Potential 4-Bed HMO, Crewe, CW2 7AR, £125,000

86 Mill Street, Crewe, Cheshire East, CW2 7AR - 58 views - 6 months ago

Sold STC
HMO
ROI: 24%
86 m²
+14 photos

ValuationOvervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£5,100

Total Cash In

£36,350

 

 

Cash Out

 

Room Rate

£503

Gross Rent

£2,012

Running Costs/mo

£1,232

Cashflow/mo

£780

Cashflow/yr

£9,356

ROI

26%

Gross Yield

19%













Property History

Price changed to £125,000

January 15, 2025

Listed for £130,000

October 11, 2024

Sold for £67,000

2015

Description

  • NO CHAIN +
  • Three Bedrooms +
  • Well Presented +
  • Ideal Investment +
  • Great Living Space To Ground Floor +
  • Close To Town Centre, Shops & Train Station +
  • Previously utilized as a HMO & Tenanted +
  • Great First Home +
  • Must View... +

Upon entering, you are greeted by an entrance that leads to a lounge, a versatile snug/bedroom/reception room, and a kitchen/diner.

Upstairs, you will find three good-sized rooms and a family bathroom.

Outside, The private garden to the rear provides a tranquil space for relaxation or entertaining.

Previously used as a HMO & investment. Close to all local amenities & the train station.

To schedule a viewing of this promising property, please contact us to arrange a suitable time.
Don't miss out on the opportunity for a great investment or First home..!

Agent Details

Butters John Bee, Crewe

01270 433339

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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