This property has been taken off the market.

2 Bed Flat For Sale Moorhouse Close, Telford, TF1

£115,000- Flat

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Last Updated: 4th March 2024

Description

*NO UPWARD CHAIN* *CALLING ALL INVESTORS* With a yield of 7.3%, Coleman Estates are pleased to offer this two double bedroom modern first floor apartment within easy walking distance to Wellington centre. Sold with tenant in situ, the apartment consists of entrance hall, two double bedrooms, and two bathrooms consisting of main bathroom with bath and en-suite shower room to master bedroom. Open plan living area with fitted kitchen. Situated within a secure block with intercom entry, the property also has allocated parking. Moorhouse Close is perfectly positioned for access to excellent local amenities including local shops, a short walk or drive to Wellington Town Centre and Morrison's supermarket. There are also excellent transport links including the M54 offering excellent commuting prospects. Viewing is highly advised.
The tenant is currently paying £700 per calendar month.
Please note there are approx.. 107 years left on the lease. Ground rent is £105 per annum and Service charge is £900 per annum.
Agent Details
Coleman Estates
25, Church Street, Telford, TF1 1DG
Show Contact Number
01952 244 990

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested