>
7 bedroom terraced house for sale
Carpenters Row, Wellington Road, Coalbrookdale, Telford, Shropshire, TF8 7DX
£850,000
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, currently operating as successful holiday lets. The cottages, which include three two-bedroom and one one-bedroom units, are fully furnished and ready for immediate occupation. Nestled in a prime location near the UNESCO World Heritage site of Ironbridge, the properties benefit from a consistent demand for quality holiday accommodation. Each cottage has been thoughtfully appointed and maintained, retaining its historical character while offering modern comforts. The cottages are currently let out through Sykes Cottages, a leading holiday rental company, with bookings aplenty and a proven track record of profitability. The approximate monthly turnover is in the region of £72,000, giving an approximate yield of 8.4%. With allocated parking and EPC ratings of D, this portfolio represents a fantastic opportunity for an investor looking for 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.