Landlords only
Modern development
Barn conversion situated within Madeley
Tenants in situ - 4.9% yield
Living room
Kitchen/diner
Two bedrooms
Family bathroom
This converted barn forms part of the King Charles Barns development where King Charles II hid after his escape from the Battle of Worcester. The property is situated within a private shared courtyard approximately 300 metres from the regenerated town centre of Madeley, which is an old market town first mentioned in the Doomsday Book and enjoying all amenities including schools, doctors, dentists, leisure centre with dry Ski slope, new shops, offices and recently opened Tesco supermarket.
Approximately 5 miles from Telford with leisure facilities, departmental stores, retail parks, railway station and access to the M54 motorway link road leading to the main motorway network. Approx. one mile from the historical town of Ironbridge, famous for the World's first iron bridge erected in 1779 and designated a World Heritage Site.
13 King Charles Barns is a two bedroom barn conversion aimed at landlords only as there are currently tenants in situ paying £620.00 pcm (to be increased to £675.00 on 01/08/22) which will offers a yield of 4.9%.
Accommodation comprises open plan living room and kitchen/diner.
To the first floor are two bedrooms plus a family bathroom.
Lease - 985 years remaining
Ground rent - £20.00 per anum
Management charge - £110.00 per anum
Direction:
From the Ironbridge Office proceed up Madeley Hill to Lees Farm roundabout, take the third turning off into Ironbridge Road, follow this road onto a small dimple island turning right into Church Road and proceed along this road for a short distance where you will see signs on the corner of the development. The entrance to the parking area is off Upper Road.
