The Ridings, Telford TF7 2 bed block of apartments for sale

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The Ridings, Telford TF7 2 bed block of apartments for sale

Rough Park House, The Ridings, Telford, Telford and Wrekin, TF7 5RA
£430,000

Price History

Initial price £450,000
22/02/25 £430,000
Price Change -4.44%

Description

This is an exciting investment opportunity, as a substantially renovated historic building is being sold by online public auction on February 26th, 2025. The property has been converted into five individual apartments, comprising three 2-bedroom and two 1-bedroom flats, each with its own EPC with a C Rating. The renovation is largely complete, with final fixings ready to be finished by the new owner. The vendor estimates potential rental income of around £45,000 per annum, making it an attractive proposition for investors. The property is being sold freehold, and the vendor will consider pre-auction offers in excess of the guide price of £430,000.