Summary -
187 Burford,TELFORD,TF3 1LW
TF3 1LW
1 bed 1 bath Flat
Low-cost buy-to-let with private garden and immediate rental income.
Tenant in situ paying £595 pcm (sale to landlords only)
A practical one-bedroom ground-floor flat offered with a sitting tenant, suited to investors seeking immediate rental income. The tenant pays £595 pcm, providing an approximate gross yield of about 11% at the asking price of £65,000. The accommodation includes a lounge, kitchen/breakfast room, double bedroom, bathroom and a private rear garden, plus communal off-street parking.
The building is a mid-20th-century brick block in basic condition; the flat is average-sized (471 sq ft) with standard ceiling heights and straightforward finishes. Leasehold terms are workable for investors: 92 years remaining, £10 pa ground rent and an annual service charge of £960. Broadband speeds are fast and local primary and secondary schools rated Good are within easy reach.
Buyers should note material drawbacks: the property sits in a very deprived, hampered neighbourhood within a wider multi-ethnic hardship area, and local amenities reflect that environment. There is a tenant in situ — sale to landlords only — so vacant possession is not available. Crime levels and mobile signal are average. Council tax is very cheap but the location may impact long-term capital growth and lettability to certain tenant types.
This is a clear, income-focused opportunity: low entry price, immediate rent roll, modest running costs, and scope for gradual improvement. Investors should factor neighbourhood challenges and lease length into their valuation and exit plans.
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