3 Bed Terraced House, Single Let, Crewe, CW1 3JX, £95,000

47 Underwood Lane, Crewe, Cheshire, CW1 3JX - 4 months ago

Sold STC
Auction
BTL
ROI: 13%
102 m²
+6 photos

ValuationUndervalued

Sold Prices£55K - £210K
Sold Prices/m²£557/m² - £4K/m²

 

 

Square Metres

102 m²
Price/m²£931/m²

Value Estimate

£114,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£5,950

Total Cash In

£29,700

 

 

Cash Out

 

Rent Range

£780 - £2,500

Rent Estimate

£800

Running Costs/mo

£477

Cashflow/mo

£323

Cashflow/yr

£3,878

ROI

13%

Gross Yield

10%

Local Sold Prices

51 sold prices from £55K to £210K, average is £128.5K. £557/m² to £4K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£55K01/210.04 mi20, Underwood Lane, Crewe, Cheshire CW1 3JZ3
£127K04/230.05 mi15, Glover Street, Crewe, Cheshire East CW1 3LD3
£94K08/230.05 mi3, Glover Street, Crewe, Cheshire East CW1 3LD3
£105K08/210.06 mi79, Underwood Lane, Crewe, Cheshire East CW1 3JT3
£125K06/210.08 mi26, Newcastle Street, Crewe, Cheshire East CW1 3LF3
£135K06/230.11 mi33, Goulden Street, Crewe, Cheshire East CW1 3LB3
£118K03/210.15 mi263, West Street, Crewe, Cheshire East CW1 3HU3
£105K05/210.15 mi281, West Street, Crewe, Cheshire East CW1 3HU3
£154K06/230.16 mi107, Underwood Lane, Crewe, Cheshire East CW1 3JP3
£88K06/210.21 mi23, Timbrell Avenue, Crewe, Cheshire CW1 3LU3
£68K03/210.25 mi149, Richard Moon Street, Crewe, Cheshire CW1 3AS3
£64.5K02/230.29 mi16, Bright Street, Crewe, Cheshire East CW1 3AQ3
£158K04/230.31 mi13, Birchmuir Close, Crewe, Cheshire East CW1 3UG3
£175K03/230.32 mi6, Burjen Way, Crewe, Cheshire East CW1 3TP3
£128.5K02/210.32 mi11, Helmsdale Close, Crewe, Cheshire CW1 3UH3
£165K06/230.32 mi11, Helmsdale Close, Crewe, Cheshire East CW1 3UH3
£115K07/210.33 mi61, Samuel Street, Crewe, Cheshire East CW1 3AE3
£130K03/230.33 mi59, Samuel Street, Crewe, Cheshire East CW1 3AE3
£87.5K05/230.33 mi81, Samuel Street, Crewe, Cheshire East CW1 3AE3
£97.5K02/230.33 mi8, Smith Grove, Crewe, Cheshire East CW1 3NB3
£120K01/230.34 mi63, Samuel Street, Crewe, Cheshire East CW1 3AE3
£121K11/210.34 mi3, Barnabas Avenue, Crewe, Cheshire East CW1 3NS3
£105K03/210.34 mi31, Richard Street, Crewe, Cheshire CW1 3AG3
£76K11/200.34 mi23, Richard Street, Crewe, Cheshire CW1 3AG3
£100K11/200.34 mi56, Kettell Avenue, Crewe, Cheshire East CW1 3NL3
£100K11/200.34 mi56, Kettell Avenue, Crewe, Cheshire East CW1 3NL3
£170K10/210.35 mi6, Ellis Street, Crewe, Cheshire CW1 3TW3
£110K01/210.36 mi334, Badger Avenue, Crewe, Cheshire CW1 3LW3
£102K04/230.37 mi197, Holland Street, Crewe, Cheshire East CW1 3SJ3
£130K12/200.39 mi32, Darlington Avenue, Crewe, Cheshire CW1 3NN3
£145.5K11/210.39 mi55, Darlington Avenue, Crewe, Cheshire CW1 3NN3
£150K11/220.39 mi60, Richard Moon Street, Crewe, Cheshire East CW1 3AX3
£125K01/210.39 mi164, Holland Street, Crewe, Cheshire CW1 3SL3
£110K07/210.4 mi32, Samuel Street, Crewe, Cheshire East CW1 3AB3
£170K01/230.4 mi39, Monks Lane, Crewe, Cheshire East CW1 3PH3
£150K11/200.4 mi23, Monks Lane, Crewe, Cheshire East CW1 3PH3
£157K06/210.42 mi42, Monks Lane, Crewe, Cheshire CW1 3PQ3
£150K01/240.43 mi14, Farmer Close, Crewe, Cheshire East CW2 7UD3
£170K03/210.43 mi1, Bateman Close, Crewe, Cheshire CW1 3DQ3
£154K10/210.43 mi25, Bateman Close, Crewe, Cheshire CW1 3DQ3
£160K08/210.43 mi31, Bateman Close, Crewe, Cheshire CW1 3DQ3
£132K04/210.45 mi44, Richard Moon Street, Crewe, Cheshire CW1 3AX3
£160K03/230.45 mi56, Richard Moon Street, Crewe, Cheshire East CW1 3AX3
£185K07/210.45 mi4, Reid Street, Crewe, Cheshire CW1 3TX3
£185K01/230.45 mi1, Reid Street, Crewe, Cheshire East CW1 3TX3
£108K01/230.45 mi30, Richard Moon Street, Crewe, Cheshire East CW1 3AX3
£210K10/230.45 mi7, Coppenhall Grove, Crewe, Cheshire East CW2 7UQ3
£100K02/210.47 mi223, Underwood Lane, Crewe, Cheshire CW1 3SE3
£147K11/220.47 mi61, Evans Street, Crewe, Cheshire East CW1 3TS3
£146K12/220.48 mi112, Minshull New Road, Crewe, Cheshire East CW1 3PF3
£142K02/210.48 mi73, Hughes Drive, Crewe, Cheshire CW2 7UA3

