2-bedroom bungalow · TF4 3HQ
Sold STCListed 351 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying an attractive south-facing position at the end of an unadopted road, The Bungalow offers an exceptional development or investment opportunity in a desirable and established part of Telford.
The generous plot previously benefited from lapsed planning permission (2008) to demolish the existing dwelling and erect two detached three bedroom homes, presenting excellent potential for builders, developers, or self-build buyers seeking to create bespoke new residences in a private and appealing location.
Currently, the site comprises an existing detached bungalow of non-traditional construction, providing the flexibility to retain, refurbish, or redevelop, subject to obtaining any necessary planning consents.
The present accommodation includes, two reception rooms, kitchen, bathroom, two bedrooms and stairs leading to a large loft area, suitable for storage or, subject to planning, potential conversion into additional accommodation.
Due to the property’s non-traditional construction, cash buyers are preferred. However, the dwelling remains a practical base for occupation while development options are considered.
Outside, the Bungalow occupies a spacious south-facing plot with an attractive outlook and a good degree of privacy.
The size and positioning of the land offer strong potential for redevelopment, whether through the renovation of the existing structure or the creation of two new detached homes (subject to the necessary consents).
Viewing is highly recommended to appreciate the setting and potential on offer.
Value & comps
No previous sales on record.
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 asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 Rednal Fields, TF4 3HQ
Explore nearby