Auction House / Cheshire, Staffordshire & Shropshire
  • For Sale By Unconditional Online Auction
  • Guide Price* : £165,000
  • Auction Ended 20/08/2024

229 Nantwich Road, Crewe, Cheshire East, CW2 6NU

FOR SALE VIA ONLINE UNCONDITIONAL AUCTION. BIDDING OPENS MONDAY 19TH AUGUST AT 1PM & CLOSES TUESDAY 20TH AUGUST AT APPROXIMATELY 1PM

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

Lot Type

Residential Investments

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Buyers Premium

£1200 inc VAT payable on exchange of contracts at the fall of the virtual gavel.

Administration Charge

£1200 inc VAT payable on exchange of contracts at the fall of the virtual gavel.

Disbursements

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Loading the bidding panel...

* Guide | £165,000
  • 6 Bedrooms
  • Unconditional (Immediate Exchange)

Call the team on 0345 646 2350 for more information

Floor plan Request more info
Unconditional Sale Terms & Conditions
Finance available on this property
Find out more

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.