Imperial Properties

01952 248900

enquiries@imperialproperties.co.uk

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More about this property

1 x 3 Bed Apartment

2 x 1 Bed(s) Apartment

FREEHOLD

£18,300 Rent per annum

Investment Opportunity

Located TF2

Council Tax Band A

Freehold

We are pleased to present a fantastic investment opportunity with this well-maintained block of apartments located on Mosclay Road in the sought-after area of St Georges, Telford. This property comprises three apartments: one spacious three-bedroom apartment and two one-bedroom apartments, generating a solid rental income.

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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Stamp Duty for Mosclay Road, St Georges, Telford, TF2

Stamp Duty Land Tax

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Total SDLT due

Below is a breakdown of how the total amount of SDLT was calculated

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Above £0k and up to £0k (Percentage rate 0 %)

Above £0k and up to £0k (Percentage rate 0 %)

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Please note: This is for illustrative purposes only. The above calculator should not be relied upon when making financial decisions. Please seek advice from a specialist financial provider.

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.

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Administration Fee(s)

Referencing:

Couple £320.00 Inc VAT

Single £260.00 Inc VAT

 

Guarantor £85.00 Inc VAT

Pets Agreement £35.00 Inc VAT