Offers in region of

£82,500

1 bed flat for sale
Caradoc Flats, Kingshaye Road, Wellington, Telford TF1

    • 1 bed

    • 1 bath

    • 1 reception

    • ~473 sq. ft

  • EPC Rating: C

  • Chain free
  • Leasehold

Coleman Estates

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About this property

    A Superb First-Time Buy or Investment Opportunity with No Upward Chain

    This well-presented second-floor flat offers a fantastic opportunity for those seeking a low-maintenance home in a highly convenient location. Situated in the established residential area of Wellington, the property is perfectly positioned for commuters and local professionals alike. Offered with the significant benefit of no upward chain, this residence is ready for immediate occupation.

    The apartment boasts a practical and spacious layout, finished with a neutral palette that enhances the natural light throughout. The bright and airy lounge and dining room features modern tiled flooring and large windows, providing a versatile area for both relaxation and entertaining. Adjacent to the living area, the functional kitchen is equipped with a range of wall and base units, ample worktop space, and plumbing for a washing machine. The accommodation continues with a generous double bedroom which comes complete with built-in storage and wardrobes. Serving the home is a clean, white three-piece bathroom suite comprising a panelled bath with an overhead electric shower, wash hand basin, and low-level WC.

    Located on Kingshaye Road, the property benefits from excellent transport links and local infrastructure. Wellington Town Centre is within easy reach, offering a variety of local amenities, independent shops, and the historic indoor market. For those travelling further afield, the M54 motorway and Wellington Railway Station are nearby, providing direct and efficient routes to Shrewsbury, Telford, and the wider West Midlands.

    This property is particularly attractive for those looking for a manageable first step onto the property ladder or a solid addition to a rental portfolio. The tenure is leasehold with 109 years remaining on the lease. Maintenance is made simple with a service charge of £67.85 per month and a nominal ground rent of £10 per annum. The flat could achieve a figure of £650 per calender month, marking a 9.45% yield.
    Viewing is highly recommended.

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    More information

    • Tenure

      Leasehold (Ask agent)

    • Service charge

      £814 per year

    • Council tax band

      A band has not yet been confirmed.

    • Ground rent

      £10

    • Ground rent date of next review

    See all recent sales in TF1

    Property descriptions and related information displayed on this page are marketing materials provided by - Coleman Estates. Zoopla 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 Coleman Estates for full details and further information.