Offers in region of
£70,000
(£167/sq. ft)
1 bed flat for saleMeadowlea, Madeley, Telford TF7
1 bed
1 bath
1 reception
419 sq. ft
EPC Rating: E
Peter Richardsons
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About this property
A great investment opportunity is on offer with this ground floor apartment in Madeley centre. Having a long term tenant in situ the property currently generates an income of £425 p.c.m.
Comprising in brief of an entrance hall, double bedroom with built in storage, open plan sitting room/kitchen and bathroom.
UPVC double glazing and warmed via gas fired central heating.
Communal parking can be found only a short distance from the property.
Having 82 years left on the lease but the current owners have applied for an extension of 90 years (at the time of writing).
Entrance Hall
Sitting Room/Kitchen (5.1m x 4.1m (16'8" x 13'5"))
Bedroom (4.1m x 2.6m (13'5" x 8'6"))
Bathroom
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More information
Tenure
Leasehold (82 years)
Service charge
£777 per year
Council tax band
A
Ground rent
£10
Ground rent date of next review