3 Bed Terraced House, Refurb/BRRR, Crewe, CW2 6HA, £125,000

Laura Street, Crewe, CW2 6HA - 4 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 6%
~93 m²
+15 photos

ValuationFair Value

Sold Prices£90K - £222K
Sold Prices/m²£877/m² - £2.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£126,250

 

 

End Value (After Refurb)

£135,238

Uplift in Value

+8%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Refurb Costs

£39,324

Bridging Loan Interest

£3,281

Total Cash In

£80,555

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£135,238

Mortgage (After Refinance)

£101,428

Mortgage LTV

75%

Cash Released

£7,678

Cash Left In

£72,877

Equity

£33,809

Rent Range

£695 - £2,900

Rent Estimate

£1,068

Running Costs/mo

£656

Cashflow/mo

£412

Cashflow/yr

£4,941

ROI

6%

Gross Yield

10%

Local Sold Prices

50 sold prices from £90K to £222K, average is £137.5K. £877/m² to £2.4K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£171K12/230 mi32, Laura Street, Crewe, Cheshire East CW2 6HA3
£100K05/210.02 mi38, St Clair Street, Crewe, Cheshire East CW2 6HB3
£140K09/230.02 mi36, St Clair Street, Crewe, Cheshire East CW2 6HB3
£140K01/210.07 mi17, Barker Street, Crewe, Cheshire CW2 6BL3
£126K10/200.07 mi18, Dario Gradi Drive, Crewe, Cheshire CW2 6GL3
£120K07/230.08 mi40, Claughton Avenue, Crewe, Cheshire East CW2 6EZ3
£176.5K01/230.08 mi18, Manor Way, Crewe, Cheshire East CW2 6JX3
£140K05/210.11 mi9, Herbert Swindells Close, Crewe, Cheshire CW2 6GP3
£100K07/230.12 mi8, Bedford Street, Crewe, Cheshire East CW2 6JA3
£148K08/210.15 mi15, Neville Street, Crewe, Cheshire East CW2 6LA3
£140K08/230.15 mi34, Neville Street, Crewe, Cheshire East CW2 6LA3
£115K01/210.15 mi45, Neville Street, Crewe, Cheshire East CW2 6LA3
£130K04/240.16 mi61, Catherine Street, Crewe, Cheshire East CW2 6HD3
£129K02/210.16 mi98, Bedford Street, Crewe, Cheshire East CW2 6JD3
£105K07/230.17 mi73, Bedford Street, Crewe, Cheshire East CW2 6JB3
£115K08/230.17 mi51, Bedford Street, Crewe, Cheshire East CW2 6JB3
£133K02/210.17 mi4, Bedford Court, Crewe, Cheshire East CW2 6AH3
£222K11/210.18 mi66, Manor Way, Crewe, Cheshire East CW2 6JX3
£185K06/230.18 mi20, Manor Way, Crewe, Cheshire East CW2 6JX3
£120K10/230.18 mi92, Manor Way, Crewe, Cheshire East CW2 6JX3
£148.5K02/240.18 mi30, Manor Way, Crewe, Cheshire East CW2 6JX3
£124K07/210.18 mi20, Manor Way, Crewe, Cheshire East CW2 6JX3
£122.5K03/240.2 mi71, Catherine Street, Crewe, Cheshire East CW2 6HE3
£108K03/210.2 mi48, Davenport Avenue, Crewe, Cheshire East CW2 6LG3
£125K10/200.2 mi18, Davenport Avenue, Crewe, Cheshire East CW2 6LG3
£178.5K08/230.2 mi16, Davenport Avenue, Crewe, Cheshire East CW2 6LG3
£167K01/230.21 mi109, Ernest Street, Crewe, Cheshire East CW2 6JZ3
£135K07/210.21 mi110, Claughton Avenue, Crewe, Cheshire East CW2 6EY3
£145K06/230.21 mi144, Claughton Avenue, Crewe, Cheshire East CW2 6EY3
£125K08/210.22 mi96, Ernest Street, Crewe, Cheshire East CW2 6JZ3
£165K03/210.22 mi98, Ernest Street, Crewe, Cheshire CW2 6JZ3
£148K07/230.24 mi47, Ernest Street, Crewe, Cheshire East CW2 6JE3
£145K11/230.24 mi45, Ernest Street, Crewe, Cheshire East CW2 6JE3
£110.5K06/230.24 mi46, Ernest Street, Crewe, Cheshire East CW2 6JE3
£90K02/210.24 mi3, Edward Street, Crewe, Cheshire East CW2 6HQ3
£168K06/230.24 mi38, Atholl Avenue, Crewe, Cheshire East CW2 6JH3
£167.5K02/240.24 mi2, Atholl Avenue, Crewe, Cheshire East CW2 6JH3
£140K08/230.26 mi6, Howbeck Walk, Crewe, Cheshire East CW2 6LH3
£110K09/210.26 mi6, Howbeck Walk, Crewe, Cheshire East CW2 6LH3
£150K10/230.26 mi63, Davenport Avenue, Crewe, Cheshire East CW2 6LQ3
£166K03/240.26 mi65, Davenport Avenue, Crewe, Cheshire East CW2 6LQ3
£175K12/200.26 mi69, Manor Way, Crewe, Cheshire East CW2 6JU3
£120K04/230.29 mi5, Birchall Walk, Crewe, Cheshire East CW2 6LJ3
£115K11/200.29 mi21, Madeley Street, Crewe, Cheshire CW2 6DL3
£145K02/210.32 mi27, St Andrews Avenue, Crewe, Cheshire CW2 6JJ3
£120K08/230.37 mi40, Brooklyn Street, Crewe, Cheshire East CW2 7JF3
£180K04/230.38 mi44, Salisbury Avenue, Crewe, Cheshire East CW2 6JW3
£122K03/230.38 mi32, Nelson Street, Crewe, Cheshire East CW2 7LJ3
£115K04/210.38 mi18, Nelson Street, Crewe, Cheshire CW2 7LJ3
£143K02/230.4 mi100, Brooklyn Street, Crewe, Cheshire East CW2 7JE3

