Cheshire HMO Generating £3,341pcm Rental Income

Location: Crewe Cheshire

Price: £360,000

Discount: Included

This property received full planning approval and is licenced to house up to 8 occupants.

During their years of ownership, the owners have altered the internal layouts. Kitchenettes can now be found in several of the rooms. They felt that this was a wise decision based on the local demand for amenities. Building regs approval was granted (dated 2021).

The property is now let on 6 AST agreements, with a gross income of £3,341 pcm. The current lettings / management agent can be retained allowing for a smooth transition into the new ownership.

The property is on one of the main roads into the town centre. High street shops as well as a new Aldi supermarket are within a couple of hundred yards.

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Please Note: Property values can decrease as well as increase. No express or implied income claims are made herein. Historic performance should not be taken as a guarantee of future performance. Leveraged property investment with mortgage finance can increase the risk of losing money as well as increasing the possible gains.

Sherwood Estate Agency Ltd uses all reasonable efforts to ensure that the property information published on the website and in the investment packs and elsewhere are accurate, current and complete at the date of publication; no warranties or representations are made or implied as to the accuracy of such information.