Potential 4-Bed HMO, Crewe, CW1 5EW £175,000

Gresty Terrace, Crewe, Cheshire, CW1 5EW - 12 views - 10 months ago
Sold STC
HMO
Inside Article 4
ROI: 11%
~91 m²
Property image
Property image
Property image
Property image

ValuationUndervalued

Sold Prices£72.5K - £335K
Sold Prices/m²£806/m² - £5.6K/m²

 

 

Square Metres

~90.80 m²
Price/m²£1.9K/m²

Value Estimate

£182,676
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£10,950

Total Cash In

£54,700

 

 

Cash Out

 

Room Rate

£464

Gross Rent

£1,856

Running Costs/mo

£1,370

Cashflow/mo

£486

Cashflow/yr

£5,833

ROI

11%

Gross Yield

13%

Local Sold Prices

50 sold prices from £72.5K to £335K, average is £153.5K. £806/m² to £5.6K/m², average is £1.8K/m².

Price
Date
Distance
Address
Beds
 
£132.5K05/230.09 mi2, Hungerford Avenue, Crewe, Cheshire East CW1 6ER3
£126K05/230.09 mi22, Hungerford Avenue, Crewe, Cheshire East CW1 6ER3
£175K05/250.11 mi34, Buxton Avenue, Crewe CW1 6EU3
£175K05/250.11 mi34, Buxton Avenue, Crewe CW1 6EU3
£160K06/230.12 mi17, Buxton Avenue, Crewe, Cheshire East CW1 6EU3
£120K05/230.12 mi16, Buxton Avenue, Crewe, Cheshire East CW1 6EU3
£125K12/220.12 mi33, Buxton Avenue, Crewe, Cheshire East CW1 6EU3
£205K03/250.14 mi102, Ludlow Avenue, Crewe CW1 6DY3
£194K04/230.16 mi22, Lea Avenue, Crewe, Cheshire East CW1 6HQ3
£240K02/250.2 mi3, Wilding Street, Crewe CW1 5HP3
£155K04/230.22 mi30, Ludlow Avenue, Crewe, Cheshire East CW1 6DY3
£130K04/230.24 mi270, Hungerford Road, Monks Coppenhall, Crewe, Cheshire East CW1 6HG3
£194K12/220.24 mi242, Hungerford Road, Monks Coppenhall, Crewe, Cheshire East CW1 6HG3
£136.5K08/210.29 mi53, Crewe Road, Crewe, Cheshire CW1 6DT3
£185K08/210.3 mi28, Coleridge Way, Crewe, Cheshire East CW1 5JW3
£152K07/230.3 mi36, Coleridge Way, Crewe, Cheshire East CW1 5JW3
£135K06/210.3 mi15, Conrad Close, Crewe, Cheshire CW1 5HE3
£217K01/250.31 mi12, Hungerford Terrace, Crewe CW1 6HF3
£195K05/230.32 mi12, Hungerford Terrace, Crewe, Cheshire East CW1 6HF3
£177.5K04/230.32 mi10, Hungerford Terrace, Crewe, Cheshire East CW1 6HF3
£193K10/210.35 mi8, Fernbank Close, Crewe, Cheshire East CW1 6ES3
£195K11/210.36 mi5, Tennyson Avenue, Crewe, Cheshire East CW1 5JR3
£240K07/230.38 mi378, Hungerford Road, Monks Coppenhall, Crewe, Cheshire East CW1 6HD3
£143K05/230.41 mi89, Queen Street, Crewe, Cheshire East CW1 4AL3
£130K12/240.42 mi46, Queen Street, Crewe CW1 4AL3
£168.5K03/230.43 mi24, Lansdowne Road, Crewe, Cheshire East CW1 5JY3
£335K01/250.43 mi19, Mill Bridge Close, Crewe CW1 5DZ3
£169.9K04/230.47 mi2, Drury Close, Crewe, Cheshire East CW1 5LA3
£72.5K01/250.48 mi48, Lord Street, Crewe, Cheshire East CW2 7DH3
£90K05/230.48 mi29, Lord Street, Crewe, Cheshire East CW2 7DH3
£150K05/250.48 mi212, Henry Street, Crewe CW1 4BG3
£150K05/250.48 mi212, Henry Street, Crewe CW1 4BG3
£201K05/250.48 mi26, Cormorant Close, Crewe CW1 5LN3
£197.5K04/230.49 mi1, Cormorant Close, Crewe, Cheshire East CW1 5LN3
£172K03/230.5 mi47, Birch Avenue, Crewe, Cheshire East CW1 5LH3
£140K02/250.51 mi170, Henry Street, Crewe CW1 4BQ3
£117.5K06/250.51 mi37, Spring Gardens, Crewe CW1 4AP3
£117.5K06/250.51 mi37, Spring Gardens, Crewe CW1 4AP3
£130K07/230.53 mi92, Lord Street, Crewe, Cheshire East CW2 7DL3
£120K05/230.53 mi69, Lord Street, Crewe, Cheshire East CW2 7DL3
£134K02/230.54 mi187, Queen Street, Crewe, Cheshire East CW1 4AU3
£90K06/210.54 mi104, Henry Street, Crewe, Cheshire East CW1 4BQ3
£155K12/240.54 mi52, Newfield Drive, Crewe CW1 4AS3
£110K07/230.56 mi21, Electricity Street, Crewe, Cheshire East CW2 7EW3
£96K08/250.56 mi26, Gresty Road, Crewe CW2 6DY3
£155K12/240.56 mi14, Newfield Drive, Crewe CW1 4AS3
£109K08/230.57 mi25, Lawton Street, Crewe, Cheshire East CW2 7HZ3
£190K05/230.57 mi8, Seagull Close, Crewe, Cheshire East CW1 5LW3
£115K09/230.58 mi1, Stalbridge Road, Crewe, Cheshire East CW2 7LR3
£212K06/230.58 mi96, Coleridge Way, Crewe, Cheshire East CW1 5LF3

