3 Bedrooms
Tenant in Situ
£750.00 pcm (Expected £900-£950)
FREEHOLD
7.5% Yield ER
3 BED
Approx 850 Sq ft
Council Tax Band A
Freehold
Set in the heart of Malinslee, this well-presented three-bedroom property offers a fantastic investment opportunity, benefiting from a long-term tenant in situ. With an expected rental income of £11,400 per annum, this represents an impressive yield of 7.86%, making it an attractive proposition for investors looking for a turnkey buy-to-let property.
Property Features:
- Entrance Hallway – Welcoming space leading to the main living areas.
- Kitchen/Breakfast Room – Positioned at the front of the property, featuring light-coloured cabinetry, a freestanding oven, and ample space for a washing machine, dryer, and dishwasher.
- Capacious Lounge – A bright and spacious rear-facing living area with plenty of natural light, neutral white-washed walls, and a modern grey carpet, providing a comfortable and inviting space with direct access to the rear garden.
First Floor Accommodation:
- Master Bedroom – A well-proportioned double bedroom.
- Second Double Bedroom – Another generously sized bedroom.
- Third Bedroom – Ideal as a child’s room, home office, or guest space.
- Family Bathroom & Separate WC – Functional and convenient layout for modern living.
Neutrally Decorated & Well-Maintained:
The property has been well looked after by the current long-term tenant, who has kept it in good condition, ensuring a hassle-free investment for the next owner
Prime Location & Strong Rental Demand:
- Ideally located for major transport links, offering easy access in and out of Central Telford.
- Within walking distance of Thomas Telford Academy, making it a popular choice for families.
- Just moments away from Telford Town Centre and the Southwater Development, providing a range of shops, restaurants, and leisure facilities.
- Current Rent: £8,700 per annum
- Expected Rent: £11,400 per annum (7.86% yield)
A ready-made investment with excellent long-term potential in a high-demand area! For more information or to book a viewing please contact the Sales Team on details below.
Estimated Room Dimensions:
Ground Floor:
- Kitchen/Diner: 7'11" x 11'4" (2.42m x 3.44m)
- Lounge: 15'7" x 8'3" (4.74m x 2.52m)
- Storage (Not explicitly measured in the floor plan)
First Floor:
Bedroom 1: 7'11" x 11'3" (2.42m x 3.43m)
Bedroom 2: 7'7" x 8'3" (2.32m x 2.52m)
Bedroom 3: 7'11" x 8'4" (2.42m x 2.53m)
Bathroom: 5'0" x 5'6" (1.52m x 1.67m)
WC: 2'7" x 5'6" (0.80m x 1.67m)
IMPORTANT NOTICE FROM IMPERIAL PROPERTIES
Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.