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Stanier Drive, Telford TF7 2 bed apartment for sale
35 Stanier Drive, Telford, Shropshire, TF7 5TT
£65,000
35 Stanier Drive, Telford, Shropshire, TF7 5TT
£65,000
Our Summary
- Guide Price £65,000 * Plus 5% Buyers Premium + VAT For sale by Unconditional Online Auction on the 25th of June 2025
- FOR SALE BY AUCTION ATTRACTIVE GROUND FLOOR APARTMENT NEW LEASE OF 125 YEARS FROM 26
- This offers a great investment opportunity
- Viewings welcomed from serious prospective buyers who are in a position to exchange under auction conditions
- 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,
- EXCELLENT INVESTMENT OPPORTUNITY
- Excellent investment opportunity
- FOR SALE BY AUCTION
Description
This attractive ground floor apartment is being sold by unconditional online auction on June 25th, 2025, with a guide price of £65,000 plus 5% buyers premium and VAT. The property features a well-presented 2-bedroom layout with a lounge, kitchen, and bathroom, as well as allocated parking and communal grounds. The property is leasehold with a new lease of 125 years from November 26th, 2021, and has a strong rental yield. The ground rent is £100 per annum and the service charge is £83.74 per calendar month. The property is being sold with an unconditional auction, meaning that the buyer is legally bound to purchase the property once the hammer falls, and the vendor is legally bound to sell. The buyer will pay a 5% deposit and a 5%+VAT buyers premium, with contracts exchanged and a completion deadline of 28 days following the auction. The seller may also consider pre-auction offers prior to the auction date.