3 Bed Semi-Detached House, Refurb/BRRR, Crewe, CW2 7HZ, £103,500

Lawton Street, Crewe, Cheshire, CW2 7HZ - 7 views - a month ago

Auction
Refurb/BRRR
ROI: 8%
~93 m²
+6 photos

ValuationUndervalued

Sold Prices£80K - £220K
Sold Prices/m²£839/m² - £2.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£106,605
BMV3%

 

 

End Value (After Refurb)

£129,111

Uplift in Value

+25%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£25,875

Stamp Duty & Legal Fees

£4,305

Refurb Costs

£39,324

Bridging Loan Interest

£2,717

Total Cash In

£73,971

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£129,111

Mortgage (After Refinance)

£96,833

Mortgage LTV

75%

Cash Released

£19,208

Cash Left In

£54,763

Equity

£32,278

Rent Range

£695 - £2,900

Rent Estimate

£1,140

Running Costs/mo

£651

Cashflow/mo

£489

Cashflow/yr

£5,862

ROI

8%

Gross Yield

13%

Local Sold Prices

50 sold prices from £80K to £220K, average is £123.8K. £839/m² to £2.2K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£109K08/230.04 mi25, Lawton Street, Crewe, Cheshire East CW2 7HZ3
£150K03/230.08 mi61, Derrington Avenue, Crewe, Cheshire East CW2 7JB3
£122.5K05/210.08 mi12, Derrington Avenue, Crewe, Cheshire CW2 7JB3
£110K07/230.08 mi21, Electricity Street, Crewe, Cheshire East CW2 7EW3
£90K05/230.08 mi29, Lord Street, Crewe, Cheshire East CW2 7DH3
£135K07/230.09 mi127, Derrington Avenue, Crewe, Cheshire East CW2 7JA3
£115K09/230.11 mi1, Stalbridge Road, Crewe, Cheshire East CW2 7LR3
£120K03/210.14 mi72, Westminster Street, Crewe, Cheshire CW2 7LF3
£95K02/210.14 mi143, Westminster Street, Crewe, Cheshire CW2 7LF3
£137.5K02/230.14 mi54, Westminster Street, Crewe, Cheshire East CW2 7LF3
£130K07/230.15 mi92, Lord Street, Crewe, Cheshire East CW2 7DL3
£120K05/230.15 mi69, Lord Street, Crewe, Cheshire East CW2 7DL3
£150K04/230.17 mi1, Nelson Street, Crewe, Cheshire East CW2 7LN3
£114.5K05/230.17 mi33, Nelson Street, Crewe, Cheshire East CW2 7LN3
£120K01/230.18 mi242, Walthall Street, Crewe, Cheshire East CW2 7LD3
£160K08/230.19 mi214, Ruskin Road, Crewe, Cheshire East CW2 7JY3
£87.5K02/210.19 mi214, Ruskin Road, Crewe, Cheshire CW2 7JY3
£115K05/210.19 mi49, Alton Street, Crewe, Cheshire East CW2 7QG3
£147K06/230.19 mi49, Alton Street, Crewe, Cheshire East CW2 7QG3
£120K08/230.2 mi191, Ruskin Road, Crewe, Cheshire East CW2 7JX3
£105.5K04/210.2 mi204, Ruskin Road, Crewe, Cheshire CW2 7JX3
£130K12/210.2 mi164, Ruskin Road, Crewe, Cheshire CW2 7JX3
£120K10/200.2 mi202, Ruskin Road, Crewe, Cheshire CW2 7JX3
£165K12/220.2 mi148, Ruskin Road, Crewe, Cheshire East CW2 7JX3
£120K01/240.2 mi34, Westminster Street, Crewe, Cheshire East CW2 7LG3
£143K02/230.2 mi100, Brooklyn Street, Crewe, Cheshire East CW2 7JE3
£120K10/230.21 mi246, Walthall Street, Crewe, Cheshire East CW2 7LD3
£118K03/230.21 mi26, Nile Street, Crewe, Cheshire East CW2 7LL3
£140K06/210.23 mi73, Alton Street, Crewe, Cheshire CW2 7QF3
£115K10/200.23 mi48, Alton Street, Crewe, Cheshire CW2 7QF3
£120K08/230.24 mi40, Brooklyn Street, Crewe, Cheshire East CW2 7JF3
£122K03/230.26 mi32, Nelson Street, Crewe, Cheshire East CW2 7LJ3
£115K04/210.26 mi18, Nelson Street, Crewe, Cheshire CW2 7LJ3
£138K11/230.27 mi76, Ruskin Road, Crewe, Cheshire East CW2 7JS3
£155K12/230.27 mi70, Ruskin Road, Crewe, Cheshire East CW2 7JS3
£167.7K06/230.27 mi14, Gainsborough Road, Crewe, Cheshire East CW2 7PH3
£137.5K10/200.27 mi25, Gainsborough Road, Crewe, Cheshire East CW2 7PH3
£154K08/210.27 mi6, Stamford Avenue, Crewe, Cheshire CW2 7QD3
£164K05/210.27 mi36, Stamford Avenue, Crewe, Cheshire East CW2 7QD3
£80K03/210.3 mi138, Flag Lane, Crewe, Cheshire CW2 7QX3
£135K11/220.3 mi97, Alton Street, Crewe, Cheshire East CW2 7QF3
£150K01/230.31 mi9, Clifton Avenue, Crewe, Cheshire East CW2 7PZ3
£135K01/230.32 mi8, Clifton Avenue, Crewe, Cheshire East CW2 7PZ3
£125K04/210.33 mi20, Clifton Avenue, Crewe, Cheshire East CW2 7PZ3
£120K03/210.34 mi138, Alton Street, Crewe, Cheshire CW2 7PY3
£128K12/200.34 mi110, Alton Street, Crewe, Cheshire East CW2 7PY3
£90K02/210.35 mi3, Edward Street, Crewe, Cheshire East CW2 6HQ3
£150.4K12/200.36 mi72, Franklyn Avenue, Crewe, Cheshire East CW2 7NE3
£220K08/230.36 mi56, Franklyn Avenue, Crewe, Cheshire East CW2 7NE3
£152K08/230.38 mi46, Ruskin Road, Crewe, Cheshire East CW2 7JR3

