2 Bed Detached House, Single Let, Crewe, CW2 7HD, £100,000

Edleston Road, Crewe, Cheshire, CW2 7HD - 2 views - 3 months ago

Sold STC
Auction
BTL
ROI: 2%
~68 m²
+3 photos

ValuationOvervalued

Sold Prices£25K - £183.3K
Sold Prices/m²£294/m² - £2.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£87,119

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,200

Total Cash In

£29,200

 

 

Cash Out

 

Rent Range

£450 - £1,600

Rent Estimate

£463

Running Costs/mo

£425

Cashflow/mo

£38

Cashflow/yr

£455

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £25K to £183.3K, average is £103.3K. £294/m² to £2.1K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£83K04/230.09 mi65, Hope Street, Crewe, Cheshire East CW2 7DR2
£85K01/230.11 mi63, Hope Street, Crewe, Cheshire East CW2 7DR2
£105K11/220.14 mi43, Derrington Avenue, Crewe, Cheshire East CW2 7JB2
£103K12/230.15 mi77, Westminster Street, Crewe, Cheshire East CW2 7LG2
£105K12/210.15 mi50, Maxwell Street, Crewe, Cheshire CW2 7JD2
£94.5K09/230.15 mi8, Maxwell Street, Crewe, Cheshire East CW2 7JD2
£115K01/230.17 mi68, Furnival Street, Crewe, Cheshire East CW2 7LH2
£92.3K12/200.18 mi28, Wood Street, Crewe, Cheshire CW2 6HH2
£96K01/210.19 mi37, Lawton Street, Crewe, Cheshire CW2 7HZ2
£100K03/210.19 mi10, Frances Street, Crewe, Cheshire CW2 6HF2
£90K04/240.19 mi23, Chambers Street, Crewe, Cheshire East CW2 6HJ2
£90K03/230.19 mi69, Chambers Street, Crewe, Cheshire East CW2 6HJ2
£95K10/230.2 mi6, Lord Street, Crewe, Cheshire East CW2 7DG2
£125K05/230.21 mi223, Walthall Street, Crewe, Cheshire East CW2 7LE2
£110K11/230.21 mi15, Hewitt Street, Crewe, Cheshire East CW2 6DZ2
£113K01/230.21 mi89, Catherine Street, Crewe, Cheshire East CW2 6HE2
£125K04/230.23 mi22, Culland Street, Crewe, Cheshire East CW2 6DQ2
£94K03/210.23 mi21, Culland Street, Crewe, Cheshire East CW2 6DQ2
£125K10/230.23 mi29, Culland Street, Crewe, Cheshire East CW2 6DQ2
£88K06/210.23 mi21, Myrtle Street, Crewe, Cheshire CW2 7HY2
£113K11/210.23 mi24, Myrtle Street, Crewe, Cheshire CW2 7HY2
£78K11/230.23 mi9, Myrtle Street, Crewe, Cheshire East CW2 7HY2
£73K04/210.23 mi42, South Street, Crewe, Cheshire East CW2 6HL2
£99K09/210.24 mi20, Brook Street, Crewe, Cheshire CW2 7DF2
£115K11/200.28 mi11, Yates Street, Crewe, Cheshire CW2 7LY2
£110K12/200.28 mi23, Yates Street, Crewe, Cheshire East CW2 7LY2
£113K11/200.28 mi35, Bedford Street, Crewe, Cheshire CW2 6JA2
£80K05/210.29 mi8, Alton Street, Crewe, Cheshire CW2 7QQ2
£123K07/230.3 mi12, Lunt Avenue, Crewe, Cheshire East CW2 7LZ2
£137K11/230.3 mi26, Lunt Avenue, Crewe, Cheshire East CW2 7LZ2
£113K08/230.36 mi87, Alton Street, Crewe, Cheshire East CW2 7QF2
£107K03/230.36 mi44, Alton Street, Crewe, Cheshire East CW2 7QF2
£107K09/230.36 mi134, Gresty Road, Crewe, Cheshire East CW2 6EF2
£183.3K06/230.38 mi60, Bedford Gardens, Crewe, Cheshire East CW2 6JR2
£74K01/210.38 mi39, Wistaston Road, Crewe, Cheshire CW2 7RA2
£90K12/230.39 mi14, Clifton Street, Crewe, Cheshire East CW2 7QA2
£76K06/230.41 mi80, Wistaston Road, Crewe, Cheshire East CW2 7RE2
£101K11/220.42 mi25, Wistaston Road, Crewe, Cheshire East CW2 7RA2
£150K10/230.44 mi91, Gainsborough Road, Crewe, Cheshire East CW2 7PJ2
£94K09/210.45 mi93, Wistaston Road, Crewe, Cheshire CW2 7RB2
£120K07/230.48 mi2, Denver Avenue, Crewe, Cheshire East CW2 7PX2
£120K07/230.48 mi9, Betley Street, Crewe, Cheshire East CW1 2LE2
£120K12/220.48 mi130, Wistaston Road, Crewe, Cheshire East CW2 7RQ2
£93K11/220.49 mi104, Flag Lane, Crewe, Cheshire East CW2 7QU2
£105K06/230.49 mi159, Wistaston Road, Crewe, Cheshire East CW2 7RH2
£95.2K02/240.5 mi89, Flag Lane, Crewe, Cheshire East CW2 7QT2
£90K04/230.5 mi16, Lewis Street, Crewe, Cheshire East CW2 7QR2
£103.5K01/210.52 mi17, Crewe Road, Crewe, Cheshire East CW1 6DS2
£115K09/210.58 mi164a, Wistaston Road, Crewe, Cheshire CW2 7RJ2
£25K09/230.59 mi57, Davenport Avenue, Crewe, Cheshire East CW2 6LG2

