15 The Crescent

Ref: Lot 14

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Town & Country Property Auctions Cheshire, Shropshire & Staffordshire
Town & Country Property Auctions Cheshire, Shropshire & Staffordshire

Unconditional (Buyer's Premium)


UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 3%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Description

🏡Description:

Welcome to this exceptional investment opportunity—a fully compliant 5-bedroom HMO located in the heart of Northwich, Cheshire. This property is perfect for investors seeking a high-yield investment with all regulatory compliance in place.

🏡Property Features:

Five Spacious Bedrooms: Each room is designed to meet HMO standards, providing ample space and comfort for tenants. The original features of this property instantly add character and a homely feel.

🧑‍🤝‍🧑Modern Shared Facilities:

Kitchen: A contemporary, fully equipped kitchen with ample storage. The Kitchen is bright and spacious allowing for a room to socialise and to accommodate the tenants comfortably for their own space. Integrated oven and electric hob.

Living Area/Lounge: A beautiful bay window makes this communal lounge bright and spacious. Tall ceilings and an ornate Victorian ceiling rose add to the elegance that this property exudes. There is a fire and wooden surround creating a focal point to the room. A fantastic place to relax or socialise.

Bathrooms: Three fully fitted bathrooms with modern fixtures and fittings, including power showers, ensuring convenience for all tenants. One shower room on the ground floor, communal bathroom on the first floor and an Ensuite on the second floor forming part of bedroom 1.

Outside Workshop: A deceptively large outbuilding formerly used as a workshop and storage, this could easily be converted to another room and bathroom, subject to planning. Great potential to add value.

Cellar: a dry cellar currently used for storage but would convert to another room with a separate entry/exit to the front of the building.

👷Safety and Compliance:

Fully compliant with current HMO licensing regulations.

Integrated fire alarm system and emergency lighting throughout.

Fire doors and smoke detectors installed in every room.

Gas safety certificate, electrical safety certificate, and EPC available.

🛠️Utilities and Amenities:

Central heating and double glazing ensure a warm and energy-efficient home.

A beautifully enclosed garden/patio area offers a fantastic space to enjoy the outside in privacy.

📍Location Benefits:

Situated in a sought-after area with excellent transport links.

Close proximity to local amenities, including shops, supermarkets, cafes, and restaurants.

An attractive option for students and professionals alike.

💰Investment Potential:

Previously achieving £59k gross income illustrates the high rental yield this property can achieve with a strong demand for HMO accommodation.

There is also the potential to add value by converting the outbuilding and cellar to more room (subject to planning) which will also provide additional income.

This property offers a unique opportunity to acquire a high-quality, fully compliant HMO in a prime location. Don’t miss out on this excellent investment—schedule a viewing today!

Contact Information:

For more information or to arrange a viewing, please contact Louise on 0330 175 5889 or email louise.stanway@tcpa.co.uk

Tenure

Freehold

Buyers Premium

* Plus 3% Buyers Premium plus VAT

Pre Auction Offers Are Considered

The seller of this property may consider a pre-auction offer prior to the auction date.  All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit.  To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online.  To find out more information or to make a pre-auction offer please contact us.

Special Conditions

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’.  Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Key Feature 1

Investment opportunity

Key Feature 2

Potential to add value and increase annual income potential.

Council Tax Band

E


* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.

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