Modern Method of Auction
Auction date not yet published
3-bedroom detached house · TF1 1PF
For saleListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For Sale by Modern Method of Auction. Starting Bid of £40,000 plus Reservation Fee. We are delighted to introduce this Building Plot with Planning Permission for a 3-Bedroom Detached House.
Great development opportunity in Wellington! This building plot is ideally situated on the corner of Regent Street and Bank Road and comes with Planning Permission for a three-bedroom detached house.
Check out planning reference: TWC/2024/0213 Don't miss out on this fantastic investment opportunity, call us today to secure your viewing This property is for sale by The West Midlands Property Auction, powered by iam-sold Ltd.
Anti-Money Laundering (AML) Checks We are required by law to conduct anti-money laundering checks on all those buying a property.
DB Roberts retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly. The initial checks are performed using Movebutler.
The cost of these checks is £20 Plus VAT (£24) for the first buyer and £10 Plus VAT (£12) for every additional buyer.
This fee covers the cost of obtaining relevant data and any manual checks or monitoring which might be required.
This fee will need to be paid by you in advance, ahead of us issuing a memorandum of sale and is non-refundable.
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 advisors 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 Regent Street, Wellington, Telford, TF1
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