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Meadowlea, Madeley, Telford

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

419 sq ft

39 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.

Description

A great investment opportunity is on offer with this ground floor apartment in Madeley centre. Having a long term tenant in situ the property currently generates an income of £425 p.c.m.

Comprising in brief of an entrance hall, double bedroom with built in storage, open plan sitting room/kitchen and bathroom.

UPVC double glazing and warmed via gas fired central heating.

Communal parking can be found only a short distance from the property.

Having 82 years left on the lease but the current owners have applied for an extension of 90 years (at the time of writing).

Entrance Hall -

Sitting Room/Kitchen - 5.1m x 4.1m (16'8" x 13'5") -

Bedroom - 4.1m x 2.6m (13'5" x 8'6") -

Bathroom -



Brochures

Meadowlea, Madeley, Telford
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.
Communal
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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Meadowlea, Madeley, Telford

Approximate location

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Affordability

Monthly repayments£352
Property: £ 70,000
Deposit: £ 7,000
Interest rate: 5.33%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About Peter Richardson Estates, Telford

10-12 Hills Lane Drive, Madeley, Telford, TF7 4BP
Industry affiliations:Industry affiliation logo 0

Operating in Shropshire since 2001, Peter Richardsons are the leading independent residential property experts in Telford and the surrounding areas. Our reputation is built on trust, integrity, transparency and, of course, our expertise. As an independent agency you get a personal and bespoke service. We are proud to say that our clients stay with us long term (over twenty years and counting!).

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Disclaimer - Property reference 34722459. 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 Peter Richardson Estates, 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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