Richmond Court, Wellington, Telford, TF1

Offers in excess of £95,000

2 bedrooms 2 bedrooms 1 bathroom 1 bathroom
Market Rent: £485 Estimated gross yield: 6.1%

**INVESTORS** YIELD 6.6% - RENT £6,600 p.a. A spacious ground floor apartment in a small, tidy block with PRIVATE PARKING, TWO BEDROOMS, large lounge, dining area, fitted kitchen, full bathroom, storage. Ground rent/service fee is only £40pa. NO OTHER FEES. Close to Wellington and hospital

A lovely, spacious ground floor apartment within a looked-after block with private allocated parking. The apartment has two bedrooms, an open plan large lounge/dining area, fitted kitchen, and a full bathroom. Good storage. Ground rent/service fee is only £40 per year. No other fees. Walking distance to Wellington town centre, hospital and amenities. Rents achieved upwards of £550 pcm. Yield at 6.6% - Higher rent achievable - long term tenant in situ ***NO UPWARD CHAIN***

With the benefits of a ground floor position in a 2 storey block of just 2 properties, this apartment is to a modern design affording thoughtfully planned accommodation. An open plan living space with front and rear aspects, includes a lounge with dining area and fitted kitchen. Off the hall are the 2 good size bedrooms both with front aspects and the bathroom with 3 piece suite and shower.

TENURE We are advised that the property is leasehold held on a 999 year lease from approximately 1988 and an annual ground rent of approximately £40 is currently payable and this will be confirmed by the sellers solicitors during pre contract enquiries.

SERVICES We are advised that mains water, electricity, and drainage are available. Please note that we have not tested the services or any of the equipment or appliances in this property. Accordingly we advise that prospective buyers commission their own survey or service reports before finalising their offer to purchase.

We give notice that these particulars, although believed to be correct, do not constitute any part of an offer of contract, that all statements contained in these particulars as to this property are made without responsibility and are not to be relied upon as statements or representations of fact and that they do not make or give any representation or warranty whatsoever in relation to this property. Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. The agent has not tested any apparatus, equipment, fixture, fittings or services and so cannot verify that they are in working order or fit for their purpose, neither has the agent checked the legal documents to verify the freehold/leasehold status of the property. The buyer is advised to obtain verification from their solicitor or surveyor.

Part glazed entrance door, radiator and airing cupboard.

A spacious open plan lounge diner, with windows to front and side, radiator and access to the kitchen.

Fitted with a range of floor and wall mounted units, with work surfaces and plumbing for washing machine, window to the rear

Bedroom 1
Double glazed window and radiator.

Bedroom 2
Double glazed window and radiator.

Fitted with panel bath and shower, low flush WC and wash basin.

Front Garden
To the front of the property there is a low maintenance garden area and useful brick built store.

There is allocated parking for the flat.

Floor plans


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Key Features

  • **INVESTORS - 6.6% YIELD**
  • **968 Year Lease**
  • *£40 pa Ground Rent ONLY*
  • Two Bedrooms
  • Large Lounge
  • Dining Area
  • Kitchen/Breakfast Bar
  • Private Parking

Call Hereford office 01432 352116 42 Bridge Street Hereford HR4 9DG

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Registered Office: Northwood (Hereford) Ltd, 42 Bridge Street, Hereford, HR4 9DG - 07213954 - VAT No 99 6469 539
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