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Guide price

£50,000

1 bed flat for sale
Cromer Drive, Crewe, Cheshire CW1

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: D

  • Auction
  • Leasehold

Bridgfords - Crewe Sales

Logo of Bridgfords - Crewe Sales

About this property

    Welcome to Cromer Drive! This charming studio flat in Crewe offers a fantastic opportunity for investors. Located in a popular residential area, the flat is currently tenanted with a monthly rental income of £650, providing an immediate return on investment. This provides a fantastic 13% yield.

    Key Features:
    • Studio Flat: An open-plan living with living/bedroom space, along with a functional kitchen and bathroom.
    • Allocated Parking: One designated parking space included, offering convenience.
    • Tenant in Situ: The property is being sold with an established tenant, generating £650 per calendar month in rental income, making it an ideal buy-to-let investment.
    • Well-Connected Location: Situated in the heart of Crewe, close to local amenities, transport links, and green spaces, ensuring easy access to everything you need.

    The flat is well-presented, with neutral decor throughout, providing a light and airy atmosphere. The open-plan bedroom/reception room is spacious and versatile, ideal for both living and sleeping. A functional kitchen area is included, complete with modern fittings, while the bathroom is equipped with essential fixtures and fittings.

    With the tenant already in place, this property presents a fantastic opportunity for investors looking for instant income. The rental market in Crewe is thriving, making this studio flat an excellent addition to any portfolio.

    Crewe is a vibrant town with a wealth of amenities, including shops, restaurants, and leisure facilities. Transport links are excellent, with Crewe train station just a short distance away, offering direct services to Manchester and London. The property is also well-connected to major road networks, making it an ideal location for commuters.

    Don’t miss out on this fantastic investment opportunity.
    For more information or to arrange a viewing, please contact us today!

    For Sale by Modern Auction - T&Cs apply:

    This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).

    If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding.

    The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the
    Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.

    Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.

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    Property descriptions and related information displayed on this page are marketing materials provided by - Bridgfords - Crewe Sales. 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 Bridgfords - Crewe Sales for full details and further information.