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Three-bedroom family home with tenant in situ

Telford, TF2 - Get Access

3 bed 1 bath

Description

A well-presented three-bedroom family home offered for sale with a tenant in situ, providing an excellent opportunity for buy-to-let investors seeking an immediate income-producing asset with future rental growth potential. The property is currently let at £1000 per calendar month (£12,000 per annum) to an established tenant. Based on a guide price of £140,000, the investment provides a current gross yield of 8.57 percent. Teagues Crescent is located within the established residential district of Trench, approximately three miles north of Telford Town Centre. The area is particularly popular with families and tenants due to its excellent range of everyday amenities and convenient transport links. Within walking distance are local convenience stores, supermarkets, schools and healthcare facilities, while the nearby Oakengates district offers further shopping, leisure facilities and a railway station providing connections to Shrewsbury, Wolverhampton and Birmingham. The property is also well placed for access to the A442 Queensway and the M54 motorway, making it an attractive location for commuters. Nearby amenities include local convenience shopping within the Trench neighbourhood, Teagues Bridge Primary School and several other well-regarded primary and secondary schools nearby, Oakengates Railway Station approximately 1 mile away, Telford Town Centre offering extensive retail, leisure and employment opportunities, and excellent road links via the A442 and M54 motorway network. The accommodation briefly comprises an entrance hall, living room, fitted kitchen/dining area, three bedrooms and a family bathroom. Externally, the property benefits from front and rear gardens and is situated within a popular established residential location.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
High confidence Floor Area: 770 sq ft (Floor plan)

This three-bedroom semi-detached family home in Trench, Telford, was valued by examining recent transactions of similar semi-detached properties in the local area. The assessment accounts for a fair condition score of 5/10 with dated cosmetic finishes, and factors in the current tenancy in situ producing £1,000 per calendar month. Floor area of 770 sq ft was sourced from the property floor plan.

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