Local Rents

43 rents from £780/mo to £2.5K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£89503/250.13 mi-3
£90010/240.16 mi-3
£78001/240.23 mi-3
£78012/240.23 mi-3
£78012/240.23 mi-3
£80012/240.23 mi-3
£89503/250.23 mi-3
£2,50012/240.29 mi-3
£2,50001/250.29 mi-3
£89512/240.33 miWestbourne Avenue, Crewe3
£89512/240.33 miWestbourne Avenue,3
£95004/250.33 mi-3
£1,02512/240.36 miCoppenhall Place, Crewe, CW13
£1,02512/240.36 miCoppenhall Place, Cheshire, CW13
£89512/240.36 miBadger Avenue, Crewe, CW13
£1,05012/240.38 miCoppenhall Place, Crewe, CW13
£95012/240.4 miMonks Lane, Crewe3
£87502/250.44 mi-3
£1,10012/240.44 miRichard Darroch Way, Crewe3
£1,19511/240.44 mi-3
£1,19512/240.44 mi-3
£90002/250.45 mi-3
£87503/250.45 mi-3
£87512/240.45 mi-3
£90012/240.45 mi-3
£1,20003/250.46 mi-3
£1,20003/250.46 mi-3
£1,20003/250.46 mi-3
£2,40012/240.46 mi-3
£80012/240.46 mi-3
£85012/240.46 miCrewe, CW13
£1,05012/240.48 miRichard Darroch Way, Cheshire3
£80012/240.48 miMinshull New Road, Crewe3
£1,02512/240.48 miCoppenhall Place, Crewe, CW13
£1,02512/240.48 miCoppenhall Place, Crewe, CW13
£85012/240.49 mi-3
£1,07512/240.5 miCoppenhall Place, Crewe, CW13
£87512/240.5 miSelworthy Drive, Crewe3
£81503/250.52 mi-3
£1,10012/240.57 miChassagne Square, Crewe3
£92512/240.57 mi-3
£94003/250.58 mi-3
£85003/250.61 mi-3

Local Area Statistics

Population in CW1

42,160

Population in Crewe

101,534

Town centre distance

0.96 miles away

Nearest school

0.10 miles away

Nearest train station

1.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £95,000

December 3, 2024

Floor Plans

Description

  • Chain Free +
  • For Sale Via Modern Method Auction +
  • Three Spacious Bedrooms +
  • Two Reception Rooms +
  • Short Drive To Bentley Motors & Leighton Hospital +
  • Sure To Suit A Wide Variety Of Buyers +
  • Council Tax Band: A +
  • Call Us Today To Secure Your Viewing +
  • Convenient Location +
  • Should Suit A Wide Variety Of Buyers +

For sale by Modern Method of Auction: Starting Bid Price £95,000 plus reservation fee.

We are sure that this property will certainly receive interest and should suit a wide variety of needs, it does need some improvements but this will allow you to incorporate your own individual style and impression and will ideally suit investors or anyone wishing to enhance a property. This spacious mid terraced home is conveniently placed for access to local shops for day to day needs whilst the town centre is a short distance away offering a range of shopping and leisure facilities. The property has double glazing comprises of an entrance porch is ornate tiles, a welcoming entrance hall with stairs off, two good size reception rooms and the kitchen has a range of fitted units and and again is a great size. On the first floor there are three bedrooms and a wet room. There is an enclosed yard to the rear with gate leading to a further area and also to the park beyond.

Entrance Porch -

Entrance Hall -

Lounge - 4.05m x 3.09m (13'3" x 10'1") -

Dining/Sitting Room - 4.73m x 4.22m (15'6" x 13'10") -

Kitchen - 5.03m x 2.58m (16'6" x 8'5") -

Stairs To First Floor -

Bedroom One - 4.24m x 3.5m (13'10" x 11'5") -

Bedroom Two - 4m x 3.2m (13'1" x 10'5") -

Bedroom Three - 3.1m x 2.6m (10'2" x 8'6") -

Externally - Low maintenance rear yard space with new wooden gates leading into communal alleyway.

Council Tax - Band A.

Tenure - We understand from the vendor that the property is freehold. We would however recommend that your solicitor check the tenure prior to exchange of contracts.

Need To Sell? - For a FREE valuation please call or e-mail and we will be happy to assist.

Agent Details

Stephenson Browne Ltd, Crewe

01270 433841

Next Steps?

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