Tenure: Freehold
Once a year a property comes to the market that has huge potential and we may just have that.
In a central location within Winsford is this freehold, mid-terrace property that has full planning permission to convert into a 7-bedroom HMO. For further details on the plans use the planning reference on Cheshire West website which is 23/02930/FUL.
Each room is expected to rent out for somewhere between £100 - £125 per week. Based on £100 per week, per room that could generate an impressive £36,400 per annum. At £125 per room, that's a staggering £45,500 per annum.
As you can see from our photos, the building needs a full renovation in order to be let out. But with this sort of return, could be a fantastic investment for the right people.
EPC rating: D. Council tax band: X, Tenure: Freehold,
Four opaque uPVC double glazed windows to the front elevation, uPVC front entrance door, stairs to the first floor and opening into.
Two rooms either side of space for the stairs case that will lead to the first floor in the proposed plans, one has an opaque uPVC double glazed window to the rear elevation.
Wooden side access door leading out into a small yard, uPVC double glazed window to the side elevation and opening into.
Wooden access door and two windows (one of which is wooden single glazed and the other uPVC and double glazed), tiled floor and pitched roof.
Two uPVC double glazed windows to the front elevation and opening into.
uPVC double glazed windows in each room to the rear elevations.
Our vendors have advised there is a gas supply to the address but there is no central heating in situation currently.
The premises is currently classed as a commercial property but the plans have been approved to convert to a into a HMO, so is not liable for council tax yet.