Midwood House, Travis Street, Widnes, Cheshire WA8 6BF
0 Sq Ft
£2,500,000
- Ref: MidwoodHse
- Type: Investment, Residential
- Availability: Sold STC
Situation
Midwood House is situated in the busy centre of Widnes; Located off Gerrard Street and walking distance to McDonalds, KFC, Family Cafes & Restaurants, Asda, Kingsway Leisure Centre and Tesco Extra, Boots, Next, Wilkos, Dominos plus Marks & Spencer's
Description
Midwood House comprises 33 residential studios all with ensuite shower room facilities. Room to extend by a further 23 studios.
There is considerable scope to add value:
Increasing rents
Reducing costs
Increasing studios
Income :
Gross income £237,852 pa (including Building Manager)
Inclusive Rents from £542 to £620 per calendar month
£150 per month extra for couples
£135 deposit
Accommodation
Each studio comes furnished with modern furniture, side table & table lamp, easy chair, floor lamp, dining table complete with 2 chairs, dressing
table & chair, Wifi, TV, fridge freezer, combi microwave, hot plates, toaster, kettle, crockery and cutlery.
Each room benefits from laminate flooring for easy cleaning, blackout blinds and stylish wall art. Each ensuite comprises a shower, WC and hand basin.
Facilities onsite included within the monthly rent:
Cleaning of communal areas
Council Tax
Door/ Main gate entry system with key card
Electricity
Gas fired heating
Launderette - free in house
Outside seating
Storage Unit
Secure bike storage
Secure parking
Smoking shelter
Runcorn/Widnes Bridge : £10 per annum
Water
Wifi
Resident Building Manager
Tenure Comments
Freehold
Price
£2,500,000 Subject to Contract Fully inclusive of fixtures, fittings, furniture, crockery, cutlery etc.
EPC
Available on request.
Midwood House is situated in the busy centre of Widnes; Located off Gerrard Street and walking distance to McDonalds, KFC, Family Cafes & Restaurants, Asda, Kingsway Leisure Centre and Tesco Extra, Boots, Next, Wilkos, Dominos plus Marks & Spencer's
Description
Midwood House comprises 33 residential studios all with ensuite shower room facilities. Room to extend by a further 23 studios.
There is considerable scope to add value:
Increasing rents
Reducing costs
Increasing studios
Income :
Gross income £237,852 pa (including Building Manager)
Inclusive Rents from £542 to £620 per calendar month
£150 per month extra for couples
£135 deposit
Accommodation
Each studio comes furnished with modern furniture, side table & table lamp, easy chair, floor lamp, dining table complete with 2 chairs, dressing
table & chair, Wifi, TV, fridge freezer, combi microwave, hot plates, toaster, kettle, crockery and cutlery.
Each room benefits from laminate flooring for easy cleaning, blackout blinds and stylish wall art. Each ensuite comprises a shower, WC and hand basin.
Facilities onsite included within the monthly rent:
Cleaning of communal areas
Council Tax
Door/ Main gate entry system with key card
Electricity
Gas fired heating
Launderette - free in house
Outside seating
Storage Unit
Secure bike storage
Secure parking
Smoking shelter
Runcorn/Widnes Bridge : £10 per annum
Water
Wifi
Resident Building Manager
Tenure Comments
Freehold
Price
£2,500,000 Subject to Contract Fully inclusive of fixtures, fittings, furniture, crockery, cutlery etc.
EPC
Available on request.