Local Area Statistics

Population in CW1

42,160

Population in Crewe

101,534

Town centre distance

0.32 miles away

Nearest school

0.30 miles away

Nearest train station

0.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Price changed to £175,000

June 28, 2025

Price changed to £170,000

February 20, 2025

Listed for £180,000

February 5, 2025

Floor Plans

Property image

Description

  • No Onward Chain +
  • Renovated throughout +
  • Three Double Bedrooms With Fitted Wardrobes +
  • Master Bedroom With Ensuite Bathroom +
  • Porch & Hallway With WC +
  • Driveway For Two Cars +
  • Landscaped Low Maintenance Garden +
  • Modern Kitchen & Bathrooms +
  • Located Next to Macon Meadows Park Area +

Whitegates in Crewe is excited to present this three-bedroom mid-terrace property. Virtual Tour Available. Nestled in a quiet and private position next to Macon Meadows park area, this stunning home offers a quiet setting with no through traffic. From the moment you enter, you’ll appreciate the spacious and stylish layout that makes moving in a breeze. The property features a welcoming porch, leading to a hallway with a convenient WC. Having three generously sized double bedrooms, with the master suite boasting a modern en-suite bathroom, perfectly complementing the contemporary family bathroom. The impressive kitchen with ample dining space and the spacious living room provides comfortable living space, while the fully landscaped and private rear garden offers low-maintenance. Plus, the convenience of driveway parking for two cars. Contact Whitegates in Crewe for more information.

This property features a porch with built-in storage. Upon entering, you'll find a welcoming entrance hall that features a convenient downstairs WC. Leading from the hall is a modern kitchen and dining room that faces the front of the house, allowing for plenty of natural light. The kitchen is equipped with contemporary cupboard units and offers generous space for a complete range of appliances. It includes an integrated electric oven, grill, and electric hob, with an extractor unit above. There is also ample room for a dining area. The tastefully decorated living room, which is both spacious and inviting, is located at the rear of the house. It features a large window overlooking the rear garden. Additionally, an inner hallway leads to an external door out to the garden.

This home offers three generously sized bedrooms and two beautifully designed bathrooms, perfect for comfortable living. The master bedroom features an ensuite bathroom, complete with a shower enclosure, sink and toilet. The second bedroom, also a spacious double, while the third bedroom could accommodate a double bed. All bedrooms include fitted wardrobes. Additionally, the accommodation includes a stylish three-piece family bathroom, with a large shower enclosure, luxury tiling, sink, and toilet.

At the rear, you’ll find a generous, enclosed patio area, fully landscaped for easy low maintenance and adorned with stone flagging. Enjoying a private aspect. To the front, the property has a driveway that can comfortably accommodate multiple vehicles.

The property would provide a comfortable home for a family, but all the safety requirements for a HMO have also been put in place to meet regulations. The property has the potential to gross £1,750+ a month if let on that basis, making it ideal for investors, as well as homebuyers. Don't miss the opportunity to make this property your own and enjoy its spacious, modern features.

Tenure - Freehold
Council Tax Band - A
EPC Rating - C

The house is located next to Macon Meadows, a spacious park that provides an excellent recreational facility and beautiful views from the front. It is a 12-minute walk to the railway station and within easy walking distance of the impressive Local Authority "Lifestyle Centre," which features a fantastic swimming pool and gym.

Easy access into the Crewe Town Centre, Sandbach bypass, M6 and A500 makes this home a commuters dream. The train station and bus station are within close proximity and there are plenty of bus stops within touching distance.

Crewe Town Centre offers an abundance of local amenities, working opportunities as well as sporting facilities. Slightly further to the South West you will find Nantwich, which is a beautiful and historic Town filled with boutique shops, historical buildings, sporting facilities, bars and restaurants.

The area offers an excellent choice of highly regarded primary and secondary schools. Secondary schools include Sir William Stanier and primary schools include Monks Coppenhall, Hungerford Primary and Brierley Primary. The property is also situated in very close proximity to Springfield School in Crewe.

Agent Details

Whitegates, Crewe

01270 433736

Next Steps?

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