2 Bed Flat, Single Let, Crewe, CW1 2JB, £80,000

Delamere Court , St Marys Street, Crewe, CW1 2JB - 4 months ago

Sold STC

Leasehold

BTL

ROI: 13%

~67 m²

+5 photos

ValuationUndervalued

Sold Prices	£60K - £123.3K
Sold Prices/m²	£1.2K/m² - £1.7K/m²

Square Metres	~67.30 m²
Price/m²	£1.2K/m²
Value Estimate	£92,496£92,496
BMV	16%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£20,000£20,000
Stamp Duty & Legal Fees	£5,200£5,200
Total Cash In	£25,200£25,200

Cash Out
Rent Range	£450 - £1,600£450 - £1,600
Rent Estimate	£686
Running Costs/mo	£407£407
Cashflow/mo	£279£279
Cashflow/yr	£3,346£3,346
ROI	13%13%
Gross Yield	10%10%

Local Sold Prices

20 sold prices from £60K to £123.3K, average is £83K. £1.2K/m² to £1.7K/m², average is £1.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£77K	04/22	0.08 mi	Flat 9, Worsdell House, Blount Close, Crewe, Cheshire East CW1 3BF	-	-	2	Flat
£92K	06/23	0.08 mi	Flat 5, Worsdell House, Blount Close, Crewe, Cheshire East CW1 3BF	£1,673	55	2	Flat
£106.5K	05/21	0.1 mi	Flat 2, Sackfield House, Blount Close, Crewe, Cheshire CW1 3EU	-	-	2	Flat
£98K	02/23	0.1 mi	Flat 5, Allan House, Blount Close, Crewe, Cheshire East CW1 3BX	-	-	2	Flat
£78.5K	03/22	0.1 mi	Flat 5, Beames House, Harrison Drive, Crewe, Cheshire East CW1 3DA	£1,256	63	2	Flat
£77.5K	12/21	0.1 mi	Flat 8, Trevithick House, Harrison Drive, Crewe, Cheshire East CW1 3DA	-	-	2	Flat
£70K	01/23	0.12 mi	Flat 3, Ivatt House, Blount Close, Crewe, Cheshire East CW1 3BJ	£1,186	59	2	Flat
£76K	07/23	0.12 mi	Flat 10, Beames House, Blount Close, Crewe, Cheshire East CW1 3DB	£1,407	54	2	Flat
£77K	09/21	0.12 mi	Flat 9, Beames House, Blount Close, Crewe, Cheshire CW1 3DB	-	-	2	Flat
£98K	12/21	0.3 mi	25, Alton Street, Crewe, Cheshire CW2 7QQ	£1,341	73	2	Flat
£82K	11/22	0.34 mi	Apartment 8, Ludford Court, Badger Avenue, Crewe, Cheshire East CW1 3DZ	-	-	2	Flat
£73K	04/22	0.34 mi	Apartment 12a, Ludford Court, Badger Avenue, Crewe, Cheshire East CW1 3DZ	-	-	2	Flat
£115K	06/23	0.37 mi	22a, Gainsborough Road, Crewe, Cheshire East CW2 7PH	£1,481	78	2	Flat
£123.3K	05/22	0.39 mi	171, Market Street, Crewe, Cheshire East CW1 2NB	-	-	2	Flat
£80.5K	04/23	0.47 mi	44, Stalbridge Road, Crewe, Cheshire East CW2 7LP	-	-	2	Flat
£120K	02/22	0.49 mi	Apartment 15, Junction House, Dale Way, Crewe, Cheshire East CW1 3GU	-	-	2	Flat
£85K	08/21	0.49 mi	Apartment 7, Carriage House, Dale Way, Crewe, Cheshire East CW1 3GW	-	-	2	Flat
£84K	12/20	0.5 mi	Apartment 4, Junction House, Dale Way, Crewe, Cheshire East CW1 3GU	-	-	2	Flat
£87.5K	02/22	0.92 mi	39, Ludlow Avenue, Crewe, Cheshire East CW1 6DZ	-	-	2	Flat
£60K	03/22	0.93 mi	54a, Coleridge Way, Crewe, Cheshire East CW1 5LE	-	-	2	Flat

Local Rents

48 rents from £450/mo to £1.6K/mo, average is £765/mo.

