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2 bed property
A & B, Edleston Road, Crewe, CW2
Auction
£80,000
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Our Summary
- TO BE SOLD BY ONLINE AUCTION
- TO BE SOLD BY ONLINE AUCTION – 22ND–23RD JULY (UNLESS SOLD PRIOR UNDER AUCTION TERMS) 110A & 110B Edleston Road, Crewe, CW2 7HD An excellent investment opportunity to acquire two self-contained flats, both sold with tenants in situ, reportedly generating an immediate rental income of £875 per calendar month (£10,500 per annum)
- A ready-made investment opportunity offering two self-contained flats with established tenants and an immediate income stream
- The property may also present future potential to enhance rental returns, subject to any necessary consents and market conditions
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Description
The property at 110A & 110B Edleston Road in Crewe is a freehold conversion of two self-contained one-bedroom flats. The ground floor flat has a modern open-plan kitchen/living area, double bedroom, and bathroom, and is rented for £425 per month. The first floor flat has a separate living room, fitted kitchen, double bedroom, and bathroom, and is rented for £450 per month.
The two flats are sold with tenants in place, generating an immediate combined rental income of £875 per month.