Lodge Court, Donnington Wood, Telford, TF2
- PROPERTY TYPE
Detached
- BEDROOMS
20
- BATHROOMS
20
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Development of 10 Houses
- Estimated Rents £795 PCM
- 10x Two Bed Houses
- Private Gardens
- Off Road Parking
- Ideal Investment
- Freehold Properties
- Family Bathrooms + Guest Cloakroom
- Under Refurbishment
- Viewings by appointment only
Description
Imagine owning your own street ! That is the proposition available at Lodge Court, Donnington. Offered for sale is a development of 10 two bedroom houses with open plan living spaces, guest cloakrooms, private gardens and plenty of off road parking. All properties have been rented out through a private firm for the past 10 years and are currently being refurbished ready for re-let / sale. Estimated rental return £95,400 P/A based on £795 PCM on each property.
EPC rating: A. Tenure: Freehold,History
Lodge Court was developed back the early 2000's and been rented out for the years to date. The owner is looking to now exit the rental market and is offering all 10 properties to be sold as a bundle to a new investor.
Method of Sale
Our client would prefer a sale based on staged payments for each property every 2-3 months with an exchange to commit to the pricing structure in advance.
Property Descriptions
Every property comprises of two bedrooms, an open plan living space, kitchen area, family bathroom, private garden and off road parking to the front.
Current Condition
Each property is currently in need of refurbishment which the current owner is prepared to complete. The current owner is also happy to discuss terms for taking the development in its current condition.
Anticipated Rents
Current rents suggest that £795 PCM is achievable on each property taking into account the amount of parking, private gardens and size of the properties. There is currently a high rental demand in this area.
VAT
We have been advised that there is no Vat applicable to the sale.
Management Company and Site
Please note that the development currently has no management company, service charge or road maintenance charge as the site has always been owned in its entirity by the current owner.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Private,Off street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Private garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Lodge Court, Donnington Wood, Telford, TF2
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Oakengates Station1.4 miles
- Telford Central Station2.0 miles
- Wellington Station3.6 miles
About the agent
Goodchilds, Newton Fallowell Telford
33 Church Street, Wellington, Telford, TF1 1DG
Goodchilds ( part of the Newton Fallowell group) are an 'award winning agent' based in Wellington, Shropshire. BEST AGENT GUIDE WINNERS 2023 SALES & LETTINGS. Part of a network of 40 + branches,We can also help with Mortgages and Conveyancing. 5* Google Customer Ratings and NFOPP Qualified Staff.
Residential SalesThe market is turning and although tougher than in 2022 we are still achiveing sales at record rates.
Since opening our doors in January 2011, The Award Winnin
Notes
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Visit our security centre to find out moreDisclaimer - Property reference P1484. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Goodchilds, Newton Fallowell Telford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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