12A and 14A The Parade, Donnington, Telford, Telford and Wrekin, TF2 8EQ

Ref: Lot 34

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Town & Country Property Auctions Cheshire, Shropshire & Staffordshire
Town & Country Property Auctions Cheshire, Shropshire & Staffordshire

Unconditional (Buyer's Premium)


UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Description

Fantastic investment Opportunity to acquire Two Tenanted 3 Bedroom maisonettes for Sale by auction in Telford!

Are you looking for a lucrative investment opportunity in the thriving property market? Look no further!

Presenting two spacious three-bedroom maisonettes for sale, conveniently located in The Parade, Donnington, Telford.

Don't miss this chance to secure an excellent long-term investment with great potential returns. Situated in an established location with fantastic local amenities, this property offers the perfect blend of convenience and comfort.

Each flat features bathroom, reception room, providing ample space for residents to relax and unwind. They are both currently tenanted, generating an excellent monthly rental income of £800pcm for each maisonette.

Each property boasts a modern layout, comprising a spacious kitchen, lounge, three bedrooms, and a bathroom. The well-designed floor plan ensures an ideal living environment for tenants, making these flats highly desirable and easy to let.

With an EPC rating of D, the energy efficiency of the property is excellent, further adding value for prospective buyers. This investment opportunity is not to be missed, as the Telford property market continues to soar.

With the potential to earn a substantial passive income, these fully tenanted flats are an investor's dream. Furthermore, Telford is renowned for its excellent transport links, educational institutions, and array of local amenities, making it an attractive location for tenants.

Whether you are an experienced investor looking to expand your property portfolio or a first-time buyer interested in starting your investment journey, these two six-bedroom flats offer the ideal opportunity to generate impressive rental yields and long-term capital growth.

For more information on this exclusive investment opportunity, get in touch with Town & Country Property Auctions today. Our expert team will provide you with detailed insights, arranging viewings and assisting you in every step of the buying process. Don't delay – seize this chance to secure a promising investment in the ever-growing property market in Telford.

Buyers Premium

* Plus 5% Buyers Premium + VAT

Pre Auction Offers Are Considered

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.

Special Conditions

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.

Key Feature 1

2X THREE BEDROOM MAISONETTES

Key Feature 2

1 x 3 bed maisonette - 14 The Parade - £800pcm

Key Feature 3

1 x 3 bed maisonette -12 The Parade - £800pcm


* 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.

Viewing: Due to the nature and condition of auction properties, the auctioneers highlight the potential risk that viewing such property carries and advise all to proceed with caution and take necessary requirements to ensure their own safety whist viewing any lots offered. Viewings are conducted entirely at the potential buyers own risk, these properties are not owned or controlled by Town & Country Property Auctions and the auctioneers will not be held liable for loss or injury caused while viewing or accessing the lot. Due to the nature of some auction properties, electricity may not be turned on, therefore viewing times are restricted. Viewers will need to bring their own lighting/ ladders if wanting to inspect cupboards, cellars and roof spaces. Some viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Town & Country Property Auctions will not be liable for any costs or losses incurred due to viewing cancellations or no shows.

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