Book a FREE Valuation

For Sale - Apartment
70-72 Upper Bar, Newport, TF10 7AW

Offers In Region Of £95,995

Bed icon  2    Bath icon  1    receptions icon  1

A second floor flat with two bedrooms situated on the main road through the sought after location of Newport. Currently paying a rent of £525pcm giving a 6.56% gross yield based on the current asking price.

Request a Viewing

Contact Us

Wellington/Telford Branch
01952 221200

Share this property


View Floorplan Location Save Saved

Wellington/Telford Branch
1 Church Street, Wellington/Telford, Shropshire, TF1 1DD
Email
Opening Hours
Monday to Friday: 8.45am to 5.30pm
Saturday: 9.00am to 4.00pm

Property Summary

  • Second floor flat
  • Investment Opportunity
  • Lounge, Breakfast Kitchen
  • Two Bedrooms
  • Bathroom
  • Nicely presented accommodation
  • Current rent of £525 pcm
  • 6.56% gross yield based on current asking price
  • Gas Central Heating

Property Full Details

BRIEF DESCRIPTION A well presented second floor flat offering spacious accommodation. A side access gives access to a front door providing staircase and access to Flats A and B Upper Bar. From the second floor an entrance door opens into the through Hall. The Breakfast Kitchen looks out to the rear and has a range of base and wall mounted units with space for cooker and further appliance. The Lounge has a window looking out over the main High Street as do Bedrooms One and Two.

The Bathroom has a white three piece suite and window overlooking the rear. Benefitting from gas central heating, no upward chain and a Tenant in occupation. Currently offering a gross yield of 6.56% this is an excellent opportunity for an Investor purchaser.

To the rear there is a right of way to pass over the land with or without vehicles.

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' 6" x 11' 7" (4.42m x 3.53m)

BREAKFAST KITCHEN 14' 2" x 11' 3" (4.32m x 3.43m) max. measurements, L shaped room

BEDROOM ONE 11' 8" x 9' 9" (3.56m x 2.97m)

BEDROOM TWO 11' 7" x 9' 2" (3.53m x 2.79m)

BATHROOM 13' 3" x 11' 4" (4.04m x 3.45m)

ENERGY PERFORMANCE CERTIFICATE The property has a C rating. The full energy performance certificate (EPC) is available for this property upon request.

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 the long standing Tenant currently pays £525 pcm.

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

VIEWING / PRE SALES ADVICE By arrangement with the Agents' office at 1 Church Street, Wellington, Shropshire TF1 1DD.
Tel: 01952 221200
Email: wellington@barbers-online.co.uk


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.

WE27356.100920

Similar Properties


For Sale - Apartment -Flat A, 70-72 Upper Bar, Newport, TF10 7AW.

Flat A, 70-72 Upper Bar, Newport, TF10 7AW.

Offers In Region Of £95,995

For Sale - Apartment -High Street, 89 High Street, Newport

High Street, 89 High Street, Newport

Offers In Region Of £90,000

Follow Barbers Estate Agents on Facebook Follow Barbers Estate Agents on Twitter Follow Barbers Estate Agents on LinkedIn Follow Barbers Estate Agents on Instagram