2 Bed Terraced House, Single Let, Crewe, CW1 5EW, £120,000

Gresty Terrace, Crewe, CW1 5EW - 2 views - 3 months ago

Sold STC
BTL
ROI: 4%
~68 m²
+9 photos

ValuationUndervalued

Sold Prices£73K - £195K
Sold Prices/m²£992/m² - £5.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£123,593
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Total Cash In

£34,800

 

 

Cash Out

 

Rent Range

£550 - £1,600

Rent Estimate

£628

Running Costs/mo

£521

Cashflow/mo

£107

Cashflow/yr

£1,289

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £73K to £195K, average is £111.5K. £992/m² to £5.4K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£101K11/200.02 mi37, Gresty Terrace, Crewe, Cheshire CW1 5EN2
£105K10/200.04 mi4, Hungerford Avenue, Crewe, Cheshire East CW1 6ER2
£160K08/210.05 mi19, Hungerford Avenue, Crewe, Cheshire CW1 6EP2
£128K11/200.11 mi2, Grange Close, Crewe, Cheshire East CW1 6HJ2
£127K07/210.12 mi11, Lea Avenue, Crewe, Cheshire CW1 6HQ2
£93K07/230.12 mi218, Hungerford Road, Monks Coppenhall, Crewe, Cheshire East CW1 6EX2
£105K10/200.22 mi37, Vincent Street, Crewe, Cheshire CW1 4AA2
£85K01/210.22 mi25, Vincent Street, Crewe, Cheshire CW1 4AA2
£73K12/200.23 mi39, Hall O'shaw Street, Crewe, Cheshire East CW1 4AE2
£152K06/230.24 mi14, Brook Close, Crewe, Cheshire East CW1 6HR2
£150K12/200.25 mi43, Coleridge Way, Crewe, Cheshire CW1 5JW2
£141K05/210.25 mi15, Coleridge Way, Crewe, Cheshire CW1 5JW2
£145K07/210.25 mi56, Ludlow Avenue, Crewe, Cheshire East CW1 6DY2
£121K06/210.25 mi52, Ludlow Avenue, Crewe, Cheshire East CW1 6DY2
£185K03/230.25 mi52, Ludlow Avenue, Crewe, Cheshire East CW1 6DY2
£90K10/210.25 mi9, Surrey Street, Crewe, Cheshire East CW1 4AB2
£96K11/210.25 mi13, Surrey Street, Crewe, Cheshire CW1 4AB2
£97.5K04/210.31 mi7, Chestnut Grove, Crewe, Cheshire CW1 4BD2
£159.9K04/210.31 mi51, Coleridge Way, Crewe, Cheshire CW1 5JX2
£156.3K04/210.32 mi8, Tennyson Avenue, Crewe, Cheshire East CW1 5JR2
£112K03/210.32 mi22, Greystone Park, Crewe, Cheshire CW1 2AL2
£112K03/210.32 mi22, Greystone Park, Crewe, Cheshire CW1 2AL2
£98.8K03/210.32 mi48, Greystone Park, Crewe, Cheshire CW1 2AL2
£111K12/220.32 mi29, Greystone Park, Crewe, Cheshire East CW1 2AL2
£105K01/230.34 mi6, Beech Grove, Crewe, Cheshire East CW1 4ED2
£103.5K01/210.35 mi17, Crewe Road, Crewe, Cheshire East CW1 6DS2
£108K03/210.36 mi34, Queen Street, Crewe, Cheshire CW1 4AL2
£110K03/210.37 mi16, Mary Street, Crewe, Cheshire East CW1 4AJ2
£169K11/200.41 mi15, Swinburne Drive, Crewe, Cheshire East CW1 5JE2
£112.2K12/200.43 mi20, Hallshaw Avenue, Crewe, Cheshire CW1 4AY2
£145K03/210.43 mi4, Hallshaw Avenue, Crewe, Cheshire CW1 4AY2
£170K11/200.43 mi5, Laureston Avenue, Crewe, Cheshire CW1 5HU2
£127K02/210.44 mi178, Henry Street, Crewe, Cheshire CW1 4BG2
£165K01/230.44 mi182, Henry Street, Crewe, Cheshire East CW1 4BG2
£99K09/210.48 mi20, Brook Street, Crewe, Cheshire CW2 7DF2
£75K11/200.5 mi160, Henry Street, Crewe, Cheshire CW1 4BQ2
£95K10/230.5 mi6, Lord Street, Crewe, Cheshire East CW2 7DG2
£140K07/210.51 mi16, Anderson Close, Crewe, Cheshire East CW1 5JB2
£159.9K08/210.52 mi69, Heron Crescent, Crewe, Cheshire CW1 5YB2
£195K11/220.54 mi81, Heron Crescent, Crewe, Cheshire East CW1 5YB2
£120K07/230.57 mi9, Betley Street, Crewe, Cheshire East CW1 2LE2
£88K06/210.58 mi21, Myrtle Street, Crewe, Cheshire CW2 7HY2
£113K11/210.58 mi24, Myrtle Street, Crewe, Cheshire CW2 7HY2
£78K11/230.58 mi9, Myrtle Street, Crewe, Cheshire East CW2 7HY2
£180.1K12/210.58 mi334, Sydney Road, Crewe, Cheshire CW1 5LS2
£110K11/230.6 mi15, Hewitt Street, Crewe, Cheshire East CW2 6DZ2
£96K01/210.6 mi37, Lawton Street, Crewe, Cheshire CW2 7HZ2
£105K12/210.6 mi50, Maxwell Street, Crewe, Cheshire CW2 7JD2
£94.5K09/230.6 mi8, Maxwell Street, Crewe, Cheshire East CW2 7JD2
£100K04/230.62 mi6, Audley Street, Crewe, Cheshire East CW1 4BT2

