3 Bed Detached House, Refurb/BRRR, Crewe, CW1 4PT, £400,000





ValuationOvervalued
Sold Prices | £70K - £260K |
Sold Prices/m² | £1.2K/m² - £3.2K/m² |
| |
Square Metres | ~94.10 m² |
Price/m² | £4.3K/m² |
Value Estimate | £181,874£181,874 |
| |
End Value (After Refurb) | £198,656£198,656 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £100,000£100,000 |
Stamp Duty & Legal Fees | £20,700£20,700 |
Refurb Costs | £39,647£39,647 |
Bridging Loan Interest | £10,500£10,500 |
Total Cash In | £172,597£172,597 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £198,656£198,656 |
Mortgage (After Refinance) | £148,992£148,992 |
Mortgage LTV | 75%75% |
Cash Left In | £172,597£172,597 |
Equity | £49,664£49,664 |
Rent Range | £780 - £3,000£780 - £3,000 |
Rent Estimate | £1,269 |
Running Costs/mo | £895£895 |
Cashflow/mo | £374£374 |
Cashflow/yr | £4,493£4,493 |
ROI | 3%3% |
Gross Yield | 4%4% |
Local Sold Prices
50 sold prices from £70K to £260K, average is £165K. £1.2K/m² to £3.2K/m², average is £2K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£230K | 02/21 | 0.22 mi | 9, Warmingham Road, Crewe, Cheshire CW1 4PU | £1,933 | 119 | 3 | Semi-Detached House | |
£82K | 08/21 | 0.36 mi | 59, Stoneley Avenue, Crewe, Cheshire East CW1 4NH | £1,281 | 64 | 3 | Semi-Detached House | |
£115K | 10/20 | 0.36 mi | 20, Stoneley Avenue, Crewe, Cheshire CW1 4NH | £1,322 | 87 | 3 | Terraced House | |
£153K | 11/21 | 0.37 mi | 52, Broughton Road, Crewe, Cheshire East CW1 4NT | £2,224 | 69 | 3 | Semi-Detached House | |
£163K | 03/21 | 0.37 mi | 48, Broughton Road, Crewe, Cheshire East CW1 4NT | £1,811 | 90 | 3 | Semi-Detached House | |
£118K | 12/20 | 0.39 mi | 8, Stoneley Road, Crewe, Cheshire CW1 4NG | £1,326 | 89 | 3 | Terraced House | |
£147K | 02/23 | 0.4 mi | 1, Merchants Court, Crewe, Cheshire East CW1 4GB | £2,371 | 62 | 3 | Semi-Detached House | |
£130K | 02/23 | 0.42 mi | 3, Merchants Court, Crewe, Cheshire East CW1 4GB | £2,000 | 65 | 3 | Semi-Detached House | |
£120K | 02/21 | 0.42 mi | 17, Merchants Court, Crewe, Cheshire CW1 4GB | £1,846 | 65 | 3 | Terraced House | |
£90K | 02/23 | 0.47 mi | 67, North Street, Crewe, Cheshire East CW1 4NJ | £1,286 | 70 | 3 | Semi-Detached House | |
£227.5K | 03/23 | 0.48 mi | 16, Sheringham Drive, Crewe, Cheshire East CW1 3XJ | - | - | 3 | Detached House | |
£200K | 01/23 | 0.5 mi | 29, Wareham Drive, Crewe, Cheshire East CW1 3XA | £2,857 | 70 | 3 | Semi-Detached House | |
£180K | 11/21 | 0.52 mi | 22, Bleasdale Road, Crewe, Cheshire East CW1 4PZ | £2,045 | 88 | 3 | Detached House | |
£177K | 04/23 | 0.52 mi | 15, Parkstone Drive, Crewe, Cheshire East CW1 3XP | - | - | 3 | Semi-Detached House | |
£185K | 11/20 | 0.52 mi | 8, Buttermere Drive, Crewe, Cheshire CW1 4QA | £1,457 | 127 | 3 | Semi-Detached House | |
£260K | 08/23 | 0.53 mi | 15, William Morrey Close, Crewe, Cheshire East CW1 4ST | - | - | 3 | Detached House | |
£231K | 01/23 | 0.55 mi | 2, Churchmere Drive, Crewe, Cheshire East CW1 4SN | £2,924 | 79 | 3 | Detached House | |
£140K | 01/21 | 0.55 mi | 2, Churchmere Drive, Crewe, Cheshire East CW1 4SN | £1,772 | 79 | 3 | Detached House | |
£126K | 12/20 | 0.55 mi | 61, Remer Street, Coppenhall, Crewe, Cheshire CW1 4LU | £1,518 | 83 | 3 | Semi-Detached House | |
£185K | 12/22 | 0.56 mi | 7, Sheringham Drive, Crewe, Cheshire East CW1 3XJ | £2,151 | 86 | 3 | Semi-Detached House | |
£70K | 01/21 | 0.57 mi | 14, Kempton Avenue, Coppenhall, Crewe, Cheshire CW1 3TB | - | - | 3 | Semi-Detached House | |
