2 Bed Terraced House, Single Let, Crewe, CW1 2PA, £63,000

Newdigate Street, Crewe, CW1 2PA - 2 months ago

Auction
BTL
ROI: 14%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£62.5K - £143.5K
Sold Prices/m²£841/m² - £2.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£925/m²

Value Estimate

£75,600
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£15,750

Stamp Duty & Legal Fees

£3,090

Total Cash In

£18,840

 

 

Cash Out

 

Rent Range

£450 - £1,600

Rent Estimate

£550

Running Costs/mo

£327

Cashflow/mo

£223

Cashflow/yr

£2,678

ROI

14%

Gross Yield

10%

Local Sold Prices

50 sold prices from £62.5K to £143.5K, average is £100.5K. £841/m² to £2.3K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£82.5K10/200.09 mi98, Oakley Street, Crewe, Cheshire East CW1 2NL2
£85K10/200.1 mi24, Broad Street, Crewe, Cheshire East CW1 3DF2
£107K04/210.11 mi6, Broad Street, Crewe, Cheshire East CW1 3DF2
£110K11/220.17 mi88a, Victoria Street, Crewe, Cheshire East CW1 2JL2
£100K11/220.18 mi88, Victoria Street, Crewe, Cheshire East CW1 2JL2
£64K01/210.18 mi18, Browning Street, Crewe, Cheshire East CW1 3BB2
£105K03/230.24 mi20, Richard Moon Street, Crewe, Cheshire East CW1 3AX2
£87K01/210.25 mi22, Rigg Street, Crewe, Cheshire CW1 3EB2
£94K06/210.25 mi75, Badger Avenue, Crewe, Cheshire East CW1 3JQ2
£70K06/230.26 mi38, Flag Lane, Crewe, Cheshire East CW1 3BG2
£98K03/210.28 mi51, Bright Street, Crewe, Cheshire East CW1 3AQ2
£93.5K04/210.28 mi64, Richard Street, Crewe, Cheshire East CW1 3AG2
£100K08/230.28 mi52, Richard Street, Crewe, Cheshire East CW1 3AG2
£105K03/230.28 mi60, Richard Street, Crewe, Cheshire East CW1 3AG2
£62.5K12/200.28 mi60, Richard Street, Crewe, Cheshire East CW1 3AG2
£105K03/210.28 mi47, Richard Street, Crewe, Cheshire CW1 3AG2
£129.9K08/230.28 mi20, Ford Close, Crewe, Cheshire East CW1 3JL2
£90K07/230.29 mi7, Fletcher Street, Crewe, Cheshire East CW1 3EE2
£120K07/230.3 mi9, Betley Street, Crewe, Cheshire East CW1 2LE2
£110K06/210.32 mi45, Ford Lane, Crewe, Cheshire CW1 3EQ2
£100K04/230.33 mi6, Audley Street, Crewe, Cheshire East CW1 4BT2
£95K03/210.33 mi60, Middlewich Street, Crewe, Cheshire East CW1 4DA2
£70K01/210.34 mi83, Ramsbottom Street, Crewe, Cheshire CW1 3AN2
£110K12/210.35 mi66, Ridgway Street, Crewe, Cheshire CW1 4BY2
£102K12/200.35 mi36, Ridgway Street, Crewe, Cheshire East CW1 4BY2
£143.5K06/210.37 mi31a, Singleton Avenue, Crewe, Cheshire East CW1 3TY2
£117.5K01/230.38 mi175, Ford Lane, Crewe, Cheshire East CW1 3JH2
£132.5K09/210.39 mi3, Micklewright Avenue, Crewe, Cheshire CW1 4DF2
£105K01/210.39 mi23, Micklewright Avenue, Crewe, Cheshire CW1 4DF2
£132.5K01/210.39 mi24, Micklewright Avenue, Crewe, Cheshire East CW1 4DF2
£93K11/220.4 mi104, Flag Lane, Crewe, Cheshire East CW2 7QU2
£95.2K02/240.41 mi89, Flag Lane, Crewe, Cheshire East CW2 7QT2
£74K01/210.41 mi39, Wistaston Road, Crewe, Cheshire CW2 7RA2
£101K03/210.41 mi11, Charlesworth Street, Crewe, Cheshire CW1 4DE2
£107.5K01/210.41 mi13, Charlesworth Street, Crewe, Cheshire CW1 4DE2
£110K03/230.41 mi35, Cornwall Grove, Crewe, Cheshire East CW1 3BE2
£101K11/220.42 mi25, Wistaston Road, Crewe, Cheshire East CW2 7RA2
£90K04/230.43 mi16, Lewis Street, Crewe, Cheshire East CW2 7QR2
£70K12/220.43 mi1, Chell Street, Crewe, Cheshire East CW1 3ES2
£94K09/210.43 mi93, Wistaston Road, Crewe, Cheshire CW2 7RB2
£76K06/230.43 mi80, Wistaston Road, Crewe, Cheshire East CW2 7RE2
£75K11/200.43 mi160, Henry Street, Crewe, Cheshire CW1 4BQ2
£102K01/210.45 mi169, Badger Avenue, Crewe, Cheshire East CW1 3JN2
£105K06/230.45 mi159, Wistaston Road, Crewe, Cheshire East CW2 7RH2
£112K03/210.45 mi22, Greystone Park, Crewe, Cheshire CW1 2AL2
£112K03/210.45 mi22, Greystone Park, Crewe, Cheshire CW1 2AL2
£98.8K03/210.45 mi48, Greystone Park, Crewe, Cheshire CW1 2AL2
£111K12/220.45 mi29, Greystone Park, Crewe, Cheshire East CW1 2AL2
£120K12/220.45 mi130, Wistaston Road, Crewe, Cheshire East CW2 7RQ2
£80K11/210.47 mi14, Oxford Street, Crewe, Cheshire CW1 3HP2