Rent	Date	Distance	Address	Beds	Type
£450	12/24	0.02 mi	Delemere	2	Flat
£850	03/25	0.09 mi	-	2	Flat
£745	12/24	0.09 mi	-	2	Flat
£875	12/24	0.12 mi	-	2	Flat
£750	12/24	0.14 mi	-	2	Terraced House
£750	12/24	0.14 mi	Flag Lane, Crewe, CW2	2	Terraced House
£750	12/24	0.16 mi	-	2	Terraced House
£850	03/25	0.18 mi	-	2	Terraced House
£750	12/24	0.2 mi	Wistaston Road	2	Terraced House
£725	11/24	0.21 mi	-	2	Terraced House
£700	12/24	0.22 mi	-	2	Flat
£775	12/23	0.22 mi	-	2	Terraced House
£700	03/25	0.22 mi	-	2	Semi-Detached House
£775	12/24	0.23 mi	Walthall Street, Crewe, CW2	2	Terraced House
£850	12/24	0.24 mi	-	2	Terraced House
£775	12/24	0.26 mi	Bright St, Crewe	2	Terraced House
£950	04/25	0.28 mi	-	2	Flat
£725	02/24	0.3 mi	-	2	Terraced House
£750	04/25	0.3 mi	-	2	Terraced House
£875	11/24	0.32 mi	-	2	Terraced House
£695	11/24	0.33 mi	-	2	Terraced House
£765	12/24	0.35 mi	-	2	Terraced House
£765	12/24	0.35 mi	-	2	Terraced House
£765	12/24	0.35 mi	-	2	Terraced House
£750	12/24	0.35 mi	Rigg Street, CW1	2	Terraced House
£750	03/25	0.36 mi	-	2	Terraced House
£800	03/25	0.37 mi	-	2	Flat
£700	12/24	0.39 mi	Denver Avenue, Crewe, CW2 7PX	2	Terraced House
£725	03/25	0.41 mi	-	2	Terraced House
£800	02/25	0.41 mi	-	2	Flat
£800	03/25	0.41 mi	-	2	Flat
£750	12/24	0.42 mi	Apartment Block Partridge Close, Crewe , CW1	2	Flat
£550	12/24	0.43 mi	Brook Street, Crewe	2	Flat
£775	12/24	0.43 mi	Partridge Close, Crewe, CW1	2	Flat
£695	02/25	0.44 mi	-	2	Terraced House
£625	12/24	0.45 mi	Crewe, Cheshire, CW2	2	Flat
£1,600	03/25	0.53 mi	-	2	Semi-Detached House
£800	03/25	0.57 mi	-	2	Terraced House
£800	04/25	0.57 mi	-	2	Terraced House
£775	12/24	0.57 mi	Badger Avenue, CW1	2	Flat
£775	12/24	0.57 mi	Lord Street, Crewe,	2	Terraced House
£750	01/24	0.57 mi	-	2	Terraced House
£795	01/25	0.57 mi	-	2	Terraced House
£775	02/25	0.57 mi	-	2	Terraced House
£950	12/24	0.59 mi	-	2	Terraced House
£1,400	03/25	0.59 mi	-	2	Terraced House
£715	12/24	0.6 mi	Middlewich Street, Crewe, CW1	2	Terraced House
£750	12/24	0.61 mi	Henry Street, Crewe, CW1	2	Terraced House

Local Area Statistics

Population in CW1	42,16042,160
Population in Crewe	101,534101,534
Town centre distance	0.43 miles away0.43 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.86 miles away0.86 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+32%+32%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+22%+22%

Property History

Listed for £80,000

December 26, 2024

Floor Plans

Description

Gated Flats +
2 Double Bedrooms +
Large Kitchen/Living Area +
Allocated Parking +
Close To Local Amenities +
Large Family Bathroom +

Upon entering, you’ll be welcomed by a spacious kitchen/lounge area, perfect for modern living and entertaining. The room is filled with natural light, offering a comfortable space to relax and dine. The well-appointed kitchen is designed to suit all your culinary needs.

The flat boasts two generously sized double bedrooms, providing ample room for furniture and storage. The large family bathroom is a real highlight, featuring both a bath and a separate shower – ideal for relaxation or a quick refresh.

Delamere Court offers a peaceful yet convenient location with excellent transport links and amenities nearby. Perfect for individuals or families seeking a blend of comfort, security, and style in a prime location.

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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