Full description
A Fantastic Investment Opportunity to own a 5/6 bed Multiple Occupancy property that is current yielding in excess of 13% per annum.
Fully refurbished in 2013 by the vendor, the property is currently let to a care company but would also be well suited for multiple occupancy or student living.The accommodation comprises of 5 en-suite rooms, of which four are double rooms and one is a single, a communal kitchen / diner, a fitted utility and a 6th bedroom located in the loft space.
Crewe is a large conurbation located in Cheshire East. Noted for its large railway engineering site at the Crewe Works the town is also home to the Bentley motor car factory and a number of business parks surround the town. Being located close to M6 Junction 16 and also with Crewe railway station being a major interchange station on the West Coast Main line, Crewe has excellent transport links and infrastructure. For air travel, the closest airport is Manchester which is located approx. 30 miles away.Looking ahead it is currently the plan for Crewe to be linked to the proposed HS2 line via a connection from the West Coast Main Line just to the south of the town. If this proposed development goes ahead it is thought that it will be possible to travel from Crewe to London in 58mins.
Bedrooms 1, 2, 3 & 4: The four main bedrooms to the property are all double rooms in neutral decoration and with generous en-suites. The bathroom suites are white and comprise a shower, pedestal mounted sink and low level, close coupled W/C. The bedrooms also have the benefit of a small kitchenette and space for a refrigerator.
Kitchen: The large dining kitchen in set to the rear of the property and forms the social hub of the house. Neutrally decorated and with integrated cooker and hobs, this is a large functional space.Utility: Set to the rear of the kitchen area this fitted utility has low level fitted units in white and space for a washing machine and a dryer.Staff accommodation:
The fifth bedroom to the property is currently used as staff accommodation in the care home and is located to the rear of the property on the ground floor, adjacent to the utility. This is a good sized single room with neutral decoration and is also served by a good sized en-suite bathroom to the rear.
Bedroom 6: Bedroom 6 is located in the loft space and would make a good sized bedroom - though it is currently used for storage - or an additional reception / recreation space. This bedroom does not have the benefit of en-suite facilities.Exterior: The front of the property provides direct access onto West Street. The rear of the property is covered by a block paved yard for minimal maintenance.