High Street, Winsford, CW7
- PROPERTY TYPE
Residential Development
- BEDROOMS
3
- SIZE
Ask agent
Key features
- Mid-Terrace Property
- Central Location
- Freehold
- Potential Return £36,400 - £45,500 Per Annum
- Planning Reference - 23/02930/FUL
- Planning To Convert Into 7-Bedroom HMO
- No Onward Chain
Description
Once a year a property comes to the market that has huge potential and we may just have that.
In a central location within Winsford is this freehold, mid-terrace property that has full planning permission to convert into a 7-bedroom HMO. For further details on the plans use the planning reference on Cheshire West website which is 23/02930/FUL.
Each room is expected to rent out for somewhere between £100 - £125 per week. Based on £100 per week, per room that could generate an impressive £36,400 per annum. At £125 per room, that's a staggering £45,500 per annum.
As you can see from our photos, the building needs a full renovation in order to be let out. But with this sort of return, could be a fantastic investment for the right people.
EPC rating: D. Tenure: Freehold,Accommodation
Front Room
Four opaque uPVC double glazed windows to the front elevation, uPVC front entrance door, stairs to the first floor and opening into.
Middle Rooms
Two rooms either side of space for the stairs case that will lead to the first floor in the proposed plans, one has an opaque uPVC double glazed window to the rear elevation.
Inner Room
Wooden side access door leading out into a small yard, uPVC double glazed window to the side elevation and opening into.
Back Room
Wooden access door and two windows (one of which is wooden single glazed and the other uPVC and double glazed), tiled floor and pitched roof.
First Floor
Front Room
Two uPVC double glazed windows to the front elevation and opening into.
Back Two Rooms
uPVC double glazed windows in each room to the rear elevations.
Other Useful Information
Our vendors have advised there is a gas supply to the address but there is no central heating in situation currently.
The premises is currently classed as a commercial property but the plans have been approved to convert to a into a HMO, so is not liable for council tax yet.
Auction Details
We have teamed up with our friends at Town & Country to offer the property via a modern method of auction.
Please be aware any prospective purchaser will be liable to pay a buyers premium and that is £4,000 + VAT.
Energy Performance Certificates
EPC CertificateHigh Street, Winsford, CW7
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Winsford Station1.2 miles
- Hartford Station3.7 miles
- Greenbank Station4.1 miles
Notes
Disclaimer - Property reference P2126. 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 BESPOKE, Sandbach. 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 BESPOKE, Sandbach on 01270 433662.
*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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