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SOLD STC

Catterick Close, Leegomery, Telford, Shropshire, TF1 6UU

PROPERTY TYPE

Ground Flat

BEDROOMS

1

BATHROOMS

1

SIZE

519 sq ft

48 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 One Bedroom Ground Floor Apartment with Private Garden
  • Established Location with Fantastic Local Amenities
  • Sold with Tenant in Situ Paying £575pcm
  • Spacious Lounge/Dining Room with Access to The Garden
  • Double Bedroom & Bathroom
  • Gas Central Heating & Double Glazing
  • Enclosed Rear Garden
  • Service Charge £521.80 per year & Ground Rent £10.00 per year
  • 102 years remaining on lease
  • EPC RATING - C

Description

Discover an outstanding investment opportunity with this charming one-bedroom ground floor apartment, perfectly situated in the established and highly sought-after area of Leegomery, Shropshire. This property is an ideal acquisition for investors, offered with a reliable tenant already in situ, currently paying £575 per calendar month, ensuring immediate rental yield from day one.

Upon entering, you are greeted by a welcoming and spacious lounge/dining room, designed for comfortable living and entertaining. This bright and airy reception area benefits from direct access to the private rear garden, seamlessly blending indoor and outdoor living. The well-proportioned double bedroom offers a peaceful retreat, complemented by a neatly appointed bathroom.

This apartment boasts modern conveniences including gas central heating and double glazing throughout, contributing to its impressive EPC Rating of C, which signifies good energy efficiency and lower running costs. The property's key feature is its delightful enclosed rear garden, providing a private outdoor space perfect for relaxation or al fresco dining, a rare and highly desirable asset for an apartment.

Leegomery is renowned for its fantastic local amenities, offering residents easy access to a variety of shops, supermarkets, and services. Excellent transport links are readily available, connecting you to Telford town centre and beyond, making commuting straightforward. The area also benefits from proximity to green spaces, providing opportunities for leisurely walks and outdoor activities.

For investors, the financial aspects are equally appealing. The property incurs a service charge of £521.80 per year and a ground rent of just £10.00 per year, making it a cost-effective addition to any portfolio. The secure tenancy provides peace of mind and a consistent income stream.

This ground floor apartment represents a compelling proposition for those looking to expand their property investments or enter the buy-to-let market with a ready-made income. Its desirable location, private outdoor space, and established tenancy make it a truly unique offering.

Viewings are highly recommended to fully appreciate the property's potential and its attractive features. All measurements are approximate and for guidance purposes only. These particulars do not constitute an offer or contract, nor part of one. The descriptions provided are intended as a general guide and do not form part of any contract. Prospective purchasers are advised to check the measurements and details themselves.
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.
Allocated
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.
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Catterick Close, Leegomery, Telford, Shropshire, TF1 6UU

Approximate location

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Affordability

Monthly repayments£452
Property: £ 90,000
Deposit: £ 9,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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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.

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Disclaimer - Property reference MNN_WLL_LFSYCL_910_1035425121. 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.

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