£50,000

Empire Mill, Hall O'Shaw Street, Crewe CW1

SSTC

£50,000

1 Bedroom Flat SSTC

Empire Mill, Hall O'Shaw Street, Crewe CW1


Key features

  • 1 Bedroom
  • Entrance Hall
  • Kitchen / Living Room
  • Bathroom
  • Mezzanine Deck
  • Buy To Let Investment
  • Representing A Yield Of 7.86
  • %Walking Distance To Town Centre

An opportunity to acquire a high yielding, let residential investment of undoubted character based upon a spacious first floor apartment with a spiral staircase leading up to a mezzanine deck being just one of four self contained apartments in a carefully converted form period mill premises.

Auctioneer Comments This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.TO VIEW OR MAKE A BID contact Whitegates Estate Agents in Crewe on 01270230043 or visit www.crewe@whitegates.co.uk

Entrance Hall
5.66m x 0.91m (18'7" x 3') having an intercom entry telephone, a security alarm control pad, a smoke alarm, a heating radiator with a thermostat and laminate floor covering.

Kitchen / Living Room
7.70m x 4.14m (25'3" x 13'7") overall measuernment. KITCHEN 13' 7"x 10' 7" fitted with an excellent range of wood faced floor and drawer cupboards with preparation surfaces over, inset sink with a mixer tap, built in Candy stainless steel gas hob, tiled splash areas, matching tall and wall storage cupboards with an integrated refrigerator and freezer and a built in Candy stainless steel electric oven and microwave oven, extractor fan obscure double glazed window and tiled effect laminate floor covering. Baxi Combi Instant HE gas fired boiler providing central heating and hot water. LIVING ROOM 14' 6" x 13' 7" having a heating radiator with a thermostat, two obscure double glazed windows, double glazed sliding patio doors leading out onto the balcony, exposed roof trusses and a spiral staircase leading to the mezzanine floor.

Master Bedroom
4.00m x 2.77m (13'1" x 9'1") having a heating radiator with a thermostat, two obscure double glazed windows and laminate floor covering.

Bathroom
2.54m x 1.83m (8'4" x 6'0") having part fully tiled walls and a modern white suite comprising a panelled bath with a shower and a glass shower screen fitted over, pedestal hand basin and toilet, radiator, extractor fan and an obscure double glazed window.

MEZZANINE DECK
9.30m x 1.47m (30'6" x 4'10") providing a gallery overlooking the Kitchen and the Bedroom having a smoke alarm and offering useful study or storage space.

INVESTOR NOTE
The apartment is currently let and producing £450 per calendar month exclusive of council tax and utility bills.

Lease
Years remaining; 113 yearsService Charges: £500 per annum Ground Rent: £300 per annum

Book a viewing

Contact Whitegates Nantwich

  • 30 Hospital Street
  • Nantwich
  • CW5 5RP

Call 01270 230044

nantwich@whitegates.co.uk

Contact us now