7 bedroom terraced house for sale

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7 bedroom terraced house for sale

Carpenters Row, Wellington Road, Coalbrookdale, Telford, Shropshire, TF8 7DX
£850,000

Our Summary

  • Mannleys are delighted to present an outstanding investment opportunity on Wellington Road, Telford: a collection of four charming Grade II listed cottages, currently operating as highly successful holiday lets
  • Fantastic Investment Opportunity Four Grade II Listed Cottages All Let OUt As Holiday Lets

Description

Mannleys presents a unique investment opportunity on Wellington Road, Telford, comprising four charming Grade II listed cottages that operate as highly successful holiday lets. The properties, currently fully furnished, offer a ready-made business for investors, with three two-bedroom cottages and one one-bedroom cottage. Located in a prime spot near the UNESCO World Heritage site of Ironbridge, the cottages benefit from a consistent demand for quality holiday accommodation. Each cottage has been thoughtfully appointed, retaining its historical character while offering modern comforts. The properties come with a proven track record of profitability, with bookings managed through Sykes Cottages, and an approximate monthly turnover of £72,000, yielding an 8.4% return. With allocated parking and EPC ratings of D, this portfolio represents a fantastic opportunity for investors seeking a stable, high-yielding asset with immediate income generation. This is more than just a property sale; it's an acquisition of a flourishing business with a strong foundation and excellent future prospects.