The Parade, Donnington
OIRO £89,995 Leasehold
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- Superb Investment Opportunity Tenanted at £800pcm
- Superbly Spacious Three Bedroom Maisonette
- Sitting Room & Dining Room
- Kitchen & Entrance Hall
- Three Good Sized Bedrooms & Family Bathroom
- Established Location with Great Local Amenities
- Potential Yield of 10.6 %
- EPC RATING - D
- Annual Ground Rent £10 & Monthly Service Charge £95
- 99 Years on the lease starts on date of completion
Welcome to this superb three-bedroom maisonette, an outstanding investment opportunity located in the established area of Donnington, Shropshire. This property is currently tenanted at £800pcm, presenting a compelling potential yield of 10.6%. It combines generous living spaces with the convenience of a well-connected location, making it an attractive prospect for discerning investors.
Upon entering, you are greeted by a welcoming entrance hall, setting the tone for the spacious accommodation within. The ground floor seamlessly flows into two distinct reception rooms, offering versatile living options. A comfortable sitting room provides an ideal space for relaxation, while a separate dining room is perfect for entertaining guests or enjoying family meals. The well-appointed kitchen completes the downstairs layout, providing a functional area for culinary pursuits. This thoughtful arrangement ensures ample room for everyday living and social gatherings.
Ascending to the first floor, you will find three good-sized bedrooms, each offering comfortable and private retreats. These rooms are designed to accommodate various needs, whether for a growing family or as flexible spaces for a home office. A well-maintained family bathroom serves these bedrooms, featuring contemporary fittings and ensuring convenience for all residents. The layout maximises natural light and provides a sense of openness throughout.
Externally, the property benefits from its position within an established residential area. While specific external features like gardens are not detailed, the surrounding environment offers a pleasant community feel with easy access to local amenities. The focus here is on the internal living space and the excellent investment potential it represents.
Donnington is a established location, boasting a wealth of local amenities. Residents benefit from convenient access to shops, schools, and leisure facilities, all within easy reach. Excellent transport links connect Donnington to wider Shropshire and beyond, enhancing its appeal for both residents and investors. This property offers the perfect blend of comfortable living and strategic location. With a 99-year lease commencing upon completion, an annual ground rent of £10, and a monthly service charge of £95, this opportunity is underpinned by clear and transparent costs. Mannleys provides Trusted Advice and Exceptional Service, guiding you through this excellent investment with local insight and professional care. The EPC rating for this property is D.
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The Parade
Donnington, Telford TF2 8EQ
Donnington, Telford TF2 8EQ
County: Telford
Sale Type: For Sale
Ref #: 398162
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