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£70,000

Flat 4, Grove House, 94, High Street, Wem, Shrewsbury

  • 2 beds
Flat

£70,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£320 per month

Minimum deposit amount:

£3,500
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Full Description

This first floor apartment offers deceptively spacious accommodation with a living room, kitchen, two bedrooms, bathroom and outside space. Centrally located with transport links and market town amenities. Vacant possession with strong rental potential. Accompanied viewings are available via the selling agents Samuel Wood.

Flat 4, Grove Court provides a rare opportunity to acquire a centrally located, purpose-built flat within a popular residential area in the heart of Wem. The property is available with vacant possession, allowing buyers to let or occupy the flat immediately without delay or chain complications.
The apartment occupies a central position, within walking distance of Wem’s array of everyday facilities: including shops, doctors, banks, eateries and leisure services. Of particular note is Wem’s railway station, just a short walk from Grove Court, which provides direct access to regional hubs such as Shrewsbury and Crewe, enhancing the appeal to both investors and potential tenants.
This flat would make a sensible and sustainable addition to a buy-to-let portfolio, particularly in light of ongoing demand for well-located, low-maintenance units in commuter-accessible locations. Alternatively, it offers a manageable and secure option for those looking to downsize or acquire a foothold in a thriving market town.

Agents note: - The owners of the flats are in the process of forming a management company to deal with the external / communal areas of the building.

Services at the property - We understand that the property has, mains electricity, mains water and mains drainage.
Broadband Speed: Basic 17 Mbps, Superfast 80 Mbps & Ultrafast 1800 Mbps
*Results provided by Ofcom and correct at time of listing*
Flood Risk: Very Low.

Local Authority - Shropshire Council, The Shirehall, Abbey Foregate, Shrewsbury, Shropshire SY2 6ND.
Council Tax Band: A

Tenure - We understand the tenure is Freehold/Leasehold. It should be noted that we have not seen sight of the lease and we are unable to verify this information, purchasers are advised to make their own further enquiries via their solicitor.
Length of lease: 999 years from 25.12.1970
Service Charges: tbc
Ground Rent: tbc
Next Ground Rent Review Period: tbc

Mortgage Services - We offer a no obligation mortgage service through Hilltop Mortgage Solutions. Please ask a member of our team for further details.

Referral Fees - Samuel Wood routinely refers vendors and purchasers to providers of conveyancing and financial services. We may receive fees from them as declared in our Referral Fees Disclosure Form.

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£320 per month
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