Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom detached house · TF1 3BP
Sold STCListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE BY MODERN METHOD OF AUCTION Auction Link:- fceeaef9b4bf557 Newton Fallowell are proud to present this four-bedroom detached house in Wellington, Telford, which represents an opportunity for buyers seeking a property that needs renovation with clear potential for family living.
The ground floor provides two reception rooms.
The main living room features a fireplace, a bay window and French doors opening directly onto the garden, together with a garden view that enhances the sense of space and connection to the outdoors.
The second reception room, currently used as a dining room, also benefits from a fireplace and a bay window, providing a defined area for more formal entertaining or flexible family use.
The property includes a fitted kitchen with a utility room and pantry offering useful additional space for appliances and storage as well as a downstairs WC off the rear porch.
Upstairs there is a single bathroom, complemented by a separate WC. All four bedrooms are doubles.
The main bedroom offers built?in wardrobes and double aspect windows, providing incredible natural light and practical storage.
The second bedroom, off the landing is a double and also includes built?in wardrobes and can also effectively be used as a study. The third bedroom is sizeable and features a shower in the room.
The fourth and final bedroom is located off the back of the third bedroom. It is also sizeable and features a wash basin and a built in wardrobe in the corner of the room.
Externally, the house benefits from a sizable driveway, front lawn and a long garden at the rear, providing outdoor space for families and guests, alongside a single garage and various other outbuildings, which are valuable assets in this part of Wellington.
With its established setting, parking, garage and garden, this four-bedroom detached house offers a solid base for buyers looking to refurbish and create a tailored family home in Wellington.
Auctioneer comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional. Material information The information above has been provided by the vendor and may not be accurate. Please refer to the property’s Buyer Information Pack.
(Found) or speak to the Auction Specialist for the most up to date information. Garden Extensive rear garden Parking - Driveway Private driveway to the front and side.
Disclaimer We endevour to make sure that all details within our property listings are correct at the time of instruction.
Measuring devices are calibrated regularly and details checked with the vendor before publication. Should you have any questions regarding our listings, please contact us using .
Referral Fees:- We are paid referral fees for introductions to mortgage and conveyancing services. Conveyancing we recieve £300 per referral. Mortgages:- We recieve £175 per referral.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About Leegomery Road, Wellington, TF1
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