Meadowlea, Madeley, Telford, Shropshire
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
Description
Nock Deighton Land and Property Auction
Wednesday 2nd July 2025, 6.00pm
Live Stream Auction – remote bidding available by either telephone, online or by proxy.
89 years remaining on lease.
Guide Price: £65,000
This is an exceptional opportunity for buy-to-let investors and landlords seeking strong returns from a low-entry-point investment.
Offered to auction with a competitive guide price of just £65,000, is this 2-bedroom flat. Whether you are a seasoned landlord expanding your holdings or a new investor looking for a straightforward rental prospect, this property ticks all the boxes for affordability, return, and marketability.
The 2 bedroom flat comprises a well-proportioned double bedroom, a living area, kitchen and bathroom. The flat offers ample scope to modernise or enhance cosmetically, should the buyer wish to increase rental value further.
Its location offers easy access to local amenities including Madeley High Street, transport links, and employment hubs, all of which contribute to consistent rental demand in the area.
Maximise ROI in a strong rental demand area
Telford town centre is approximately 3 miles away and presents numerous departmental stores, leisure facilities and a newly developed large central park and extensive entertainment complex. The property is ideally placed for commuters with excellent transport links to the Telford railway station, whilst offering simple road connections onto the M54, M6 & M1 respectively.
For Sale by Public Auction
Auction Details:
Nock Deighton Land and Property Auction
Wednesday 2nd July 2025, 6.00pm
Live Stream Auction – remote bidding available by either telephone, online or by proxy.
Auction Terms
This property is offered through a traditional auction. Should you view, offer or bid your data will be shared with the Auctioneer, Sheldon Bosley Knight Auctions. The property will unless previously withdrawn, be sold subject to the Special and General Conditions of Sale, which have been settled by the Vendor’s Solicitor and are contained within the Auction Legal Pack. This pack is available to download to registered bidders. Please contact either Nock Deighton or Sheldon Bosley Knight Auctions for details on how to register to bid. The conditions may also be inspected in the Sale Room at the time of the sale but they will not then be read. The purchaser shall be deemed to bid on those terms whether he shall have inspected the Conditions or not.
The sale of this property will take place on the stated date by way of a live, in-room auction and is being sold as Unconditional with a Fixed Fee. Some sellers may consider a pre-auction offer, and the Lot may be sold or withdrawn before the auction.
Binding contracts of sale will be exchanged at the point of sale.
Auction Deposit and Fees
The following deposits and non-refundable auctioneer’s fee apply. These will need to be paid to the auctioneer on exchange of contracts:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Premium of £1,500 inc. VAT
• Search pack of £350 plus VAT (£420 inc VAT).
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Guide Price & Reserve Price
The guide price offers an indication of the price below which the vendor is not willing to sell. It is not necessarily the exact final sale price and is subject to change prior to and up until the day of the auction. Any change in the guide price will reflect a change in the reserve (a figure below which the auctioneer will not be able to sell). The reserve can be expected to be set within the guide range or not more than 10% above a single-figure guide. (RICS Common Auction Conditions 4th Edition).
Plans
Plans shown are for identification purposes only.
Services
Mains electricity, water and drainage connected
Tenure and Possession
The property is leasehold, terms TBC. Tenant in situ.
Bidder Registration and Auction Legal Pack
If you would like to register to bid, please head to the following link:
passport.eigroup.co.uk/bidder-registration/sheldon-bosley-knight/
You can opt to bid online, by telephone or by proxy. You will also be able to download the Auction Legal Pack for the Lot you are interested in here: auctioneertemplates.eigroup.co.uk/guides.aspx?a=1236&c=sbk
The Auction Passport requires you to input the details of your solicitor. If you would like to use our own preferred solicitors, please let us know and I will arrange for a quote to be sent to you.
If this is the first time you have accessed Auction Passport, just press the green button on the left-hand side ‘Click here to sign up for free' to create a new account.
Legal Documents & Additional Costs
It is essential bidders check the legal documents prior to bidding and take professional advice. Special conditions of sale can contain additional costs (that is costs over and above the price the lot is ‘knocked down’ at) and bidders are deemed to be aware of any additional costs prior to bidding.
Viewings
All viewings are by appointment only through Nock Deighton Office Name
Directions
From Ironbridge, head north on Waterloo Street (B4373) towards Madeley. Continue on B4373: Follow the B4373 through the Ironbridge Gorge area. Enter Madeley: As you approach Madeley, continue on the B4373. Turn onto Park Street: In Madeley, turn onto Park Street. Arrive at Meadowlea: Turn onto Meadowlea; number 20 will be on your left
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- 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.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Meadowlea, Madeley, Telford, Shropshire
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Visit our security centre to find out moreDisclaimer - Property reference IBG250109. 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 Nock Deighton, Ironbridge. 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 Nock Deighton, Ironbridge on 01952 458097.
*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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