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AGENT'S DETAILS


52, Pageant Drive, Telford, Shropshire, TF4 3RF

For sale: £165,000.00|Residential, Retail, Leisure, House, Mixed Use, Other, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£165,000.00
ADDRESS52, Pageant Drive, Telford, Shropshire, TF4 3RF
TYPEResidential, Retail, Leisure, House, Mixed Use, Other, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON24th February 2021

DESCRIPTION

A 5 bed HMO located in Aquaduct, Telford. Based over three floors there is a a shared kitchen/diner and two shared bathrooms. Achieving £20,700 at full occupancy the property currently has a gross yield of 12.55%. Situated in the established residential locality of Aqueduct near to Silkin Way which provides beautiful walks and cycling routes throughout the nature reserve and Telford Town Park. An excellent road network connects the property to all parts of the Telford area including the modern range of shopping and leisure facilities available at Telford Town Centre.

Income

Room 1 £325.00 / Room 2 £350.00 / Room 3 £350.00 / Room 4 £350.00 / Room 5 £350.00

£1,725.00 PCM / £20,700 PA

Outgoings

Gas £75.00 / Electric £75.00 / Water £50.00 / Council Tax £111.66 / Broadband £26.34

£338.00 PCM / £4,056.00

Seller is currently paying 15% Management Fee

Income
Income

Room 1 £325.00 / Room 2 £350.00 / Room 3 £350.00 / Room 4 £350.00 / Room 5 £350.00

£1,725.00 PCM / £20,700 PA

Outgoings

Gas £75.00 / Electric £75.00 / Water £50.00 / Council Tax £111.66 / Broadband £26.34

£338.00 PCM / £4,056.00

Seller is currently paying 15% Management Fee

Features
5 Bed HMO

£20,700 Gross Income At Full Occupancy

Close to Town Centre and Retail park

Currently Tenanted

12.55% Gross Yield

2% + Vat Buyers Fee

LOCATION

Location: 52, Pageant Drive, Telford, Shropshire, TF4 3RF

Telford Central (2.1 miles)

Oakengates (2.8 miles)

Shifnal (3.9 miles)

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