Flat 6, Exchange House, New Street, Oakengates, Telford, Shropshire, TF2

HMO situated within Oakengates town centre
Fully licensed with fire alarm system
£55,000 gross income
13 bedrooms, two are currently vacant
Secure car park
Scope to extend and add further rooms

Located just outside the district centre of Oakengates, handy for all the local amenities, including walking distance to the nearest train station, bus routes etc. Oakengtaes Town Centre is within walking distance and offers further amenities including a range of takeaways/restaurants, barbershops and pharmacies. Telford Town Centre is situated approximately 2 miles away offering a range of retail outlets, multi-screen cinema, bowling alley, Ice Rink and mainline railway station.

Exchange House is a 13 bedroom fully licenced HMO with a fire alarm, generating £55,000 gross income. The property has two communal kitchens and most rooms have an en-suite and two rooms share a bathroom.

Exchange House was fully occupied until September 2021, two rooms are currently vacant. The tenants each pay their own electricity (individual meters) and the landlord covers the communal parts. There is scope to extend and add extra rooms subject to planning permission.

The property offers a secure car park.

Directions:
From Greyhound Interchange, proceed toward Oakengates along Station Road, at the first roundabout take the second exit and at the second roundabout take the right turning onto New Street. Bear left onto New Street where Exchange House can be found on the left hand side.