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£200,000

30 Eastwood Drive

  • 4 beds
Detached house

£200,000

  • 4 beds
Detached house
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Estimate monthly mortgage payment:

£913 per month

Minimum deposit amount:

£10,000
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Pure Investor are delighted to bring to the market this 4-bed semi-detached property on Eastwood Drive, Telford TF2 7LY. The 4 bedrooms are all doubles and with 3 toilet facilities throughout the property. There is a rear conservatory also to the rear and the garage has been converted to a bedroom making the property a 4 bed. There is currently tenant living in the property who are paying £725pcm. They are on a rolling contract and have been in the property since December 2015.

Reasons to invest in Telford
- Affordable housing market: Telford's housing market offers affordable property prices compared to other major UK cities. This makes it an attractive option for first-time buyers and investors.
- Growing population: Telford has a growing population, which means there is a demand for housing. This can translate to high rental yields and capital appreciation over time.
- Strategic location: Telford is located in the West Midlands, making it easily accessible to major cities like Birmingham, Manchester and Liverpool. This can be a selling point for potential renters or buyers who want to be close to these urban centres but can't afford the higher property prices.
- Developing infrastructure: Telford is undergoing significant infrastructure development, which can lead to increased property values. The town has a new shopping centre, leisure facilities and improved transport links, all of which can make it an attractive place to live or invest.
- Diverse property portfolio: Telford offers a range of property types, including traditional houses, apartments and new build developments. This can provide investors with a diverse portfolio, which can help spread risk and maximise returns.
- Stable economy: Telford has a stable economy with a growing number of business and job opportunities. This can translate to a stable rental market and strong capital appreciation over time.

Invest information
- Full address: 30 Eastwood Drive, Telford TF2 7LY
- Purchase price: £200,000.00
- Semi-detached property
- Tenure: Freehold
- 4 bedrooms
- 2 bathrooms, 3 toilets
- Conservatory extension to the rear
- Garage converted to bedroom
- Parking to the front for 2 cars
- Rental income: £725pcm
- Gross rental income: £8,700 per annum
- Yield per annum: 4.6%
- Expected rental income: £950pcm
- Expected gross rental income: £11,400 per annum
- Expected yield per annum: 5.7%

Your estimated purchase costs

Find out how much it will cost to purchase this property.

Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
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