3 Bed Detached House, Planning Permission, Crewe, CW1 5LY, £220,000

Sydney Road, Crewe, CW1 5LY - 3 views - 3 months ago

Auction
Planning
ROI: 1%
~93 m²
+19 photos

ValuationOvervalued

Sold Prices£102.5K - £245K
Sold Prices/m²£1.1K/m² - £5.6K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£200,684

 

 

End Value (After Refurb)

£211,868

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£7,200

Refurb Costs

£39,184

Bridging Loan Interest

£5,775

Total Cash In

£108,909

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£211,868

Mortgage (After Refinance)

£158,901

Mortgage LTV

75%

Cash Left In

£108,909

Equity

£52,967

Rent Range

£795 - £1,250

Rent Estimate

£958

Running Costs/mo

£874

Cashflow/mo

£84

Cashflow/yr

£1,012

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £102.5K to £245K, average is £162.8K. £1.1K/m² to £5.6K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£153K04/210.06 mi139, Lansdowne Road, Crewe, Cheshire CW1 5LP3
£150K11/200.11 mi3, Guillemot Close, Crewe, Cheshire East CW1 5YD3
£173K01/230.11 mi74, Lansdowne Road, Crewe, Cheshire East CW1 5LL3
£160K01/230.12 mi23, Rochester Crescent, Crewe, Cheshire East CW1 5YF3
£220K05/230.13 mi15, Hendon Close, Crewe, Cheshire East CW1 5YG3
£166K07/210.15 mi79, Lansdowne Road, Crewe, Cheshire CW1 5LL3
£130K04/230.15 mi60, Lansdowne Road, Crewe, Cheshire East CW1 5LL3
£212K06/230.16 mi96, Coleridge Way, Crewe, Cheshire East CW1 5LF3
£174.5K02/210.16 mi12, Betjeman Way, Crewe, Cheshire CW1 5FS3
£120K03/210.2 mi16, Pelican Close, Crewe, Cheshire CW1 5YA3
£190K05/230.21 mi8, Seagull Close, Crewe, Cheshire East CW1 5LW3
£164K02/230.21 mi15, Pelican Close, Crewe, Cheshire East CW1 5YA3
£153K12/200.21 mi21, Pelican Close, Crewe, Cheshire CW1 5YA3
£245K11/220.22 mi70, Rochester Crescent, Crewe, Cheshire East CW1 5YQ3
£180K04/210.22 mi83, Rochester Crescent, Crewe, Cheshire CW1 5YQ3
£200K07/230.22 mi81, Rochester Crescent, Crewe, Cheshire East CW1 5YQ3
£178.5K03/210.22 mi71, Birch Avenue, Crewe, Cheshire CW1 5LG3
£197.5K04/230.23 mi1, Cormorant Close, Crewe, Cheshire East CW1 5LN3
£147K04/210.24 mi21, Cormorant Close, Crewe, Cheshire CW1 5LN3
£162.5K03/210.25 mi58, Laureston Avenue, Crewe, Cheshire East CW1 5JA3
£169.9K04/230.25 mi2, Drury Close, Crewe, Cheshire East CW1 5LA3
£168.5K03/230.29 mi24, Lansdowne Road, Crewe, Cheshire East CW1 5JY3
£175K01/210.3 mi55, Birch Avenue, Crewe, Cheshire East CW1 5LH3
£175K01/210.3 mi53, Birch Avenue, Crewe, Cheshire East CW1 5LH3
£172K03/230.3 mi47, Birch Avenue, Crewe, Cheshire East CW1 5LH3
£140K05/230.31 mi178, Lime Tree Avenue, Crewe, Cheshire East CW1 4JA3
£145.7K08/210.34 mi8, Greendale Gardens, Crewe, Cheshire CW1 4JD3
£149K12/200.36 mi21, Swinburne Drive, Crewe, Cheshire East CW1 5JE3
£195K11/210.36 mi5, Tennyson Avenue, Crewe, Cheshire East CW1 5JR3
£134K02/230.39 mi187, Queen Street, Crewe, Cheshire East CW1 4AU3
£140K11/200.42 mi181, Lime Tree Avenue, Crewe, Cheshire East CW1 4HY3
£102.5K06/210.42 mi130, Lime Tree Avenue, Crewe, Cheshire East CW1 4HY3
£185K08/210.42 mi28, Coleridge Way, Crewe, Cheshire East CW1 5JW3
£142.5K03/210.42 mi38, Coleridge Way, Crewe, Cheshire CW1 5JW3
£152K07/230.42 mi36, Coleridge Way, Crewe, Cheshire East CW1 5JW3
£124K04/210.43 mi90, Plane Tree Drive, Crewe, Cheshire East CW1 4ES3
£176K01/210.44 mi15, Bennett Close, Crewe, Cheshire CW1 5HB3
£163K03/210.44 mi5, Bennett Close, Crewe, Cheshire CW1 5HB3
£148K01/210.44 mi31, Bennett Close, Crewe, Cheshire East CW1 5HB3
£170K07/230.46 mi21, Plane Tree Drive, Crewe, Cheshire East CW1 4ET3
£135K06/210.48 mi15, Conrad Close, Crewe, Cheshire CW1 5HE3
£145K01/210.48 mi3, Conrad Close, Crewe, Cheshire CW1 5HE3
£135K12/200.48 mi16, Newfield Drive, Crewe, Cheshire East CW1 4AS3
£107.5K05/210.49 mi122, Richmond Road, Crewe, Cheshire CW1 4BA3
£150K06/230.49 mi25, Acacia Crescent, Crewe, Cheshire East CW1 4EZ3
£145K04/230.5 mi4, Crabtree Grove, Crewe, Cheshire East CW1 4HA3
£240K07/230.5 mi378, Hungerford Road, Monks Coppenhall, Crewe, Cheshire East CW1 6HD3
£205K11/210.5 miWindy Nook, Maw Green Road, Crewe, Cheshire East CW1 4HH3
£130K04/230.51 mi270, Hungerford Road, Monks Coppenhall, Crewe, Cheshire East CW1 6HG3
£194K12/220.51 mi242, Hungerford Road, Monks Coppenhall, Crewe, Cheshire East CW1 6HG3

