4 Bed Terraced House, Single Let, Crewe, CW2 7LN, £125,000

82 Nelson Street, Crewe, CW2 7LN - 4 months ago

Sold STC
BTL
ROI: 7%
~136 m²
+13 photos

ValuationUndervalued

Sold Prices£117K - £530K
Sold Prices/m²£1K/m² - £3.7K/m²

 

 

Square Metres

~136.35 m²
Price/m²£917/m²

Value Estimate

£155,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£7,450

Total Cash In

£38,700

 

 

Cash Out

 

Rent Range

£695 - £6,500

Rent Estimate

£803

Running Costs/mo

£571

Cashflow/mo

£232

Cashflow/yr

£2,781

ROI

7%

Gross Yield

8%

Local Sold Prices

47 sold prices from £117K to £530K, average is £260K. £1K/m² to £3.7K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£117K01/230.07 mi83, Brooklyn Street, Crewe, Cheshire East CW2 7JE4
£185K11/210.15 mi159, Ruskin Road, Crewe, Cheshire CW2 7JX4
£225K12/200.24 mi34, Lunt Avenue, Crewe, Cheshire CW2 7LZ4
£118K06/230.24 mi34, Brook Street, Crewe, Cheshire East CW2 7DF4
£160K06/210.26 mi50, Gainsborough Road, Crewe, Cheshire CW2 7PH4
£205K02/230.35 mi20, Kingsway, Crewe, Cheshire East CW2 7NB4
£235K05/230.35 mi27, Kingsway, Crewe, Cheshire East CW2 7NB4
£150K07/210.45 mi267, Nantwich Road, Crewe, Cheshire CW2 6PF4
£212.5K04/210.45 mi273, Nantwich Road, Crewe, Cheshire East CW2 6PF4
£192K01/210.63 mi16, Stanhope Avenue, Crewe, Cheshire CW1 6ED4
£290K03/230.63 mi6, Brownlees Close, Crewe, Cheshire East CW2 8AT4
£188K03/230.63 mi41, Bateman Close, Crewe, Cheshire East CW1 3DQ4
£158K06/210.63 mi18, Bateman Close, Crewe, Cheshire CW1 3DQ4
£295K01/210.65 mi41, Dane Bank Avenue, Crewe, Cheshire CW2 8AE4
£310K02/240.65 mi329, Nantwich Road, Crewe, Cheshire East CW2 6PD4
£135K06/230.68 mi141, Stewart Street, Crewe, Cheshire East CW2 8LZ4
£277.5K11/200.69 mi7, Blunstone Close, Crewe, Cheshire CW2 8LS4
£217.5K10/230.7 mi1, Albion Street, Crewe, Cheshire East CW2 8NB4
£250K03/210.7 mi4, Langley Drive, Crewe, Cheshire CW2 8LN4
£269K11/200.7 mi82, Langley Drive, Crewe, Cheshire CW2 8LN4
£530K12/230.71 mi2, Manor Avenue, Crewe, Cheshire East CW2 8BB4
£300.5K02/230.73 mi124, Valley Road, Wistaston, Crewe, Cheshire East CW2 8LE4
£117.5K07/210.75 mi85, Samuel Street, Crewe, Cheshire CW1 3AE4
£326K01/210.78 mi66, Millrace Drive, Wistaston, Crewe, Cheshire East CW2 6XA4
£288K03/210.78 mi57, Charlcote Crescent, Wistaston, Crewe, Cheshire East CW2 6UH4
£270K12/220.79 mi6, Langley Drive, Crewe, Cheshire East CW2 8LN4
£299K06/210.8 mi3, Petworth Close, Wistaston, Crewe, Cheshire East CW2 6XJ4
£261K07/230.81 mi74, Sandhurst Avenue, Wistaston, Crewe, Cheshire East CW2 8FB4
£221K06/210.82 mi3, Nursery Close, Coppenhall, Crewe, Cheshire CW2 8GF4
£365K11/220.82 mi17, Swallowfield Close, Wistaston, Crewe, Cheshire East CW2 6XB4
£260K04/210.84 mi106, Valley Road, Wistaston, Crewe, Cheshire CW2 8LA4
£272K11/200.84 mi1, Rufford Close, Wistaston, Crewe, Cheshire East CW2 6XP4
£250K02/230.84 mi85, Hungerford Road, Monks Coppenhall, Crewe, Cheshire East CW1 5EY4
£277.5K12/200.86 mi22, Millrace Drive, Wistaston, Crewe, Cheshire CW2 6XG4
£375K09/230.87 mi7, Heathergate Place, Wistaston, Crewe, Cheshire East CW2 6SZ4
£275K11/200.87 mi2, Heathergate Place, Crewe, Cheshire CW2 6SZ4
£340K05/230.91 mi16, Westbury Close, Wistaston, Crewe, Cheshire East CW2 6TY4
£335K11/220.91 mi10, Wilderhope Close, Crewe, Cheshire East CW2 6TZ4
£275K06/210.92 mi8, Barnwell Close, Crewe, Cheshire CW2 6TG4
£247.5K11/200.92 mi2, Hanbury Close, Wistaston, Crewe, Cheshire CW2 6TF4
£200K01/230.92 mi23, Woodside Avenue, Wistaston, Crewe, Cheshire East CW2 8AL4
£275K03/210.92 mi65, Woodside Avenue, Wistaston, Crewe, Cheshire CW2 8AL4
£192.3K09/210.94 mi7, Dairy House Way, Crewe, Cheshire CW2 8QD4
£230K02/210.95 mi589, Crewe Road, Wistaston, Crewe, Cheshire East CW2 6PU4
£500K02/230.96 mi1, Willows Close, Wistaston, Crewe, Cheshire East CW2 6TD4
£120K10/200.96 mi141, Queen Street, Crewe, Cheshire CW1 4AW4
£465K03/210.98 mi21, Broughton Lane, Wistaston, Crewe, Cheshire CW2 8JR4

