2 Bed Terraced House, Single Let, Crewe, CW1 3AQ, £90,000

Bright Street, Crewe, Cheshire, CW1 3AQ - 4 views - 5 months ago

BTL
ROI: 12%
~68 m²
+3 photos

ValuationOvervalued

Sold Prices£55K - £149K
Sold Prices/m²£514/m² - £2.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.3K/m²

Value Estimate

£85,354

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£3,900

Total Cash In

£26,400

 

 

Cash Out

 

Rent Range

£450 - £950

Rent Estimate

£700

Running Costs/mo

£441

Cashflow/mo

£259

Cashflow/yr

£3,105

ROI

12%

Gross Yield

9%

Local Sold Prices

50 sold prices from £55K to £149K, average is £100K. £514/m² to £2.2K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£98K03/210.05 mi51, Bright Street, Crewe, Cheshire East CW1 3AQ2
£110K06/210.09 mi45, Ford Lane, Crewe, Cheshire CW1 3EQ2
£70K01/210.1 mi83, Ramsbottom Street, Crewe, Cheshire CW1 3AN2
£93.5K04/210.1 mi64, Richard Street, Crewe, Cheshire East CW1 3AG2
£100K08/230.1 mi52, Richard Street, Crewe, Cheshire East CW1 3AG2
£105K03/230.1 mi60, Richard Street, Crewe, Cheshire East CW1 3AG2
£62.5K12/200.1 mi60, Richard Street, Crewe, Cheshire East CW1 3AG2
£105K03/210.1 mi47, Richard Street, Crewe, Cheshire CW1 3AG2
£87K01/210.11 mi22, Rigg Street, Crewe, Cheshire CW1 3EB2
£90K07/230.12 mi7, Fletcher Street, Crewe, Cheshire East CW1 3EE2
£110K03/230.14 mi35, Cornwall Grove, Crewe, Cheshire East CW1 3BE2
£129.9K08/230.16 mi20, Ford Close, Crewe, Cheshire East CW1 3JL2
£70K12/220.18 mi1, Chell Street, Crewe, Cheshire East CW1 3ES2
£107K04/210.18 mi6, Broad Street, Crewe, Cheshire East CW1 3DF2
£55K01/210.19 mi244, West Street, Crewe, Cheshire East CW1 3HT2
£85K10/200.2 mi24, Broad Street, Crewe, Cheshire East CW1 3DF2
£105K03/230.2 mi20, Richard Moon Street, Crewe, Cheshire East CW1 3AX2
£64K01/210.2 mi18, Browning Street, Crewe, Cheshire East CW1 3BB2
£94K06/210.2 mi75, Badger Avenue, Crewe, Cheshire East CW1 3JQ2
£80K11/210.21 mi14, Oxford Street, Crewe, Cheshire CW1 3HP2
£92K12/220.21 mi168, West Street, Crewe, Cheshire East CW1 3HN2
£79K05/210.21 mi168, West Street, Crewe, Cheshire CW1 3HN2
£76.8K07/210.26 mi59, Walker Street, Crewe, Cheshire CW1 3EL2
£102K01/210.26 mi169, Badger Avenue, Crewe, Cheshire East CW1 3JN2
£70K06/230.27 mi38, Flag Lane, Crewe, Cheshire East CW1 3BG2
£75K11/200.28 mi298, West Street, Crewe, Cheshire East CW1 3HT2
£126K11/200.31 mi24, Barn Croft Road, Crewe, Cheshire East CW1 3ZJ2
£117.5K01/230.32 mi175, Ford Lane, Crewe, Cheshire East CW1 3JH2
£110K11/220.33 mi88a, Victoria Street, Crewe, Cheshire East CW1 2JL2
£100K11/220.34 mi88, Victoria Street, Crewe, Cheshire East CW1 2JL2
£94K02/230.35 mi10, Broom Street, Crewe, Cheshire East CW1 3LG2
£82.5K10/200.36 mi98, Oakley Street, Crewe, Cheshire East CW1 2NL2
£95.2K02/240.4 mi89, Flag Lane, Crewe, Cheshire East CW2 7QT2
£93K11/220.4 mi104, Flag Lane, Crewe, Cheshire East CW2 7QU2
£90K04/230.41 mi16, Lewis Street, Crewe, Cheshire East CW2 7QR2
£115K09/210.41 mi164a, Wistaston Road, Crewe, Cheshire CW2 7RJ2
£105K06/230.42 mi159, Wistaston Road, Crewe, Cheshire East CW2 7RH2
£149K05/230.43 mi53, Ellis Street, Crewe, Cheshire East CW1 3TW2
£120K12/220.43 mi130, Wistaston Road, Crewe, Cheshire East CW2 7RQ2
£100K08/210.44 mi194, Badger Avenue, Crewe, Cheshire East CW1 3LP2
£94K09/210.45 mi93, Wistaston Road, Crewe, Cheshire CW2 7RB2
£112.5K10/210.46 mi43, Timbrell Avenue, Crewe, Cheshire East CW1 3LU2
£102.5K03/230.46 mi15, Timbrell Avenue, Crewe, Cheshire East CW1 3LU2
£108K05/230.46 mi54, Coppenhall Grove, Crewe, Cheshire East CW2 7UG2
£124K11/220.46 mi48, Coppenhall Grove, Crewe, Cheshire East CW2 7UG2
£120K07/230.47 mi9, Betley Street, Crewe, Cheshire East CW1 2LE2
£101K11/220.47 mi25, Wistaston Road, Crewe, Cheshire East CW2 7RA2
£120K06/230.48 mi37, Collins Street, Crewe, Cheshire East CW2 7RR2
£100K11/200.48 mi23, Collins Street, Crewe, Cheshire CW2 7RR2
£103K03/210.48 mi15, Collins Street, Crewe, Cheshire CW2 7RR2

