Carpenters Row, Wellington Road, Coalbrookdale, Telford, Shropshire, TF8 7DX

Offers in region of
£850,000

7 Bedroom Terraced House for sale in Telford

4 7 5
  • Fantastic Investment Opportunity Four Grade II Listed Cottages All Let OUt As Holiday Lets
  • Located Close to The UNESCO World Heritage Ironbridge
  • Three x 2 Bedroom Cottages & One x 1 Bedroom Cottage
  • Allocated Parking
  • Great Ready Made Business with Bookings A Plenty Currently Through Sykes Cottages
  • All Properties Being Sold Fully Furnished
  • Approximate Turnover for 2024 £72,000 (approximate yield 8.4% )
  • For More Details Contact Mannleys
  • EPC RATINGS FOR EACH COTTAGE - D

Mannleys are delighted to present an outstanding investment opportunity on Wellington Road, Telford: a collection of four charming Grade II listed cottages, currently operating as highly successful holiday lets. This unique offering comprises three two-bedroom cottages and one one-bedroom cottage, all being sold fully furnished, providing a truly ready-made business for the discerning investor.

Nestled in a prime location, these properties benefit from their close proximity to the renowned UNESCO World Heritage site of Ironbridge. This iconic area, steeped in industrial history and natural beauty, attracts a significant number of tourists year-round, ensuring a consistent demand for quality holiday accommodation. The cottages are perfectly positioned to capitalise on this vibrant tourism market, offering guests a picturesque and comfortable base from which to explore the local attractions, including the famous Iron Bridge, various museums, and scenic walking routes along the River Severn.

Each of the four cottages has been thoughtfully appointed and maintained, retaining their historical character while offering modern comforts. The Grade II listing ensures their architectural significance is preserved, adding to their unique appeal. The three two-bedroom cottages provide ample space for families or small groups, typically featuring a well-equipped kitchen, a comfortable living area, and two inviting bedrooms, complemented by a bathroom. The one-bedroom cottage offers an intimate retreat, ideal for couples seeking a romantic getaway or solo travellers. All properties come fully furnished, meaning a seamless transition for the new owner, with no additional setup costs or time required to prepare them for guests.

Currently, the properties are successfully let out as holiday accommodation, with bookings managed through Sykes Cottages, a leading name in the holiday rental market. This established arrangement provides a steady stream of income and a proven track record of profitability. The business is thriving, with bookings aplenty, demonstrating its strong appeal and efficient operation. While the approximate monthly turnover is to be confirmed, the existing success through Sykes Cottages underscores the robust financial potential of this venture. In 2024 the turnover was in the region of £72,000 giving an approximate yield of 8.4%.

Practical considerations have also been well-addressed, with allocated parking available for guests, a significant advantage in a popular tourist area. The EPC ratings for each cottage are D, reflecting their energy efficiency. This portfolio represents a fantastic opportunity for an investor looking for a stable, high-yielding asset with immediate income generation. Whether you are an experienced landlord seeking to expand your portfolio or a new investor looking for a well-established business, these cottages offer an attractive proposition.

This is more than just a property sale; it's an acquisition of a flourishing business with a strong foundation and excellent future prospects. The combination of Grade II listed charm, a sought-after location, full furnishings, and a proven income stream makes this an exceptionally rare and desirable offering. For more detailed information, including financial specifics and viewing arrangements, please do not hesitate to contact Mannleys.

Important Information

  • This is a Freehold property.
  • This Council Tax band for this property is: B

Property Ref: 910_430755

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Mannleys Property (Telford)

Telford, Shropshire, TF1 1DT

01952 245 064

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