2 Bed Semi-Detached House, Refurb/BRRR, Crewe, CW1 3RY, £135,000

211D Kestrel Drive, Crewe, CW1 3RY - 1 views - 2 months ago

Refurb/BRRR
ROI: 2%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£72K - £190K
Sold Prices/m²£878/m² - £3.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2K/m²

Value Estimate

£141,695
BMV1%

 

 

End Value (After Refurb)

£149,366

Uplift in Value

+7%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£5,400

Refurb Costs

£28,697

Bridging Loan Interest

£3,544

Total Cash In

£73,141

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£149,366

Mortgage (After Refinance)

£112,025

Mortgage LTV

75%

Cash Released

£10,775

Cash Left In

£62,367

Equity

£37,342

Rent Range

£695 - £1,150

Rent Estimate

£789

Running Costs/mo

£645

Cashflow/mo

£144

Cashflow/yr

£1,733

ROI

2%

Gross Yield

7%

Local Sold Prices

50 sold prices from £72K to £190K, average is £141.5K. £878/m² to £3.4K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£160K10/210.05 mi10, Kestrel Drive, Crewe, Cheshire CW1 3RY2
£117.5K04/210.11 mi120, Bradfield Road, Coppenhall, Crewe, Cheshire CW1 3RD2
£160K01/230.11 mi117, Kestrel Drive, Crewe, Cheshire East CW1 3YX2
£125K06/210.12 mi123, Kestrel Drive, Crewe, Cheshire CW1 3YX2
£98K11/200.13 mi18, Mossford Avenue, Coppenhall, Crewe, Cheshire East CW1 3RT2
£142K03/230.13 mi11, Mossford Avenue, Coppenhall, Crewe, Cheshire East CW1 3RT2
£100K12/200.15 mi1, Cliffe Road, Coppenhall, Crewe, Cheshire CW1 3RE2
£153K11/210.16 mi12, Seaton Close, Crewe, Cheshire CW1 3XH2
£110.8K01/210.16 mi225, Bradfield Road, Coppenhall, Crewe, Cheshire East CW1 3RH2
£142.5K07/210.21 mi23, Pear Tree Avenue, Coppenhall, Crewe, Cheshire CW1 3SH2
£160K06/230.21 mi40, Cromer Drive, Crewe, Cheshire East CW1 3XQ2
£102K07/210.23 mi458, Underwood Lane, Crewe, Cheshire CW1 3SG2
£180K12/220.23 mi15, Selsey Close, Crewe, Cheshire East CW1 3XL2
£160K09/210.24 mi29, Selsey Close, Crewe, Cheshire CW1 3XL2
£140K11/210.24 mi31, Selsey Close, Crewe, Cheshire CW1 3XL2
£141K10/200.24 mi4, Selsey Close, Crewe, Cheshire East CW1 3XL2
£149.9K06/210.24 mi42, Sheringham Drive, Crewe, Cheshire East CW1 3XJ2
£122.3K10/210.24 mi41, Sheringham Drive, Crewe, Cheshire CW1 3XJ2
£116.5K12/200.24 mi59, Sheringham Drive, Crewe, Cheshire East CW1 3XJ2
£149.5K04/230.24 mi8, Sheringham Drive, Crewe, Cheshire East CW1 3XJ2
£156K02/230.25 mi18, Wareham Drive, Crewe, Cheshire East CW1 3XA2
£160.5K12/220.25 mi8, Conway Close, Crewe, Cheshire East CW1 3XN2
£155K01/230.27 mi2, Pear Tree Avenue, Crewe, Cheshire East CW1 3SH2
£177K09/210.28 mi103, Mclaren Street, Coppenhall, Crewe, Cheshire East CW1 3SP2
£165K08/210.28 mi119, Mclaren Street, Coppenhall, Crewe, Cheshire CW1 3SP2
£165K07/230.28 mi110, Mclaren Street, Coppenhall, Crewe, Cheshire East CW1 3SP2
£133K11/200.29 mi22, Padstow Close, Crewe, Cheshire CW1 3XW2
£135K06/210.3 mi3, Windsor Avenue, Crewe, Cheshire East CW1 3QT2
£117K05/230.3 mi25, Lingfield Drive, Crewe, Cheshire East CW1 3TD2
£125K02/230.31 mi8, Sandiway Road, Crewe, Cheshire East CW1 3QR2
£148K03/210.32 mi56, Becconsall Drive, Crewe, Cheshire CW1 4RU2
£135K02/210.32 mi11, Parkstone Drive, Crewe, Cheshire CW1 3XP2
£170K08/230.36 mi11, Abington Close, Crewe, Cheshire East CW1 3TL2
£128K05/230.36 mi13, Holbury Close, Crewe, Cheshire East CW1 3XU2
£114K04/210.36 mi16, Holbury Close, Crewe, Cheshire CW1 3XU2
£140.5K02/230.36 mi3, Holbury Close, Crewe, Cheshire East CW1 3XU2
£155.5K08/210.37 mi3, Hayling Close, Crewe, Cheshire CW1 3XY2
£190K08/210.37 mi20, Kempton Avenue, Coppenhall, Crewe, Cheshire CW1 3TB2
£170K03/230.39 mi17, Westbourne Avenue, Crewe, Cheshire East CW1 3QP2
£150K04/230.39 mi29, Westbourne Avenue, Crewe, Cheshire East CW1 3QP2
£154.5K01/210.45 mi9, Wakefield Close, Crewe, Cheshire CW1 3QW2
£145K04/210.46 mi31, Mclaren Street, Coppenhall, Crewe, Cheshire CW1 3SS2
£149K05/230.46 mi53, Ellis Street, Crewe, Cheshire East CW1 3TW2
£130K02/210.46 mi73, Lambourn Drive, Leighton, Crewe, Cheshire CW1 4TL2
£72K11/200.48 mi56, Holland Street, Crewe, Cheshire East CW1 3TT2
£140K04/230.49 mi4, Tomkinson Close, Crewe, Cheshire East CW1 3QU2
£140K11/220.5 mi123, Broughton Road, Crewe, Cheshire East CW1 4NP2
£120K07/230.51 mi125, Broughton Road, Crewe, Cheshire East CW1 4NP2
£112.5K10/210.51 mi43, Timbrell Avenue, Crewe, Cheshire East CW1 3LU2
£102.5K03/230.51 mi15, Timbrell Avenue, Crewe, Cheshire East CW1 3LU2

