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9 bed property, in Upper House, £1,100,000
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9 bed flat

Upper House, Church Street, Madeley, Telford TF7 5BW
£1,100,000

Our Summary

  • Investment Consideration: Vacant possession VAT is NOT applicable to this property Suitable for housing operators and buy-to let investors SPV can be purchased to minimise stamp duty Comprises three-storey residential block consisting of 7 x 1-Bed & 1 x 2-Bed Apartments Vendor is in the process of converting the building and expected works completion in late 2026 Offers invited, subject to a building regs sign-off Future development potential on the plot land, subject to obtaining the necessary consents Situated in predominantly residential area within 0
  • Additional development potential on the plot land, subject to obtaining the necessary consents

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Description

The property is a three-storey residential block consisting of 7 one-bedroom and 1 two-bedroom apartments, with a total Gross Internal Area (GIA) of approximately 477 sq m. The ground floor contains 3 one-bedroom apartments, the first floor contains 3 one-bedroom apartments, and the second floor contains 1 one-bedroom and 1 two-bedroom apartment. The building has parking space for 12-14 cars on a plot of approximately 0.35 acres.

The apartments have average sizes of 56 sq m for the one-bedroom units and 85 sq m for the two-bedroom unit.