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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
A freehold end-terraced property in a converted state, offering two self-contained one-bedroom apartments. The property requires finishing work on the ground floor, which is currently vacant, but has the benefit of electric and plumbing first fix. The first-floor apartment is let at £399 per month, generating a current gross income of £4,788 per annum. With potential finishing works, the property could achieve 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, and will be sold by public auction on September 11, 2025, with viewing times available for the vacant flat.