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Burford, Telford TF3 1 bed flat for sale
Burford, Telford TF3
£49,000
Burford, Telford TF3
£49,000
Our Summary
- Guide Price £49,000 * Plus £4,000 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
- 3% Yield based on the guide price PLUS REDUCED BUYERS PREMIUM This tenanted property offers an outstanding investment opportunity with a strong projected rental yield of 14
- 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,
Description
This property in Telford is being sold by unconditional online auction and offers a fantastic investment opportunity for a buy-to-let investor. The property is currently generating £595 per month in rental income, providing an outstanding 14.3% yield based on the guide price. Located in a high-demand area with excellent transport links, nearby amenities, and proximity to Telford town centre, this property benefits from stable tenant demand and promising long-term capital appreciation potential. The property is leasehold and is being sold with a 5% deposit and a £4,000 +VAT buyer's premium. The seller may consider pre-auction offers prior to the auction date, which will be subject to the same auction conditions. With a guide price of £49,000, this property presents a low-cost, high-return investment opportunity for those looking to expand their portfolio.