2 bedroom apartment for sale

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2 bedroom apartment for sale

Midland Court, Stanier Drive, Telford, Shropshire, TF7
£64,500

Price History

Initial price £75,000
15/08/24 £69,500
31/10/24 £64,500
Price Change -14.00%

Description

This exceptional investment opportunity is a second-floor flat in the heart of a vibrant community, offering a lucrative prospect for investors seeking rental income and potential future appreciation. The property features two bedrooms, one bathroom, and a dedicated parking space, making it versatile and appealing to a wide range of tenants. Its third-floor location provides enhanced privacy, natural light, and panoramic views, adding value to the property. With its desirable location, proximity to amenities, and attractive features, the flat is primed for generating steady rental income. The property is currently rented out for £675 per month, and with 67 years left on the lease, it presents a long-term investment opportunity. Additionally, the ground rent is £25 every six months, and there is a monthly management fee of £83. This is a gem of an investment opportunity that can help investors achieve financial growth and success.