Local Rents

47 rents from £450/mo to £950/mo, average is £765/mo.

RentDateDistanceAddressBeds 
£77512/240.05 miBright St, Crewe2
£76512/240.06 mi-2
£76512/240.06 mi-2
£76512/240.06 mi-2
£72502/240.09 mi-2
£75012/240.11 miRigg Street, CW12
£85003/250.14 mi-2
£69502/250.15 mi-2
£70012/240.15 mi-2
£80002/250.18 mi-2
£80003/250.18 mi-2
£75012/240.2 miApartment Block Partridge Close, Crewe , CW12
£77512/240.2 miPartridge Close, Crewe, CW12
£85012/240.22 mi-2
£80004/250.27 mi-2
£80004/250.27 mi-2
£77512/240.28 miBadger Avenue, CW12
£85004/250.29 mi-2
£45012/240.29 miDelemere2
£74512/240.29 mi-2
£87511/240.3 mi-2
£87512/240.32 mi-2
£75004/250.33 mi-2
£80003/250.35 mi-2
£95012/240.36 mi-2
£80012/240.37 mi-2
£75012/240.4 mi-2
£75012/240.4 miFlag Lane, Crewe, CW22
£70012/240.41 miCrewe, Cheshire, CW12
£75012/240.42 mi-2
£75012/240.42 miWistaston Road2
£69511/240.43 mi-2
£88501/250.46 mi-2
£82502/250.47 mi-2
£70003/250.47 mi-2
£72503/250.48 mi-2
£77512/230.5 mi-2
£72511/240.51 mi-2
£80012/240.51 miKettell Avenue, Crewe2
£77512/240.52 miWalthall Street, Crewe, CW22
£65012/240.56 miWest Street, Crewe2
£70012/240.56 miDenver Avenue, Crewe, CW2 7PX2
£95004/250.57 mi-2
£70001/250.57 mi-2
£70004/250.58 mi-2
£71512/240.6 miMiddlewich Street, Crewe, CW12
£75003/250.61 mi-2

Local Area Statistics

Population in CW1

42,160

Population in Crewe

101,534

Town centre distance

0.70 miles away

Nearest train station

1.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £90,000

November 14, 2024

Sold for £59,000

2007

Floor Plans

Description

THIS MATURE MID TERRACED PROPERTY IS HANDILY LOCATED FOR ACCESS TO CREWE TOWN CENTRE'S SHOPS AND AMENITIES, AS WELL AS BEING WITHIN A HANDY DISTANCE OF THE LOCAL MORRISONS SUPERMARKET.

This property forms part of a portfolio of three properties that the current owner is looking to sell and is currently occupied by tenants who we understand are keen to remain in situ if possible, although the property is not being sold with them as sitting tenants.

This home provides well proportioned accommodation that is accessed via a hallway which in turn gives access to the two separate reception rooms. From the rear dining room can be found the kitchen.

To the first floor there are two double bedrooms, with the bathroom being located off the rear bedroom. Finally there is an enclosed walled rear garden. Also there are double glazed windows and a gas fired central heating system installed.

If you are looking for a buy to let investment, or if you are looking for your first home, then this could be the house for you.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

CRE240338/2

Agent Details

YOUR MOVE, Crewe

01270 433479

Next Steps?

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