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Burford, Telford TF3 1 bed flat for sale
Burford, Telford TF3
£50,000
Burford, Telford TF3
£50,000
Our Summary
- Guide Price £50,000 * Plus £3,000 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 fantastic investment opportunity in Telford offers a 14.3% yield based on the guide price, making it an attractive option for buy-to-let investors. The property is currently tenanted, generating £595 per month, providing immediate rental income. Located in a high-demand area with excellent transport links, nearby amenities, and proximity to Telford town centre, this asset has stable tenant demand and promising long-term capital appreciation potential. The property is being sold by unconditional online auction, with a buyer's premium of £3,000 + VAT and a 5% deposit due upon the fall of the hammer. The seller may consider pre-auction offers, which will be subject to the same auction conditions, including a 28-day completion period. With its strong projected rental yield and potential for long-term growth, this property is perfect for investors looking to expand their portfolio with a low-cost, high-return property.