Morning Landlords...
On with DB Roberts with a guide price of £65k and to be sold via auction, this is one for landlords who don't mind getting their hands dirty, as a good refurbishment is needed. However, once done a rent of around £595 pcm can be achieved. Now if your total costs for purchase and refurbishment was £80k a gross return of 8.9% could be achieved.
Close to Telford town centre and the new Southwater development, the railway and bus stations are within walking distance. Coupled with easy road access to M54 means Malinslee attractive to lots tenants working at the many companies located in and around Telford Town Centre.
See more at goo.gl/8EQ2cn
As always, if you would like any advice or my opinion on the Telford property market please feel free to call or email on 01952 306 444 or martin@letwithsignature.co.uk
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