Offers in region of
£65,000
(£137/sq. ft)
1 bed flat for saleVilla Court, Madeley, Telford TF7
1 bed
1 bath
1 reception
474 sq. ft
EPC Rating: C
Added on
About this property
Second Floor Apartment In This Popular Area
Available To Investors Only With Tenant In Situ
Current Tenant Paying £650pcm (An Impressive 12% Yield)
Entrance Hall
Open Plan Sitting/Dining Room/Kitchen
Double Bedroom
Bathroom
UPVC Double Glazing, Gas Central Heating
Communal Parking Nearby
Situated in the heart of Madeley, this second floor apartment is offered for sale with a tenant in situ, making it an attractive opportunity for investors seeking an immediate rental income.
Currently achieving £650 per calendar month, the property offers an impressive 12% gross rental yield, making it a particularly appealing addition to any investment portfolio. Highly recommended for consideration, the apartment provides ready-made investment potential with an established tenant already in place.
The accommodation briefly comprises an entrance hallway, open-plan sitting/dining room and kitchen, a double bedroom and bathroom.
Further benefits include UPVC double glazing and gas-fired central heating.
Communal parking is available nearby, whilst Madeley's range of local shops, amenities and facilities are all within easy reach.
Available to investors only.
Hallway
Sitting/Dining Room (4.1m x 1.8m (13'5" x 5'10"))
Kitchen (2.8m x 1.8m (9'2" x 5'10"))
Bedroom (3.5m x 3.0m (11'5" x 9'10"))
Bathroom
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More information
Tenure
Leasehold (85 years)
Service charge
£625 per year
Council tax band
A
Ground rent
£10
Ground rent date of next review
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