Local Rents

46 rents from £695/mo to £6.5K/mo, average is £998/mo.

RentDateDistanceAddressBeds 
£85012/230.01 mi-3
£2,75003/250.1 mi-3
£2,90012/240.1 mi-3
£80012/240.15 miLawton Street, Crewe, CW23
£1,05002/250.17 mi-4
£1,05002/250.17 mi-4
£69512/240.18 miHope Street, Crewe, Cheshire3
£95012/240.22 mi-3
£2,20012/240.22 mi-3
£2,20012/240.22 mi-3
£2,20001/250.22 mi-3
£85012/240.23 mi-3
£82512/240.26 miGainsborough Road, Crewe3
£95003/250.26 mi-3
£3,30012/240.27 mi-4
£3,30012/240.27 mi-4
£3,30011/240.27 mi-4
£1,16012/240.27 mi-4
£97512/240.28 mi-3
£85012/240.28 miErnest St, Crewe3
£85012/240.28 miErnest Street, Crewe3
£1,20012/240.28 mi-4
£1,00002/250.28 mi-3
£96012/240.29 mi-3
£6,50002/250.31 mi-7
£90003/250.31 mi-3
£1,00012/240.33 mi-3
£92512/240.35 miSt. Andrew's Court, Crewe3
£79512/240.36 miWistaston Road, Crewe3
£90012/240.36 mi-3
£2,70012/240.4 mi-4
£2,70012/240.4 mi-4
£2,70002/250.4 mi-4
£85012/230.44 mi-3
£1,15011/240.45 mi-3
£97512/240.45 miSalisbury Close, Crewe, Cheshire, CW2 6JN3
£99512/240.45 mi-3
£85003/250.48 mi-3
£99512/230.48 mi-3
£1,19501/250.53 mi-3
£1,19501/250.53 mi-3
£82512/240.58 mi-3
£1,05001/250.59 mi-3
£85012/240.61 mi-3
£92502/250.61 mi-3
£1,20012/240.61 mi-4

Local Area Statistics

Population in CW2

40,752

Population in Crewe

101,534

Town centre distance

0.44 miles away

Nearest school

0.20 miles away

Nearest train station

0.44 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £125,000

December 10, 2024

Floor Plans

Description

FOR SALE BY INFORMAL TENDER ON FRIDAY 10TH JANUARY 2025 AT 12 NOON (subject to conditions & prior sale). GUIDE PRICE £125,000 - £150,000 PLUS. NO CHAIN.
Period mid terraced town house presenting an excellent opportunity for both owner-occupiers and buy-to-let investors. Boasting four spacious bedrooms, this property is perfect for families or those just seeking extra space whilst the two front bedrooms could be reconfigured back to a larger principle bedroom if required. There is also loft access with again further potential to create additional accommodation (subject to necessary consents). Single garage located to the rear providing valuable storage options/parking. UPVC D.G. & Gas C.H.

Description - FOR SALE BY INFORMAL TENDER ON FRIDAY 10TH JANUARY 2025 AT 12 NOON (subject to conditions & prior sale). GUIDE PRICE £125,000 - £150,000 PLUS. NO CHAIN.
Period mid terraced town house presenting an excellent opportunity for both owner-occupiers and buy-to-let investors. Boasting four spacious bedrooms, this property is perfect for families or those just seeking extra space whilst the two front bedrooms could be reconfigured back to a larger principle bedroom if required. There is also loft access with again further potential to create additional accommodation (subject to necessary consents). Single garage located to the rear providing valuable storage options/parking. UPVC D.G. & Gas C.H.

