
Gurdev Chapel Apartments, Chapel Terrace, Wrockwardine

- PROPERTY TYPE
Apartment
- BEDROOMS
14
- BATHROOMS
8
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Fantastic Freehold Investment Opportunity - Six Stunning Executive Apartments (two x 3 beds & four x2 beds)
- Popular Established Location with Excellent Local Amenities & Road Links
- Approximate Yield Currently 6.8% ( current rent role £61,740 pa )
- Lovely Open Plan Kitchen/Dining/Sitting Rooms to all apartments
- Allocated Parking for each Apartment
- Kitchens with Integrated Appliances
- Stunning Character & Period Features Through Out
- For More Details Contact Mannleys
- EPC RATINGS - 3 x D Rating & 3 x E Rating
Description
Currently generating a robust rental income of £61,740 per annum, this investment delivers an approximate yield of 6.8%, providing a compelling return on investment. The properties are offered for sale at Offers In Region Of (OIRO) £895,000, representing excellent value for a portfolio of this calibre.
Each of the six apartments has been thoughtfully designed to cater to modern living, featuring lovely open-plan kitchen/dining/sitting rooms that create bright and inviting communal spaces. The kitchens are well-appointed with integrated appliances, ensuring a seamless and contemporary living experience for tenants. Furthermore, the development retains stunning character and period features throughout, adding a unique charm and appeal that sets these apartments apart from standard offerings.
Convenience is paramount, with each apartment benefiting from allocated parking, a highly sought-after amenity in today's rental market. The location itself is a significant draw, offering excellent local amenities within easy reach, including shops, schools, and recreational facilities. Superb road links provide effortless access to surrounding towns and major transport networks, enhancing the desirability of the location for a wide range of tenants.
This investment is not just about the immediate returns; it's about securing a long-term asset in a thriving community. The established nature of Wrockwardine Wood ensures consistent demand for quality rental properties, making Gurdev Chapel Apartments a stable and lucrative addition to any property portfolio. The diverse mix of two and three-bedroom units broadens the potential tenant base, from young professionals to small families, ensuring high occupancy rates.
For those considering the energy efficiency of the properties, it is important to note the EPC ratings: three apartments hold a D rating, and three hold an E rating. While these ratings are provided for transparency, the overall appeal of the investment, driven by its strong yield, desirable location, and quality of accommodation, remains exceptionally high.
This is a rare chance to acquire a substantial, income-generating asset with a proven track record. The meticulous presentation of each apartment, coupled with the strategic location and attractive yield, positions Gurdev Chapel Apartments as a premier investment opportunity in the current market. Early viewing is highly recommended to fully appreciate the scope and potential of this exceptional offering. For more detailed information and to arrange a viewing, please contact Mannleys, your dedicated estate agent.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Garage
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Gurdev Chapel Apartments, Chapel Terrace, Wrockwardine
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Visit our security centre to find out moreDisclaimer - Property reference MNN_WLL_LFSYCL_910_1035427512. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Mannleys Sales & Lettings, Telford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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