1 bed flat for sale in Orient Court, Gresley Close, Telford TF7, £60,000

60,000.00

Offer Nr.:
64468188
Type of ad:
for Sale
Property type:
1 bed flat
Bedrooms:
1
Bathrooms:
1
Reception rooms:
1
Contact name:
Mannleys Sales & Lettings
Phone(s):
01952 476765

* Leasehold
* Investment Opportunity Property Sold with Tenant in Situ - Approximately 11% Yield - £550pcm
* Cash buyers only due to length of current lease
* One Bedroom Ground Floor Apartment
* Established Location with Good Local Amenities
* Open Plan Kitchen/Sitting/Dining Room
* Double Bedroom
* Bathroom
* Allocated Parking
Superb investment opportunity, this one bedroom ground floor apartment is
being sold with tenants in situ giving an approximate yield of 11. 0%, let out
at £550pcm. The property is located in this established location that has good
local amenities and road links. The property briefly comprises entrance porch,
open plan kitchen/sitting/dining room, bedroom and bathroom. The property
benefits from front garden area, double glazing and allocated parking. For
more details contact Mannleys. The property will require cash buyers only as
the apartment currently has 68 Years left on the Lease so purchasers may
struggle to obtain a mortgage on the property. Ground Rent currently £50PA
rising to £150 - Service Charge £877 per annum.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)