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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 - D
  • Annual Ground Rent £10 & Monthly Service Charge £95
  • 99 Years on the lease starts on date of completion

Description

Welcome to this superb three-bedroom maisonette, an outstanding investment opportunity located in the established area of Donnington, Shropshire. This property is currently tenanted at £800pcm, presenting a compelling potential yield of 10.6%. It combines generous living spaces with the convenience of a well-connected location, making it an attractive prospect for discerning investors.


Upon entering, you are greeted by a welcoming entrance hall, setting the tone for the spacious accommodation within. The ground floor seamlessly flows into two distinct reception rooms, offering versatile living options. A comfortable sitting room provides an ideal space for relaxation, while a separate dining room is perfect for entertaining guests or enjoying family meals. The well-appointed kitchen completes the downstairs layout, providing a functional area for culinary pursuits. This thoughtful arrangement ensures ample room for everyday living and social gatherings.


Ascending to the first floor, you will find three good-sized bedrooms, each offering comfortable and private retreats. These rooms are designed to accommodate various needs, whether for a growing family or as flexible spaces for a home office. A well-maintained family bathroom serves these bedrooms, featuring contemporary fittings and ensuring convenience for all residents. The layout maximises natural light and provides a sense of openness throughout.


Externally, the property benefits from its position within an established residential area. While specific external features like gardens are not detailed, the surrounding environment offers a pleasant community feel with easy access to local amenities. The focus here is on the internal living space and the excellent investment potential it represents.


Donnington is a established location, boasting a wealth of local amenities. Residents benefit from convenient access to shops, schools, and leisure facilities, all within easy reach. Excellent transport links connect Donnington to wider Shropshire and beyond, enhancing its appeal for both residents and investors. This property offers the perfect blend of comfortable living and strategic location. With a 99-year lease commencing upon completion, an annual ground rent of £10, and a monthly service charge of £95, this opportunity is underpinned by clear and transparent costs. Mannleys provides Trusted Advice and Exceptional Service, guiding you through this excellent investment with local insight and professional care. The EPC rating for this property is D.
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.
Yes
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_1035398162. 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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