2 bedroom apartment

Tanyard Place, Shifnal, Shropshire, TF11 8BD

Size: 60 sqm

Purchase price

£110,000

Size: 60 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,900
Ground rent £150
Service charge £1,127
Lettings fees £587
Net income £5,037
Gross yield 6.27%
Net yield 4.58%

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS!


Fantastic Opportunity to own a newly refurbished flat in a sought after location with a sitting tenant. Finished to a high standard this apartment is situated on the first floor of a purpose built apartment block a stones throw from the town center which comprises shops, restaurants and a pub. With easy commutes on offer to Wolverhampton and Birmingham, the apartment also comes with its own designated parking space conveniently located next to the main entrance.

As you enter the hallway you have the master bedroom situated to your left which is a large size and comes complete with a spacious en-suit. Directly opposite you will find the main bathroom which has recently been re -fitted. Either side are 2 generous storage cupboards. The second bedroom adjoins the bright and airy living room and kitchen area which boasts a new kitchen with marble work tops. Having double aspect windows allows light to flood in.

This apartment offers the perfect investment opportunity for either a first time investor or those with a large portfolio looking for a hands off investment which will look after itself. The current owner has sourced a reliable tenant who would love to remain in the property for many years to come and keeps it immaculate. A video walk through can be provided upon request and viewings can be arranged.

Shifnal is a market town and civil parish in Shropshire, England, about 3 miles (5 km) east of Telford. It has a railway station on the Shrewsbury-Wolverhampton Line and is near the M54 motorway. In late 2018 plans for a second, far larger expansion of Shifnal, were revealed by Shropshire Council. The proposals, included up to another 1,500 homes, 40 hectares of employment land and a bypass south of the town by 2036. Large areas of farmland would be needed for the development.

DON’T HESITATE TO INQUIRE!

Interested in this property? Enquire today for more information

Key features

Key features

Recently Refurbished

Key features

Bright & Spacious

Key features

Designated Parking

Key features

Secure Entrance

Key features

Large Dining Kitchen

Key features

Mortgageable

Key features

En-Suite

Key features

Long Term Tenant

Key features

Town Center

Key features

Low Maintenance

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! More info...

Fantastic Opportunity to own a newly refurbished flat in a sought after location with a sitting tenant. Finished to a high standard this apartment is situated on the first floor of a purpose built apartment block a stones throw from the town center which comprises shops, restaurants and a pub. With easy commutes on offer to Wolverhampton and Birmingham, the apartment also comes with its own designated parking space conveniently located next to the main entrance.

As you enter the hallway you have the master bedroom situated to your left which is a large size and comes complete with a spacious en-suit. Directly opposite you will find the main bathroom which has recently been re -fitted. Either side are 2 generous storage cupboards. The second bedroom adjoins the bright and airy living room and kitchen area which boasts a new kitchen with marble work tops. Having double aspect windows allows light to flood in.

This apartment offers the perfect investment opportunity for either a first time investor or those with a large portfolio looking for a hands off investment which will look after itself. The current owner has sourced a reliable tenant who would love to remain in the property for many years to come and keeps it immaculate. A video walk through can be provided upon request and viewings can be arranged.

Shifnal is a market town and civil parish in Shropshire, England, about 3 miles (5 km) east of Telford. It has a railway station on the Shrewsbury-Wolverhampton Line and is near the M54 motorway. In late 2018 plans for a second, far larger expansion of Shifnal, were revealed by Shropshire Council. The proposals, included up to another 1,500 homes, 40 hectares of employment land and a bypass south of the town by 2036. Large areas of farmland would be needed for the development.

DON’T HESITATE TO INQUIRE!

  • Key features
    Tick Desktop Recently Refurbished
    Tick Desktop Bright & Spacious
    Tick Desktop Designated Parking
    Tick Desktop Secure Entrance
    Tick Desktop Large Dining Kitchen
    Tick Desktop Mortgageable
    Tick Desktop En-Suite
    Tick Desktop Long Term Tenant
    Tick Desktop Town Center
    Tick Desktop Low Maintenance
  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £6,900
Ground rent £150
Service charge £1,127
Lettings fees £587
Net income £5,037
Gross yield 6.27%
Net yield 4.58%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.