£125,000

1 bedroom mixed use for sale

Chester Road, Northwich
house house
bedroom 1 bedroom
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Property description

TO BE SOLD BY ONLINE AUCTION ON 10TH SEPTEMBER 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS.93 Chester Road, Northwich, Cheshire, CW8 1HH.A mixed-use investment property comprising ground-floor office, two-bedroom flat above, and two garages to the rear. Reportedly fully income-producing, generating £15,300 per annum, equating to a gross yield of 12.2% at the guide price of £125,000.The ground-floor office has been let to the same tenant for over 10 years on a longstanding arrangement. The flat is let on a rolling periodic AST managed by a reputable local agent, and the two garages are also let, providing additional income. Edward Mellor have not yet had sight of any paperwork. Together the property offers a diverse and secure income stream with no current voids.There is strong potential to uplift rents, with similar properties in the area achieving higher levels. The office and flat rents could be reviewed, bringing projected income to around £16,800–£17,700 per annum, offering yields up to 14% at the guide price.Situated on Chester Road, a mixed commercial and residential street close to Northwich town centre, the property is well placed for local shops, amenities, and commuter links. The A556, M56, and M6 provide easy access to Chester, Manchester, and the wider region. Northwich rail station is within walking distance, and the town benefits from ongoing regeneration around Barons Quay and the riverfront.EPC rating E.
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Chester Road, Northwich

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Edward Mellor - Auction 65-81 St Petersgate Stockport, Cheshire SK1 1DS
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