Lodge Court, Donnington Wood, Telford, TF2
- PROPERTY TYPE
Detached
- BEDROOMS
16
- BATHROOMS
8
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Development of 8 Houses
- For Sale Via Private Treaty, Not Auction
- 8x Two Bed Houses
- In Need of Renovation
- Off Road Parking
- Ideal Investment
- Freehold Properties
- Fantastic Opportunity
- Rental Values Est £800 PCM
- VIEWINGS BY APPOINTMENT ONLY
Description
An extrordinary opportunity to purchase a lot of 8 houses in Lodge Court, Donnington. For sale via Private Treaty at offers over £920,000. Each property requires some modernisation but offer a great investment opportunity. Estimated Rental Values of £800+ PCM. Two further properties on this development are also available at auction with our partners SDL. Please ask for more information.
Please copy and paste the above link into your browser to see the auction listing and register to bid.
The current owner constructed these properties circa 20 years ago and is now looking to offload. Each house is on an individual title whilst the main drive and parking area is also on a separate title. 8 Houses and the parking area are included in this Lot.
Property Condition
1 Property is ready for immediate re-let. 3 properties are currently occupied with tenants having been served notice. 7 of the 8 houses will require refurbishment.
Rental
We have been advised and seen evidence of an offer of a 5 year deal to take all 8 houses at a rent of £850 PCM on a 5 year deal. Normal market value expected is £800 PCM. The houses must be renovated to rental specification to be able to allow the assisted living company to take a 5 year lease.
This development would make an excellent assisted living development being tucked away in a quiet residential location with only a couple of neighbours surrounding. The site would also offer a great return on investment to buy to let investors.
EPC rating: A. Tenure: Freehold,
- 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.
- Off street,Private
- GARDENA property has access to an outdoor space, which could be private or shared.
- Private garden
- 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
Energy performance certificate - ask agent
Lodge Court, Donnington Wood, Telford, TF2
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Visit our security centre to find out moreDisclaimer - Property reference P2046. 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.
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 Newton Fallowell, Telford on 01952 457041.
*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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