3 Bed Detached House, Refurb/BRRR, Crewe, CW1 6HF, £200,000

Hungerford Terrace, Crewe, CW1 6HF - 8 views - 4 months ago

Sold STC
Refurb/BRRR
ROI: 2%
~93 m²
+27 photos

ValuationOvervalued

Sold Prices£107.5K - £276K
Sold Prices/m²£1.1K/m² - £5.6K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£193,154

 

 

End Value (After Refurb)

£240,000

Uplift in Value

+-4%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£8,700

Refurb Costs

£39,184

Bridging Loan Interest

£5,250

Total Cash In

£104,884

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£240,000

Mortgage (After Refinance)

£180,000

Mortgage LTV

75%

Cash Released

£30,000

Cash Left In

£74,884

Equity

£60,000

Rent Range

£795 - £1,200

Rent Estimate

£1,246

Running Costs/mo

£1,019

Cashflow/mo

£227

Cashflow/yr

£2,722

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £107.5K to £276K, average is £162.8K. £1.1K/m² to £5.6K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£195K05/230.01 mi12, Hungerford Terrace, Crewe, Cheshire East CW1 6HF3
£140K11/200.01 mi21, Hungerford Terrace, Crewe, Cheshire East CW1 6HF3
£177.5K04/230.01 mi10, Hungerford Terrace, Crewe, Cheshire East CW1 6HF3
£193K10/210.03 mi8, Fernbank Close, Crewe, Cheshire East CW1 6ES3
£240K07/230.06 mi378, Hungerford Road, Monks Coppenhall, Crewe, Cheshire East CW1 6HD3
£130K04/230.12 mi270, Hungerford Road, Monks Coppenhall, Crewe, Cheshire East CW1 6HG3
£194K12/220.12 mi242, Hungerford Road, Monks Coppenhall, Crewe, Cheshire East CW1 6HG3
£149K12/200.18 mi21, Swinburne Drive, Crewe, Cheshire East CW1 5JE3
£194K04/230.19 mi22, Lea Avenue, Crewe, Cheshire East CW1 6HQ3
£276K03/210.21 mi5, Renaissance Way, Crewe, Cheshire East CW1 6HT3
£195K11/210.21 mi5, Tennyson Avenue, Crewe, Cheshire East CW1 5JR3
£185K08/210.22 mi28, Coleridge Way, Crewe, Cheshire East CW1 5JW3
£142.5K03/210.22 mi38, Coleridge Way, Crewe, Cheshire CW1 5JW3
£152K07/230.22 mi36, Coleridge Way, Crewe, Cheshire East CW1 5JW3
£125K12/220.23 mi33, Buxton Avenue, Crewe, Cheshire East CW1 6EU3
£160K06/230.23 mi17, Buxton Avenue, Crewe, Cheshire East CW1 6EU3
£120K05/230.23 mi16, Buxton Avenue, Crewe, Cheshire East CW1 6EU3
£132.5K05/230.27 mi2, Hungerford Avenue, Crewe, Cheshire East CW1 6ER3
£126K05/230.27 mi22, Hungerford Avenue, Crewe, Cheshire East CW1 6ER3
£155K04/230.28 mi30, Ludlow Avenue, Crewe, Cheshire East CW1 6DY3
£162.5K03/210.3 mi58, Laureston Avenue, Crewe, Cheshire East CW1 5JA3
£147K04/210.3 mi21, Cormorant Close, Crewe, Cheshire CW1 5LN3
£197.5K04/230.31 mi1, Cormorant Close, Crewe, Cheshire East CW1 5LN3
£169.9K04/230.31 mi2, Drury Close, Crewe, Cheshire East CW1 5LA3
£168.5K03/230.33 mi24, Lansdowne Road, Crewe, Cheshire East CW1 5JY3
£176K01/210.34 mi15, Bennett Close, Crewe, Cheshire CW1 5HB3
£163K03/210.34 mi5, Bennett Close, Crewe, Cheshire CW1 5HB3
£148K01/210.34 mi31, Bennett Close, Crewe, Cheshire East CW1 5HB3
£190K05/230.34 mi8, Seagull Close, Crewe, Cheshire East CW1 5LW3
£164K02/230.36 mi15, Pelican Close, Crewe, Cheshire East CW1 5YA3
£153K12/200.36 mi21, Pelican Close, Crewe, Cheshire CW1 5YA3
£120K03/210.37 mi16, Pelican Close, Crewe, Cheshire CW1 5YA3
£135K06/210.37 mi15, Conrad Close, Crewe, Cheshire CW1 5HE3
£145K01/210.37 mi3, Conrad Close, Crewe, Cheshire CW1 5HE3
£136.5K08/210.37 mi53, Crewe Road, Crewe, Cheshire CW1 6DT3
£166K07/210.39 mi79, Lansdowne Road, Crewe, Cheshire CW1 5LL3
£130K04/230.39 mi60, Lansdowne Road, Crewe, Cheshire East CW1 5LL3
£173K01/230.43 mi74, Lansdowne Road, Crewe, Cheshire East CW1 5LL3
£150K11/200.43 mi3, Guillemot Close, Crewe, Cheshire East CW1 5YD3
£212K06/230.46 mi96, Coleridge Way, Crewe, Cheshire East CW1 5LF3
£175K01/210.47 mi55, Birch Avenue, Crewe, Cheshire East CW1 5LH3
£175K01/210.47 mi53, Birch Avenue, Crewe, Cheshire East CW1 5LH3
£172K03/230.47 mi47, Birch Avenue, Crewe, Cheshire East CW1 5LH3
£153K04/210.48 mi139, Lansdowne Road, Crewe, Cheshire CW1 5LP3
£178.5K03/210.49 mi71, Birch Avenue, Crewe, Cheshire CW1 5LG3
£107.5K05/210.5 mi122, Richmond Road, Crewe, Cheshire CW1 4BA3
£220K05/230.51 mi15, Hendon Close, Crewe, Cheshire East CW1 5YG3
£143K05/230.52 mi89, Queen Street, Crewe, Cheshire East CW1 4AL3
£134K02/230.56 mi187, Queen Street, Crewe, Cheshire East CW1 4AU3
£174.5K02/210.57 mi12, Betjeman Way, Crewe, Cheshire CW1 5FS3