£120K | 12/20 | 0.58 mi | 6, Hawthorn Grove, Crewe, Cheshire East CW1 4HR | £1,412 | 85 | 3 | Terraced House | |
£180K | 04/21 | 0.58 mi | 199, Broad Street, Crewe, Cheshire East CW1 4JJ | £1,429 | 126 | 3 | Terraced House | |
£125.5K | 03/21 | 0.58 mi | 106, Mablins Lane, Crewe, Cheshire East CW1 3RG | - | - | 3 | Semi-Detached House | |
£117K | 03/21 | 0.59 mi | 268, Middlewich Street, Crewe, Cheshire East CW1 4DP | £1,721 | 68 | 3 | Semi-Detached House | |
£192K | 04/23 | 0.59 mi | 254, Middlewich Street, Crewe, Cheshire East CW1 4DP | £2,462 | 78 | 3 | Semi-Detached House | |
£180K | 02/23 | 0.59 mi | 256, Middlewich Street, Crewe, Cheshire East CW1 4DP | £2,118 | 85 | 3 | Semi-Detached House | |
£195K | 03/21 | 0.61 mi | 8, Harris Close, Leighton, Crewe, Cheshire CW1 4TQ | £2,708 | 72 | 3 | Detached House | |
£175K | 03/21 | 0.62 mi | 9, Newbury Avenue, Crewe, Cheshire East CW1 3TG | - | - | 3 | Semi-Detached House | |
£93K | 05/21 | 0.62 mi | 37, Lime Tree Avenue, Crewe, Cheshire East CW1 4HN | - | - | 3 | Terraced House | |
£178K | 03/21 | 0.62 mi | 37, Mills Way, Leighton, Crewe, Cheshire East CW1 4TF | £2,405 | 74 | 3 | Detached House | |
£107.5K | 02/21 | 0.63 mi | 8, Lime Tree Avenue, Crewe, Cheshire East CW1 4HW | - | - | 3 | Semi-Detached House | |
£160K | 11/20 | 0.63 mi | 68, Greenway, Crewe, Cheshire CW1 4JN | £1,702 | 94 | 3 | Semi-Detached House | |
£190K | 06/23 | 0.63 mi | 25, Greenway, Crewe, Cheshire East CW1 4JN | - | - | 3 | Semi-Detached House | |
£160K | 01/21 | 0.63 mi | 38, Greenway, Crewe, Cheshire CW1 4JN | £1,720 | 93 | 3 | Semi-Detached House | |
£240K | 01/23 | 0.63 mi | 207, Middlewich Street, Crewe, Cheshire East CW1 4DN | £3,158 | 76 | 3 | Semi-Detached House | |
£155K | 06/21 | 0.64 mi | 117, Remer Street, Coppenhall, Crewe, Cheshire CW1 4LZ | £2,631 | 59 | 3 | Semi-Detached House | |
£138K | 11/21 | 0.64 mi | 125, Remer Street, Coppenhall, Crewe, Cheshire East CW1 4LZ | - | - | 3 | Semi-Detached House | |
£190K | 12/22 | 0.65 mi | 12, Bailey Close, Coppenhall, Crewe, Cheshire East CW1 3SY | - | - | 3 | Semi-Detached House | |
£130K | 09/21 | 0.66 mi | 275, Underwood Lane, Crewe, Cheshire East CW1 3SG | £2,167 | 60 | 3 | Semi-Detached House | |
£130K | 11/20 | 0.66 mi | 293, Underwood Lane, Crewe, Cheshire CW1 3SG | £1,688 | 77 | 3 | Semi-Detached House | |
£250K | 06/23 | 0.67 mi | 52, Lambourn Drive, Leighton, Crewe, Cheshire East CW1 4TW | - | - | 3 | Detached House | |
£187.5K | 10/20 | 0.67 mi | 10, Lambourn Drive, Leighton, Crewe, Cheshire CW1 4TW | £2,568 | 73 | 3 | Detached House | |
£167K | 02/21 | 0.67 mi | 5, Carrington Way, Crewe, Cheshire CW1 3YE | £2,257 | 74 | 3 | Detached House | |
£175K | 02/23 | 0.69 mi | 103, Kestrel Drive, Crewe, Cheshire East CW1 3YX | - | - | 3 | Semi-Detached House | |
£173K | 01/21 | 0.69 mi | 94, Kestrel Drive, Crewe, Cheshire East CW1 3YX | £2,239 | 77 | 3 | Semi-Detached House | |
£105.5K | 08/21 | 0.7 mi | 2, Maple Grove, Crewe, Cheshire East CW1 4DY | £1,249 | 84 | 3 | Semi-Detached House | |
£181.5K | 07/21 | 0.7 mi | 39, Kestrel Drive, Crewe, Cheshire CW1 3RY | £2,255 | 81 | 3 | Detached House | |
£185K | 12/22 | 0.7 mi | 27, Kestrel Drive, Crewe, Cheshire East CW1 3RY | - | - | 3 | Semi-Detached House | |
£162K | 06/21 | 0.7 mi | 14, Melrose Drive, Crewe, Cheshire CW1 3YD | £2,440 | 66 | 3 | Detached House |
Local Rents
37 rents from £780/mo to £3K/mo, average is £900/mo.
