4 Teagues Crescent, Trench, Telford, Shropshire, TF2 6RG
- PROPERTY TYPE
Semi-Detached
- BEDROOMS
3
- SIZE
Ask agent
- TENUREDescribes 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
- Potential Gross Yield: 8.57%
- Tenant in situ
- BMV Investment
- BMV Investment
Description
A well-presented three-bedroom family home offered for sale with a tenant in situ, providing an excellent opportunity for buy-to-let investors seeking an immediate income-producing asset with future rental growth potential.
Description
The property is currently let at £800 per calendar month (£9,600 per annum) to an established tenant. Local market evidence indicates that similar three-bedroom properties in the Trench area are currently achieving rents in the region of £950£1,050 per calendar month, with an average of approximately £1,000 pcm (£12,000 per annum), offering scope for increased income in the future, subject to tenancy agreements and the relevant statutory requirements.
Based on a guide price of £140,000, the investment provides:
Current Gross Yield: 6.86% (based on £9,600 per annum)
Potential Gross Yield: 8.57% (based on £12,000 per annum)
Location
Teagues Crescent is located within the established residential district of Trench, approximately three miles north of Telford Town Centre. The area is particularly popular with families and tenants due to its excellent range of everyday amenities and convenient transport links.
Within walking distance are local convenience stores, supermarkets, schools and healthcare facilities, while the nearby Oakengates district offers further shopping, leisure facilities and a railway station providing connections to Shrewsbury, Wolverhampton and Birmingham. The property is also well placed for access to the A442 Queensway and the M54 motorway, making it an attractive location for commuters.
Nearby amenities include:
Local convenience shopping within the Trench neighbourhood.
Teagues Bridge Primary School and several other well-regarded primary and secondary schools nearby.
Oakengates Railway Station approximately 1 mile away.
Telford Town Centre offering extensive retail, leisure and employment opportunities.
Excellent road links via the A442 and M54 motorway network.
The accommodation briefly comprises an entrance hall, living room, fitted kitchen/dining area, three bedrooms and a family bathroom. Externally, the property benefits from front and rear gardens and is situated within a popular established residential location.
Tenure
Freehold
Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.
Auction Information.
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Brochures
Legal DocumentsOnline Bidding- 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.
- Ask agent
- 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.
- Ask agent
4 Teagues Crescent, Trench, Telford, Shropshire, TF2 6RG
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Visit our security centre to find out moreDisclaimer - Property reference 360019. 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 Town & Country Property Auctions, Crewe. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Town & Country Property Auctions, Crewe on 03301 654109.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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