DESCRIPTION:
Freehold end of terrace house. Excellent Location. Sold tenant in situ. Currently rented at circa £5,915 per annum. Potential to increase significantly. Currently producing a gross yield of circa 7.8%.
ACCOMMODATION:
Entrance Hall, Reception Room, Kitchen Diner. Two Bedrooms (Was Three), Large Bathroom. Front and Rear Gardens.
LOCATION:
Telford is a town in the borough of Telford and Wrekin and ceremonial county of Shropshire, England. It is named after the civil engineer Thomas Telford, who engineered many road, canal and rail projects in Shropshire. The town was put together in the 1960s and 1970s as a new town on previously industrial and agricultural land and towns.
On Telford’s southern boundaries is the Ironbridge Gorge, a scenic tourist destination and UNESCO World Heritage Site.
TENURE:
Freehold.
UNCONDITIONAL LOT:
Auction Fees apply, upon the fall of the gavel, as per the auction legal pack. The highest bidder, will also pay a deposit of 5% (minimum £5,000) of the hammer price and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the auction (unless otherwise stated).
