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18 Queens Court, Madeley, Telford... 1 bed apartment for sale
18 Queens Court, Madeley, Telford, Shropshire
£36,000
18 Queens Court, Madeley, Telford, Shropshire
£36,000
Our Summary
- 00pmLive Stream Auction – remote bidding available by either telephone, online or by proxy
- Offered to auction with an extremely competitive guide price of just £36,000, this one-bedroom flat delivers an impressive potential gross yield of approximately 20%, making it a compelling addition to any investment portfolio
- The internal layout offers everything required for comfortable living, with ample scope to modernise or enhance cosmetically, should the buyer wish to increase rental value further
- Auction TermsThis property is offered through a traditional auction
Description
This one-bedroom flat is being sold at auction with a guide price of £36,000 and is expected to generate a potential gross yield of approximately 20%. The property is well-located, with easy access to local amenities, transport links, and employment hubs, making it an attractive investment opportunity. With a potential monthly rental income of £600, the flat offers a gross annual income of £7,200, providing a strong return on investment. The low capital requirement makes it an excellent choice for landlords looking to add to their portfolio, begin investing in residential property, or maximize their ROI in a strong rental demand area. The property is also conveniently located for commuters, with excellent transport links to Telford railway station and simple road connections to major motorways.