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EPC

3 bedroom semi-detached house

Auction
Study
Semi-detached house
3 beds
1 bath
807
EPC rating: D
Added > 14 days

Key information

TenureFreehold
Council taxBand A
BroadbandUltra-fast 1800Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

Guide Price £100,000 £3000 plus vat
For sale by unconditional online auction.


To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk

An excellent investment opportunity, this three-bedroom semi-detached property is currently let on a serviced accommodation basis and generating a strong gross annual income of £24,000. Based on the guide price, this represents a near 24% gross yield, making it a standout prospect for investors seeking high returns.

An excellent investment opportunity, this three-bedroom semi-detached property is currently let on a serviced accommodation basis and generating a strong gross annual income of £24,000. Based on the guide price, this represents a near 24% gross yield, making it a standout prospect for investors seeking high returns. The property is let to a company tenant, offering a hands-off, income-generating asset from day one. Please note, the property is of non-standard construction, making it best suited to cash buyers or experienced landlords familiar with this type of build.

Located in a well-established residential area of Crewe, the home also benefits from a brick-built outbuilding in the rear gardenideal for a home office, garden bar, or additional recreational space. The accommodation comprises three bedrooms and generous living areas, fully equipped for ongoing use as a high-yield short-stay rental. With strong local demand for serviced accommodation and excellent access to Crewe town centre and transport links, this is a rare opportunity to secure a high-performing asset in a convenient and desirable location.

Properties sold close by:
66, Moreton Road, Crewe, CW2 8QT - Sold - 26/08/2022 - £170,000
15, Sweet Briar Crescent, Crewe, CW2 8PE - Sold - 28/07/2022 - £186,000
30, Sweet Briar Crescent, Crewe, CW2 8PE - Sold - 05/04/2024 - £145,000

Tenure
Freehold

UNCONDITIONAL - Contracts are exchanged on the fall of the hammer and a 10% deposit will be taken from the highest bidder. This deposit will contribute towards the purchase price.

Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

About this agent

Town & Country Property Auctions - Cheshire, Staffordshire and Shropshire
Town & Country Property Auctions - Cheshire, Staffordshire and Shropshire
23 - 25 Market Street, Crewe, Cheshire CW1 2EW
0161 937 0131
Full profileProperty listings
Our story Town & Country can trace their history back to the early building societies of the nineteenth century, and more latterly the Town & Country Building Society which was formed in 1974. Town & Country Estate Agents formed in 1991 gaining immediate success with a model putting customer service to the forefront. Following expansion over North Wales, North-West and Shropshire, estate agency headquarters were established in Chester City Centre in 2007. 2010 saw the establishment of Town & Country Property Auctions with expansion into the UK, Ireland and overseas in 2018. The continued growth of TCPA nationwide has facilitated a move to new prestigious premises at Regus House, Chester followed by the development of a new digital marketplace for property auctions, with the goal of providing an easy to use, transparent platform for auction buyers and sellers in the modern age.
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