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The Parade, Donnington, Telford, Shropshire, TF2 8EQ

PROPERTY TYPE

Apartment

BEDROOMS

3

BATHROOMS

1

SIZE

982 sq ft

91 sq m

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

Key features

  • 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

Description

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).
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.
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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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The Parade, Donnington, Telford, Shropshire, TF2 8EQ

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About Mannleys Sales & Lettings, Telford

23A Market Street, Wellington, Telford, TF1 1DT

Introducing MANNLEYS Sales and Lettings, we offer a fresh approach to the property world. Our vastly experienced team of enthusiastic property professionals have outstanding knowledge of Residential Sales, Lettings, Residential Land/Developments and Property Management.

As a newly established independent local agency we have a single vision : To provide exceptional first class service for each and every client.

Affordability

Monthly repayments£452
Property: £ 89,995
Deposit: £ 9,000
Interest rate: 5.33%
Term: 30 years
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Disclaimer - Property reference MNN_WLL_LFSYCL_910_1035490572. 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 Mannleys Sales & Lettings, 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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