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Orleton Lane, Wellington, Telford, Shropshire, TF1

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

327 sq ft

30 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Investment Opportunity For sale by Unconditional Online Auction
  • Vacant Ground Floor One Bedroom Apartment in Need of Refurbishment
  • Great Rental Opportunity with Potential Rent of £600pcm
  • Lounge & Kitchen
  • Bedroom & Shower Room
  • Allocated Parking
  • Great Local Amenities & Walking Distance to Wellington Town Centre
  • Gas Central Heating & Double Glazing
  • EPC RATING C

Description

Guide Price £60,000 * Plus 5% Buyers Premium + VAT (subject to a minimum of £5,000+VAT)

For sale by Unconditional Online Auction on the 29th of August 2024.

Registration is now open, bidding opens on 29th of August 2024 at 18:00 and ends on 29th of August 2024 at 20:05.

Investment Opportunity in Orleton Lane, Telford - Ground Floor 1-Bedroom Flat for Sale

Are you looking for the perfect investment opportunity in Orleton Lane, Telford? Look no further! This vacant ground floor 1-bedroom flat is available for sale by unconditional online auction. With the potential to earn a rental income of £600 per calendar month, this property is a great chance to expand your investment portfolio.

The flat is in need of refurbishment, providing you with the opportunity to put your personal touch on it and enhance its market value. Whether you're an experienced investor or a first-time buyer, this property offers incredible potential for growth.

The flat features a spacious lounge, providing ample space for relaxing and entertaining. The kitchen offers the perfect space to unleash your culinary skills and create delicious meals. The bedroom is cozy and comfortable, offering a peaceful retreat after a long day. The flat also includes a convenient shower room, ensuring your everyday needs are met.

One of the key advantages of this flat is its location - within walking distance to Wellington Town Centre. You'll have access to a wide range of local amenities, including shops, restaurants, and entertainment options. The property also offers allocated parking, ensuring you always have a dedicated space for your vehicle.

Stay comfortable throughout the year with the property's gas central heating and double glazing, providing warmth and insulation. The energy performance certificate (EPC) rating is currently C.

Don't miss out on this incredible investment opportunity in Orleton Lane, Telford! With its potential for high rental income and prime location, it's a smart choice for any investor. Whether you're looking to expand your portfolio or make your first investment, this ground floor 1-bedroom flat offers immense potential. Take action now and secure your future!

Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.


UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
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.
Ask agent
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Allocated
GARDENA property has access to an outdoor space, which could be private or shared.
Communal 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

Orleton Lane, Wellington, Telford, Shropshire, TF1

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wellington Station0.5 miles
  • Oakengates Station3.4 miles
  • Telford Central Station4.0 miles
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About the agent

Mannleys Sales & Lettings, Telford

23A Market Street, Wellington, Telford, TF1 1DT

Mannleys Sales & Lettings, Telford

Introducing MANNLEYS Sales and Lettings, we offer a fresh approach to the property world. Our vastly experienced team of enthusiastic property professionals have outstanding knowledge of Residential Sales, Lettings, Residential Land/Developments and Property Management.

As a newly established independent local agency we have a single vision : To provide exceptional first class service for each and every client.

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Disclaimer - Property reference MNN_WLL_LFSYCL_910_1035336543. 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 Mannleys Sales & Lettings, 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Mannleys Sales & Lettings, Telford on 01952 458131.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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