- Superb Investment Opportunity Tenanted at £800pcm
- Superbly Spacious Three Bedroom Maisonette
- Sitting Room & Dining Room
- Kitchen & Entrance Hall
- Three Good Sized Bedrooms & Family Bathroom
- Established Location with Great Local Amenities
- Potential Yield of 10.6 %
- EPC RATING - E
- Annual Ground Rent £10 & Monthly Service Charge £95
- 99 Years on the lease starts on date of completion
3 Bedroom Apartment for sale in Telford
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Discover a superb investment opportunity with this spacious three-bedroom maisonette, ideally located in the established area of Donnington, Shropshire. This property is currently tenanted at £800pcm, presenting an attractive potential yield of 10.6%. This offers a fantastic chance for an investor to enhance value and secure a strong return.
Upon entering, you are greeted by an entrance hall that leads to the principal living areas. The ground floor boasts a generously sized sitting room, perfect for relaxation and entertaining. Adjacent to this, a separate dining room provides an ideal space for family meals or social gatherings. The kitchen, though in need of modernisation, offers a functional layout with scope for significant improvement, allowing a new owner to tailor it to their exact specifications. This layout provides ample space for everyday living, reflecting a practical design for a busy household.
Ascending to the first floor, you will find three good-sized bedrooms, each offering comfortable accommodation. These rooms provide flexibility for various needs, whether for a growing family or as additional guest spaces. A family bathroom serves these bedrooms, completing the upstairs layout. The spacious nature of the bedrooms ensures privacy and comfort for all residents, making this a practical home for tenants.
While there is no external garden space directly associated with the maisonette, the property benefits from its established location. Donnington offers a wealth of local amenities, including shops, schools, and recreational facilities, all within easy reach. Excellent transport links connect Donnington to the wider Shropshire area, enhancing its appeal to tenants and making daily commutes straightforward. This property's EPC Rating is E, indicating its energy efficiency.
(Please be aware that we are currently awaiting confirmation of the council tax band).
Important Information
- This is a Leasehold property.
- The annual cost for the ground rent on this property is £10
- The annual service charges for this property is £95
Property Ref: 490572
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