This property is no longer on the market
1 bedroom semi-detached house
Key information
Property description & features
- Tenure: Freehold
- For Sale by Modern Auction T&C's Apply
- Subject to Reserve Price
- Buyer Fees Apply
- 10% Deposit Payable
- Situated in Leegomery
- Landlords Only
- One Bedroom Semi Detached House
- Tenant in Situ
Leegomery is a residential area located on the north western outskirts of Telford and to the north east of Wellington which offers a wide range of facilities and has good transportation links including its own railway station, leisure centre and its renowned four day a week market.
Telford town centre is also accessible some 5 miles to the south with its wide range of recreational and shopping facilities, including the New Southwater development, the M54 motorway and the town’s central railway station.
45 Mercia Drive is a well looked after one bedroom house which is aimed at landlords only as there are currently long term sitting tenants. The property is achieving £450.00 rent per calendar month, which is a yield of 4.9%.
Accommodation comprises entrance porch, living room/dining room with sliding doors out to the rear and a kitchen. To the first floor is a bathroom and a bedroom with built in wardrobes.
To the side of the property is a low maintenance lawned garden with a paved patio. There is also an allocated parking space.
This property is for sale under Traditional Auction terms. Should you view, offer or bid on
the property, your information will be shared with the Auctioneer, iamsold.
With this auction method, an immediate exchange of contracts takes place with completion
of the purchase required to take place within 28 days from the date of exchange of
contracts.
On exchange of contracts, the buyer is required to make a payment of a 10% deposit, sign
a reservation agreement and make payment of a non-refundable Reservation Fee of 4.80%
of the final agreed sale price including VAT, subject to a minimum of £6,000.00 including
VAT. The Reservation Fee is paid in addition to the agreed purchase price and is considered
as part of the chargeable consideration for the property in the calculation for stamp duty
liability.
Buyers will be required to go through an identification verification process with iamsold and
provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to
the property. The documents may not tell you everything you need to know about the
property, so you are required to complete your own due diligence before bidding. A sample
copy of the Reservation Agreement and terms and conditions are also contained within this
pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of
the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and
Starting Bid being subject to change.
Referral Arrangements
Should you opt to use Conveyancing Services recommended by iamsold or the Partner
Agent, please be advised that the iamsold will receive payment of up to £450.00 from the
Conveyancing Provider for that recommendation where the services are taken, and a sale
completes. It is important to note that recommended services are optional, and you should
consider your options carefully before accepting any recommended services.
Leegomery is a residential area located on the north western outskirts of Telford and to the north east of Wellington which offers a wide range of facilities and has good transportation links including its own railway station, leisure centre and its renowned four day a week market.
Telford town centre is also accessible some 5 miles to the south with its wide range of recreational and shopping facilities, including the New Southwater development, the M54 motorway and the town’s central railway station.
45 Mercia Drive is a well looked after one bedroom house which is aimed at landlords only as there are currently long term sitting tenants. The property is achieving £450.00 rent per calendar month, which is a yield of 5.4 at the guide price%.
Accommodation comprises entrance porch, living room/dining room with sliding doors out to the rear and a kitchen. To the first floor is a bathroom and a bedroom with built in wardrobes.
Directions
Satnav - TF1 6YF
Property information from this agent
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*DISCLAIMER
Property reference TDS220811. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Nock Deighton - Telford.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on March 7, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on March 7, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on March 19, 2019 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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