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The Parade, Donnington, Telford, Shropshire, TF2 8EQ

PROPERTY TYPE

Apartment

BEDROOMS

6

BATHROOMS

2

SIZE

982 sq ft

91 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.

Key features

  • Investment Opportunity For Sale By Unconditional Online Auction
  • Two Spacious Three Bedroom Maisonettes Both Tenanted @ £800pcm
  • Established Location with Great Local Amenities
  • Each Property Comprises Kitchen & Lounge & Three Bedrooms & Bathroom
  • EPC RATINGS - D
  • Potential Yield Approximatley 10.6%
  • For More Details Contact Mannleys

Description

Guide Price £162,000 * Plus 5% Buyers Premium + VAT
For sale by unconditional online auction.

1 x 3 bed maisonette -12 The Parade - £800pcm

1 x 3 bed maisonette - 14 The Parade - £800pcm

Investment Opportunity Two Tenanted 3 Bedroom maisonettes for Sale in Telford!

Are you looking for a lucrative investment opportunity in the thriving property market? Look no further! Presenting two spacious three-bedroom maisonettes for sale, conveniently located in The Parade, Donnington, Telford. Don't miss this chance to secure an excellent long-term investment with great potential returns.

Situated in an established location with fantastic local amenities, this property offers the perfect blend of convenience and comfort. Each flat features bathroom, reception room, providing ample space for residents to relax and unwind. They are both currently tenanted, generating a combined monthly rental income of £800pcm for each maisonette.

Each property boasts a modern layout, comprising a spacious kitchen, lounge, three bedrooms, and a bathroom. The well-designed floor plan ensures an ideal living environment for tenants, making these flats highly desirable and easy to let. With an EPC rating of D, the energy efficiency of the property is excellent, further adding value for prospective buyers.

This investment opportunity is not to be missed, as the Telford property market continues to soar. With the potential to earn a substantial passive income, these fully tenanted flats are an investor's dream. Furthermore, Telford is renowned for its excellent transport links, educational institutions, and array of local amenities, making it an attractive location for tenants.

Whether you are an experienced investor looking to expand your property portfolio or a first-time buyer interested in starting your investment journey, these two six-bedroom flats offer the ideal opportunity to generate impressive rental yields and long-term capital growth.

For more information on this exclusive investment opportunity, get in touch with Mannleys today. Our expert team will provide you with detailed insights, arranging viewings and assisting you in every step of the buying process. Don't delay – seize this chance to secure a promising investment in the ever-growing property market in Telford. Contact Mannleys now!- Please not internal photos showed are of 12 The Parade.

Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS via Town & Country. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
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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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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The Parade, Donnington, Telford, Shropshire, TF2 8EQ

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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

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£754
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference MNN_WLL_LFSYCL_910_1035388703. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Mannleys Sales & Lettings, Telford on 01952 458131.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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