Local Rents

20 rents from £795/mo to £1.3K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£95012/240.15 miHeron Crescent, Crewe, CW13
£85012/240.15 mi-3
£87510/240.22 mi-3
£1,25003/250.4 mi-3
£90012/240.43 miRichmond Road, Crewe3
£1,20012/240.46 mi-3
£1,20004/250.46 mi-3
£1,10004/250.47 mi-3
£79512/240.47 mi-3
£87512/240.47 mi-3
£89512/240.5 mi-3
£99512/240.52 mi-3
£99511/240.52 mi-3
£1,20012/240.52 mi-3
£1,20002/250.52 mi-3
£1,20012/240.52 miNewfield Drive, Crewe, CW13
£92504/250.54 mi-3
£95012/240.56 mi-3
£90001/250.59 mi-3
£79512/240.6 mi-3

Local Area Statistics

Population in CW1

42,160

Population in Crewe

101,534

Town centre distance

0.90 miles away

Nearest school

0.50 miles away

Nearest train station

1.15 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 £220,000

March 24, 2025

Price changed to £189,000

February 16, 2025

Listed for £200,000

January 28, 2025

Floor Plans

Description

  • For Sale By Modern Method Of Auction +
  • Lovely Mature Detached Home +
  • Generous Corner Plot +
  • Planning Permission For Two Storey Extension Application Number 22/470N +
  • No Buying Chain Involved +
  • Invaluable Off Road Parking +
  • Versatile Accommodation +
  • Bathroom & Shower Room +
  • Feature Log Burner In Lounge +
  • Viewing Highly Recommended +

For sale by Modern Method of Auction: Starting Bid Price £200,000 plus reservation fee.

Planning application numer: 22/4730N - A two storey side extension.

We recommend an early viewing and welcome you to this lovely detached home which sits nicely behind a mature hedge within a generous corner plot providing security and privacy. This home is not just four walls and a roof, it is a property that offers a wealth of opportunities and potential, you can spend as much or as little as you like, either extend or leave as is, the choice is yours!

You can move in straight away as there is no buying chain involved allowing you to enjoy the accommodation already available enabling you at your leisure to extend should you so desire.
This house presents an excellent opportunity for families and individuals alike with versatile accommodation and well proportioned bedrooms, this property offers ample space for comfortable living. The layout is thoughtfully designed, featuring a welcoming lounge and spacious sitting/dining room that serves as the perfect gathering space for family and friends.

The house boasts a ground floor shower room and upstairs bathroom, ensuring convenience for all occupants. This is particularly advantageous for busy households, allowing for a seamless morning routine. The property is set in a pleasant neighbourhood, providing a sense of community while still being close to local amenities.

The exterior of the house is equally appealing, with a garden that offers potential for outdoor enjoyment, whether it be for gardening enthusiasts or for children to play. The location on Sydney Road ensures easy access to highly regarded schools and local facilities.

Ring us today to secure your viewing.

.

Auctioneer's Comments - This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with Iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Entrance Hall -

Lounge - 5.93m x 4.38m (19'5" x 14'4") -

Sitting/Dining Room - 7.09m x 2.68m (23'3" x 8'9") -

Kitchen - 3.75m x 2.68m (12'3" x 8'9") -

Inner Hall -

Shower Room - 1.69m x 2.57m (5'6" x 8'5") -

Ground Floor Bedroom/Second Reception - 3.93m x 3.68m (12'10" x 12'0") -

Stairs To First Floor -

Bedroom One - 4.37m x 3.3m (14'4" x 10'9") -

Bedroom Two - 3.57m x 3.66m (11'8" x 12'0") -

Bathroom -

Externally -

Tenure - We understand from the vendor that the property is freehold. We would however recommend that your solicitor check the tenure prior to exchange of contracts.

Need To Sell? - For a FREE valuation please call or e-mail and we will be happy to assist.

Council Tax - Band B

Agent Details

Stephenson Browne Ltd, Crewe

01270 433841

Next Steps?

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