2 Bed Flat, Single Let, Crewe, CW2 7EP, £71,000





ValuationUndervalued
Sold Prices | £60K - £270K |
Sold Prices/m² | £1.2K/m² - £2.9K/m² |
| |
Square Metres | 74 m² |
Price/m² | £959/m² |
Value Estimate | £87,330 |
BMV | 23% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £17,750 |
Stamp Duty & Legal Fees | £3,330 |
Total Cash In | £21,080 |
| |
Cash Out | |
Rent Range | £550 - £1,400 |
Rent Estimate | £597 |
Running Costs/mo | £361 |
Cashflow/mo | £236 |
Cashflow/yr | £2,829 |
ROI | 13% |
Gross Yield | 10% |
Local Sold Prices
32 sold prices from £60K to £270K, average is £91K. £1.2K/m² to £2.9K/m², average is £1.6K/m².
Local Rents
27 rents from £550/mo to £1.4K/mo, average is £750/mo.
Local Area Statistics
Population in CW2 | 40,752 |
Population in Crewe | 101,534 |
Town centre distance | 0.52 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.34 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +34% |
Sales demand | Balanced market |
Capital growth (5yrs) | +20% |
Property History
Price changed to £71,000
September 25, 2024
Listed for £62,000
December 7, 2023
Floor Plans

Description
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