£295,000

Property for sale

  1. Property photo 1 of 12.
  2. Property photo 2 of 12.
  3. Property photo 3 of 12.
Freehold

£295,000

(£188.62/sq. ft)

Property for sale

Gresty Road, Crewe CW2

1,564 sq. ft

Local area information

Property location

Nearby amenities

  • Crewe 0.3 miles
  • Ruskin Community High School 0.5 miles
  • Pebble Brook Primary School 0.6 miles
  • Nantwich 3.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
A fully let investment consisting of 5 residential flats, parking space and additional building to the rear that may suit further development. All 5 flats are currently let on an inclusive basis the total net income after utilities is £24,328.

Description

A well maintained building consisting of 5 individual flats, communal hall and staircase, yard / parking for potentially 2 small vehicles and an additional 2 storey building that may suit conversion. The two ground floor flats have separate entrances as well as access via the communal entrance. The property benefits from gas central heating, double glazing, recently painted and carpeted communal area and a new roof on the lower section.

Location

The property is located on the corner of Gresty Road and Bedford Street opposite Crewe Football Stadium. The property is within a short drive of Nantwich Road and Crewe Station in one direction and the A500 leading to M6 in the other direction.

Accommodation

Flat 1
Lounge / Kitchen : 290 sq ft (26.95 sq m)
Bedroom : 94 sq ft (8.73 sq m)
Shower room

Flat 2
Lounge / Bedroom : 220 sq ft (20.45 sq m)
Kitchen : 81 sq ft (7.56 sq m)
Shower room

Flat 3
Lounge / bedroom : 200 sq ft (18.57 sq m)
Kitchen : 78 sq ft (7.22 sq m)
Shower room

Flat 4
Lounge : 162 sq ft (15.04 sq m)
Bedroom : 104 sq ft (9.68 sq m)
Kitchen : 49 sq ft (4.58 sq m)
Shower room

Flat 5
Lounge / Kitchen : 174 sq ft (16.16 sq m)
Bedroom : 112 sq ft (10.36 sq m)
Shower Room

Total : 1,564 sq ft (145.3 sq m)

Outside : Parking for 1 to 2 cars, additional 2 storey building (not inspected) approx 318 sq ft gf.

Services

All mains services are available subject to any reconnection which may be necessary.

Planning

Bjb recommend that potential occupiers make their own enquiries to the local authority in order to satisfy themselves that their proposed use is authorised in planning terms.

Rating

Each flat is listed for individual council tax and according to the voa each one is listed as band A.

Tenure - Freehold

Freehold subject to existing leases in place.

Rent & Utilities

The flats are let on an all inclusive basis with current annual cost for utilities at £11,000 per annum

Flat 1 - £527 pcm
Flat 2 - £557 pcm
Flat 3 - £600 pcm
Flat 4 - £585 pcm
Flat 5 - £675 pcm

Total - £2,944 pcm / £35,328 pa

Net income approx £24,328 with additional potential income from conversion.

Epc

Energy Performance Certificate number and rating as follows;

Flat 1 - 66 D
Flat 2 - 68 D
Flat 3 - 63 D
Flat 4 - 61 D
Flat 5 - 59 D

Proof Of Identity

To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee.

Legal Costs - Sale

Each party is responsible for their own legal costs in respect of the sale of this premises.

Viewing

Strictly by appointment via bjb commercial, Suite 1, Albion House, No.2 Etruria Office Village, Forge Lane, Festival Park, Stoke-on-Trent, ST1 5RQ
Telephone . Opening hours are 9.00-5.30pm, Monday to Friday.

Photographs

Please note the photographs for Flat 5 were prior to decoration and occupation.

More information

Report this listing

Listed by

Property descriptions and related information displayed on this page are marketing materials provided by - Butters John Bee - Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Butters John Bee - Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Cheshire
  4. Crewe
  5. Gresty Road

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.