Wellington, Telford, Shropshire, TF1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,190
Based on a loan of £247,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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