3-bedroom semi-detached house · TF8 7NH
Sold STCReduced £10k (−3.8%) on 2 AprListed 369 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming three bedroom property situated in the heart of Ironbridge. Currently operating as a successful holiday let this would also make an ideal home for some wanting a central location.
Ironbridge is now designated a UNESC World Heritage Site and is an area of outstanding beauty and Sits on the banks of the river Severn and runs through the Ironbridge Gorge.
The town of Ironbridge which nestles in the Ironbridge Gorge, an area of outstanding beauty, is always attractive to house hunters.
The town offers a wealth of history recounted in the numerous museums. Local amenities including an array of individual shops, chemist and a selection of eateries.
Coalbrookdale also has an excellent junior school and doctors surgery. Telford Town Centre is approximately 5.5 miles distant with its range of leisure facilities, department stores and retail parks.
Access to both rail and motorway national networks can be found here.
This charming cottage is currently run as a successful holiday let however would suit someone looking for a spacious property ideally located for all the amenities.
The ground floor offers a welcoming and characterful lounge, complete with a charming bow window that overlooks the front of the property.
To the rear, a generously sized kitchen/diner features a fitted kitchen with ample storage and worktop space, along with room for a dining table.
A door from the kitchen provides direct access to the front of the property. Completing the ground floor layout is a useful guest WC, adding convenience for visitors.
The first floor includes a master bedroom with en suite, two further double bedrooms a family bathroom.
To the front of the property, a paved sun terrace provides the perfect spot to relax and enjoy the sunshine throughout the day.
Whilst the property does not come with off road parking, residents would be eligible for free parking permits given from the Council.
These would allow parking on the pay and display car parks in Ironbridge, including the one opposite outside the museum of the Gorge.
EPC Rating: D Front Garden Small paved area at the front of the property.
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Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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FAQ
About The Wharfage, Ironbridge, TF8
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