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Snedshill Way, Snedshill, Telford, Shropshire, TF2 9QQ

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

1

SIZE

734 sq ft

68 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Floorplan 1
1

Key features

  • Attention this spacious and well-presented two bedroom first floor apartment offers a fantastic option for investors
  • Breakfast Kitchen
  • Good-Sized Lounge
  • Family Bathroom
  • Lease - 125 years from 13 May 2002
  • Ground Rent Approx £10 per annum
  • Service Charge Approx £600 per annum
  • Gas Central Heating
  • Achieving £700 PCM giving an annual yield of approx 7.8%

Description

Attention all investors! This spacious and beautifully presented two-bedroom first floor apartment in Snedshill Way, Telford, presents a golden opportunity to add another gem to your property portfolio.

Step inside and be impressed with the abundance of space and natural light that floods every corner of this delightful apartment. The well-designed layout ensures that every room is utilised to its full potential.

The heart of this apartment lies in its impressive breakfast kitchen, where you can brew your morning coffee while enjoying views of the surrounding neighborhood. The kitchen offers ample storage space for all your culinary needs, allowing you to unleash your inner chef and prepare delicious meals for family and friends.

The good-sized lounge offers a warm and inviting ambiance, perfect for unwinding after a long day. Whether you choose to curl up on the sofa, binge-watch your favorite TV series, or host delightful gatherings, this versatile space caters to your every mood.

The family bathroom boasts functionality and style, featuring modern fixtures and fittings, allowing you to enjoy a long relaxing soak in the tub or refreshing showers.

With a lease of 125 years, you can rest assured that your investment is secure and will continue to provide income for years to come. The low ground rent of approximately £10 per annum adds to the appeal, making this apartment an affordable investment option.

Worried about maintenance hassles? Fret not! The manageable service charge of approximately £600 per annum covers the day-to-day tasks, ensuring that you can sit back and relax while your investment grows.

Say goodbye to chilly winter nights with the added luxury of gas central heating. Stay warm and cozy throughout the seasons without worrying about soaring energy bills.

Investing in this opportunity brings more than just a comfortable home - it guarantees a remarkable annual yield of approximately 7.8%. With a current monthly rental income of £700 PCM, this apartment proves to be a financially sound choice.

Not only is this apartment a lucrative investment option, but it also offers proximity to a host of local amenities and attractions. The vibrant neighborhood of Snedshill Way provides easy access to schools, shops, restaurants, and transportation links, making it an ideal location for both professionals and families alike.

In conclusion, this spacious two-bedroom apartment in Snedshill Way, Telford, presents an ideal investment opportunity. With its modern features, pleasing aesthetics, secure lease, low ground rent, manageable service charge, gas central heating, and attractive rental yield of approximately 7.8%, this property ticks all the boxes for a smart investment choice. Don't miss out - seize the opportunity today!

Lease - 125 years from 13 May 2002
Ground Rent Approx £10 per annum
Service Charge Approx £600 per annum
Achieving £700 PCM giving an annual yield of approx 7.8%
All details supplied by the seller February 2025

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.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Snedshill Way, Snedshill, Telford, Shropshire, TF2 9QQ

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About 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.

Your mortgage

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%
Choose between 1 and 40 years
Years
%
Monthly repayments
£497
We think you can borrow up to
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Disclaimer - Property reference MNN_WLL_LFSYCL_910_1035396047. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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