Property for sale in Wistaston Road, Crewe CW2
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Property features
- Fantastic Investment Opportunity
- Company Let For 12 Months
- Managing Agent in Situ
- Fully Occupied
- Gross Income: £21,000 pa
- Gross Yield: 10%
- 2% +VAT Buyer's Fee
Property description
Introducing a fantastic opportunity to purchase this company let HMO in Crewe. Well located, this property presents a great investment prospect. This fully managed HMO offers not only a comfortable living space for it's tenants but a strategic purchase in the thriving rental market. Comprising of 5 bedrooms and 2 bathrooms, a shared kitchen and dining space, this property offers both practical living space and thoughtfully furnished private bedroom spaces.
The property is centrally located in Crewe and the local area offers a great range of amenities both for functionality and leisure purposes, many of which are within walking distance. Compared to some larger cities, Crewe offers a more affordable cost of living, including housing costs which is attractive for individuals looking for more budget-friendly living options. The properties location offers close proximity to larger cities like Manchester and Liverpool. This can be advantageous for commuters able to take advantage of higher wages in a more affordable location.
Income;
Room 1 - £350 / Room 2 - £350 / Room 3 - £350 /
Room 4 - £350 / Room 5 - £350
Total; £1,750 pcm / £21,000 pa
Expenditure;
*The property is currently company let, signed for 12 months since 1 Oct 2023 and pay the bills*
Management- £315 pcm / £3,780 pa
Property info
For more information about this property, please contact
Invest in HMOs, HD8 on +44 1484 973126 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Invest in HMOs, and do not constitute property particulars. Please contact Invest in HMOs for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.