2 bedroom flat for sale

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2 bedroom flat for sale

Moorhouse Close, Wellington, Telford, Shropshire, TF1 2BF
£119,500

Price History

Initial price £125,000
22/03/25 £122,500
24/05/25 £119,500
Price Change -4.40%

Description

This top floor, 2-bedroom apartment in Moorhouse Close, Wellington, is an exceptional investment opportunity with tenants already in situ. The property is situated in a popular residential area, offering a comfortable living space and a reliable rental income. The apartment features an open-plan kitchen, dining, and sitting room with a Juliet balcony, as well as a well-appointed kitchen, en-suite shower, and modern bathroom. With gas central heating, double glazing, and allocated parking, the property is well-equipped for year-round comfort and energy efficiency. The current tenants are paying £650 per month, providing a hassle-free rental income. With a leasehold of 125 years, ground rent of £150 per annum, and service charge of £1,000 per annum, this property offers a wise investment choice for those looking to maximize their investment potential.