• 89 Years Remaining on Lease +
• Upper Floor Without Lift +
• 2 Bedrooms, 1 Reception Room, Family Bathroom +
• Tenant in Situ +
• Great Investment Opportunity +
• Residental Parking +

'89 years remaining on lease. Guide Price: £55,000 This is an exceptional opportunity for buy-to-let investors and landlords seeking strong returns from a low-entry-point investment. Offered to auction with a competitive guide price of just £55,000, is this 2-bedroom flat. Whether you are a seasoned landlord expanding your holdings or a new investor looking for a straightforward rental prospect, this property ticks all the boxes for affordability, return, and marketability. The 2 bedroom flat comprises a well-proportioned double bedroom, a living area, kitchen and bathroom. The flat offers ample scope to modernise or enhance cosmetically, should the buyer wish to increase rental value further. Its location offers easy access to local amenities including Madeley High Street, transport links, and employment hubs, all of which contribute to consistent rental demand in the area. Maximise ROI in a strong rental demand area Telford town centre is approximately 3 miles away and presents numerous departmental stores, leisure facilities and a newly developed large central park and extensive entertainment complex. The property is ideally placed for commuters with excellent transport links to the Telford railway station, whilst offering simple road connections onto the M54, M6 & M1 respectively. Auction Details: Nock Deighton Land and Property Auction Wednesday 17th December, 1.00pm Live Stream Auction – remote bidding available by either telephone, online or by proxy. Auction Terms This property is offered through a traditional auction. Should you view, offer or bid your data will be shared with the Auctioneer, Sheldon Bosley Knight Auctions. The property will unless previously withdrawn, be sold subject to the Special and General Conditions of Sale, which have been settled by the Vendor’s Solicitor and are contained within the Auction Legal Pack. This pack is available to download to registered bidders. Please contact either Nock Deighton or Sheldon Bosley Knight Auctions for details on how to register to bid. The conditions may also be inspected in the Sale Room at the time of the sale but they will not then be read. The purchaser shall be deemed to bid on those terms whether he shall have inspected the Conditions or not. The sale of this property will take place on the stated date by way of a live, in-room auction and is being sold as Unconditional with a Fixed Fee. Some sellers may consider a pre-auction offer, and the Lot may be sold or withdrawn before the auction. Binding contracts of sale will be exchanged at the point of sale. Auction Deposit and Fees. The following deposits and non-refundable auctioneer’s fee apply. These will need to be paid to the auctioneer on exchange of contracts: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Premium of £1,500 inc. VAT • Search pack of £420 inc. VAT There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Guide Price & Reserve Price The guide price offers an indication of the price below which the vendor is not willing to sell. It is not necessarily the exact final sale price and is subject to change prior to and up until the day of the auction. Any change in the guide price will reflect a change in the reserve (a figure below which the auctioneer will not be able to sell). The reserve can be expected to be set within the guide range or not more than 10% above a single-figure guide. (RICS Common Auction Conditions 4th Edition). Plans Plans shown are for identification purposes only. Services: Mains water, drainage and electric heating Tenure and Possession The property and land are freehold. Vacant possession will be given upon completion which is normally 20 working days after the auction (please refer to the Legal Pack for further details). Bidder Registration and Auction Legal Pack If you would like to register to bid, please head to the following link: passport.eigroup.co.uk/bidder-registration/sheldon-bosley-knight/ You can opt to bid online, by telephone or by proxy. You will also be able to download the Auction Legal Pack for the Lot you are interested in here: auctioneertemplates.eigroup.co.uk/guides.aspx?a