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2 bed flat for sale

£88,000

Downton Court, Hollinswood, Telford, Shropshire, TF3 2BT

Bedrooms2TypeFlatRent pcm550FurnishedUnfurnished
TenureLeaseholdGround rent10Service charge954
Tenanted/VacantTenantedAST detailsuntil
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This flat is in a pleasant residential area just a few minutes traffic free walk into Telford Town Centre shopping area, giving access to Telford Town Park and the Bus and Railway Station.

This pleasant first floor flat in a three storey block has a communal entrance hall and stairs to 6 flats. The front door leads into the hallway with all rooms off and ample storage cupboards. It has gas central heating with a new boiler installed in 2024, and there is uPVC double glazing throughout. There is a communal parking area and street parking adjacent.

The flat is leasehold with 90 years left on lease. The ground rent is £10 per year and the maintenance charge is currently £954 per year.

Large living room (16'3 x 12'8) with pleasant front facing aspect over grassed area.

Bedroom 1 (12'3 x 9'1) with front aspect.

Bedroom 2 (7'10 x 7'8) with rear aspect over grassed communal space.

Kitchen (9'9 x 7'8) with stainless steel sink unit, fitted cupboards, new gas boiler, plumbing for washing machine, electric hob and oven. All current appliances included.

Bathroom, white bath with electric shower over, wash basin, toilet, cupboard housing hot water tank.

The flat is currently let on an Assured Shorthold Tenancy to excellent tenants who have occupied the flat since 2015. Rent always paid on time via standing order. No arrears. Current rent £550 pcm Gross yield 7.5%

New EPC 2024 - Level C - Gas and Electrical Safety certificates available.


Contact the Landlord / Seller about this property



Gross yield calculator

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£
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7.5%

Stamp duty calculator

£
 5%  Up to to £250,0004,400 10%  £250,001 to £925,0000 15%  £925,001 to £1.5 million0 17%  Over £1.5 million0
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£4,400

Nearest stations

Telford Central 0.5 milesOakengates 1.4 milesShifnal 2.9 milesWellington (Shropshire) 3.7 milesCosford 6.2 milesDistances are straight line measurements