5 MILL BANK
TELFORD, WELLINGTON, WREKIN TF1 1RX
Property details
Tenure
FREEHOLD
Floor area
92 m²
EPC rating
C
Year built
England and Wales: before 1900
Last sold
£80,000 Apr 2024
Price per m²
£2,391/m²
Local average
£1,997,555 (-89%)
Deprivation
Decile 2 (5,475 of 33,755)
Street crime
215 incidents within 1 mile (May 2026)
Key features
- Ideal Investment Property
- Currently Rented With a Good Rental Yield
- Large Rear Garden with Off-Street Parking
- Recently Refurbished Throughout
- Utility Room & Modern Kitchen
- Two Reception Rooms
Additional details
- Parking
- Yes
- Garden
- Yes
Description
Description - Brilliantly Renovated & Beautifully Modernised Three Bedroom Home with Generous Garden & Parking
This superbly presented three-bedroom terraced property has been thoughtfully renovated throughout, offering stylish, contemporary living. With a long enclosed rear garden and private parking to the front, this is a home that perfectly blends practicality with modern comfort.
The ground floor offers a wonderfully balanced layout, ideal for both everyday living and entertaining. A welcoming dining room flows through to a comfortable lounge, creating a versatile and sociable living space. The heart of the home is the modern integrated kitchen/breakfast room, finished in a sleek, contemporary style and complete with built-in oven, hob, extractor and dishwasher. A useful utility area and ground floor WC add further convenience, while gas central heating and double glazing ensure year-round comfort.
Upstairs, the first floor provides three well-proportioned bedrooms along with a family bathroom featuring a shower over the bath — perfectly suited for growing families, first-time buyers or those looking to downsize without compromise.
Externally, the property continues to impress. To the front, a gravelled parking area provides off-road convenience. To the rear, the long enclosed garden offers a wonderful outdoor retreat, with a wooden decking area ideal for summer dining and a lawned section perfect for children, pets, or simply relaxing in the sunshine.
Stylish, practical and ready to move into, this beautifully modernised home ticks all the boxes.
Location - Ideally positioned for easy access to the thriving market town of Wellington, which offers an excellent range of local shops, cafés and everyday amenities. The property is also conveniently located for the Princess Royal Hospital, Wellington railway station and well-regarded local schools.
Rooms -
Ground Floor -
Lounge -
Dining Room -
Kitchen/Breakfast Room -
Utility Room -
W.C. -
First Floor -
Bedroom 1 -
Bedroom 2 -
Bedroom 3 -
Bathroom -
External -
Local Authority - Telford and Wrekin.
Council Tax Band - TBC
Possession And Tenure - Freehold with vacant possession on completion.
Viewing Arrangements - Strictly by appointment with the selling agent.
Anti-Money Laundering (Aml) Checks - We are legally obligated to undertake anti-money laundering checks on all property purchasers. Whilst we are responsible for ensuring that these checks, and any ongoing monitoring, are conducted properly; the initial checks will be handled on our behalf by a specialist company, Movebutler, who will reach out to you once your offer has been accepted. The charge for these checks is £30 (including VAT) per purchaser, which covers the necessary data collection and any manual checks or monitoring that may be required. This cost must be paid in advance, directly to Movebutler, before a memorandum of sale can be issued, and is non-refundable. We thank you for your cooperation.
Listed by
Telford
Halls Holdings Ltd
Reference: 172475720
EPC Rating & Upgrade Cost
Current rating: C
Potential rating: B
Inspection date: 29/07/2025
Expiry date: 28/07/2035
Current heating cost: £868/year
Potential heating cost: £676/year
Est. upgrade cost to C: £25,750
Recommendations
- 50 mm internal or external wall insulation (£7,500 - £11,000)
- Floor insulation (suspended floor) (£5,000 - £10,000)
- Solar photovoltaic panels, 2.5 kWp (£8,000 - £10,000)
Flood risk
Zone: 1
Risk: Low
Job (default Low)
Price history
| Event | Date | Price | % change |
|---|---|---|---|
| Listed for sale | — | £220,000 | +175% |
| Sold | 03/04/2024 (2 years ago) | £80,000 | — |
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 |
|---|---|---|---|
| 24 MILL BANK, WELLINGTON, TELFORD, WREKIN, TF1 1SD | £375,000 | 10/08/2022 | Other |
| UNIT 1 MILL LANE, WELLINGTON, TELFORD, WREKIN, TF1 1PR | £100,000 | 23/06/2022 | Other |
| WAVERLEY HOUSE 1 REGENT STREET, WELLINGTON, TELFORD, WREKIN, TF1 1PB | £275,000 | 17/12/2021 | Other |
| 2A NEW CHURCH ROAD, WELLINGTON, TELFORD, WREKIN, TF1 1JH | £193,000 | 19/11/2021 | Other |
Area average: £235,750 (4 sales)
Capital growth trend
Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).
House Price Index (HM Land Registry — official index, not sold-price averages): Telford and Wrekin. Series: All dwelling types. As of April 2026.
Rental Range
Estimated market rent for Telford and Wrekin. Low = conservative, Realistic = average, Optimistic = best case.
Based on Local Authority from postcode lookup → Telford and Wrekin.
LHA (30th percentile) floor for Shropshire: £723/mo (Apr 2025 – Mar 2026)
Location
Nearby
Nearest stations, universities and amenities (distance from property).
| Type | Name | Distance |
|---|---|---|
| Bus stop | Princes Street | 0.0 miles |
| Shop | Kaz's Kutz | 0.3 miles |
| Shop | Unknown | 0.3 miles |
| Train station | Wellington | 0.4 miles |
| Hospital | Paul Brown Building | 1.0 miles |
| Hospital | Discharge Lounge | 1.0 miles |
| Train station | Lawley Village | 2.2 miles |
| University | Unknown | 3.0 miles |
| University | University Of Wolverhampton (Shropshire Campus) (Business School) | 3.7 miles |
Street-level crime
| Category | Count |
|---|---|
| Violence and sexual offences | 110 |
| Shoplifting | 29 |
| Public order | 19 |
| Other theft | 14 |
| Criminal damage and arson | 13 |
| Drugs | 13 |
| Robbery | 5 |
| Other crime | 4 |
| Possession of weapons | 3 |
| Vehicle crime | 3 |
| Burglary | 1 |
| Theft from the person | 1 |
| Total incidents | 215 |
Within 1 mile during May 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 |
|---|---|---|---|
| Short Wood Primary School | Primary | 0.2 miles | Good — 20 Apr 2015 |
| Wrekin College | Other | 0.3 miles | — (No rating) |
| Ercall Wood Academy | Secondary | 0.5 miles | Requires improvement — 12 Jan 2023 |
| Telford College | Other | 0.5 miles | — (No rating) |
| Millbrook Primary School | Primary | 0.8 miles | Good — 4 Dec 2023 |
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 Semi-Detached House, Orchard Way, TF1 | £999/mo | 3 | 0.11 miles | OpenRent |
| 3 Bed Terraced House, Regent St, TF1 | £799/mo | 3 | 0.13 miles | OpenRent |
Average rent: £899/mo (2 listings)
Rent-driven metrics
Based on OpenRent comparables.
- 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).