48 & 52 Johnston Road
Guide price £165,000 Freehold

Exceptional investment opportunity awaits at the upcoming auction – the Freehold sale of 46, 48, 50 & 52 Johnston Road, Dawley, Telford, TF4 2DF. Included in this unique offering are three 3-bedroom apartments, each currently tenanted at £550pcm, generating a monthly income of £1650pcm and an impressive potential yield of 11%.

1 x 3 bed ground floor flat at 46 Johnston Road - 99 year Lease from 11th Nov 2013. However, the freehold is being included in the sale.

1 x 3 bed first floor flat at 48 Johnston Road

1 x 3 bed first floor flat at 52 Johnston Road

All properties feature a well-designed layout comprising a kitchen, lounge/dining room, three bedrooms, and a bathroom. Each apartment is equipped with gas central heating, double glazing, and private garden space.

It is crucial for potential buyers to note that these properties are considered to have a non-traditional construction, falling under the "Wates" house classification. Therefore, we recommend that interested purchasers conduct their own inquiries with mortgage lenders to determine the property's eligibility for mortgage purposes before participating in the auction. Don't miss this distinctive opportunity to secure a potentially high-yielding investment.

The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.