* Freehold
**For sale by auction on Thursday, 14 Sep 2023 at 12: 00**
**Venue: Livestream**
A great investment opportunity to purchase a one bedroom flat with tenant in
situ, situated in a well established residential location which provides a car
park with allocated parking and communal gardens.
In brief, an entrance hallway, lounge, double bedroom, fully - fitted kitchen
and bathroom. The flat also includes an allocated parking space.
Currently being rented out at £425PCM.
Lease term: 99 years from 21st January 2013{tab}
Yearly service charge: £750. 00
Yearly ground rent: £10. 00
Gross annual yield: Circa 11%
The property is situated within the outskirts of Telford. Telford Town Centre
is less than 3 miles and offers an array of shops, restaurants and leisure
facilities as well as Telford Central railway station and connection on to the
M54.
Internal photographs and floorplan to be added shortly.
**EPC Rating: C**
**Additional Fees**
Buyers Premium: £1200 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable
by the purchaser on completion.
**Price Information**
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
**Additional Fees Information**
Please be aware there may be additional fees payable on top of the final sale
price. This includes and are not limited to administration charges and buyer's
premium fees payable on exchange, and disbursements payable on completion.
Please ensure you check the property information page for a list of any
relevant additional fees as well as reading the legal pack for any
disbursements.

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