Gloucester Avenue, Telford TF4 3 bed apartment for sale

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Gloucester Avenue, Telford TF4 3 bed apartment for sale

5 Gloucester Avenue, Dawley, Telford, Shropshire, TF4 2HU
£40,000

Our Summary

  • Guide Price £40,000 * Plus 5% Buyers Premium + VAT For sale by Unconditional Online Auction on the 30th of April 2025
  • Exceptional investment opportunity awaits at the upcoming auction 5 Gloucester Avenue, Dawley, Telford, TF4 2HU is a spacious three bedroomed ground floor flat
  • Therefore, we recommend that interested purchasers conduct their own inquiries with mortgage lenders to determine the property's eligibility for mortgage purposes before participating in the auction
  • Tenure Leasehold Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction
  • Auction Information
  • To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa
  • The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated)
  • Pre Auction Offers Are Considered The seller of this property may consider a pre-auction offer prior to the auction date
  • All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit
  • To make a pre-auction offer we will require two forms of ID,
  • Investment Opportunity For Sale By Unconditional Online Auction

Description

For sale is a three-bedroom ground floor flat at 5 Gloucester Avenue, Dawley, Telford, TF4 2HU, which is currently tenanted for £550 per month with rent reviews due. The property features a well-designed layout with a kitchen, lounge/dining room, three bedrooms, and a bathroom, as well as gas central heating, double glazing, and private garden space. However, it's essential to note that the property is of non-traditional construction, classified as a "Wates" house, which may affect mortgage eligibility. The property is being sold through an unconditional online auction on April 30th, 2025, with registration open and bidding starting at 10:00 am. A 5% buyers' premium plus VAT (minimum £5,000 plus VAT) will apply, and contracts will be exchanged upon the fall of the hammer. The buyer is legally bound to purchase, and the vendor is legally bound to sell, with a completion deadline of 28 days following the auction. The seller may consider pre-auction offers prior to the auction date, subject to the same auction conditions.
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