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SOLD STC

Mosclay Road, St Georges, TF2

PROPERTY TYPE

Apartment

BEDROOMS

5

BATHROOMS

3

SIZE

1,635 sq ft

152 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • 1 x 3 Bed Apartment
  • 2 x 1 Bed(s) Apartment
  • FREEHOLD
  • £18,300 Rent per annum
  • Investment Opportunity
  • Located TF2

Description

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.
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.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Mosclay Road, St Georges, TF2

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About Imperial Properties, Telford

Theatre Square, Oakengates, Telford, TF2 6EP

The name Imperial Properties is synonymous with the rental and Sale of high quality residential property. We offer a professional service from an agent you can trust. Whether you are buying, selling, renting, or thinking of letting your property, our expert knowledge of Telford and surrounding areas will assist you in making the right choice. For Sales, for lettings, for life.

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Monthly repayments
£1,263
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Disclaimer - Property reference IMPE_014182. 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 Imperial Properties, Telford. 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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