*NO UPWARD CHAIN* With a yield of 9.1%, Coleman Estates are pleased to offer this well presented two bedroom ground floor flat, sold with tenant in situ. Comprised of two double bedrooms, a spacious lounge/dining room, newly refitted kitchen and bathroom and new carpets, this would make an ideal rental for a professional couple or single. Transport links including the M54 and A442 are within a 5 minute drive of the property making this a perfect opportunity for those working in Telford Town Centre, Wolverhampton or Shrewsbury, as well as close proximity to Princess Royal Hospital. Please note there is approx 102 years left on the lease. Ground rent is £10 per annum and Service charge is £400 per annum. Identification Check Charge In accordance with The Money Laundering Regulations 2007, the Agents are duty bound to carry out due diligence on all Clients to confirm their identity, including the eventual purchasers of a property. The Agents use an electronic verification system, Credas, to verify Clients’ identity that is not a credit check so it will have no effect on credit history. Credas may check the details you supply against any particulars on any database to which they have access. By placing an offer on this property you agree that if your offer is accepted, subject to contract, that we as agents for the seller complete this check for a fee of £30 inc VAT (£25 + VAT) per transaction, charged at the point agreeing the sale (subject to contract). This charge is non-refundable including in the event that an eventual exchange of contracts is unsuccessful. A record of the search will be retained by the Agents.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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