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Potential 4-Bed HMO, Telford, TF7 4AJ £87,000

38 Stonedale, Sutton Hill, Telford, Shropshire, TF7 4AJ - 9 months ago
  1. Deal Search
  2. Telford
  3. TF7
  4. TF7 4AJ
Sold STC
Auction
HMO
Cash
Outside Article 4
ROI: 13%
74 m²

ValuationFair Value

This may not be accurate, please check manually.

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Links

  • More Deals in Telford
  • More Deals in TF7
  • More HMO Deals
  • More HMO Deals in Telford
  • More HMO Deals in TF7

Property History

Price changed to £87,000

March 16, 2025

Listed for £79,500

March 10, 2025

Sold for £60,000

2010

Sold for £35,000

2004

Description

  • FOR SALE BY ONLINE PUBLIC AUCTION +
  • REQUIRES INTERNAL REFURBISHMENT +
  • EXCELLENT POTENTIAL RENTAL YIELD +
  • EXCELLENT POTENTIAL RENTAL YIELD +
  • POPULAR RESIDENTIAL LOCATION +

**FOR SALE BY ONLNE PUBLIC AUCTION

Guide Price £87,000 * Plus 5% Buyers Premium + VAT

For sale by Unconditional Online Auction on the 26th of March 2025.

Registration is now open, bidding opens on 26th of March 2025 at 10:00 and ends on 26th of March 2025 at 16:30.**

FOR SALE BY ONLINE PUBLIC AUCTION
EXCELLENT INVESTMENT OPPORTUNITY
THREE BEDROOM TOWN HOUSE IN NEED OF REFURBISHMENT
EXCELLENT POTENTIAL RENTAL YIELD >10%
OFFERED FOR SALE BMV

Description
We are pleased to offer to the market this large three-bedroom town house in the popular residential district of Sutton Hill, Telford.

The property has, until recently, been let to tenants at a rent of £750 pcm, but is now vacant. The property could be utilised as an HMO subject to conversion and consents.

Internal refurbishment is required and that has been reflected in the guide price.

The property briefly comprises as follows:

Entrance Hallway with door leading to attached brick large storage room and storage under stairs.

Single Garage

Stairs leading to first floor -

Kitchen

Living area (currently partitioned into a reception room and a fourth bedroom).

Cupboard housing gas boiler.

Stairs leading to second floor -

WC

Bathroom

Three Bedrooms

Storage cupboard

To the rear of the property is an enclosed garden

The front of the property offers a level parking area with space for 3-4 vehicles. There are also shared use visitor spaces opposite.

Viewings can be accommodated for serious cash buyers.

Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

Auction Information.
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Agent Details

Town & Country Property Auctions, Crewe

03301 654109

Next Steps?

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

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Investment Opportunity

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