Harwood Shropshire Ltd says ..

Property Oracle says ..

The property is a two-bedroom apartment located in St Georges, Telford, Shropshire. The apartment is part of a modern brick development, as shown in the photographs. The interior photos suggest the property is in good condition, with a modern kitchen and bathroom. The flooring appears to be in good condition, and the overall presentation is clean and well-maintained. The location benefits from proximity to St George’s Church of England Primary School (0.73km), which has an “Outstanding” Ofsted rating. Several other schools are also within a reasonable distance. Transportation links are also good, with Oakengates and Telford Central train stations within easy reach. However, a significant drawback is the lack of land associated with the property; it’s an apartment with no garden. The list price of £124,950 seems relatively low compared to the average house price in the area (£412,056), but this is likely due to the fact it is an apartment and not a house. The average price per square foot in the area is £428, but the provided square footage for this property is 628.15 sqft, which is significantly lower than the area average. The fact that this property is available to landlords only with a long-term tenant in situ also needs to be considered. This suggests a potential rental income stream for investors, but reduces the appeal to owner-occupiers. In summary, the property presents a good opportunity for investors seeking rental income, given its location, condition and price. However, the lack of outdoor space and the fact that it’s only available to landlords with a long-term tenant in situ will limit its appeal to owner-occupiers.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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