Shropshire Star

Your chance to buy an entire neighbourhood with Telford street of 10 homes up for sale for £1.5m

Ever fancied buying a whole street to call your own? All 10 homes on this road could be yours for just over £1.5m.

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An entire development of 10 homes in Donnington Wood, Telford, is currently on the market for offers over £1,550,000.

Each of the two-bedroom homes on Lodge Court comes with open-plan living spaces, private gardens and off-road parking.

According to the listing on Rightmove, the properties have been rented out through a private firm for the last ten years and are currently being refurbished. 

Photo: Newton Fallowell/Rightmove
Photo: Newton Fallowell/Rightmove

The agents, Newton Fallowell, state the estimated rental return on the homes is £95,400 a year - based on £795 per month for each property.

The listing states: "Lodge Court was developed back in the early 2000s and been rented out for the years to date. The owner is looking to now exit the rental market and is offering all 10 properties to be sold as a bundle to a new investor. 

"Each property is currently in need of refurbishment which the current owner is prepared to complete. The current owner is also happy to discuss terms for taking the development in its current condition.

Photo: Newton Fallowell/Rightmove
Photo: Newton Fallowell/Rightmove

"Current rents suggest that £795 PCM is achievable on each property taking into account the amount of parking, private gardens and size of the properties. There is currently a high rental demand in this area."

The listing is available to view online at rightmove.co.uk/properties/145642508.