Local Rents

22 rents from £550/mo to £1.6K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£58012/240.09 mi-2
£75011/230.1 mi-2
£75001/240.1 mi-2
£65012/240.11 mi-2
£82503/250.22 mi-2
£1,60003/250.25 mi-2
£67512/240.32 mi-2
£67502/250.32 mi-2
£67512/240.36 miAmbuscade Close, Crewe2
£55012/240.47 miBrook Street, Crewe2
£75001/250.48 mi-2
£75012/240.5 miHenry Street, Crewe, CW12
£95003/250.51 mi-2
£75001/240.53 mi-2
£79501/250.53 mi-2
£77512/230.53 mi-2
£62512/240.54 miCrewe, Cheshire, CW22
£77512/240.57 miLord Street, Crewe,2
£77512/240.59 miCamm Street, Crewe, Cheshire, CW2 7DN2
£77502/250.6 mi-2
£69511/240.6 mi-2
£1,40003/250.61 mi-2

Local Area Statistics

Population in CW1

42,160

Population in Crewe

101,534

Town centre distance

0.33 miles away

Nearest school

0.20 miles away

Nearest train station

0.50 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £120,000

January 10, 2025

Floor Plans

Description

  • Two Bedroom Property +
  • Terraced House +
  • Courtyard Garden +
  • Plenty Of Living Space +
  • Upstairs Bathroom +
  • Great Location +

As you step through the front door, you're greeted by a welcoming hallway that seamlessly flows into the expansive dining and living area. This inviting space boasts a charming fireplace, serving as a striking focal point while creating a cozy atmosphere for relaxing evenings. An elegant opening connects the dining room to the lounge, which features a generous window that floods the area with natural light, enhancing the home’s airy feel.

At the rear of the house, you'll discover the bright and functional kitchen, equipped with ample counter space, whether you're cooking a family meal or enjoying your morning coffee, this room is sure to meet all your needs.

Venture upstairs to find two well-sized bedrooms, both rooms are bright and airy, providing a serene environment to unwind. The master bedroom grants access to a shared family bathroom, the bathroom has a separate WC. Outside, the property features a quaint courtyard garden, perfect for light gardening or outdoor dining.

This charming terraced house is an ideal choice for those seeking a blend of comfort, style, and practicality. Don't miss the opportunity to make this lovely home your own!

Agent Details

Butters John Bee, Crewe

01270 433339

Next Steps?

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