Summary - 33 Moorhouse Close, Wellington TF1 2BF
2 bed 1 bath Flat
Two-bedroom rental with immediate income in amenity-rich Telford.
Tenanted top-floor two-bed — immediate rental income
Open-plan kitchen/living room with Juliet balcony
Main bedroom with en-suite; second double bedroom
Allocated off-street parking and double glazing
Service charge ~£1,000pa; ground rent ~£150pa
Conflicting heating notes — confirm gas or electric storage
Lease term needs verification (notes conflict; lenders may object)
Local area: very high crime and higher deprivation risk
A top-floor two-bedroom apartment in Moorhouse Close offered with tenants in situ, presenting immediate rental income. The open-plan living area with a Juliet balcony and a main bedroom en-suite make the layout attractive to rental demand and small households. Allocated off-street parking, double glazing, and an EPC rating of C help maintain tenant appeal and running costs.
Important financial details are clear: service charge reported at approximately £1,000 per year and ground rent around £150 per year. The lease information in the paperwork should be checked carefully prior to offer; one data note flags a potential short lease risk, while listing also shows about 106 years remaining. Prospective buyers and lenders must verify the current lease term and any implications for mortgage availability.
The property sits in a convenient, amenity-rich area of Telford with excellent mobile signal and average broadband speeds, supporting tenant needs. Local crime statistics and higher area deprivation are recorded; investors should consider insurance and security measures. Heating details conflict in supplied notes (gas central heating stated in one place, electric storage heaters in another), so confirm the actual heating system and energy costs before committing.
Overall this apartment suits investors seeking a low-management rental with immediate income and decent tenant demand. It offers modest yields at the current rent level, but buyers should verify lease length, heating type, and factor service charges, ground rent and local area risks into valuation and lending arrangements.
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