Ferridays Fields, Telford, Shropshire, TF7
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
611 sq ft
57 sq m
Key features
- Fantastic Buy-To-Let Investment Opportunity
- Two Bedroom Apartment
- 24ft Living Room
- Allocated Parking & Car Port
- Convenient For Local Shops & Amenities
- Excellent Public Transport Links
- 12 Month Tenancy Contract In Place
- Tenanted For Immediate Income
- Professionally Managed
- 6% NET Yield
Description
CIRCA 6% NET YIELD
NEW TENANCY IN PLACE UNTIL OCTOBER 2024 & PROFESSIONALLY MANAGED
ALLOCATED PARKING & CARPORT INCLUDED
Mr Investa are pleased to bring to the market this superb TWO BEDROOM apartment, offering spacious and well proportioned accommodation throughout, including a 24ft living room.
Positioned on the first floor of this well looked after development, the property comprises; entrance hallway with plenty of storage, open plan living room and modern fitted kitchen, two well proportioned bedrooms and a bathroom. Outside there is a well maintained communal entrance and a residents car park to the rear with access to car ports.
Take a look at the photos, floorplan and virtual tour!
Tenanted on a 12 month contract until October 2024!
Current Financial Performance
Rental Income: £650pcm / £7,800 per annum
Service Charge: £1,300 per annum
Ground Rent: £312 per annum
Lettings Fee 10% + VAT: £936 per annum
NET INCOME: £5,252 per annum
NET YIELD: 5.8%
Ferridays Fields is particularly attractive due to its convenient location with nearby shops including Tesco, Aldi and Lidl just 1 mile away and a Tesco Express just a short walking distance from the property.
The famous Iron Bridge landmark is 1 mile away and The Ironbridge Gorge is a conservation area within a designated World Heritage Site. Along the River Severn there are a variety of bars, restaurants, beautiful parks and scenic walks. The property falls into catchment for several excellent primary and secondary schools.
Telford town centre is approximately 3 miles away and presents numerous departmental stores, an extensive entertainment complex, leisure facilities and a newly developed large central park.
The property is ideally placed for commuters with excellent public transport links nearby and easy access to Telford train station in the town centre. The M54 motorway link is also close by.
NOTE TO PURCHASERS: Whilst all Information is believed to be correct, the information is provided via the seller and should always be check via yourself or legal representative. Mr Investa LTD does not accept any responsibility in respect of this information provided.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Ferridays Fields, Telford, Shropshire, TF7
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Telford Central Station3.2 miles
- Oakengates Station3.9 miles
- Shifnal Station4.6 miles
About the agent
Mr Investa Ltd, Salford
Mr Investa, Blue Tower, MediaCityUK, M50 2ST
We offer a unique and bespoke service for Landlord to Landlord Sales.
Here at Mr Investa we understand that not ever investor is the same, not every seller or buyer have the same requirements.
Using the latest technology in the property market to give our clients a full insight to the properties and areas we offer from the comfort of their home or on the go. We do this by providing a virtual tours, floor-plans and financial performance for each property.
Our aim is to take t
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Visit our security centre to find out moreDisclaimer - Property reference MSN-42597866. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Mr Investa Ltd, Salford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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