Whitegates in Crewe is excited to present an exceptional opportunity to invest in a four-bedroom House in Multiple Occupation (HMO) that offers both comfort and profitability. This property features four single-let bedrooms, a communal living room, a spacious kitchen, a utility room, a ground floor shower room, and a first floor shower room. Externally, there is off-road parking for three cars at the rear of the property. The HMO currently generates an income of £15,900 per year, including bills, with two long-term tenants already in place. It is ideally located within walking distance of Crewe train station, Crewe town center, various employment opportunities, and amenities. Contact Whitegates today to arrange a viewing!
As you step through the inviting hallway entrance, you are welcomed by the charm of the property, which leads to the well-appointed Bedroom Three and a spacious communal living room. Bedroom Three features a delightful bay window, creating a bright and airy atmosphere, and currently accommodates a long-term tenant, generating a steady income of £385 per calendar month.
The communal living room is designed for relaxation and socialisation, furnished with two comfortable sofas, a cosy rug, and a coffee table, making it the perfect space for tenants to unwind after a long day.
The spacious kitchen offers ample cupboard space to meet the needs of all four tenants. Equipped with an integrated oven and induction hobs, this kitchen is both functional and stylish, encouraging tenants to enjoy cooking and dining together. The combi-boiler, which is only six years old, is also located in the kitchen. Adjacent to the kitchen, the utility room enhances convenience with its freestanding fridge/freezer, washing machine, and additional fridge and freezer, ensuring that all household chores are easily managed. Access to the ground floor shower room from this area adds to the practicality of the layout, making it an ideal living arrangement for busy professionals or students.
Ascending to the first floor, you will find three generously sized bedrooms, each offering unique features and rental potential. Bedroom One stands out with its two front-facing windows, providing an abundance of natural light and ample space for a sofa, generating a rental income of £480 per month from a long-term tenant. Bedroom Two commands £435 per month, while Bedroom Four, a cosy smaller double room, generates a respectable £450 per month. The shared bathroom, complete with a corner bathtub and walk-in shower, adds a touch of luxury to the living experience.
Externally, the property features a small gated front yard, while the rear offers a low-maintenance west-facing patio and driveway parking for up to three cars. This HMO is not only a smart investment but also a desirable home for tenants.
Ease of access into the Crewe Town Centre, with the train station and bus station in close proximity and plenty of bus stops within touching distance. Additional transport links include easy access to the A500, A530 and the M6.
Crewe Town Centre and Nantwich Road offers an abundance of local amenities, working opportunities as well as sporting facilities. Walking distance to Westminster Street park and Nursey School. Slightly further to the South West you will find Nantwich, which is a beautiful and historic Town, filled with boutique shops, historical buildings, sporting facilities, bars and restaurants.
Well-regarded schools are also within touching distance, with Edleston Primary, Gainsborough Primary and The Oak Academy among some of the primary schools, and high schools include Ruskin, St Thomas Moore and Sir William Stanier. South Cheshire College and the Engineering College are also easily accessible.
Tenure - Freehold
Council Tax Band - A
EPC Rating - Currently D, with the potential to become a B
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.
Agent Details
Whitegates, Crewe
01270 433736
Next Steps?
This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪
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