Edleston Road, Crewe
Edleston Road, Crewe
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.
All mains services are available subject to any reconnection which may be necessary.
Each party is responsible for their own legal costs in respect of the sale of this premises.
We have been advised that EPCs are available for each flat and can be found on: https://find-energy-certificate.service.gov.uk/find-a-certificate/type-of-property
Description
An exciting opportunity to acquire a multi-let residential property in the heart of Crewe producing £43,200 per annum from six flats arranged over three floors. Held by our client for over 33 years, this extraordinarily high yielding property is now for sale due to retirement. 168 Edleston Road is situated on a busy thoroughfare to Crewe Town Centre with a range of shops and amenities close by.
Description:
A three storey property of brick construction under a series of pitched clay tile roofs. The premises have a central hallway off which is a stair case to the upper floors, ground floor flats and a shared laundry room to the rear. The property is fully let, producing £43,200 per annum - a schedule of rental income is noted below 'Tenure' within these particulars.
Location:
The property is located on the corner of Edleston Road and Lawton Street approximately 1 mile from the centre of Crewe. There is a public car park opposite and on-street parking available to the side. Sat Nav users should use post code CW2 7EZ.
Accommodation:
The property is configured over three floors and comprises:
Flat 1,1 bed
Flat 2A studio
Flat 2,1 bed
Flat 3 2 bed
Flat 4 3bed
Flat 5 2 bed
Flat 6 2 bed
There is a shared laundry room on the ground floor and we have been advised that all flats have their own electricity supply.
Rating:
According to: https://www.tax.service.gov.uk/check-council-tax-band all flats are listed as being Council Tax band A.
Bjb recommends interested parties make their own enquiries into rates payable or any further business relief which may be available.
Tenure - Freehold:
Freehold subject to the below tenancies:
Flat 1,1 bed - £450.00 pcm
Flat 2A studio - £450.00 pcm
Flat 2,1 bed - £400.00 pcm
Flat 3 2 bed - £550.00 pcm
Flat 4 3bed - £650.00 pcm
Flat 5 2 bed - £550.00 pcm
Flat 6 2 bed - £550.00 pcm
Total annual income £43,200.00
A copy of the tenancies are available for bona fide interested parties to view following acceptance of an offer (Subject to Contract).
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. Where a property is due to go to auction, all bidders will be required to register prior to auction.
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 01782 212201. Opening hours are 9.00-5.30pm, Monday to Friday.
Disclaimer
Butters John Bee Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering purchasing your property in order to rent, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
Butters John Bee Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Location
