3 Bed Terraced House, Refurb/BRRR, Crewe, CW1 4DR, £150,000

Sycamore Avenue, Crewe, Cheshire, CW1 4DR - 5 views - a month ago

Sold STC
Refurb/BRRR
ROI: 9%
~93 m²
+14 photos

ValuationOvervalued

Sold Prices£70K - £260K
Sold Prices/m²£833/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£140,937

 

 

End Value (After Refurb)

£156,649

Uplift in Value

+4%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£5,700

Refurb Costs

£39,184

Bridging Loan Interest

£3,938

Total Cash In

£88,072

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£156,649

Mortgage (After Refinance)

£117,487

Mortgage LTV

75%

Cash Released

£4,987

Cash Left In

£83,085

Equity

£39,162

Rent Range

£795 - £3,000

Rent Estimate

£1,447

Running Costs/mo

£799

Cashflow/mo

£648

Cashflow/yr

£7,777

ROI

9%

Gross Yield

12%

Local Sold Prices

50 sold prices from £70K to £260K, average is £132K. £833/m² to £3.2K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£120K03/210.01 mi14, Sycamore Avenue, Crewe, Cheshire CW1 4DR3
£134K12/200.01 mi79, Sycamore Avenue, Crewe, Cheshire East CW1 4DR3
£167K03/230.01 mi34, Sycamore Avenue, Crewe, Cheshire East CW1 4DR3
£115K11/200.02 mi20, Ash Road, Crewe, Cheshire CW1 4DU3
£158K12/220.06 mi48, Cherry Tree Road, Crewe, Cheshire East CW1 4DX3
£148K01/210.08 mi112, Middlewich Street, Crewe, Cheshire CW1 4DL3
£107.5K02/210.1 mi8, Lime Tree Avenue, Crewe, Cheshire East CW1 4HW3
£93K05/210.12 mi37, Lime Tree Avenue, Crewe, Cheshire East CW1 4HN3
£96K01/210.12 mi55, Prunus Road, Crewe, Cheshire CW1 4HD3
£167K11/200.12 mi7, Woodland Gardens, Crewe, Cheshire East CW1 4JS3
£175K05/210.12 mi11, Woodland Gardens, Crewe, Cheshire CW1 4JS3
£157K05/210.13 mi179, Middlewich Street, Crewe, Cheshire CW1 4DH3
£240K01/230.14 mi207, Middlewich Street, Crewe, Cheshire East CW1 4DN3
£153K02/230.14 mi17, Stamp Avenue, Crewe, Cheshire East CW1 4JP3
£105.5K08/210.14 mi2, Maple Grove, Crewe, Cheshire East CW1 4DY3
£120K12/200.15 mi6, Hawthorn Grove, Crewe, Cheshire East CW1 4HR3
£117K03/210.15 mi268, Middlewich Street, Crewe, Cheshire East CW1 4DP3
£192K04/230.15 mi254, Middlewich Street, Crewe, Cheshire East CW1 4DP3
£180K02/230.15 mi256, Middlewich Street, Crewe, Cheshire East CW1 4DP3
£126K12/200.17 mi61, Remer Street, Coppenhall, Crewe, Cheshire CW1 4LU3
£160K11/200.19 mi68, Greenway, Crewe, Cheshire CW1 4JN3
£190K06/230.19 mi25, Greenway, Crewe, Cheshire East CW1 4JN3
£160K01/210.19 mi38, Greenway, Crewe, Cheshire CW1 4JN3
£109K05/230.2 mi28, Plane Tree Drive, Crewe, Cheshire East CW1 4ER3
£127.5K11/200.2 mi20, Plane Tree Drive, Crewe, Cheshire East CW1 4ER3
£70K02/210.2 mi28, Plane Tree Drive, Crewe, Cheshire East CW1 4ER3
£117K12/200.21 mi19, Sorbus Drive, Crewe, Cheshire East CW1 4EU3
£130K01/210.23 mi79, Sorbus Drive, Crewe, Cheshire CW1 4EX3
£85K02/210.24 mi50, Charlesworth Street, Crewe, Cheshire East CW1 4DE3
£155K06/210.24 mi117, Remer Street, Coppenhall, Crewe, Cheshire CW1 4LZ3
£138K11/210.24 mi125, Remer Street, Coppenhall, Crewe, Cheshire East CW1 4LZ3
£150K06/230.26 mi25, Acacia Crescent, Crewe, Cheshire East CW1 4EZ3
£145K04/230.26 mi4, Crabtree Grove, Crewe, Cheshire East CW1 4HA3
£180K04/210.27 mi199, Broad Street, Crewe, Cheshire East CW1 4JJ3
£170K07/230.28 mi21, Plane Tree Drive, Crewe, Cheshire East CW1 4ET3
£118K11/220.29 mi9, Mellor Street, Crewe, Cheshire East CW1 4DB3
£124K04/210.31 mi90, Plane Tree Drive, Crewe, Cheshire East CW1 4ES3
£96K11/200.31 mi5, Waine Street, Crewe, Cheshire East CW1 4DD3
£85K01/210.31 mi8, Waine Street, Crewe, Cheshire East CW1 4DD3
£231K01/230.32 mi2, Churchmere Drive, Crewe, Cheshire East CW1 4SN3
£140K01/210.32 mi2, Churchmere Drive, Crewe, Cheshire East CW1 4SN3
£105K11/220.33 mi38, Singleton Avenue, Crewe, Cheshire East CW1 3TY3
£95K03/210.33 mi40, Ridgway Street, Crewe, Cheshire CW1 4BY3
£140K11/200.35 mi181, Lime Tree Avenue, Crewe, Cheshire East CW1 4HY3
£102.5K06/210.35 mi130, Lime Tree Avenue, Crewe, Cheshire East CW1 4HY3
£126K10/210.36 mi65, Audley Street, Crewe, Cheshire CW1 4BT3
£118K12/200.36 mi8, Stoneley Road, Crewe, Cheshire CW1 4NG3
£90K02/230.37 mi67, North Street, Crewe, Cheshire East CW1 4NJ3
£176.5K08/210.38 mi125, Broad Street, Crewe, Cheshire CW1 3UD3
£260K08/230.38 mi15, William Morrey Close, Crewe, Cheshire East CW1 4ST3