Local Rents

14 rents from £695/mo to £1.1K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£79506/240.11 mi-2
£77512/240.12 miKestrel Drive, Crewe2
£1,15003/250.25 mi-2
£75006/240.28 mi-2
£78504/250.28 mi-2
£69512/240.39 miCrewe, Cheshire, CW12
£82502/250.39 mi-2
£80012/240.55 mi-2
£70012/240.55 miCrewe, Cheshire, CW12
£95012/240.56 mi-2
£77512/240.58 miBadger Avenue, CW12
£79512/240.6 mi-2
£79512/240.6 mi-2
£85011/230.62 mi-2

Local Area Statistics

Population in CW1

42,160

Population in Crewe

101,534

Town centre distance

1.42 miles away

Nearest school

0.30 miles away

Nearest train station

1.93 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 £135,000

March 20, 2025

Listed for £140,000

February 11, 2025

Floor Plans

Description

  • Well Positioned Close To Amenities +
  • Potential To Add Value +
  • Chain Free +
  • Two Double Bedrooms +
  • Low Maintenance Rear Garden +
  • Corner Plot +
  • Viewing Highly Recommended +

Stephenson Browne are pleased to offer for sale this two bedroom semi-detached property on Kestrel Drive. In need of renovation, this is a fantastic opportunity to add value to an all ready spacious property.

It features a large reception room, benefitting from French doors leading to the rear garden, flooding the space with natural light. Downstairs you will also find a fitted kitchen with plenty of cupboard space. To the first floor, there are two double bedrooms and a family bathroom.

The rear garden space is private and requires little maintenance allowing you to enjoy it during the summer months.

Call us today for more information.

Hallway -

Living Room - 3.7m x 4.7m (12'1" x 15'5") -

Kitchen - 2.9m x 2.1m (9'6" x 6'10") -

Stairs To First Floor -

Bedroom - 3.6m x 2.2m (11'9" x 7'2") -

Bedroom - 3.7m x 2.6m (12'1" x 8'6") -

Bathroom - 1.7m x 1.9m (5'6" x 6'2") -

Externally - Low maintenance rear garden.

Council Tax - Band B

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.

Agent Details

Stephenson Browne Ltd, Crewe

01270 433841

Next Steps?

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