>
The Ridings, Telford TF7 2 bed block of apartments for sale
Rough Park House, The Ridings, Telford, Telford and Wrekin, TF7 5RA
£430,000
Rough Park House, The Ridings, Telford, Telford and Wrekin, TF7 5RA
£430,000
Our Summary
- Guide Price £430,000 For sale by Unconditional Online Auction on the 26th of February 2025
- ONLINE PUBLIC AUCTION EXCELLENT INVESTMENT OPPORTUNITY SUBSTANTIALLY RENOVATED TO CREATE FIVE INDIVIDUAL APARTMENTS EXCELLENT RENTAL POTENTIAL FREEHOLD Description We are pleased to offer to the market for sale by online public auction, Rough House Park, The Ridings, Woodside Avenue, Telford
- The vendor has been advised that there is potential to generate rental income of c£45,000 pa
- The vendor will consider pre-auction offers in excess of the guide price
- Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction
- Auction Information
- To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa
Description
This is an exciting investment opportunity, as a substantially renovated historic building is being sold by online public auction on February 26th, 2025. The property has been converted into five individual apartments, comprising three 2-bedroom and two 1-bedroom flats, each with its own EPC with a C Rating. The renovation is largely complete, with final fixings ready to be finished by the new owner. The vendor estimates potential rental income of around £45,000 per annum, making it an attractive proposition for investors. The property is being sold freehold, and the vendor will consider pre-auction offers in excess of the guide price of £430,000.