For sale House

5 MILL BANK

TELFORD, WELLINGTON, WREKIN TF1 1RX

3 beds 1 baths 990 sq ft Listed 21 Feb 2026 (-149d)

£220,000

Offers in Region of

Reduced on 14 Jul 2026

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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

Beautifully renovated three-bedroom terraced home offering of stylish, move-in ready accommodation. Featuring a sleek integrated kitchen, two reception rooms, ground floor WC, generous enclosed rear garden with decking, and private parking to the front — perfect for modern family living.

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)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

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EPC Graphs

EE Rating

EE Rating

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).

5y growth 318.5%

House Price Index (HM Land Registry — official index, not sold-price averages): Telford and Wrekin. Series: All dwelling types. As of April 2026.

1y (index) 2.2%
5y (index) 21.2%
10y (index) 54.4%

Rental Range

Estimated market rent for Telford and Wrekin. Low = conservative, Realistic = average, Optimistic = best case.

Low £770/mo
Realistic £856/mo
Optimistic £942/mo

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 0.41%
Max investor price (0.8%) £112,375
Target investor price (1%) £89,900
Gross yield 4.9%
Cost-to-rent ratio 20.4×
Monthly cashflow £-82/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -1.5%
  • 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).