2-bedroom flat · TF2 9FH
For saleListed 470 days
Opportunity summary
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About
This attractive and modern two-bedroom top-floor apartment is offered for sale on a 50% Shared Ownership basis and comes to the market with no onward chain.There is also the potential to staircase up to a maximum 75% share, providing a great opportunity for future investment and long-term flexibility.
Set within a well-maintained development, the building is accessed via a secure intercom entry system, with a tidy communal stairwell leading to the top floor.
Once inside, the apartment offers light, airy, and well-presented accommodation throughout.
The layout includes a spacious lounge that opens into a defined dining area, creating an ideal space for relaxing or entertaining.
The modern kitchen is well-equipped with ample storage and worktop space. There are two generously sized bedrooms, both offering comfortable proportions, along with a neatly fitted family bathroom.
Externally, the property benefits from allocated parking, in addition to multiple visitor bays, ensuring convenience for guests.
The development itself enjoys a pleasant setting with communal green areas and easy access to local amenities, transport links, and schools.
Overall, this apartment represents an excellent opportunity to get onto the property ladder in a desirable location with the added advantage of shared ownership flexibility.
Agent Notes: Lease Start Date - 7th July 2006 Lease Term - 99 years from 7th July 2006 Rent payable on the remaining 50% share is £428.00 pcm (includes Service Charge).
Agents are informed that there is a possibility to staircase up to a maximum of 75%.
Mobile coverage from all four major networks available* Superfast Fibre Broadband available* All services are mains connected Resident parking *Results provided by Ofcom and correct at time of listing* 50% Share with Wrekin Housing Trust Ground rent / Service charge £529.68 Entrance Hall Lounge 2.8m x 2.4m Kitchen 2.6m x 2.1m Dining Area 2.8m x 2.4m Bedroom One 3.6m x 3.3m Bedroom Two 2.6m x 2.6m Bathroom Outside / Allocated Parking
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Old Toll Gate, St. Georges, Telford, Shropshire, TF2
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