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2 Bed Flat, Motivated Seller, Crewe, CW1 3BJ £90,000

IVATT HOUSE Blount Close, Crewe, Cheshire, CW1 3BJ - 8 months ago
  1. Deal Search
  2. Crewe
  3. CW1
  4. CW1 3BJ
Leasehold
Negative Equity
Motivated
ROI: 1%
~63 m²

ValuationUndervalued

AI score: 70/100. This may not be accurate, please check manually.

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Links

  • More Deals in Crewe
  • More Deals in CW1
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  • More Motivated Seller Deals in Crewe
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Property History

Listed for £90,000

-51%

April 15, 2025

Sold for £135,950

2007

Floor Plans

Description

  • Sitting Tenant +
  • Over 7% Yield +
  • Excellent Let History +
  • Close To Town Centre & Amenities +
  • Top Floor Apartment +
  • Allocated Parking Space +

Being sold with no-onward chain and with a tenant in situation is this spacious, top floor apartment, in a convenient location, close to Crewe town centre and a number of major employers such as Bentley Motors and Leighton Hospital. If you are first-time investor or a landlord with a large portfolio, purchasing a property with a tenant in situation has many advantages. They include rent from day one, no high letting fees or void periods whilst referencing is done to name a few. The current tenants are paying £665 per month, which generates £6,780 per annum which based on a purchase at £90,000 is just over a 7% yield on your investment. These apartments have proven popular amongst tenants since built in 2005 and there will always be demand for flats like this. EPC rating: B. Tenure: Leasehold, Length of lease (remaining): 104 years 4 months,

Agent Details

BESPOKE, Sandbach

01270 433662

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

AI score: 70/100. This may not be accurate, please check manually.

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