Local Rents

27 rents from £450/mo to £1.6K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£1,40003/250.02 mi-2
£77502/250.03 mi-2
£77512/240.06 miLord Street, Crewe,2
£77512/240.07 miCamm Street, Crewe, Cheshire, CW2 7DN2
£62512/240.16 miCrewe, Cheshire, CW22
£82502/250.17 mi-2
£69512/240.19 mi-2
£55012/240.24 miBrook Street, Crewe2
£75012/240.24 miSwinnerton Street2
£65012/240.24 miCatherine Street, Crewe, CW22
£82504/250.26 mi-2
£75003/250.26 mi-2
£77512/240.36 miWalthall Street, Crewe, CW22
£95004/250.38 mi-2
£75012/240.38 miSt Andrews Court, Crewe, CW2 6LF2
£72511/240.38 mi-2
£79501/250.43 mi-2
£70003/250.43 mi-2
£75012/240.47 mi-2
£77512/230.47 mi-2
£75012/240.49 mi-2
£75012/240.49 miFlag Lane, Crewe, CW22
£75012/240.49 miWistaston Road2
£70012/240.5 miDenver Avenue, Crewe, CW2 7PX2
£72011/240.58 mi-2
£1,60003/250.6 mi-2
£45012/240.6 miDelemere2

Local Area Statistics

Population in CW2

40,752

Population in Crewe

101,534

Town centre distance

0.42 miles away

Nearest school

0.20 miles away

Nearest train station

0.36 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £100,000

January 28, 2025

Floor Plans

Description

Landlord Investment opportunity with high yield!
Two, one bed flats with sitting tenants.
Detached garage with the benefit of electric
Located walking distance from the railway.
Achieving £550.00 per calendar month per apartment.
£13200 per annum ! 12% Yield.
Tenants contracts runs until April & July 2025.
Tenants have been fully vetted, contract and property compliance certificates are in place.
Fully managed by Martin & Co Letting agents.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Agent Details

Whitegates, Crewe

01270 433736

Next Steps?

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