3 Bed Semi-Detached House, Refurb/BRRR, Crewe, CW2 8QZ, £165,000

Wistaston Green Road, Wistaston, Crewe, Cheshire, CW2 8QZ - 1 views - 2 months ago

Sold STC
Refurb/BRRR
Planning
ROI: 3%
~93 m²
+10 photos

ValuationFair Value

Sold Prices£86K - £270K
Sold Prices/m²£1.1K/m² - £4.6K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£165,000

 

 

End Value (After Refurb)

£207,700

Uplift in Value

+26%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£6,150

Refurb Costs

£39,324

Bridging Loan Interest

£4,331

Total Cash In

£92,805

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£207,700

Mortgage (After Refinance)

£155,775

Mortgage LTV

75%

Cash Released

£32,025

Cash Left In

£60,780

Equity

£51,925

Rent Range

£795 - £2,900

Rent Estimate

£1,125

Running Costs/mo

£894

Cashflow/mo

£231

Cashflow/yr

£2,771

ROI

3%

Gross Yield

8%

Local Sold Prices

50 sold prices from £86K to £270K, average is £168.5K. £1.1K/m² to £4.6K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£138K05/240 mi106, Wistaston Green Road, Wistaston, Crewe, Cheshire East CW2 8QZ3
£165.5K02/230.02 mi134, Wistaston Green Road, Wistaston, Crewe, Cheshire East CW2 8QZ3
£137.5K03/210.06 mi44, Handforth Road, Crewe, Cheshire CW2 8PN3
£143K08/210.06 mi40, Handforth Road, Crewe, Cheshire East CW2 8PN3
£137.7K06/210.06 mi48, Handforth Road, Crewe, Cheshire East CW2 8PN3
£146.5K03/240.06 mi40, Handforth Road, Crewe, Cheshire East CW2 8PN3
£185K10/210.07 mi1, Marple Crescent, Crewe, Cheshire East CW2 8PP3
£135K12/210.08 mi11, Larch Road, Wistaston, Crewe, Cheshire East CW2 8UN3
£148K02/210.09 mi63, Capesthorne Road, Crewe, Cheshire CW2 8PU3
£170K11/230.09 mi73, Capesthorne Road, Crewe, Cheshire East CW2 8PU3
£200K09/230.11 mi26, Tabley Road, Crewe, Cheshire East CW2 8PW3
£140.5K11/230.11 mi28, Handforth Road, Crewe, Cheshire East CW2 8PL3
£160K03/210.12 mi53, Field Lane, Wistaston, Crewe, Cheshire CW2 8ST3
£210K05/230.12 mi63, Field Lane, Wistaston, Crewe, Cheshire East CW2 8ST3
£191K12/220.13 mi133, Field Lane, Wistaston, Crewe, Cheshire East CW2 8ST3
£197K03/230.13 mi73, Tatton Road, Crewe, Cheshire East CW2 8PX3
£163K02/210.14 mi18, Windermere Road, Wistaston, Crewe, Cheshire CW2 8RJ3
£150K03/210.15 mi2, Fairbrook, Wistaston, Crewe, Cheshire CW2 8SF3
£158.5K02/240.15 mi29, Ravenscroft Road, Crewe, Cheshire East CW2 8PQ3
£147.5K11/230.16 mi8, Ravenscroft Road, Crewe, Cheshire East CW2 8PG3
£254K11/220.17 mi6, Field Lane, Wistaston, Crewe, Cheshire East CW2 8SS3
£160K04/230.19 mi26, Bowness Road, Wistaston, Crewe, Cheshire East CW2 8RN3
£180K12/220.2 mi2, Tatton Road, Crewe, Cheshire East CW2 8QA3
£119K05/210.22 mi16, Beech Drive, Wistaston, Crewe, Cheshire East CW2 8RE3
£193K07/230.24 mi11, Langdale Road, Wistaston, Crewe, Cheshire East CW2 8RS3
£176K03/210.24 mi54, Langdale Road, Wistaston, Crewe, Cheshire CW2 8RS3
£170K03/210.24 mi1, Langdale Road, Wistaston, Crewe, Cheshire East CW2 8RS3
£200K05/230.24 mi15, Langdale Road, Wistaston, Crewe, Cheshire East CW2 8RS3
£160K11/210.25 mi13, Adlington Road, Crewe, Cheshire CW2 8PD3
£133K11/220.28 mi10, Sweet Briar Crescent, Crewe, Cheshire East CW2 8PE3
£120K11/210.29 mi38, Sweet Briar Crescent, Crewe, Cheshire CW2 8PE3
£86K12/200.29 mi10, Sweet Briar Crescent, Crewe, Cheshire East CW2 8PE3
£243K06/210.3 mi36, Glendale Close, Wistaston, Crewe, Cheshire CW2 8QE3
£225K08/210.3 mi13, Glendale Close, Wistaston, Crewe, Cheshire East CW2 8QE3
£270K08/230.34 mi4, Patterdale Close, Wistaston, Crewe, Cheshire East CW2 8NX3
£210K12/230.34 mi17, Gawsworth Avenue, Crewe, Cheshire East CW2 8PB3
£205K01/230.38 mi6, Wistaston Green Road, Wistaston, Crewe, Cheshire East CW2 8QH3
£235K09/230.38 mi18, Wistaston Avenue, Wistaston, Crewe, Cheshire East CW2 8QR3
£163K11/200.38 mi15, Wistaston Avenue, Wistaston, Crewe, Cheshire East CW2 8QR3
£204.3K04/240.39 mi9, Valley Road, Wistaston, Crewe, Cheshire East CW2 8JZ3
£185K03/230.43 mi78, Valley Road, Wistaston, Crewe, Cheshire East CW2 8JY3
£167K01/210.43 mi22, Sharnbrook Drive, Woolstanwood, Crewe, Cheshire East CW2 8TZ3
£181.5K01/230.44 mi28, Sharnbrook Drive, Woolstanwood, Crewe, Cheshire East CW2 8TZ3
£145K05/210.45 mi35, Hargrave Avenue, Crewe, Cheshire East CW2 8NW3
£161K12/230.45 mi38, Aldersey Road, Crewe, Cheshire East CW2 8NR3
£165K08/210.45 mi32, Woodside Avenue, Wistaston, Crewe, Cheshire CW2 8AN3
£196K07/230.45 mi8, Woodside Avenue, Wistaston, Crewe, Cheshire East CW2 8AN3
£248K10/210.45 mi6, Sundale Drive, Woolstanwood, Crewe, Cheshire East CW2 8UB3
£177K02/210.45 mi1, Sundale Drive, Woolstanwood, Crewe, Cheshire CW2 8UB3
£225K08/210.45 mi11, Snowdon Drive, Woolstanwood, Crewe, Cheshire East CW2 8UG3

