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3 bedroom semi-detached house for sale
74 Queens Road, Donnington, Telford, Shropshire, TF2 8DA
£90,000
74 Queens Road, Donnington, Telford, Shropshire, TF2 8DA
£90,000
Our Summary
- Guide Price £90,000 * Plus 5% Buyers Premium + VATFor sale by unconditional online auction
- To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa
- uk FOR SALE BY AUCTION
- INVESTMENT OPPORTUNITY TO ACQUIRE A 3 BEDROOM PROPERTY WITH A LONG-TERM TENANT
- The property was constructed using non-traditional construction methods and therefore is only available to cash purchasers as there are limited lending opportunities
- The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated)
- Pre Auction Offers Are ConsideredThe seller of this property may consider a pre-auction offer prior to the auction date
- All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit
- To make a pre-auction offer we will require two forms of ID,
- FOR SALE BY AUCTION
Description
This 3-bedroom property is being sold by unconditional online auction with a guide price of £90,000, plus a 5% buyer's premium and VAT. The property has a long-term tenant in place, paying £700 per month, resulting in a strong rental yield of over 8.5%. Located in a popular residential area, the property features an open-plan lounge/dining area, kitchen, three bedrooms, and a family bathroom. There is also driveway parking, a front garden, and a generous rear garden. The property is available exclusively to landlords and is being sold freehold, with the vendor requiring a cash buyer due to limited lending opportunities. The buyer will be required to pay a 5% deposit and a 5%+VAT buyer's premium, and contracts will be exchanged immediately following the auction, with a completion date of 28 days later. The seller may also consider pre-auction offers, which will be subject to the same auction conditions.