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7 bed property, in Mill Bank, £599,950
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7 bed detached house

Mill Bank, Wellington, Telford, Shropshire, TF1
Planning
£599,950
-7.7%

Price History

Initial price £650,000
Jan 10, 2026 £599,950
Price Change -7.7%

Our Summary

  • With generous accommodation across four floors, this property combines period charm with modern practicality, offering excellent potential for rental income
  • Investment potential: The existing seven-bedroom setup can be further converted to create up to ten bedrooms, with estimated rents of £500–£600 per room, generating a projected annual income in excess of £70,000
  • The basement cellar provides additional storage or conversion possibilities, subject to planning permission
  • Externally, the property offers a large, low-maintenance rear garden with potential to add parking subject to necessary planning permissions and access, adding appeal for tenants seeking convenience and outdoor space
  • Located close to Wellington town centre, schools, and excellent transport links, this property presents a rare no-chain investment opportunity with substantial rental yield potential

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Description

This grade II listed, seven-bedroom detached property is situated on Mill Bank in Wellington and offers generous accommodation across four floors. Key features include a welcoming entrance hall, spacious lounge and snug, study, kitchen and dining room with garden room, utility room, and ground floor bathroom. The first floor comprises three double bedrooms with a one-bedroom suite and family bathroom, while the upper floor provides four further bedrooms.

The property's layout can be modified to accommodate up to ten bedrooms, with a basement cellar offering additional storage or conversion possibilities. Externally, the property has a large, low-maintenance rear garden with potential for added parking.