Local Rents

25 rents from £695/mo to £2.9K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£99512/240.01 mi-3
£85012/230.05 mi-3
£85012/240.15 mi-3
£92502/250.15 mi-3
£96012/240.18 mi-3
£95012/240.19 mi-3
£95002/250.19 mi-3
£97512/240.19 mi-3
£90003/250.19 mi-3
£95012/240.2 miDavenport Avenue, Crewe3
£95003/250.2 mi-3
£1,00002/250.23 mi-3
£85012/240.24 miErnest St, Crewe3
£85012/240.24 miErnest Street, Crewe3
£69512/240.29 miHope Street, Crewe, Cheshire3
£92512/240.3 miSt. Andrew's Court, Crewe3
£82512/240.4 mi-3
£1,15011/240.46 mi-3
£97512/240.47 miSalisbury Close, Crewe, Cheshire, CW2 6JN3
£85012/230.47 mi-3
£90012/240.52 mi-3
£2,90012/240.53 mi-3
£2,75002/250.55 mi-3
£80012/240.59 miLawton Street, Crewe, CW23
£97512/240.6 miBroadleigh Way, Wistaston3

Local Area Statistics

Population in CW2

40,752

Population in Crewe

101,534

Town centre distance

0.76 miles away

Nearest school

0.50 miles away

Nearest train station

0.33 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £125,000

February 8, 2025

Floor Plans

Description

  • Mature terraced property +
  • Fantastic Investment Opportunity +
  • 3 Bedrooms +
  • 2 Reception rooms +
  • Conservatory +
  • Enclosed rear garden +
  • No Onward Chain +

We are pleased to offer for sale this 3 bedroom, traditional, bay fronted, mid terraced property in need of modernisation. Appealing to both investors and first time buyers who would like a project to make their own. Situated in close proximity to Crewe;'s mainline railway station and having excellent commuter links, the property in brief comprises: 3 bedrooms, 2 reception rooms, large fitted kitchen, conservatory, family bathroom and enclosed rear garden with decking. OFFERED FOR SALE WITH NO ONWARD CHAIN.

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

Agent Details

Wheatcroft & Lloyd, Sandbach

01270 433925

Next Steps?

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