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This property was removed from Dealsourcr.

2 Bed Flat, Single Let, Telford, TF7 5GH £90,000

Ferridays Fields, Telford, Shropshire, TF7 5GH - 8 views - 2 years ago
  1. Deal Search
  2. Telford
  3. TF7
  4. TF7 5GH
Leasehold
BTL
ROI: 11%
~57 m²

ValuationOvervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Telford
  • More Deals in TF7
  • More Single Let Deals
  • More Single Let Deals in Telford
  • More Single Let Deals in TF7

Property History

Listed for £90,000

September 12, 2023

Floor Plans

Description

  • Fantastic Buy-To-Let Investment Opportunity +
  • Two Bedroom Apartment +
  • 24ft Living Room +
  • Allocated Parking & Car Port +
  • Convenient For Local Shops & Amenities +
  • Excellent Public Transport Links +
  • Rolling Contract +
  • Tenanted For Immediate Income +
  • Professionally Managed +
  • 6.4% NET Yield +

FANTASTIC BUY-TO-LET INVESTMENT PROPERTY
OVER 6% NET YIELD
TENANTED ON A ROLLING CONTRACT
ALLOCATED PARKING & CARPORT INCLUDED

Take a look at the photos, floorplan and 360 virtual tour!

Currently tenanted on a rolling monthly contract.

Financial Performance:
Rental Income: £700pcm / £8,400 per annum
Service Charge: £1,300 per annum
Ground Rent: £312 per annum
Lettings Fee 10% + VAT: £1,008 per annum

NET INCOME: £5,780 per annum
NET YIELD: 6.4%

Mr Investa are pleased to bring to the market this superb TWO BEDROOM apartment, offering spacious and well proportioned accommodation throughout, including a 24ft living room.

Positioned on the first floor of this well looked after development, the property comprises; entrance hallway with plenty of storage, open plan living room and modern fitted kitchen, two well proportioned bedrooms and a bathroom. Outside there is a well maintained communal entrance and a residents car park to the rear with access to car ports.

Ferridays Fields is particularly attractive due to its convenient location with nearby shops including Tesco, Aldi and Lidl just 1 mile away and a Tesco Express just a short walking distance from the property.

The famous Iron Bridge landmark is 1 mile away and The Ironbridge Gorge is a conservation area within a designated World Heritage Site. Along the River Severn there are a variety of bars, restaurants, beautiful parks and scenic walks. The property falls into catchment for several excellent primary and secondary schools.

Telford town centre is approximately 3 miles away and presents numerous departmental stores, an extensive entertainment complex, leisure facilities and a newly developed large central park.

The property is ideally placed for commuters with excellent public transport links nearby and easy access to Telford train station in the town centre. The M54 motorway link is also close by.

NOTE TO PURCHASERS: Whilst all Information is believed to be correct, the information is provided via the seller and should always be check via yourself or legal representative. Mr Investa LTD does not accept any responsibility in respect of this information provided.

Agent Details

Mr Investa Ltd, Salford

01621 731606

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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