Leicester Way
OIRO £87,500 Leasehold

Investment Opportunity in Leicester Way, Telford - Stylish 1 Bedroom Apartment with Parking! Are you looking for a fantastic investment opportunity in Telford? Look no further than this stylish 1 bedroom apartment located in Leicester Way. With its convenient location, great features, and potential for high rental yield, this property has it all! As you step inside, you'll be greeted by a spacious lounge, perfect for relaxing or entertaining guests. The fitted kitchen boasts modern units, providing ample storage space for all your culinary needs. Cooking up your favorite meals will be a joy in this well-designed kitchen. The bedroom in this apartment offers a cozy and comfortable space to retreat to at the end of a long day. The fitted bathroom features a shower, ensuring you have all the necessary amenities close at hand. Whether you're a single professional or a couple, this apartment is ideal for anyone seeking a modern and stylish living space. One of the standout features of this property is the parking space that comes with it. No need to worry about finding a spot or dealing with parking restrictions - your parking worries will be a thing of the past! Convenience is key, and this apartment ticks all the boxes. Situated close to amenities such as shops, restaurants, and transport links, everything you need is within easy reach. Whether you prefer a quiet night in or a night out on the town, you'll never be far from the action. Lease information The lease on this property is 125 years from 1 April 1988, giving you peace of mind for years to come. The ground rent is just £10 per annum, while the service charge is approximately £30 per month. Now let's talk about the incredible investment potential this apartment offers. Currently achieving a rental income of £550 per month, this property provides an impressive annual yield of 7.5%. Investing in this apartment means you'll enjoy a steady and profitable rental income while benefiting from potential capital growth in the future. Whether you're a first-time buyer, a seasoned investor, or someone looking for a stylish and modern apartment to call home, this property in Leicester Way, Telford is not to be missed. With its convenient location, excellent features, and investment potential, it offers the best of both worlds. Don't wait too long - schedule a viewing today and seize this fantastic opportunity before it's gone!