3 Bed Semi-Detached House, Refurb/BRRR, Crewe, CW1 4DP, £180,000

Middlewich Street, Crewe, CW1 4DP - 2 months ago

Sold STC
Refurb/BRRR
ROI: 11%
~93 m²
+16 photos

ValuationOvervalued

Sold Prices£70K - £260K
Sold Prices/m²£833/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£143,828

 

 

End Value (After Refurb)

£169,106

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£11,300

Refurb Costs

£39,184

Bridging Loan Interest

£4,725

Total Cash In

£101,959

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£169,106

Mortgage (After Refinance)

£126,830

Mortgage LTV

75%

Cash Left In

£101,959

Equity

£42,277

Rent Range

£795 - £3,000

Rent Estimate

£1,827

Running Costs/mo

£914

Cashflow/mo

£913

Cashflow/yr

£10,958

ROI

11%

Gross Yield

12%

Local Sold Prices

50 sold prices from £70K to £260K, average is £139K. £833/m² to £3.2K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£117K03/210.01 mi268, Middlewich Street, Crewe, Cheshire East CW1 4DP3
£192K04/230.01 mi254, Middlewich Street, Crewe, Cheshire East CW1 4DP3
£180K02/230.01 mi256, Middlewich Street, Crewe, Cheshire East CW1 4DP3
£240K01/230.05 mi207, Middlewich Street, Crewe, Cheshire East CW1 4DN3
£107.5K02/210.07 mi8, Lime Tree Avenue, Crewe, Cheshire East CW1 4HW3
£120K12/200.08 mi6, Hawthorn Grove, Crewe, Cheshire East CW1 4HR3
£126K12/200.08 mi61, Remer Street, Coppenhall, Crewe, Cheshire CW1 4LU3
£160K11/200.1 mi68, Greenway, Crewe, Cheshire CW1 4JN3
£190K06/230.1 mi25, Greenway, Crewe, Cheshire East CW1 4JN3
£160K01/210.1 mi38, Greenway, Crewe, Cheshire CW1 4JN3
£93K05/210.14 mi37, Lime Tree Avenue, Crewe, Cheshire East CW1 4HN3
£153K02/230.14 mi17, Stamp Avenue, Crewe, Cheshire East CW1 4JP3
£180K04/210.14 mi199, Broad Street, Crewe, Cheshire East CW1 4JJ3
£120K03/210.16 mi14, Sycamore Avenue, Crewe, Cheshire CW1 4DR3
£134K12/200.16 mi79, Sycamore Avenue, Crewe, Cheshire East CW1 4DR3
£167K03/230.16 mi34, Sycamore Avenue, Crewe, Cheshire East CW1 4DR3
£115K11/200.16 mi20, Ash Road, Crewe, Cheshire CW1 4DU3
£148K01/210.16 mi112, Middlewich Street, Crewe, Cheshire CW1 4DL3
£231K01/230.18 mi2, Churchmere Drive, Crewe, Cheshire East CW1 4SN3
£140K01/210.18 mi2, Churchmere Drive, Crewe, Cheshire East CW1 4SN3
£158K12/220.18 mi48, Cherry Tree Road, Crewe, Cheshire East CW1 4DX3
£118K12/200.21 mi8, Stoneley Road, Crewe, Cheshire CW1 4NG3
£157K05/210.21 mi179, Middlewich Street, Crewe, Cheshire CW1 4DH3
£90K02/230.21 mi67, North Street, Crewe, Cheshire East CW1 4NJ3
£105.5K08/210.23 mi2, Maple Grove, Crewe, Cheshire East CW1 4DY3
£96K01/210.24 mi55, Prunus Road, Crewe, Cheshire CW1 4HD3
£167K11/200.25 mi7, Woodland Gardens, Crewe, Cheshire East CW1 4JS3
£175K05/210.25 mi11, Woodland Gardens, Crewe, Cheshire CW1 4JS3
£115K10/200.26 mi20, Stoneley Avenue, Crewe, Cheshire CW1 4NH3
£82K08/210.28 mi59, Stoneley Avenue, Crewe, Cheshire East CW1 4NH3
£155K06/210.28 mi117, Remer Street, Coppenhall, Crewe, Cheshire CW1 4LZ3
£138K11/210.28 mi125, Remer Street, Coppenhall, Crewe, Cheshire East CW1 4LZ3
£147K02/230.28 mi1, Merchants Court, Crewe, Cheshire East CW1 4GB3
£130K02/230.29 mi3, Merchants Court, Crewe, Cheshire East CW1 4GB3
£120K02/210.29 mi17, Merchants Court, Crewe, Cheshire CW1 4GB3
£105K11/220.32 mi38, Singleton Avenue, Crewe, Cheshire East CW1 3TY3
£153K11/210.33 mi52, Broughton Road, Crewe, Cheshire East CW1 4NT3
£163K03/210.33 mi48, Broughton Road, Crewe, Cheshire East CW1 4NT3
£176.5K08/210.33 mi125, Broad Street, Crewe, Cheshire CW1 3UD3
£190K12/220.36 mi12, Bailey Close, Coppenhall, Crewe, Cheshire East CW1 3SY3
£260K08/230.36 mi15, William Morrey Close, Crewe, Cheshire East CW1 4ST3
£180K12/220.36 mi38, Deneside Avenue, Crewe, Cheshire East CW1 3ST3
£109K05/230.36 mi28, Plane Tree Drive, Crewe, Cheshire East CW1 4ER3
£127.5K11/200.36 mi20, Plane Tree Drive, Crewe, Cheshire East CW1 4ER3
£70K02/210.36 mi28, Plane Tree Drive, Crewe, Cheshire East CW1 4ER3
£117K12/200.36 mi19, Sorbus Drive, Crewe, Cheshire East CW1 4EU3
£150K03/230.37 mi43, Mclaren Street, Coppenhall, Crewe, Cheshire East CW1 3SS3
£130K01/210.37 mi79, Sorbus Drive, Crewe, Cheshire CW1 4EX3
£70K01/210.37 mi14, Kempton Avenue, Coppenhall, Crewe, Cheshire CW1 3TB3
£85K02/210.37 mi50, Charlesworth Street, Crewe, Cheshire East CW1 4DE3

