5 bedroom apartment for sale

Nantwich Road, Crewe, Cheshire, CW2

Offers in Region of £340,000

Property Description

Key features

  • 5 self-contained 1 bedroom apartments
  • Newly refurbished building throughout
  • 10 minutes' walk to Crewe Train Station
  • Estimated rental income of 25,800 per annum
  • Ideal buy to let investment opportunity
  • Local amenities within a 2 minute walk
  • The building is Freehold
  • Centralised location

Full description

Tenure: Freehold

Five newly converted self-contained one bedroom apartments located in a good demand rental area just a few minutes' walk from the railway station and well placed for employment opportunities, the university campus, local shops , bars and restaurants.

Whitegates are pleased to have been favoured with the instruction to bring to the open market this excellent residential investment opportunity based upon five newly converted self-contained apartments appointed to a high standard of finish throughout.

Whitegates believe this property should ideally suit to the needs of buy to let landlords, small property companies and housing associations and offers a rare opportunity to acquire a property capable of producing a consistent good rental yield.

An early viewing is thoroughly recommended and considered essential to fully appreciate all this property can offer the discerning investor.

In more particular detail the property comprises;


Front Entrance 
2.64m x 1.83m
having an intercom entrance control and an inset matwell.

Main Hallway 
8.28m x 1.93m
having a carpeted spindled baluster staircase rising to the first floor landing and a door below giving access to the cellar and carpet as fitted.

APARTMENT NO 1 

APARTMENT NO 2 

APARTMENT NO 3 

APARTMENT NO 4 

APARTMENT NO 5 

Entrance Hall 
4.47m x 2.0m
having a staircase rising to the landing area, a Stiebel Eltron electric radiator panel and a double glazed front aspect window.

Landing Area 
8.6m x 2.2m
a spacious useful space measured overall with an intercom entry telephone, a smoke detector and a carpet as fitted.

Living Room/Kitchen 
5.08m x 4.65m
choicely appointed with a range of contemporary floor cupboards and drawer units with preparation surfaces over, an inset stainless steel sink with a mixer tap, spaces under for a refrigerator and washing machine, a Beko built in electric oven with an ceramic hob and a stainless steel chimney extractor fitted above, coordinated wall storage cupboards, a Stiebel Eltron electric radiator panel, a double glazed front aspect window, and laminate floor covering.

Inner Hall 
1.75m x 1.75m
having a smoke detector and carpet as fitted.

Bathroom 
2.87m x 1.68m
well-appointed with a comtemporary white suite and tiled splash areas comprising a panel bath with a mixer tap shower, a pedestal hand basin and toilet, a chrome electric towel rail radiator, an extractor fan and vynolay floor covering.

Bedroom 
5.1m x 3.43m
having a Stiebel Eltron electric radiator panel, a built in cupboard housing the pressurised hot water cylinder, a double glazed rear aspect window and carpet as fitted.

OUTSIDE 
a gated amenity area.

INVESTOR NOTE 
Whitegates have requested Martin & Co for their rental assessments of the apartments and they have confirmed that we can anticipate securing rental incomes of £425 per calendar month for apartment Nos 1,2,3 and 4 and £450 per calendar month for apartment No 5. This represents a rent roll of £25800 per annum. The property is Freehold.

PURCHASE ILLUSTRATION 
Whitegates have identified access to finance the purchase of this property for interested applicants with a 25% deposit avavilable and who are householders earning a minimum income from employment of £25000 per annum. EXAMPLE Purchase Price £385000 Deposit £96250 Monthly Mortgage Repayment £530.60p (2.19% Two Year fixed interest only). Minimumum Rental Requirement from the property £1920 per month. Survey and Arrangement Fees apply.

More information from this agent

Listing History

Added on Rightmove:
04 October 2016

Nearest stations

  • Crewe (0.6 mi)
  • Nantwich (3.4 mi)
  • Sandbach (4.9 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Whitegates, Crewe

173 Nantwich Road, Crewe, CW2 6DF

01270 388163 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Whitegates, Crewe

173 Nantwich Road, Crewe, CW2 6DF

01270 388163 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Crewe (0.6 mi)
  • Nantwich (3.4 mi)
  • Sandbach (4.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Whitegates, Crewe

173 Nantwich Road, Crewe, CW2 6DF

01270 388163 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference CRE160132. 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 Whitegates, Crewe. 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.

Map data OpenStreetMap contributors.