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1 bedroom ground floor flat for sale

Orient Court, Gresley Close, Madeley, Telford, Shropshire

Sold STC £54,950

Property Description

Key features

  • Bedroom
  • Bathroom
  • Open plan lounge/kitchen
  • Lawned fore garden
  • Sealed unit double glazing
  • Electric heating

Full description

Tenure: Leasehold

3 Orient Court is an ideal investment opportunity where the owner is achieving £380pcm in rent totalling an annual income of £4560 - a yield of 8.3%.

The property consists of an open kitchen and lounge area, a bathroom with toilet, sink and bath, and a double bedroom. It is conveniently located close to local amenities,

Madeley is an old market town first mentioned in the Doomsday Book and enjoying all amenities including shop, supermarkets, schools, doctors, dentists, leisure centre with dry Ski slope. It is approximately five miles from Telford with its range of leisure facilities, departmental stores, retail parks, railway station and access to the M54 motorway link road leading to the main motorway network.

Please note that this property is leasehold. We understand there to be a service charge of around £600pa which includes building insurance and a ground rent of £25 payable every 6 months. There is 99 year lease in place with approximately 75 years remaining.

Directions From Telford town centre proceed South along A442 Queensway to Castlefields roundabout, take 1st exit onto Castlefields Way. Continue straight over traffic lights up to Park Way roundabout and proceed straight over along Park Way. At Lees Farm roundabout take 3rd exit onto Ironbridge Road, continue down hill, turn right at traffic lights into Woodside Avenue until you reach the roundabout, turn left into Newcomen Way, then right into Stanier Drive. Orient Court is on left and the property can be found by following the numbers.

Property ref: 121_555_973581

More information from this agent

Listing History

Added on Rightmove:
01 July 2016


Externally hosted floorplan

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