Summary - 50 JOHNSTON ROAD DAWLEY TELFORD TF4 2DF
3 bed 1 bath Apartment
Income-producing investment with renovation upside and auction sale terms.
- Three-bedroom ground-floor flat with private rear garden
- Currently tenanted at £750 pcm (tenant-in-situ)
- Sold by modern auction; reservation fee applies on purchase
- Requires renovation and cosmetic updating throughout
- Leasehold: 98 years remaining, ground rent £10 pa
- Service charge £270 pa (below average)
- Property classed as non-traditional "Wates" construction — check mortgageability
- Located in a very deprived area with high local crime rates
This three-bedroom ground-floor flat on Johnston Road is a clear buy-to-let or starter renovation opportunity. It is offered with no upward chain and currently let at £750pcm, providing immediate rental income while you plan improvements. The unit includes a lounge, fitted kitchen, bathroom with separate W/C and a private enclosed rear garden with a storage shed.
The property requires renovation and cosmetic updating throughout; internal images show dated, unkempt finishes and low natural light in parts. It is a leasehold with 98 years remaining, low ground rent (£10pa) and a below-average service charge (£270pa). It is being sold by modern auction — be aware of the non-refundable reservation fee (4.5% of purchase price, minimum fee applies) and the 56-day reservation completion period.
Important buyer cautions: the property is described as a non-traditional “Wates” construction — prospective purchasers should check mortgageability with lenders. The flat sits in a very deprived area with high local crime rates, which may affect resale and lettings. Broadband and mobile signal are good, and communal parking is available.
For investors or hands-on buyers, this flat offers scope to add value through refurbishment, secure rental income immediately, and benefits from low ongoing charges. For mortgage-dependent buyers, confirm lender acceptance given the construction type and planned auction purchase process before bidding.
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