Local Rents

15 rents from £795/mo to £1.2K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£95012/240.3 mi-3
£87510/240.32 mi-3
£90001/250.32 mi-3
£87512/240.37 mi-3
£95012/240.41 miHeron Crescent, Crewe, CW13
£85012/240.42 mi-3
£1,20012/240.46 mi-3
£1,20002/250.46 mi-3
£90012/240.5 miRichmond Road, Crewe3
£99512/240.52 mi-3
£99511/240.52 mi-3
£85003/250.52 mi-3
£89512/240.57 mi-3
£79512/240.59 mi-3
£79512/240.59 mi-3

Local Area Statistics

Population in CW1

42,160

Population in Crewe

101,534

Town centre distance

0.63 miles away

Nearest school

0.20 miles away

Nearest train station

0.66 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Price changed to £200,000

January 27, 2025

Listed for £250,000

December 7, 2024

Floor Plans

Description

  • In need of renovation and repair +
  • Detached family home +
  • 2 Double bedrooms +
  • Box room +
  • Cloakroom +
  • Car parking +
  • Detached garage +
  • Enclosed rear garden +
  • No Onward Chain +

We are delighted to offer for sale this good sized detached home sitting on a generous plot in need of renovation and repair to create a stunning family home in a sought after location close to excellent commuter links and popular local schools. In brief the property comnprises: 2 double bedrooms, box room, 2 reception rooms, kitchen, lean to conservatory, cloakroom, family bathroom, large rear garden with additional vegetable gardens. Offered for sale with NO ONWARD CHAIN.

Council Tax Band: C (Cheshire East)
Tenure: Freehold

Agent Details

Wheatcroft & Lloyd, Sandbach

01270 433925

Next Steps?

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