- Second-floor two-bedroom apartment, circa 474 sq ft
- Intercom entry and communal grounds
- Mains gas boiler and double glazing present
- Kitchen dated; requires modernization and general updating
- Leasehold with 88 years remaining; ground rent £10pa
- Service charge not confirmed; check annual costs before bidding
- Sold by Modern Method of Auction; reservation fee applies
- Area records very high crime and high deprivation
A compact two-bedroom second-floor flat offered at auction with clear investor potential. Priced from £55,000, the property sits within walking distance of local shops, supermarkets and bus links, and has straightforward access to Telford Town Centre, the M54 and the railway station. The block benefits from intercom entry, double glazing and communal grounds.
Internally the layout is practical: a spacious lounge/dining room with windows to front and rear, two bedrooms, a modern bathroom and a kitchen housing the gas boiler. The flat totals about 474 sq ft, with an EPC rating around C (75) and mains gas central heating in place.
Important negatives and sale conditions: the kitchen and some internal finishes are dated and will need updating for rental or owner-occupier standards. The immediate area records very high crime and high deprivation scores; prospective buyers should factor potential management or tenant sourcing challenges. The lease has 88 years remaining; ground rent is listed at £10pa and the service charge is to be confirmed.
This property is sold via the Modern Method of Auction. Buyers must complete within the short reservation period and pay a non-refundable reservation fee (4.5% of the purchase price, minimum £6,600) plus a buyer information pack fee. These costs are additional to the guide price and should be confirmed before bidding.