Local Rents

50 rents from £450/mo to £1.6K/mo, average is £758/mo.

RentDateDistanceAddressBeds 
£85012/240.06 mi-2
£75004/250.06 mi-2
£87511/240.07 mi-2
£80003/250.12 mi-2
£70012/240.13 mi-2
£87512/240.15 mi-2
£69511/240.16 mi-2
£74512/240.16 mi-2
£85003/250.16 mi-2
£85003/250.17 mi-2
£45012/240.23 miDelemere2
£75012/240.25 miRigg Street, CW12
£77512/240.28 miBright St, Crewe2
£76512/240.28 mi-2
£76512/240.28 mi-2
£76512/240.28 mi-2
£77512/230.32 mi-2
£72502/240.35 mi-2
£71512/240.37 miMiddlewich Street, Crewe, CW12
£75003/250.39 mi-2
£75001/240.39 mi-2
£79501/250.39 mi-2
£95012/240.39 mi-2
£75012/240.39 mi-2
£75012/240.39 miFlag Lane, Crewe, CW22
£75012/240.4 mi-2
£95004/250.41 mi-2
£72511/240.41 mi-2
£69502/250.43 mi-2
£75012/240.43 miHenry Street, Crewe, CW12
£75012/240.45 miWistaston Road2
£77512/240.45 miWalthall Street, Crewe, CW22
£77512/240.45 miBadger Avenue, CW12
£80002/250.46 mi-2
£80003/250.46 mi-2
£75001/250.47 mi-2
£70003/250.47 mi-2
£75012/240.48 miApartment Block Partridge Close, Crewe , CW12
£77512/240.48 miPartridge Close, Crewe, CW12
£1,60003/250.49 mi-2
£80003/250.51 mi-2
£80004/250.51 mi-2
£67512/240.55 miAmbuscade Close, Crewe2
£55012/240.57 miBrook Street, Crewe2
£82502/250.57 mi-2
£80012/240.58 mi-2
£75003/250.59 mi-2
£82504/250.59 mi-2
£67512/240.61 mi-2
£67502/250.61 mi-2

Local Area Statistics

Population in CW1

42,160

Population in Crewe

101,534

Town centre distance

0.49 miles away

Nearest school

0.10 miles away

Nearest train station

0.98 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £63,000

February 20, 2025

Description

  • No Onward Chain +
  • Selling With Tenants In Situ +
  • Private Garden +
  • Great Location +
  • Great Investment Opportunity +
  • Close To Local Amenities +

We also offer remote bidding via internet, telephone or proxy. Please contact the auction team on for further information.

Common Auction Conditions
This property is sold subject to our Common Auction Conditions (a copy is available on request)

Buyers Administration Fee
A buyer’s administration fee of £1500 plus VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date

Legal Pack
Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendor’s solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them

Viewings
To view this lot, please contact the selling office

Internet, Telephone & Proxy Bidding
Interested in this lot but can’t attend the auction? You can bid by internet, telephone or by proxy by pre-registering with our auction department on or email . Further details are available in the catalogue

Addendum
Check the latest addendum at buttersjohnbee.com for any alterations or changes to the catalogue

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Agent Details

Butters John Bee, Crewe

01270 433339

Next Steps?

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