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SOLD STC

Redlands Road, Telford

Key features

  • Investment Opportunity - Tenanted at £650 pcm
  • Stunning top Floor Apartment with Potential For Extension
  • Superb Open PLan Kitchen/Dining/Sitting Room with Far Reaching Views
  • Master Bedroom with en-Suite Shower
  • Guest Bedroom & Family Bathroom
  • Entrance Hallway & Useful Large Entrance Hallway
  • Allocated Parking
  • Electric Heating
  • Yield of Approximateley 6.78%
  • Great views over the local area

Property description

** IDEAL INVESTMENT OPPORTUNITY GIVING A YIELD OF 6.78% **
Superb investment opportunity this spacious two double bedroom top floor apartment currently tenanted at £650 pcm giving a yield of approximately 6.78%. The apartment comprises a useful large reception entrance hallway, master bedroom with en-suite shower, guest bedroom, bathroom and a superb open plan lounge/kitchen/dining room. The apartment has many unique features and enjoys stunning far reaching views, the apartment benefits from electric storage heating, double glazing, allocated parking and planning approval was passed to create an additional reception room or bedroom in the space above the Lounge outline planning had been granted and has now lapsed and would need to be re obtained if required.
Service charge £800-850 per annum. Ground rent £125 per annum. Lease began with 999 years starting from 2005. Information has been provided to us by our vendor.

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Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

For details of the leasehold, including the length of lease, annual service charge and ground rent, please contact the agent

Energy Performance CertificatesA document confirming the energy efficiency rating of the property.Read more about epc in our glossary page.

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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Redlands Road, Telford

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Oakengates Station1.4 miles
  • Wellington Station1.8 miles
  • Telford Central Station2.2 miles
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About the agent

Mannleys Sales & Lettings, Telford

23A Market Street, Wellington, Telford, TF1 1DT

Introducing MANNLEYS Sales and Lettings, we offer a fresh approach to the property world. Our vastly experienced team of enthusiastic property professionals have outstanding knowledge of Residential Sales, Lettings, Residential Land/Developments and Property Management.

As a newly established independent local agency we have a single vision : To provide exceptional first class service for each and every client.

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Disclaimer - Property reference 8467936. 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 Mannleys Sales & Lettings, 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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