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2 Bed Flat, Single Let, Telford, TF1 2BF £119,500

Moorhouse Close, Wellington, Telford, Shropshire, TF1 2BF - a year ago
  1. Deal Search
  2. Telford
  3. TF1
  4. TF1 2BF
Leasehold
BTL
ROI: 2%
~60 m²

ValuationFair Value

This may not be accurate, please check manually.

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Links

  • More Deals in Telford
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Property History

Price changed to £119,500

May 23, 2025

Price changed to £122,500

March 28, 2025

Listed for £125,000

September 19, 2024

Floor Plans

Description

  • Investment Opportunity - Being Sold with Tenants in Situ- Top Floor Two Bedroom Apartment +
  • Popular Residential Location with fantastic Local Amenities +
  • Open Plan Kitchen/Dining/Sitting Room with Juliet Balcony +
  • Main Bedroom with En-Suite Shower +
  • Guest Double Bedroom +
  • Bathroom +
  • Current Rental of £650pcm (Approx Yield 6.24%) +
  • Gas Central Heating & Double Glazing +
  • Allocated Parking +
  • EPC RATING -C +

Investment Opportunity Top Floor 2-Bedroom Apartment with Tenants in Situ in Popular Location

Introduction Welcome to Moorhouse Close, Wellington, where an exceptional investment opportunity awaits you. This top floor, 2-bedroom apartment is perfectly situated in a popular residential area, offering not only a comfortable living space but also a reliable tenant already in place. Whether you are a seasoned investor or seeking your first venture, this property is well worth your consideration.

Location Set in the sought-after Moorhouse Close, this apartment benefits from a fantastic location. Telford provides a vibrant and thriving community with an array of amenities, ensuring you have everything you need at your doorstep. With excellent transport links, schools, shopping centres, and recreational options close by, this area is highly desirable for tenants, ensuring a reliable rental income.

Living Space Step into this spacious apartment and feel immediately at home. The open plan kitchen, dining, and sitting room make for a seamless living experience, complete with a Juliet balcony to let in natural light and fresh air. The well-appointed kitchen is perfect for preparing your favourite meals or entertaining guests.

Bedrooms and Bathrooms The main bedroom boasts an en-suite shower, offering maximum privacy and convenience. The guest double bedroom is spacious and bright, providing an ideal haven for family members or visitors. The adjacent bathroom is modern and well-maintained, catering to your everyday needs.

Tenant Advantage Investing in a property with tenants already in situ is a smart move. With this apartment, you can benefit from an immediate, hassle-free rental income. Currently tenanted at £650 per month, the return on investment is impressive. Rest assured, with reliable and responsible tenants in place, you can sit back and enjoy a stress-free ownership experience.

Additional Features This apartment is complete with gas central heating and double glazing, ensuring year-round comfort and energy efficiency. Allocated parking eliminates the hassle of finding a parking space. The EPC rating of C reflects the property's environmental impact, demonstrating its commitment to sustainability.

Conclusion Investing in this top floor, 2-bedroom apartment with tenants in situ is an opportunity not to be missed. Located in the popular Moorhouse Close, Telford, with excellent local amenities, this property offers the perfect blend of comfort, convenience, and profitability. The reliable rental income, combined with the apartment's appealing features, guarantees a wise investment choice. Don't delay; schedule your viewing today and maximize your investment potential.

Leasehold -125 Years from Jane 2005 - Ground Rent £150 per annum - Service Charge £1,000 per annum - All information supplied by seller 30.08.24.

Agent Details

Mannleys Sales & Lettings, Telford

01952 458131

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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