Local Rents

11 rents from £795/mo to £3K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£95007/240.09 mi-3
£2,50012/240.46 mi-3
£2,50012/240.46 mi-3
£2,50012/240.46 mi-3
£3,00012/240.5 mi-3
£3,00012/240.5 mi-3
£1,25003/250.52 mi-3
£1,20012/240.53 mi-3
£1,20001/250.53 mi-3
£1,20012/240.53 miNewfield Drive, Crewe, CW13
£79512/240.6 mi-3

Local Area Statistics

Population in CW1

42,160

Population in Crewe

101,534

Town centre distance

0.99 miles away

Nearest school

0.20 miles away

Nearest train station

1.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £180,000

January 23, 2025

Floor Plans

Description

  • Mature semi detached family home +
  • 3 Bedrooms +
  • Fitted Kitchen +
  • Wet Room +
  • Bathrooom +
  • Conservatory +
  • Double driveway +
  • Freehold +
  • No Onward Chain +

Three bedroom semi detached property in need of modernisation to create a lovely family home with large rear garden in popular location with excellent commuter links to the M6 motorway, the A500 and Crewe's mainline railway station. In brief the property comprises 3 bedrooms, open plan living/dining room, conservatory, spacious kitchen, wet room, family bathroom, block paved driveway and large rear garden with sheds one of which has power and lighting. OFFERED FOR SALE WITH NO ONWARD CHAIN.

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

Agent Details

Wheatcroft & Lloyd, Sandbach

01270 433925

Next Steps?

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