Burford, Brookside, Telford
Auction Guide Price £50,000

Guide Price £50,000 * Plus £4,000 Buyers Premium + VAT

For sale by Unconditional Online Auction - pre-auction offers welcomed.

Fantastic investment in Telford for anyone looking for a Buy to Let with a tenant in situ. 14.3% Yield based on the guide price PLUS REDUCED BUYERS PREMIUM

This tenanted property offers an outstanding investment opportunity with a strong projected rental yield of 14.3% at the guide price. Currently generating £595 per calendar month, it provides immediate rental income, making it ideal for investors seeking a reliable return. Located in a high-demand area of Telford, this property benefits from excellent transport links, nearby amenities, and proximity to Telford town centre. With stable tenant demand and promising long-term capital appreciation potential thanks to Telford's ongoing economic growth, this asset is perfect for those looking to expand their portfolio with a low-cost, high-return property.Avalable to landlords only, tenant in situ paying £595 pcm. One bedroom ground floor flat located within easy reach of local amenities. The accommodation includes kitchen/ breakfast room, lounge, double bedroom and bathroom. The property benefits from its own private area of garden to the rear. Local schooling and amenities are both within easy reach and there is a communal parking area nearby.

92 years remaining on lease, £10 pa ground rent, annual service charge £960