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101001011703
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Fixed Price:

£695,000

Main Road, Betley, Crewe, Cheshire, CW3 9AB

INVESTMENT OPPORTUNITY. This extremely well appointed Grade II listed former Georgian farmhouse has been converted into four spacious residential apartments and a village shop/post office. This impressive property occupies a prime position within the much sought after Betley village. Betley is a very well regarded village in North Staffordshire close to the Cheshire border, midway between and within easy reach of the market towns, Nantwich and Newcastle-under-Lyme. The property also offers excellent access to commuter and transport networks with Crewe Train Station only seven miles away and Junction 16 of the M6 a similar distance. Three of the four apartments are currently let on assured shorthold tenancies and the shop/post office has 10 years remaining on a 20 year lease.

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PROPERTY DESCRIPTION INVESTMENT OPPORTUNITY. This extremely well appointed Grade II listed former Georgian farmhouse has been converted into four spacious residential apartments and a village shop/post office. This impressive property occupies a prime position within the much sought after Betley village. Betley is a very well regarded village in North Staffordshire close to the Cheshire border, midway between and within easy reach of the market towns, Nantwich and Newcastle-under-Lyme. The property also offers excellent access to commuter and transport networks with Crewe Train Station only seven miles away and Junction 16 of the M6 a similar distance. Three of the four apartments are currently let on assured shorthold tenancies and the shop/post office has 10 years remaining on a 20 year lease.

ACCOMMODATION

APARTMENT 1 One bedroom ground floor duplex apartment. (currently tenanted at £550pcm)

OPEN PLAN LIVING ROOM / KITCHEN

KITCHEN AREA 8′ 9" x 8′ 6" (2.67m x 2.59m)

LIVING AREA 12′ 5" x 12′ 1" (3.78m x 3.68m)

INNER HALLWAY

BEDROOM 12′ x 11′ 7" (3.66m x 3.53m)

BATHROOM

APARTMENT 2 Ground floor studio apartment. (currently tenanted at £360pcm)

LIVING AREA 20′ 8" x 12′ 8" (max) (6.3m x 3.86m)

KITCHEN 7′ 7" x 7′ 6" (2.31m x 2.29m)

SHOWER ROOM

APARTMENT 3 Two bedroom, first floor apartment. (potential estimated rental income £650pcm)

ENTRANCE HALL

SITTING ROOM 14′ 11" x 12′ 1" (4.55m x 3.68m)

LOUNGE 13′ 9" x 12′ 6" (4.19m x 3.81m)

KITCHEN/DINER 15′ 9" x 8′ 9" (4.8m x 2.67m)

MASTER BEDROOM 15′ 1" (max) x 13′ 2" (max) (4.6m x 4.01m)

BEDROOM TWO 10′ 11" x 8′ 5" (3.33m x 2.57m)

BATHROOM

APARTMENT 4 One bedroom, second floor apartment. (currently tenanted at £470pcm)

ENTRANCE HALL

LOUNGE 18′ 4" (max) x 9′ 8" extending to 14′ 5" (5.59m x 2.95m)

KITCHEN/DINER 16′ 2" x 13′ 8" (4.93m x 4.17m)

BEDROOM 15′ 9" x 9′ 8" (4.8m x 2.95m)

BATHROOM

POST OFFICE / SHOP Currently tenanted at £560pcm with 10 years remaining of a 20 year lease (expires 2030)

SHOP 28′ x 20′ (8.53m x 6.1m) Serving area, store room & w/c.

COMMUNAL AREAS Apartments 2,3 & 4 all accessed via a communal entrance hall. Apartment 1 is accessed via a separate entrance door at the side of the building.

EXTERIOR Residents parking to the front of the property.

AGENTS NOTES The property currently generates a total annual income of £23,280 and offers the potential to increase to £31,080 (on the basis of letting flat 3 at the estimated figure of £650pcm)

GENERAL INFORMATION Viewings
By prior arrangement with Louis Taylor.
Please telephone 01782 622677 to arrange a mutually convenient appointment.

Fixtures and Fittings
Nothing in these sales details is intended to indicate that any carpets or curtains, furnishings or fittings, electrical goods (wired or not), gas fires or light fitments, or any other fixtures and fittings not expressly included, form part of the property being offered for sale. The services and appliances have not been tested.

Measurements
Please note room sizes shown are only intended as an approximate guide, and should not be relied upon. When ordering carpets or fitments you should always have the areas measured by the appropriate supplier.

Photos
Photos are reproduced for general information and it must not be inferred that any item is included for sale with the property.

Purchasing Procedure
(Placing your offer) All offers should be made to the sole selling agent at our Newcastle branch. This procedure is part of our agreement to the seller and should be carried out before contacting a bank, building society or solicitor. Any delay may result in the property being sold to someone else, and survey/legal costs being unnecessarily incurred.
These sales particulars are provided as a general outline and are for guidance only, and do not form any part of an offer or contract. Intending buyers should not rely on them as statements of fact. No one working at Louis Taylor has the authority to make or give any representation or warranty in respect of the property.

Market Appraisal
Thinking of selling? Established 1877 Louis Taylor have the local knowledge and experience to offer you a free market appraisal of your property without obligation. It is worth noting that we may already have a purchaser waiting to buy your home.

Survey & Valuation
To be satisfied as to the condition and/or valuation of the property you are purchasing we strongly recommend that you have a professional independent survey undertaken. Louis Taylor provides a full survey and valuation service (including Energy Performance Certificates). For details on the different types of surveys available and for a specific quotation please contact our Survey Department on 01782 260222 (please note that we are unable to provide a survey on properties that we are selling).
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