Cromer Drive, Crewe, Cheshire, CW1 1 bed apartment for sale

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Cromer Drive, Crewe, Cheshire, CW1 1 bed apartment for sale

Cromer Drive, Crewe, Cheshire, CW1
£45,000

Price History

Initial price £55,000
01/02/25 £50,000
15/03/25 £45,000
Price Change -18.18%

Description

This is an investment opportunity for a studio apartment located close to Leighton Hospital and Bentley Motors, with off-street parking. The property is currently tenanted with a contract expiring in August 2025, generating a rent of £535 per month (£6,420 per year). With potential to increase the rent to £550 per month, this could be a lucrative investment. The property is leasehold with 956 years remaining on the lease, and annual charges of £884. All necessary safety certificates and compliance are in place, and the property is fully managed by Martin & Co. The property is being sold via the Modern Method of Auction, with a 56-day reservation period.