House for sale

Oakengates, Trench Lock

3 bedrooms

166.611 €

Listed Aug 11, 2026

About this listing

For sale by Online Auction - 28th of October 2026. A well-presented three-bedroom family home offered for sale with a tenant in situ, providing an excellent opportunity for buy-to-let investors seeking an immediate income-producing asset with future rental growth potential. Description The property is currently let at £1000 per calendar month (£12,000 per annum) to an established tenant. Based on a guide price of £140,000, the investment provides: Current Gross Yield: : 8.57% (based on £12,000 per annum) The accommodation briefly comprises an entrance hall, living room, fitted kitchen/dining area, three bedrooms and a family bathroom. Externally, the property benefits from front and rear gardens and is situated within a popular established residential location. Location Teagues Crescent is located within the established residential district of Trench, approximately three miles north of Telford Town Centre. The area is particularly popular with families and tenants due to its excellent range of everyday amenities and convenient transport links. Within walking distance are local convenience stores, supermarkets, schools and healthcare facilities, while the nearby Oakengates district offers further shopping, leisure facilities and a railway station providing connections to Shrewsbury, Wolverhampton and Birmingham. The property is also well placed for access to the A442 Queensway and the M54 motorway, making it an attractive location for commuters. Nearby amenities include: Local convenience shopping within the Trench neighbourhood. Teagues Bridge Primary School and several other well-regarded primary and secondary schools nearby. Oakengates Railway Station approximately 1 mile away. Telford Town Centre offering extensive retail, leisure and employment opportunities. Excellent road links via the A442 and M54 motorway network. Tenure Freehold Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk. Auction Information. To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk. UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated). Pre Auction Offers Are Considered The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us. Special Conditions Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

What's included

Garden

Location

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Listed on

Rightmove

166.611 €