Rent | Date | Distance | Address | Beds | Type | |
£950 | 07/24 | 0.49 mi | - | 3 | Semi-Detached House | |
£895 | 12/24 | 0.73 mi | Thornfields, Crewe, CW1 | 3 | Detached House | |
£895 | 12/24 | 0.74 mi | Verdin Court, Crewe | 3 | Detached House | |
£995 | 12/24 | 0.74 mi | Lyceum Way, Crewe | 3 | Detached House | |
£1,500 | 11/23 | 0.74 mi | - | 3 | Detached House | |
£1,150 | 12/24 | 0.75 mi | Merlin Way, Coppenhall, Crewe, Cheshire, CW1 3RZ | 3 | Detached House | |
£875 | 12/24 | 0.84 mi | Selworthy Drive, Crewe | 3 | Detached House | |
£1,200 | 11/23 | 0.9 mi | - | 3 | Semi-Detached House | |
£1,250 | 03/25 | 0.92 mi | - | 3 | Detached House | |
£2,500 | 12/24 | 1.04 mi | - | 3 | Semi-Detached House | |
£2,500 | 12/24 | 1.04 mi | - | 3 | Semi-Detached House | |
£2,500 | 12/24 | 1.04 mi | - | 3 | Semi-Detached House | |
£895 | 12/24 | 1.06 mi | Westbourne Avenue, Crewe | 3 | Flat | |
£895 | 12/24 | 1.06 mi | Westbourne Avenue, | 3 | Detached House | |
£900 | 12/24 | 1.06 mi | - | 3 | Semi-Detached House | |
£895 | 03/25 | 1.07 mi | - | 3 | Terraced House | |
£3,000 | 12/24 | 1.08 mi | - | 3 | Semi-Detached House | |
£3,000 | 12/24 | 1.08 mi | - | 3 | Semi-Detached House | |
£1,200 | 12/24 | 1.09 mi | - | 3 | Semi-Detached House | |
£1,200 | 01/25 | 1.09 mi | - | 3 | Semi-Detached House | |
£1,200 | 12/24 | 1.09 mi | Newfield Drive, Crewe, CW1 | 3 | Detached House | |
£925 | 12/24 | 1.11 mi | - | 3 | Semi-Detached House | |
£900 | 10/24 | 1.13 mi | - | 3 | Terraced House | |
£940 | 03/25 | 1.15 mi | - | 3 | Terraced House | |
£795 | 12/24 | 1.15 mi | - | 3 | Terraced House | |
£780 | 01/24 | 1.16 mi | - | 3 | Terraced House | |
£780 | 12/24 | 1.16 mi | - | 3 | Terraced House | |
£780 | 12/24 | 1.16 mi | - | 3 | Terraced House | |
£800 | 12/24 | 1.16 mi | - | 3 | Terraced House | |
£815 | 03/25 | 1.19 mi | - | 3 | Terraced House | |
£895 | 12/24 | 1.19 mi | - | 3 | Terraced House | |
£850 | 12/24 | 1.21 mi | - | 3 | Terraced House | |
£1,100 | 12/24 | 1.23 mi | Chassagne Square, Crewe | 3 | Flat | |
£875 | 02/25 | 1.23 mi | - | 3 | Terraced House | |
£795 | 12/24 | 1.23 mi | - | 3 | Semi-Detached House | |
£900 | 12/24 | 1.23 mi | Richmond Road, Crewe | 3 | Terraced House | |
£875 | 02/25 | 1.23 mi | - | 3 | Terraced House |
Local Area Statistics
Population in CW1 | 42,16042,160 |
Population in Crewe | 101,534101,534 |
Town centre distance | 1.57 miles away1.57 miles away |
Nearest school | 0.40 miles away0.40 miles away |
Nearest train station | 2.06 miles away2.06 miles away |
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Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +32%+32% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +22%+22% |
Property History
Listed for £400,000
March 24, 2022
Floor Plans


Description
AN INTERESTING OPPORTUNITY TO ACQUIRE A DETACHED COUNTRY COTTAGE WITH TREMENDOUS POTENTIAL AND SCOPE, STANDING IN GROUNDS TOTALLING 1.30 ACRES.
