229, Nantwich Road, Crewe, Cheshire CW2 6NU
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
6
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- ONLINE UNCONDITIONAL AUCTION
- GUIDE PRICE £165,000 +
- INVESTMENT OPPORTUNITY
- SCOPE TO REFURBISH TO ADD VALUE
- BUYER FEES APPLY
- YOU MUST REGISTER TO BID
Description
FOR SALE VIA ONLINE UNCONDITIONAL AUCTION. BIDDING OPENS MONDAY 19TH AUGUST AT 1PM & CLOSES TUESDAY 20TH AUGUST AT APPROXIMATELY 1PM
SCOPE TO ADD VALUE THROUGH REFURB
CENTRAL & CONVENIENT LOCATION
SCOPE TO FURTHER CONVERT STPP/CONSENTS
POTENTIAL FOR RENTAL UPLIFTS
A freehold residential investment close to Crewe centre and Cheshire College with a current rental income of £25,080pa, representing an initial gross yield of 15.2% based on the guide price.
Comprising a significant, extended period end of terrace house configured as 6 flats, currently let. Providing the opportunity to sub-divide or re-develop (STPP) For sale as a single freehold lot, which in itself presents a magnificent opportunity.
FLOOR PLAN (Dimensions/drawings are indicative and for illustration purposes only).
REGISTER FOR LEGAL PACK AND BIDDING ON OUR WEBSITE.
PLEASE NOTE No appliances have been tested by Auction House. Any measurements are approximate. We recommend any would be bidders conduct their own due diligence in good time prior to the auction taking place.
LOCATION Close to local schools and amenities with good access to town centre and Hospital, as well as Mainline rail service to London, Manchester & Birmingham M6 access at junctions 16 and 17 which presents easy road links.
TENANCIES Flat 1 AST for 6 months from 18/10/2023 now periodic for £300 pcm.
Flat 2 AST for 6 months from 18/10/2023 now periodic £300 pcm.
Flat 3 AST for 12 months from 22/12/2023 for £425pcm.
Flat 4 AST for 12 months from 20/6/2023 now periodic for £365 pcm.
Flat 5 AST for 12 months from 30/10/2023 for £350 pcm.
Flat 6 AST 12 months from 27/04/2022 now periodic for £350 pcm.
EPC RATINGS Flat 1 E
Flat 2 E
Flat 3 D
Flat 4 D
Flat 5 D
Flat 6 E
Tenure: Freehold
EPC Rating: See Legal Pack
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1200 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
229, Nantwich Road, Crewe, Cheshire CW2 6NU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Crewe Station0.6 miles
- Nantwich Station3.4 miles
- Sandbach Station4.9 miles
About Auction House, Cheshire, Staffordshire & Shropshire
Stapeley House London Road, Stapeley, Nantwich, CW5 7JWNotes
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Visit our security centre to find out moreDisclaimer - Property reference 202406062140sq_g2x3. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, Cheshire, Staffordshire & Shropshire. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, Cheshire, Staffordshire & Shropshire on 01270 441779.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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