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Cromer Drive, Crewe, Cheshire, CW1 1 bed apartment for sale
Cromer Drive, Crewe, Cheshire, CW1
£55,000
Cromer Drive, Crewe, Cheshire, CW1
£55,000
Our Summary
- Investment opportunity
Description
This is an investment opportunity for a studio apartment located on the first floor with off-street parking, situated near Leighton Hospital and Bentley Motors. The property is currently tenanted with a contract expiring in August 2025, generating a rental income of £535 per month (£6,420 per annum). With potential to increase the rent to £550 per month, this could be a lucrative investment. The property is fully managed by Martin & Co and is leasehold with 956 years remaining on the lease. The annual charge is £884, with no review date set, and the property is rated D for energy efficiency and is in Council Tax Band A.