£290,000
Est. Mortgage £1,323 per month*

4 bedroom bungalow for sale

Dawley, Telford
bungalow bungalow
bedrooms 4 bedrooms

Property description

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £290,000
Courtney Downing Estates are pleased to offer this fantastic investment opportunity-a spacious 4-bedroom bungalow currently operating as a fully occupied HMO, generating a monthly rental income of £1,900. Positioned on a large plot, the property offers excellent potential for future development or planning, subject to the necessary permissions. The bungalow benefits from a beautifully maintained, expansive garden with stunning open views, providing a peaceful and private setting. With strong rental demand in the area and scope for long-term growth, this property is ideal for investors looking for a turnkey asset with added development potential.

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and
are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction
terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The
Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being
shared between both any marketing agent and The Auctioneer in order that all matters can be dealt
with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will
be required to adhere to a verification of identity process in accordance with Anti Money Laundering
procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with
the law.
The advertised price is commonly referred to as a 'Starting Bid' or 'Guide Price' and is accompanied
by a 'Reserve Price'. The 'Reserve Price' is confidential to the seller and the auctioneer and will
typically be within a range above or below 10% of the 'Guide Price' / 'Starting Bid'.
These prices are subject to change.
An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold
prior to the end of the auction.
A Legal Pack associated with this particular property is available to view upon request and contains
details relevant to the legal documentation enabling all interested parties to make an informed
decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers'
commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding
with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts
the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the
purchase price of the property. The deposit will be a contribution to the purchase price. A non
refundable reservation fee of up to 6% inc VAT (subject to a minimum of 7,200 inc VAT) is also
required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed
purchase price and consideration should be made by the purchaser in relation to any Stamp Duty
Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to
pass their details to third party service suppliers, from which a referral fee may be obtained. There is
no requirement or indeed obligation to use these recommended suppliers or services.

Parking options: Driveway, Garage
Garden details: Private Garden

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First listed

Over a month ago

Energy Performance Certificate

Dawley, Telford

Marketed by

Courtney Downing Estates - Telford C/O Clear Accountancy e-Innovation Centre Priorslee, Telford TF2 9FT
Call agent on 020 8115 5869
Contact agent

Placebuzz mortgage repayment calculator

Property price£
Deposit£
Interest rate%
Repayment period
Household income£
Monthly repayment
£1,323
We think you can borrowAdd your household income

Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are 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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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Courtney Downing Estates - Telford. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Courtney Downing Estates - Telford for full details and further information.