Three-bedroom family home with tenant in situ

The property is currently let at £1000 per calendar month (£12,000 per annum) to an established tenant. Based on a guide price of £140,000, the investment provides a current gross yield of 8.57% (based on £12,000 per annum). The accommodation briefly comprises an entrance hall, living room, fitted kitchen/dining area, three bedrooms and a family bathroom. Externally, the property benefits from front and rear gardens and is situated within a popular established residential location. Teagues Crescent is located within the established residential district of Trench, approximately three miles north of Telford Town Centre. The area is particularly popular with families and tenants due to its excellent range of everyday amenities and convenient transport links. Within walking distance are local convenience stores, supermarkets, schools and healthcare facilities, while the nearby Oakengates district offers further shopping, leisure facilities and a railway station providing connections to Shrewsbury, Wolverhampton and Birmingham. The property is also well placed for access to the A442 Queensway and the M54 motorway, making it an attractive location for commuters. Nearby amenities include local convenience shopping within the Trench neighbourhood, Teagues Bridge Primary School and several other well-regarded primary and secondary schools nearby, Oakengates Railway Station approximately 1 mile away, Telford Town Centre offering extensive retail, employment and leisure opportunities, and excellent road links via the A442 and M54 motorway network.