Ref: Lot 2
Investment Opportunity in Orleton Lane, Telford - Ground Floor 1-Bedroom Flat for Sale Are you looking for the perfect investment opportunity in Orleton Lane, Telford? Look no further! This vacant ground floor 1-bedroom flat is available for sale by unconditional online auction. With the potential to earn a rental income of £600 per calendar month, this property is a great chance to expand your investment portfolio. The flat is in need of refurbishment, providing you with the opportunity to put your personal touch on it and enhance its market value. LEASE DETAILS TBC
The flat features a spacious lounge, providing ample space for relaxing and entertaining. The kitchen offers the perfect space to unleash your culinary skills and create delicious meals. The bedroom is cozy and comfortable, offering a peaceful retreat after a long day. The flat also includes a convenient shower room, ensuring your everyday needs are met. One of the key advantages of this flat is its location - within walking distance to Wellington Town Centre. You'll have access to a wide range of local amenities, including shops, restaurants, and entertainment options. The property also offers allocated parking, ensuring you always have a dedicated space for your vehicle. Stay comfortable throughout the year with the property's gas central heating and double glazing, providing warmth and insulation. The energy performance certificate (EPC) rating is currently to be confirmed (TBC). Don't miss out on this incredible investment opportunity in Orleton Lane, Telford! With its potential for high rental income and prime location, it's a smart choice for any investor. Whether you're looking to expand your portfolio or make your first investment, this ground floor 1-bedroom flat offers immense potential.
Leasehold
* Plus 5% Buyers Premium + VAT
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.
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.
A
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
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