Directions - Proceed from the agents Nantwich office along Hospital Street to the mini roundabout and continue ahead on Hospital Street. At the 'Churches Mansion' roundabout take the first exit & at the next mini roundabout take the last exit onto Crewe Road. Proceed along Crewe Road which continues into Nantwich Road & turn left into Walthall Street, then right into Nile Street then the next left turn into Nelson Street where the property will be o0bserved on the right hand side.

Location - Crewe - There are excellent train connections (Crewe - London Euston 90 minutes, Crewe - Manchester 40 minutes) with the station being within 10 minutes walk. Manchester international airport is approximately a 45 minutes drive. Sporting amenities in the area include golf at Haslington and Alvaston Hall Country Club, 2.5 miles. There are a number of highly recommended primary and secondary high schools in the area. Crewe town centre 2 miles, Nantwich 3 miles, M6 Motorway (junction 16) 7 miles, Manchester 18 miles, Chester 22 miles.

Nearby Nantwich Town - Nantwich is a charming market town set beside the River Weaver with a rich history, a wide range of speciality shops & 4 supermarkets. Nantwich in Bloom in November 2015 was delighted to have once again scooped the prestigious Gold award from the Britain in Bloom competition. In Cheshire, Nantwich is second only to Chester in its wealth of historic buildings. The High Street has many of the town's finest buildings, including the Queen's Aid House and The Crown Hotel built in 1585. Four major motorways which cross Cheshire ensure fast access to the key commercial centres of Britain and are linked to Nantwich by the A500 Link Road. Manchester Airport, one of Europe's busiest and fastest developing, is within a 45 minute drive of Nantwich. Frequent trains from Crewe railway station link Cheshire to London-Euston in only 1hr 30mins. Manchester and Liverpool offer alternative big city entertainment.
Internationally famous football teams, theatres and concert halls are just some of the many attractions.

Informal Tender Procedure - FOR SALE BY INFORMAL TENDER ON FRIDAY 10TH JANUARY 2025 AT 12 NOON (subject to conditions & prior sale). GUIDE PRICE £125,000 - £150,000 PLUS.

The property is to be sold by informal tender (subject to conditions & prior sale). Tender forms are to be completed fully, and they are available upon request via the selling agents - Nantwich office.
Tenders are to be submitted in writing by 12 noon on Friday 10th January 2025 & addressed to Louise Chapman (Branch Manager) at Wright Marshall, 56 High Street, Nantwich, Cheshire, CW5 5BB. Please contact Louise on: / if required.

The Accommodation:- -

Entrance Hall -

Living Room -

Dining Room -

Kitchen -

Laundry Room -

First Floor Landing -

Bedroom One -

Bedroom Two -

Bedroom Three -

Bedroom Four -

Bathroom -

Exterior - Low wall to front with gate & pathway to front entrance. Pea gravelled area to front. The rear of the property is low maintenance with plenty of opportunity to create planted space, lawn or plenty of seating etc. Single garage to rear & timber gate leading to rear residents access.

Epc Rating: C -

Council Tax Band: A -

Services - All mains gas, water, drainage & electricity services are connected or available locally (subject to statutory undertakers costs & conditions).
Gas central heating.
NOTE: No tests have been made of electrical, water, drainage and heating systems and associated appliances, nor confirmation obtained from the statutory bodies of the presence of these services.

Tenure - Presumed Freehold with vacant possession upon completion (Subject to Contract).

Viewing - Strictly by appointment with the Agents Wright Marshall Nantwich Office. Tel: . E-mail: . Opening Hours: Mon-Fri 9.00-5.30pm, Sat 9.00-4.00pm.

Sales Particulars & Plans - The sale particulars and plan/s have been prepared for the convenience of prospective purchasers and, whilst every care has been taken in their preparation, their accuracy is not guaranteed nor, in any circumstances, will they give grounds for an action in law.

Copyright & Distribution Of Information - You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the Agent's/website owner's express prior written consent.

All Measurements - All measurements are approximate and are converted from the metric for the convenience of prospective purchasers. The opinions expressed are those of the selling agents at the time of marketing and any matters of fact material to your buying decision should be separately verified prior to an exchange of contracts.

Market Appraisal - "Thinking of Selling"? Wright Marshall have the experience and local knowledge to offer you a free marketing appraisal of your own property without obligation. Budgeting your move is probably the first step in the moving process. It is worth remembering that we may already have a purchaser waiting to buy your home.

Financial Advice - We can help you fund your new purchase with mortgage advice!
Contact one of our sales team today on , pop in to chat further at our friendly Nantwich Office at 56 High Street, Nantwich, Cheshire, CW5 5BB or email us if this is more convenient initially on; , so we can discuss your requirements further
For whole of market mortgage advice with access to numerous deals and exclusive rates not available on the high street, please ask a member of the Wright Marshall, Nantwich team for more information.
Your home may be repossessed if you do not keep up repayments on your mortgage.

Agent Details

Wright Marshall Estate Agents, Nantwich

01270 446538

Next Steps?

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