Now I'm a big fan of Hollinswood, having let property there for many years, its an area that rents well and offers low void periods and attracts good tenants. I have my own property there, and since 1999 have had little problems in letting and managing properties in this area.
On with DB Roberts for around £105k it looks like some light refurbishment is needed, but once done a rent of around £595 pcm can be achieved giving a gross return of 6.8%.
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 Shrewsbury and the West Midlands, means Hollinswood is attractive to lots tenants.
See more at bit.ly/1wkdDda
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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