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1 Crescent Terrace, High Street... 2 bed end of terrace house for sale
1 Crescent Terrace, High Street, Highley, Shropshire, WV16 6LF
£69,000
1 Crescent Terrace, High Street, Highley, Shropshire, WV16 6LF
£69,000
Our Summary
- For Sale By Public Auction on 11 September 2025 starting at 08:30 AM - A freehold end terraced part let part vacant property, converted into two self-contained apartmentsCurrent gross income: £4,788 paPotential gross income: £9,578 pa
- The property benefits from having a gas fired central heating system (currently applies to flat 1a only) and double glazing, however the ground floor flat is in need of finishing work, but has the benefit of electric and plumbing first fix
- TenureFreehold Subject to the existing tenancy & part vacantPre-auction OffersPlease note that offers in excess of the guide price may be considered prior to the Auction Sale
- Flat 1b: Vacant but potential rental figure of £399pcm - £4,788paCurrent Total: £4,788pa - Potential Total: £9,576paLive-streamed AuctionPlease note that the Auction will be livestreamed via our website
- You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction
Description
This property is a freehold end-terrace property that has been converted into two self-contained one-bedroom apartments. The ground floor apartment, Flat 1b, is currently vacant, while the first-floor apartment, Flat 1a, is let at a rental figure of £4,788 per annum. However, with some finishing work, the property has the potential to generate a gross income of £9,578 per annum, representing a nearly 14% yield. The property features a gas-fired central heating system and double glazing, but the ground floor apartment is in need of completion. Viewings for Flat 1b are available on a block viewing basis, and the property will be sold at a public auction on September 11, 2025, starting at 8:30am.