5 bedroom apartment for sale
Key information
Property description & features
- Tenure: Freehold
- 1 x 3 Bed Apartment
- 2 x 1 Bed(s) Apartment
- Freehold
- £18,300 Rent per annum
- Investment Opportunity
- Located TF2
Property Details:Apartment 1:
A generous three-bedroom apartment currently achieving a rent of £575.00 per calendar month. The apartment features a spacious living area, a modern kitchen with ample storage, three well-proportioned bedrooms, and a contemporary family bathroom. This unit is perfect for families or professionals seeking a larger living space.Apartments 2 and 3: Two well-presented one-bedroom apartments, each achieving a rental income of £475.00 per calendar month. Both apartments offer a comfortable living room, a fully fitted kitchen, a double bedroom, and a modern bathroom. These units are ideally suited for single occupants or couples looking for cozy and manageable living spaces.
Location:
The property is conveniently located on Mosclay Road, in the popular area of St Georges, Telford. St Georges is a vibrant residential community known for its excellent local amenities, including shops, restaurants, schools, and parks. The property is within easy reach of Telford Town Centre, offering a wider range of shopping, dining, and leisure facilities. Excellent transport links, including nearby bus routes and access to the M54 motorway, provide easy connectivity to surrounding areas and beyond, making this a prime location for tenants.
Investment Highlights:
Total Rental Income: Currently generating a combined rental income of £1,525.00 per calendar month.Strong Demand Location: St Georges is a popular area for renters due to its amenities, transport links, and proximity to Telford Town Centre.Potential for Further Growth: The property offers potential for rental growth in an area with increasing demand for quality rental accommodation.Well-Maintained: The apartments are presented in good condition, requiring minimal immediate investment, ensuring a hassle-free addition to any portfolio.
Summary:
This block of apartments represents a robust investment opportunity, providing a steady income stream with the potential for future rental growth. Its strategic location in St Georges, coupled with well-maintained units and strong rental demand, makes this property an excellent choice for investors looking to expand their portfolio in Telford.Don't miss out on this superb investment opportunity. Contact us today to arrange a viewing and secure this valuable asset! For more information or to book a viewing please contact the Sales Team on the details below.
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*DISCLAIMER
Property reference IMPE_014182. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Imperial Properties - Telford.
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Broadband availability and predicted speed: obtained from Ofcom on August 16, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on August 16, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on May 13, 2021 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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