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 work1-bedroom flat · TF2 9PX
Sold STCListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For Sale By Modern Method of Auction with No Upward Chain - a one bedroomed ground floor flat, with garage, providing spacious accommodation throughout with a good sized garden plot.
Located at the end of a quiet cul-de-sac tributary spur in this popular residential area.
Auction details This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties' personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT.
These services are optional. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you.
Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Brief description This well proportioned ground floor flat is set at the end of a quiet cul-de-sac tributary in a popular location within St Georges and features generous accommodation, which could now benefit from some modernisation.
Entered via a porch to the front, the L-shaped lounge/diner has a large front aspect window, filling the room with light.
There is a useful storage cupboard which is situated below the stairs of flat 10 above, accessed from the lounge area.
A door opens into the rear aspect kitchen, which is fitted with a range of units, having space and plumbing provision for a washing machine and space for an under counter fridge.
There is an integrated mid-level double oven and gas hob, inset stainless steel 11⁄2 bowl sink/drainer unit and complementary tiling. The modern boiler is located here as well.
A further door opens from the lounge/diner into a small hall with useful full height storage cupboard, off which are accessed the rear aspect bedroom and side aspect shower room.
Externally, the property has a detached brick built garage with parking to the front and neatly maintained gardens to the front, side and rear (we understand no.10 has a right of access to the shared drying area).
Location Situated in the established residential locality of St. Georges being served by a local Primary School and Shop.
The neighbouring Town of Oakengates offers a range of Shops, leisure centre and secondary school, whilst the Telford Town Centre is approximately 2 miles distant and offers an excellent range of shops and leisure facilities L-shaped lounge diner 17' 6" max (11'6" min) x 14' 2" max (7'9" min) (5.33m x 4.32m) kitchen 8' 7" x 6' 5" (2.62m x 1.96m) bedroom 10' 9" x 8' 7" (3.28m x 2.62m) shower room 6' 4" x 5' 6" (1.93m x 1.68m) garage 18' 1" x 8' 2" (5.51m x 2.49m) agents notes tenure We are advised that the property is Leasehold (99 years provided from 24.09.78 – 51 years remaining).
We understand that there is a ground rent fee of £25 per annum and no service charge payable. This will be confirmed by the Vendor's Solicitor during the Pre-Contract Enquiries.
Vacant possession upon completion. Local authority Telford & Wrekin Council, Southwater Square, St Quentin Gate, Telford, TF3 4EJ Council Tax Band A (currently £1,443.58 for 2026/27).
Services We are advised that mains water, drainage, gas and electricity are available.
Barbers have not tested any apparatus, equipment, fittings etc or services to this property, so cannot confirm that they are in working order or fit for purpose.
A buyer is recommended to obtain confirmation from their Surveyor or Solicitor. For broadband and mobile supply and coverage buyers are advised to visit the Ofcom mobile and broadband checker website.
Viewing By arrangement with the Agents' office at 1 Church Street, Wellington, Shropshire TF1 1DD. Tel: Email: Directions From the A442 sign posted St Georges.
Proceed to the Greyhound roundabout, turning right to St Georges. Continue past Wickes & Aldi and turn left into St Georges.
Proceed along Stafford Street and at the mini roundabout proceed straight ahead onto Gower Street then take the third left onto Walker Crescent and first right into Walker Crescent, then first left into Wharf Close, following the road round to the end, where an unmade, shared driveway can be found, leading to number 9.
Method of sale For Sale by Modern Method of Auction.Ref: WE40599.170926 aml regulations We are required by law to conduct anti-money laundering checks on all those buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Movebutler who will contact you once you have had an offer accepted on a property you wish to buy.
The cost of these checks is £30 (incl. VAT) per buyer, which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance, ahead of us issuing a memorandum of sale, directly to Movebutler, and is non-refundable.
Disclaimer We believe this information to be accurate, but it cannot be guaranteed. The fixtures, fittings, appliances and mains services have not been tested.
If there is any point which is of particular importance please obtain professional confirmation. All measurements quoted are approximate.
These particulars do not constitute a contract or part of a contract.
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
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 9, Wharf Close, Telford
Explore nearby