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Queens Park Gardens, Crewe, Cheshire 3 bed apartment for sale
Queens Park Gardens, Crewe, Cheshire
£200,000
Queens Park Gardens, Crewe, Cheshire
£200,000
Our Summary
- Leasehold: 77 years remainingService Charge: £39 per annumCommunal Area Electric Charge: Approx £10 per quarterBuilding Insurance: Approx £260 per annumGround Rent: £79 per annum(All above per apartment)Currently Managed by Leaders, all 3 apartments are currently tenanted by reliable long term tenants the properties are sold with tenants in situ making this opportunity an investors dream with an annual income of £16,320 with potential to increase
Description
This property offers a fantastic investment opportunity for first-time investors or seasoned landlords, featuring three apartments in a quiet cu de sac. The block consists of a 1-bedroom apartment on the first floor and two large studio apartments, one on the ground floor and the other on the first floor. Each apartment boasts an allocated parking space and is located within walking distance of Queens Park, making it a popular spot for tenants. The properties are currently tenanted by reliable long-term tenants, generating an annual income of £16,320, and can be purchased individually if required. The leasehold has 77 years remaining, and the service charge, communal area electric charge, building insurance, and ground rent are all reasonable and affordable.