With 25 years of experience, Residential Estates manage a reputable portfolio of high-yielding buy to let property investments, sales, and lettings.

This delightful two bedroom ground floor apartment is situated on the popular Telfords Quay development.  Adjacent to the River and Boat Museum there are very pleasant views and areas to sit outside in the summer.  There is a popular on-site restaurant also adjacent.

 

The property itself has door intercom access and is a secure development. This particular block has just 6 apartments within it and is therefore a very quiet location, typically occupied by professional tenants.  This apartment has an allocated parking space for 1 car but there is substantial visitor parking on-site.

 

The Lounge is a good size and benefits from a large electric heater, double glazed windows and leads to a good sized separate kitchen.  The bathroom is fairly small but contains shower above bath, a sink and W.C.  

 

The two bedrooms are both a good double size.  The master is a large double and the second bedroom is a small to medium sized double bedroom.  The second bedroom can also be converted to an office as it is presently.

 

This is an ideal purchase for a first time homebuyer as it is a good low entry level purchase, with room for capital growth over time.  The property is currently tenanted and annually we would expect up to £7,200 per month rental income, making this a gross yield of approximately 7%.