Here are two cracking investment properties in Telford, which would both give yields of more than 6%.
First up we have 41 Mount Pleasant Drive, near to Telford Town Park and the shopping centre. A mid-terraced two-bedroom house, very neatly presented and ready to rent.
It has an asking price of £102,950 and we think it would achieve a rent of £525 pcm which equates to a 6.1% return.
For more details visit the Nock Deighton website here.
Secondly, we have an excellent spacious top-floor apartment in Delbury Court, Hollinswood, which has been reduced to an asking price of £72,500.
The previous landlord achieved a rent of £425 pcm, which would give a superb yield of 7%. For property details, click here.