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COMMERCIAL

Lodge Court, Donnington Wood, Telford, TF2

Offers Over
£1,550,000
Newton Fallowell, Telford
PROPERTY TYPE

Commercial Property

BEDROOMS

20

BATHROOMS

20

SIZE

Ask agent

Key features

  • Development of 10 Houses
  • Estimated Rents £795 PCM
  • 10x Two Bed Houses
  • Private Gardens
  • Off Road Parking
  • Ideal Investment
  • Freehold Properties
  • Family Bathrooms + Guest Cloakroom
  • Under Refurbishment
  • Viewings by appointment only

Description

Imagine owning your own street ! That is the proposition available at Lodge Court, Donnington. Offered for sale is a development of 10 two bedroom houses with open plan living spaces, guest cloakrooms, private gardens and plenty of off road parking. All properties have been rented out through a private firm for the past 10 years and are currently being refurbished ready for re-let / sale. Estimated rental return £95,400 P/A based on £795 PCM on each property.

EPC rating: A. Tenure: Freehold,

History

Lodge Court was developed back the early 2000's and been rented out for the years to date. The owner is looking to now exit the rental market and is offering all 10 properties to be sold as a bundle to a new investor.

Method of Sale

Our client would prefer a sale based on staged payments for each property every 2-3 months with an exchange to commit to the pricing structure in advance.

Property Descriptions

Every property comprises of two bedrooms, an open plan living space, kitchen area, family bathroom, private garden and off road parking to the front.

Current Condition

Each property is currently in need of refurbishment which the current owner is prepared to complete. The current owner is also happy to discuss terms for taking the development in its current condition.

Anticipated Rents

Current rents suggest that £795 PCM is achievable on each property taking into account the amount of parking, private gardens and size of the properties. There is currently a high rental demand in this area.

VAT

We have been advised that there is no Vat applicable to the sale.

Management Company and Site

Please note that the development currently has no management company, service charge or road maintenance charge as the site has always been owned in its entirity by the current owner.

Lodge Court, Donnington Wood, Telford, TF2

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Oakengates Station1.4 miles
  • Telford Central Station2.0 miles
  • Wellington Station3.6 miles
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About Newton Fallowell, Telford

33 Church Street, Wellington, Telford, TF1 1DG
Newton Fallowell incorporating Goodchilds

Newton Fallowell( incorporating Goodchilds) are an 'award winning agent' based in Wellington, Shropshire. BEST AGENT GUIDE WINNERS 2023 SALES & LETTINGS. Part of a network of 40 + branches,We can also help with Mortgages and Conveyancing. 5* Google Customer Ratings and NFOPP Qualified Staff.

Residential Sales

The market is turning and although tougher than in 2022 we are still achiveing sales at record rates.

Since opening our doors in January 2011, The Award Winning, Newton Fallowell Telford has seen huge success and growth from a cold start up to a thriving estate agency and lettings business. Having just won awards for both Sales and Lettings from the 'BEST ESTATE AGENTS GUIDE 2023' its safe to say that by choosing Newton Fallowell to sell or rent your property you are in safe hands.

Goodchilds are part of the Newton Fallowell Group and our offices space from the East to West Midlands.

In a very competitive market place the branch prides itself in turning difficult property sales where other agents have faltered, into results.

Based in Wellington, Telford, we cover up to as far as Market Drayton in North Telford, to Broseley and Ironbridge in South Telford.

Our close-knit team pride themselves on their commitment to take on any property sales or lettings challenge to get the best possible results for their customers.You only have to read our reviews to see that every client matters!

Rather than seeing ourselves as estate agents, we prefer the term property consultants we they don't just sell houses, but guide the customer right through the sales process from start to finish.

Over the past couple of years on average we have achieved 99.41% of asking price & 91.57% of sales go through first time. This isn't just by luck. Our care and due diligence process mean that when choosing Goodchilds to sell your property, you are instructing a team with experience and the know how to ensure a sale.

What makes us different from the other agents in the area...

When we value your property we use a range of different techniques to give you an honest and accurate valuation of your property. We never over value to get instruction to sell your property. We like to build trust with our clients from the outset.

We work on a completely No Sale No Fee Basis. Unlike other agents we do not charge for professional standard photography, brochures and floor plans. We only feel we should be paid for selling your property if we get the job done.

We are part of a large network of branches with access to large banks of potential purchasers. The shared network is crucial in also helping people move from area to area.

# Video tours included as standard on our listings

# Free professional photography and floorplans

# A tailored advertising campaign on social media

# Advertising across all major property portals

# Accompanied viewings / Professional Viewings

# Access to our 40 branch plus network of appliances

# An agent with brilliant reviews and feedback

# A personal sales negotiator

# A personal sales chaser to ensure your sale goes through the legal process.

Residential Lettings

Residential lettings is a tough old game for Landlords at the moment so why not pop in for a review on your rental property or portfolio. We can see where we can save you money!

Goodchilds formed in 1994 was originally formed to break the mould when it came to Residential Lettings. The former group director fed up of seeing the same old service levels set up create a company that offered a better deal to landlords than competitors. Growing to a 12 branch network with over 2000 managed rental properties, the group was aquired by Newton Fallowell in 2017. Now one of the most well known groups across the Midlands we strive to keep on creating the best possible outcomes for all Landlords and Tenants we serve.

As a Goodchilds landlord you will benefit from the following,..

A free tenant find on every managed property you bring to us for full management. This can save you in excess of the first months rent from the outset saving you money in comparison to our competitiors. 

An agent that is Audited yearly meaning that you can rest assured that we are compliant in all aspects of our work including client money protection, gas, electrical and legionella certificates, financials and government prescibed documents.

Rent Guarantee Protection:- We can offer rent guarantee protection with eviction services included free of charge to give you peace of mind with your property.

We take a guarantor as standard for every property to make sure that you have maximum protection no matter what the tenants situation. 

For your free rental valuation please call us on 01952 701019.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference P1666. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Newton Fallowell, Telford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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