Westminster Street, Crewe, Cheshire, CW2

£160,000 | Available

3 bedroom House For Sale

or call 01270 230043
Standout Features

Property Description

Whitegates Crewe are delighted to present this substantial three-bedroom property situated towards the quieter end of Westminster Street in the popular CW2 area of Crewe. Offered for sale with tenants already in situ and currently achieving £900 per calendar month, the property represents an excellent ready-made investment opportunity for landlords looking to acquire an income-producing property from the outset. At the asking price of £160,000, the current rental income equates to an attractive gross rental yield of approximately 6.75%.

The position of the property is another advantage, being situated towards the upper end of Westminster Street where the road comes to an end. This results in no passing-through traffic directly outside the property and creates a noticeably quieter position than properties situated more centrally along the road. Parking is available on the road, with the property's position towards the end generally providing a more convenient setting than busier sections of the surrounding area. Entering through the porch, you are welcomed into the entrance hallway, providing a practical arrival point and access through to the ground-floor accommodation, with the staircase rising to the first floor. Positioned towards the front is the living room, a well-proportioned reception space providing plenty of room for a comfortable sofa arrangement alongside additional freestanding furniture. The bay window brings natural light into the room and provides additional character to the main living space. Continuing through the property is the particularly generous dining room. This is an excellent-sized second reception space and provides considerably more than simply somewhere for a dining table, with enough room to create a substantial dining and entertaining area alongside additional furniture. Its proportions provide excellent flexibility for tenants and are a real benefit to the overall ground-floor accommodation. Positioned beyond the dining room is the kitchen, extending towards the rear of the property and providing a practical arrangement of fitted units, worktop space and room for the necessary appliances. Its separation from the reception rooms creates clearly defined cooking, dining and living spaces throughout the ground floor, while a rear door provides convenient access outside. Rising to the first floor, the landing provides access to three individual bedrooms and the family bathroom, giving the property a particularly practical layout for a three-bedroom rental home. The principal bedroom is a fantastic size and provides ample room for a double bed alongside wardrobes, drawers and further bedroom furniture. Its generous proportions create a comfortable main bedroom and further enhance the property's appeal within the rental market. Bedroom two is another well-proportioned room with plenty of usable floor space, making it suitable as a permanent bedroom rather than simply an occasional or supplementary room. Bedroom three provides further excellent accommodation and is another useful bedroom with sufficient space for the everyday furniture required by an occupant. Having three genuinely usable bedrooms alongside two separate reception areas gives the property an excellent amount of internal accommodation. The family bathroom completes the first floor and provides a fitted suite including the necessary bathing and sanitary facilities, conveniently positioned from the main landing to serve all three bedrooms. Externally, the property benefits from a good-sized rear garden, providing tenants with valuable private outdoor space. Its generous proportions offer plenty of room for outdoor seating, recreation and general enjoyment during the warmer months, adding further appeal to the property as a long-term rental investment. For investors, the property provides the significant advantage of an established tenancy already generating £10,800 per annum, meaning there is no initial void period associated with sourcing a new tenant. Based on the £160,000 asking price, this produces a gross yield of approximately 6.75%, before allowing for any ownership, management, maintenance or financing costs. Westminster Street is particularly well positioned for access to the amenities surrounding Nantwich Road, with a wide selection of shops, supermarkets and everyday services available nearby. The location also benefits from convenient access to Crewe town centre and Grand Junction Retail Park, while local green spaces and leisure facilities provide further amenities for residents. The location is particularly attractive from a rental perspective due to its transport connections. Crewe Railway Station is approximately half a mile from the Westminster Street area, making the property well placed for commuters and those working locally, while the A500, A530 and wider road network provide convenient connections throughout South Cheshire and towards the M6. There is also a good selection of education nearby, including Edleston Primary School, Pebble Brook Primary School, Gainsborough Primary & Nursery Academy and Ruskin Community High School, adding to the area's appeal for a broad range of tenants. With tenants already in situ paying £900 PCM, a gross rental yield of approximately 6.75%, three bedrooms, two generous reception spaces and a good-sized rear garden, this is an excellent opportunity for landlords looking to add an established rental property to their portfolio. Its quieter position towards the end of Westminster Street, combined with excellent access to Nantwich Road, Crewe Railway Station and the wider town, further strengthens its investment credentials. Early viewing is highly recommended for investors looking to fully appreciate the accommodation, location and ready-made rental opportunity on offer. The Property is being sold subject to an existing tenancy. The tenant will remain in occupation following completion, and the Property is therefore offered for sale as a tenanted investment. Vacant possession will not be available on completion. Tenure - Freehold EPC - C Council Tax - A To comply with legal requirements, all buyers must complete an Anti-Money Laundering (AML) check. If your offer is accepted, you will need to undergo this check through our recommended provider. The fee for the AML check is £48.00, which includes VAT. Thinking about selling your property? For a FREE valuation from one of our local experts, please call or e-mail our Whitegates office, and we will be happy to assist you with an award winning service.


Additional Information
Tenure:
Freehold
Council Tax Band:
A

Rooms
Inner Porch

Hallway

Living Room

3.76m x 3.24m
Dining Room

4.87m x 4.33m
Kitchen

4.33m x 2.68m
Landing

Bedroom One

4.35m x 3.76m
Bedroom Two

4.03m x 2.73m
Bedroom Three

3.24m x 2.65m
Bathroom

1.71m x 1.53m

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Westminster Street, Crewe, Cheshire, CW2

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