- First Floor Flat
- Investment Opportunity
- Lounge, Breakfast Kitchen
- Two Bedrooms
- Spacious accommodation
- 6.25% Gross Yield based on current asking price
- Current rent of £500 pcm
- Gas Central Heating
- Grade II Listed
The Bathroom has a white three piece suite and window overlooking the rear. Benefitting from gas central heating, no upward chain. Currently offering a gross yield of 6.25% (based on current asking price) this is an excellent opportunity for an Investor purchaser.
LOCATION The property is just off the busy High Street, with its mix of shops, boutiques, cafes, pubs and a Victorian indoor market - and is within the catchment area of Newport's highly regarded Primary, High and Grammar Schools. A wider selection of shops, amenities and employment opportunities are available in Telford, Stafford and Shrewsbury - and the excellent rail connections from Telford and Stafford mean Birmingham and Manchester are in commutable distance.
LOUNGE 14' 5" x 11' 6" (4.39m x 3.51m)
BREAKFAST KITCHEN 12' 9" x 11' 1" (3.89m x 3.38m) max. measurements
BEDROOM ONE 11' 8" x 10' 6" (3.56m x 3.2m)
BEDROOM TWO 11' 8" x 8' 2" (3.56m x 2.49m) max.
BATHROOM 11' 9" x 7' 0" (3.58m x 2.13m)
TENURE We are advised that the property is Leasehold and this will be confirmed by the Vendors Solicitor during the Pre- Contract Enquiries. We are advised there are 186 years remaining on the lease and that the current ground rent is £100 per annum.
SERVICES We are advised that mains water, drainage, gas and electricity are available. Barbers have not tested any apparatus, equipment, fittings etc or services to this property, so cannot confirm that they are in working order or fit for purpose. A buyer is recommended to obtain confirmation from their Surveyor or Solicitor.
DIRECTIONS From the office in High Street, Newport proceed left towards Upper Bar - the property will be found a short way along on the left hand side over the Bet Fred premises.
LOCAL AUTHORITY Telford & Wrekin Council Southwater Square, St Quentin Gate, Telford, TF3 4EJ. Council tax band A.
VIEWING / PRE SALES ADVICE By arrangement with the Agents' office at 1 Church Street, Wellington, Shropshire TF1 1DD.
Tel: 01952 221200
METHOD OF SALE For Sale by Private Treaty.
AML REGULATIONS To ensure compliance with the latest Anti Money Laundering Regulations all intending purchasers must produce identification documents prior to the issue of sale confirmation. To avoid delays in the buying process please provide the required documents as soon as possible. We may use an online service provider to also confirm your identity. A list of acceptable ID documents is available upon request.
DISCLAIMER We believe this information to be accurate, but it cannot be guaranteed. The fixtures, fittings, appliances and mains services have not been tested. If there is any point which is of particular importance please obtain professional confirmation. All measurements quoted are approximate. These particulars do not constitute a contract or part of a contract.