Local Rents

48 rents from £795/mo to £2.9K/mo, average is £998/mo.

RentDateDistanceAddressBeds 
£82512/240.14 miTatton Road, Crewe3
£1,10003/250.29 mi-3
£1,10002/250.39 mi-3
£90012/240.48 miOakwood Cresent, Crewe3
£1,20012/240.5 miCrewe, CW23
£89512/240.53 miFlixton Drive, Crewe3
£87512/240.59 mi-3
£79512/240.65 miAlton Street, Crewe3
£87512/240.73 miRockwood Close, Crewe, Cheshire, CW2 8LW3
£1,05001/250.76 mi-3
£1,19501/250.8 mi-3
£1,19501/250.8 mi-3
£1,05012/240.8 miRichard Darroch Way, Cheshire3
£1,15012/240.8 miArmitage Close, Wistaston, Crewe, CW2 8FZ3
£1,20012/240.81 miArmitage Close, Wistaston, Crewe, CW2 8FZ3
£1,07512/240.82 miCoppenhall Place, Crewe, CW13
£1,02512/240.83 miCoppenhall Place, Crewe, CW13
£1,02512/240.83 miCoppenhall Place, Crewe, CW13
£90012/240.83 miLear Drive, Wistaston, CW23
£1,05012/240.84 miCoppenhall Place, Crewe, CW13
£1,02512/240.86 miCoppenhall Place, Cheshire, CW13
£1,10012/240.86 miRichard Darroch Way, Crewe3
£1,02512/240.86 miCoppenhall Place, Crewe, CW13
£1,15012/240.86 mi-3
£1,20003/250.87 mi-3
£2,50012/240.93 mi-3
£2,50001/250.93 mi-3
£80012/240.93 mi-3
£90003/250.95 mi-3
£99512/230.96 mi-3
£90002/250.97 mi-3
£95012/241.02 miMonks Lane, Crewe3
£1,00012/241.02 mi-3
£85003/251.04 mi-3
£80012/241.05 miMinshull New Road, Crewe3
£99512/241.06 miRope Lane, Wistaston, Crewe, Cheshire, CW23
£2,40012/241.08 mi-3
£89503/251.08 mi-3
£90012/241.09 mi-3
£82512/241.11 miGainsborough Road, Crewe3
£95012/241.15 mi-3
£89512/241.16 miBadger Avenue, Crewe, CW13
£97512/241.17 miSalisbury Close, Crewe, Cheshire, CW2 6JN3
£1,15011/241.18 mi-3
£85012/241.2 mi-3
£79512/241.21 miWistaston Road, Crewe3
£87512/241.21 mi-3
£2,90012/241.22 mi-3

Local Area Statistics

Population in CW2

40,752

Population in Crewe

101,534

Town centre distance

1.60 miles away

Nearest school

0.40 miles away

Nearest train station

1.76 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £165,000

February 11, 2025

Floor Plans

Description

Situated in the sought-after area of Wistaston, Crewe, this three bedroom semi-detached property offers a fantastic opportunity for those looking to put their own stamp on a home. In need of some updating, the property provides plenty of potential for modernisation, with spacious rooms and a well-sized plot.

The entrance hallway leads to a generous living room, where there is ample space for both relaxing and dining. The large windows allow natural light to flood the room, providing a bright and airy space for family gatherings or quiet evenings in.

The kitchen, with its built-in larder, offers a practical space for meal preparation. Though in need of updating, the layout provides a great foundation for creating a modern, open-plan kitchen. A downstairs WC adds convenience, particularly for guests or family members.

Upstairs, the property features a master bedroom with plenty of space for wardrobes and additional furniture. The second bedroom is also a good size, ideal for a child’s room, study, or guest bedroom. The third bedroom, while smaller, is a versatile space that could easily function as a home office or nursery.

The family shower room completes the first floor, offering a functional space to refresh and unwind.

Externally, the large gravelled garden is a real highlight, offering a blank canvas for landscaping, outdoor entertaining, or even extending (subject to planning permissions). The property also benefits from rear access to the garage and parking spaces, providing convenience and extra storage.

Wistaston is a popular residential area known for its peaceful surroundings, excellent local amenities, and proximity to Crewe town centre. With easy access to transport links, including Crewe railway station, this location is ideal for commuters and families alike.

This three-bedroom semi-detached property presents a wonderful opportunity to create a bespoke home in a desirable location. With spacious rooms, a large garden, and plenty of potential for improvement, it’s perfect for those looking to invest in a property they can transform into their ideal living space.

For more information or to arrange a viewing, please contact us today. Don’t miss out on this fantastic opportunity!

Agent Details

Bridgfords, Crewe

01270 433108

Next Steps?

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