2 bedroom flat for sale

>

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 place. 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. The property benefits from gas central heating, double glazing, and allocated parking, making it a hassle-free investment. The current rental income is £650 per month, providing a high return on investment. With a leasehold tenure 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 anyone looking to maximize their investment potential.