Local Rents

44 rents from £695/mo to £2.9K/mo, average is £938/mo.

RentDateDistanceAddressBeds 
£80012/240.04 miLawton Street, Crewe, CW23
£2,75002/250.07 mi-3
£2,20012/240.09 mi-3
£2,20012/240.09 mi-3
£2,20001/250.09 mi-3
£85012/230.15 mi-3
£85012/240.19 mi-3
£2,90012/240.21 mi-3
£95012/240.22 mi-3
£79512/240.26 miWistaston Road, Crewe3
£82512/240.27 miGainsborough Road, Crewe3
£69512/240.29 miHope Street, Crewe, Cheshire3
£1,00012/240.35 mi-3
£95003/250.39 mi-3
£97512/240.39 mi-3
£96012/240.4 mi-3
£85012/240.43 miErnest St, Crewe3
£85012/240.43 miErnest Street, Crewe3
£1,00002/250.43 mi-3
£85003/250.43 mi-3
£90003/250.45 mi-3
£99512/230.46 mi-3
£85003/250.48 mi-3
£90012/240.51 mi-3
£92512/240.51 miSt. Andrew's Court, Crewe3
£87512/240.52 mi-3
£85012/240.52 miCrewe, CW13
£1,20002/250.55 mi-3
£1,20003/250.55 mi-3
£1,20002/250.55 mi-3
£85012/230.55 mi-3
£82512/240.56 miWallis Street, CW13
£1,19511/240.57 mi-3
£1,19512/240.57 mi-3
£99512/240.57 mi-3
£1,19501/250.58 mi-3
£1,19501/250.58 mi-3
£1,15011/240.61 mi-3
£90001/250.61 mi-3
£97512/240.61 miSalisbury Close, Crewe, Cheshire, CW2 6JN3
£85012/240.61 mi-3
£87502/250.62 mi-3
£87502/250.62 mi-3
£81503/250.62 mi-3

Local Area Statistics

Population in CW2

40,752

Population in Crewe

101,534

Town centre distance

0.29 miles away

Nearest school

0.30 miles away

Nearest train station

0.46 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £103,500

February 17, 2025

Floor Plans

Description

  • MODERN METHOD OF AUCTION +
  • End of terrace house +
  • Three well-proportioned bedrooms +
  • Two reception rooms +
  • Vacant and chain-free +
  • Renovation opportunity +
  • Well-connected location +
  • Local amenities nearby +
  • Ideal for first-time buyers or Investors +

The property boasts a generous layout, encompassing two reception rooms which provide ample space for family gatherings, entertaining, or simply unwinding after a long day plus a spacious breakfast kitchen. And to the first floor there are three well-proportioned bedrooms, and a single bathroom. These areas offer a lot of potential and can be designed to suit your own personal taste and style. One of the unique features of this property is that it is vacant and chain-free, making the purchase process much smoother and quicker. This, coupled with the property's need for modernising, making it an excellent choice for first-time buyers looking to get their foot on the property ladder, savvy investors seeking a rewarding project, or families wanting to create their dream home. Location-wise, the property is incredibly well-connected. Public transport links are easily accessible, ensuring commuting or travelling is hassle-free. For those with children, the presence of nearby schools is a significant advantage. Local amenities are also within easy reach, adding to the convenience and appeal of this property. CALL NOW TO BOOK YOUR VIEWING...

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

NOR250051/2

Agent Details

Reeds Rains, Northwich

01606 663934

Next Steps?

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