The Commons, Sandbach, Sandbach, CW11
For Sale

9 bedroom Block of Apartments For Sale

Guide Price £450,000

9 Bedrooms
4 Bathrooms
5 Receptions
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Crewe and Nantwich

221 Nantwich Road, 
Crewe, 
CW2 6DA, 
Property Description

An exciting opportunity to acquire a substantial block of five self-contained apartments situated in a prime town centre position on The Commons, in the heart of Sandbach. This property is for sale by the Modern Method of Auction.

Offering enormous potential, this impressive lot presents an ideal proposition for investors, developers and landlords seeking a rewarding refurbishment project with multiple exit strategies, whether that be renovating and reselling the individual apartments or creating a strong long-term rental portfolio.

The property comprises five exceptionally spacious apartments, all benefiting from generous room proportions and an abundance of natural light throughout.

One apartment has been fully renovated to an excellent standard and will be sold with a tenant in situ, currently generating £850 PCM, providing an immediate income stream from day one. This particular apartment also benefits from its own private entrance and independent access, offering additional appeal for both current and future occupiers.

The remaining four apartments have been stripped back to shell condition and are ready for complete refurbishment. The hard work of clearing out has already been undertaken, allowing purchasers to design and finish the accommodation to their own specification. Existing bathroom suites remain in place, creating an excellent foundation for redevelopment.

Positioned above commercial premises (which are not included within the sale), the apartments occupy a highly desirable location in Sandbach town centre, making them particularly attractive to tenants due to their immediate proximity to an array of amenities, independent shops, restaurants, cafés, supermarkets and excellent transport links, all within easy walking distance.

The title will be separated upon completion, with the apartments being sold on a 999-year leasehold basis, with a service charge applicable.

This is a rare opportunity to acquire a substantial development project in one of Cheshire's most sought-after market towns, offering significant scope to add value and create a highly desirable residential investment.

 

 Council Tax Bands: 

3a The Commons, SANDBACH, CW11 1EG             C            

3b, The Commons, SANDBACH, CW11 1EG            C            

3c, The Commons, SANDBACH, CW11 1EG            D            

3d The Commons, SANDBACH, CW11 1EG             C            

7a, The Commons, SANDBACH, CW11 1EG            C

 

 

EPC Ratings: 

3a The Commons, SANDBACH, CW11 1EG             C            

3b, The Commons, SANDBACH, CW11 1EG            C            

3c, The Commons, SANDBACH, CW11 1EG            D            

3d The Commons, SANDBACH, CW11 1EG             C            

7a, The Commons, SANDBACH, CW11 1EG            C

 

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional. EPC rating: D. Council tax band: X, Tenure: Leasehold,

Additional Information
EPC Rating:
D
Tenure:
Leasehold

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The Commons, Sandbach, Sandbach, CW11

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