REQUIRING SOME UPDATING ENJOYING AN OPEN ASPECT.
A INTERESTING OPPORTUNITY TO ACQUIRE A DETACHED COUNTRY COTTAGE WITH TREMENDOUS POTENTIAL AND SCOPE, STANDING IN GROUNDS TOTALLING 1.30 ACRES.
REQUIRING SOME UPDATING ENJOYING AN OPEN ASPECT.
Summary - Entrance Hall, Sitting Room, Dining Room, Kitchen, Cloak/Bathroom, First Floor, Three Bedrooms, Bathroom. Breeze Block Garage, Precast Garage.
Directions - From Nantwich take the A530 Middlewich Road and continue along here to Leighton Hospital. Turn right into Smithy Lane, proceed over the mini roundabout onto Bradfield Road, At the traffic lights, turn left into Parkers Road, continue past the Eight Farmers Public house, over the railway bridge, past Broughton Road and the next turning on the right into Waldron's Lane and the property is situated 100 yards on the right hand side.
Location And Amenities - This is a popular semi rural locality in the confines of Crewe. The property occupies a central position within the grounds and has an open aspect to the front and rear. Within the hamlet there is the White Lion public house and day to day facilities available in Parkers Road, including the Co Operative store and Bargain Booze. There is primary education on Mablins Lane.
Crewe town centre is approximately 1.5 miles and contains a wide variety of business opportunities and a fast intercity railway network (London Euston 90 minutes, Manchester 40 minutes).
Description - The property is of brick construction with rendered elevations all under a tiled roof. It has been in the same family for a number of years and has been maintained but would not benefit from further programme of renovation/modernisation. Any purchaser will be drawn to the extensive gardens to the rear and size/ orchard area extending to 0.5 of an acre with the additional fenced paddock to the right which is approximately 0.72 of an acre and therefore offers ample opportunity for people with small stock keeping or equestrian interests.
The Accommodation Comprises -
Sitting Room - 3.96m x 3.66m (13'0" x 12'0") - Tiled/wooden fireplace, double glazed window to front, French door to side, TV point, two wall light points
Dining Room - 3.96m x 2.44m (13'0" x 8'0") - Stone feature fireplace, two double glazed windows
Kitchen - 3.40m x 3.05m (11'2" x 10'0") - A range of oak style units, work surfaces, sink unit, storage and wall cupboards, electric hob unit, Siemens oven, built in microwave, plumbing for washing machine, views to the rear through double glazed window, double glazed personal door to rear.
Cloak/Bathroom - Panelled bath with shower over, pedestal wash basin, low level WC, part tiled walls, heated towel rail, tiled floor, double glazed window.
Inner Hall With Stairs To First Floor Accommodatio - Electric radiator
Bedroom - 3.66m x 3.02m (12'0" x 9'11" ) - Fitted wardrobe, double glazed window.
Bedroom (Front) - 3.86m x 2.44m (12'8" x 8'0") - Access to loft, double glazed window.
Bedroom (Rear) - 3.86m x 3.35m (12'8" x 11'0") - Two fitted wardrobes with cupboards above, built in cupboard, double glazed window.
Bathroom - 4.39m x 1.22m (14'5" x 4'0") - Vanity wash basin, enclosed WC, built in storage cupboards, 12000mm shower cubicle with power unit, Xpelair, heated towel rail, double glazed window, tiled floor
Outside - Ample turning and parking area.
Breeze Block GARAGE 24'9" x 19'4"
Precast GARAGE 22'0" x 10'0"
Gardens And Paddock - See enclosed plan.
To the rear of the property there is a lawned area, to the side there is an orchard area being hedge lined. all in excess of 0.5 acres.
In a Westerly direction there is a fully enclosed grazing paddock which is 0.7 of an acre.
Redevelopment Clause - The vendor wishes to reserve on the whole within the contract of sale, an appropriate development uplift clause of 50% for a period of 30 years based on the any separate residential planning permissions being granted in the future.
Services - Mains water and electricity. Septic Tank drainage.
N.B. Tests have not been made of electrical, water, gas, drainage and heating systems and associated appliances, nor confirmation obtained from the statutory bodies of the presence of these services. The information given should therefore be verified prior to a legal commitment to purchase.
Tenure - FREEHOLD
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