Summary - 24, Snedshill Way, Snedshill, TELFORD TF2 9QQ
2 bed 1 bath Apartment
Affordable two-bed flat close to Telford amenities — auction sale with fees and conditions.
Guide price £80,000 — sold by Modern Method of Auction
95 years remaining on the lease (approximate)
Non-refundable reservation fee 4.2% of price (min £6,000)
Service charge £35/month; ground rent £10/year
Communal gardens, timber shed, and off-street parking
Mains gas boiler, double glazing, modern kitchen units
Area: very deprived with high local crime — affects resale/rental
Buyer pack fee £300; completion within 56 days of contract
This spacious first-floor two-bedroom flat in Snedshill offers a low entry price and convenient access to Oakengates and Telford town centre. The living room benefits from two front windows and a feature fireplace; the kitchen/diner has modern base and eye-level units. Residents have use of communal gardens and off-street parking. Broadband and mobile coverage are strong, and mains gas central heating with double glazing is already installed.
Important considerations for buyers: the property is leasehold with approximately 95 years remaining and will be sold by auction using the Modern Method of Auction. The sale requires payment of a non-refundable reservation fee (4.2% of the purchase price, minimum £6,000) plus a buyer pack fee of £300. There is also a monthly service charge (£35) and a small annual ground rent (£10). Completion is expected within 56 days of exchange under the auction terms.
The area is classified as very deprived with high local crime statistics and a transitional Eastern European neighbourhood profile — factors that may affect mortgage availability, rental demand, and resale value. For an investor or a buyer seeking a bargain and willing to take on auction-related costs and potential refurbishment, this flat presents clear upside at the guide price. First-time buyers should factor in the auction fees, lease length, and local area challenges before bidding.
Viewing and due diligence are essential: the buyer information pack may not include everything, so arrange surveys and checks on lease details, service charge history, and local safety measures prior to purchase. The property is best suited to buyers who can move quickly, understand auction mechanics, and budget for the reservation fee and any required updates.
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