Apartment | Sale
FANTASTIC BUY-TO-LET INVESTMENT PROPERTY CIRCA 6% NET YIELD NEW TENANCY IN PLACE UNTIL OCTOBER 2024 & PROFESSIONALLY MANAGED ALLOCATED PARKING & CARPORT INCLUDED
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.
Take a look at the photos, floorplan and virtual tour!
Tenanted on a 12 month contract until October 2024!
Current Financial Performance Rental Income: £650pcm / £7,800 per annum Service Charge: £1,300 per annum Ground Rent: £312 per annum Lettings Fee 10% + VAT: £936 per annum
NET INCOME: £5,252 per annum NET YIELD: 5.8%
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.