Local Rents

21 rents from £795/mo to £3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£95007/240.23 mi-3
£2,50012/240.32 mi-3
£2,50012/240.32 mi-3
£2,50012/240.32 mi-3
£1,20012/240.37 mi-3
£1,20001/250.37 mi-3
£1,20012/240.37 miNewfield Drive, Crewe, CW13
£3,00012/240.37 mi-3
£3,00012/240.37 mi-3
£1,25003/250.4 mi-3
£79512/240.44 mi-3
£89512/240.47 mi-3
£79512/240.51 mi-3
£90012/240.52 miRichmond Road, Crewe3
£99512/240.53 mi-3
£99511/240.53 mi-3
£82512/240.56 miWallis Street, CW13
£1,20012/240.57 mi-3
£1,20002/250.57 mi-3
£81503/250.58 mi-3
£85012/240.62 mi-3

Local Area Statistics

Population in CW1

42,160

Population in Crewe

101,534

Town centre distance

0.86 miles away

Nearest school

0.30 miles away

Nearest train station

1.34 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £150,000

February 18, 2025

Floor Plans

Description

  • Three Double Bedrooms +
  • Driveway Off Road Parking +
  • Large Garden With Outer Buildings +
  • Two Reception Rooms +
  • No Chains +
  • Situated Close to Leighton Hospital & Bentley Motors +

Whitegates in Crewe are pleased to market this impressive three-bedroom mid-terrace home, complete with driveway parking and an expansive garden featuring useful outbuildings. The property boasts two spacious reception rooms, creating an ideal environment for family living. With three generously sized double bedrooms, you also have the option to easily create a fourth bedroom if desired. Perfectly situated near Leighton Hospital and Bentley Motors, this home is just a short stroll away from schools and shops, offering the ultimate convenience. Best of all, it’s chain-free! Don’t miss out on this fantastic opportunity! Contact Whitegates in Crewe for more information.

Externally, the home boasts a large mature garden, perfect for outdoor activities, relaxation, or gardening enthusiasts out buildings included.

The home is in good condition but would benefit from some modernisation, offering a fantastic opportunity to put your personal stamp on it and create your ideal living space.

Sycamore Avenue benefits from excellent transport links, with Crewe train station just 2 miles away, offering connections to major cities

The M6 motorway is also a few miles away, providing easy access to Greater Manchester, Staffordshire, West Midlands, and Telford, making it ideal for commuters.

Tenure - Freehold
EPC - tbc
Council Tax Band - A

Agent Details

Whitegates, Crewe

01270 433736

Next Steps?

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