2 Bed Flat, Single Let, Crewe, CW2 7LD, £70,000

204b Walthall Street, Crewe, Cheshire, CW2 7LD - a month ago

Leasehold
BTL
ROI: 11%
46 m²
+5 photos

ValuationUndervalued

Sold Prices£60K - £270K
Sold Prices/m²£1.2K/m² - £2.9K/m²

 

 

Square Metres

46 m²
Price/m²£1.5K/m²

Value Estimate

£74,507
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£4,700

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£450 - £1,400

Rent Estimate

£550

Running Costs/mo

£349

Cashflow/mo

£201

Cashflow/yr

£2,415

ROI

11%

Gross Yield

9%

Local Sold Prices

33 sold prices from £60K to £270K, average is £92K. £1.2K/m² to £2.9K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£80.5K04/230.07 mi44, Stalbridge Road, Crewe, Cheshire East CW2 7LP2
£115K06/230.17 mi22a, Gainsborough Road, Crewe, Cheshire East CW2 7PH2
£98K12/210.19 mi25, Alton Street, Crewe, Cheshire CW2 7QQ2
£77K04/220.45 miFlat 9, Worsdell House, Blount Close, Crewe, Cheshire East CW1 3BF2
£92K06/230.45 miFlat 5, Worsdell House, Blount Close, Crewe, Cheshire East CW1 3BF2
£98K02/230.46 miFlat 5, Allan House, Blount Close, Crewe, Cheshire East CW1 3BX2
£106.5K05/210.48 miFlat 2, Sackfield House, Blount Close, Crewe, Cheshire CW1 3EU2
£70K01/230.48 miFlat 3, Ivatt House, Blount Close, Crewe, Cheshire East CW1 3BJ2
£76K07/230.5 miFlat 10, Beames House, Blount Close, Crewe, Cheshire East CW1 3DB2
£77K09/210.5 miFlat 9, Beames House, Blount Close, Crewe, Cheshire CW1 3DB2
£78.5K03/220.51 miFlat 5, Beames House, Harrison Drive, Crewe, Cheshire East CW1 3DA2
£77.5K12/210.51 miFlat 8, Trevithick House, Harrison Drive, Crewe, Cheshire East CW1 3DA2
£87.5K02/220.77 mi39, Ludlow Avenue, Crewe, Cheshire East CW1 6DZ2
£123.3K05/220.78 mi171, Market Street, Crewe, Cheshire East CW1 2NB2
£73K04/220.79 miApartment 12a, Ludford Court, Badger Avenue, Crewe, Cheshire East CW1 3DZ2
£82K11/220.8 miApartment 8, Ludford Court, Badger Avenue, Crewe, Cheshire East CW1 3DZ2
£120K02/220.88 miApartment 15, Junction House, Dale Way, Crewe, Cheshire East CW1 3GU2
£84K12/200.89 miApartment 4, Junction House, Dale Way, Crewe, Cheshire East CW1 3GU2
£85K08/210.9 miApartment 7, Carriage House, Dale Way, Crewe, Cheshire East CW1 3GW2
£60K03/221.09 mi54a, Coleridge Way, Crewe, Cheshire East CW1 5LE2
£270K09/211.29 mi91, Church Lane, Wistaston, Crewe, Cheshire CW2 8ER2
£90K04/231.44 mi110, Remer Street, Coppenhall, Crewe, Cheshire East CW1 4LT2
£77K02/211.59 mi6, Rudheath Close, Crewe, Cheshire East CW2 8TL2
£86K03/231.6 mi47, Marshfield Avenue, Crewe, Cheshire East CW2 8TG2
£115K01/231.61 mi30, Foxholme Court, Crewe, Cheshire East CW1 5HF2
£110K08/211.61 mi26, Foxholme Court, Crewe, Cheshire CW1 5HF2
£111K09/221.61 mi20, Foxholme Court, Crewe, Cheshire East CW1 5HF2
£105K04/231.61 mi37, Foxholme Court, Crewe, Cheshire East CW1 5HF2
£95K03/211.73 miApartment 9, Heathlands House, Merlin Court, Crewe, Cheshire CW1 3TH2
£102K06/231.73 miApartment 1, Heathlands House, Merlin Court, Crewe, Cheshire East CW1 3TH2
£150K11/201.74 mi12, Richardson Close, Shavington, Crewe, Cheshire East CW2 5BD2
£104.3K03/221.87 mi63, Verdin Court, Crewe, Cheshire East CW1 3YQ2
£218.6K07/211.96 mi35, Chatham Way, Haslington, Crewe, Cheshire East CW1 5NU2

Local Rents

29 rents from £450/mo to £1.4K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£75003/250.12 mi-2
£77502/250.19 mi-2
£1,40003/250.19 mi-2
£62512/240.2 miCrewe, Cheshire, CW22
£77512/240.21 miLord Street, Crewe,2
£77512/240.24 miCamm Street, Crewe, Cheshire, CW2 7DN2
£77512/240.26 miWalthall Street, Crewe, CW22
£75012/240.27 miSwinnerton Street2
£55012/240.28 miBrook Street, Crewe2
£82502/250.29 mi-2
£70003/250.29 mi-2
£69512/240.3 mi-2
£72511/240.3 mi-2
£70012/240.32 miDenver Avenue, Crewe, CW2 7PX2
£75012/240.34 mi-2
£75012/240.35 miWistaston Road2
£95004/250.35 mi-2
£75012/240.36 mi-2
£75012/240.36 miFlag Lane, Crewe, CW22
£65012/240.4 miCatherine Street, Crewe, CW22
£75012/240.41 miSt Andrews Court, Crewe, CW2 6LF2
£82504/250.42 mi-2
£77512/230.43 mi-2
£45012/240.5 miDelemere2
£72503/250.5 mi-2
£74512/240.55 mi-2
£85003/250.55 mi-2
£87512/240.56 mi-2
£79501/250.57 mi-2

Local Area Statistics

Population in CW2

40,752

Population in Crewe

101,534

Town centre distance

0.47 miles away

Nearest school

0.10 miles away

Nearest train station

0.54 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Price changed to £70,000

March 20, 2025

Listed for £79,500

February 27, 2025

Floor Plans

Description

  • Spacious First Floor Apartment +
  • Two Bedrooms +
  • Large Living Space +
  • Fitted Kitchen +
  • Tenant In Situ Until September 2025 +
  • Convenient And Central Location +
  • Close To Mainline Railway Station +
  • Gas Central Heating +
  • Double Glazing +
  • Call To View +

Calling all investors! Welcome to this spacious first floor apartment located on Walthall Street in the heart of Crewe. With two well proportioned bedrooms, making it an ideal choice for investors seeking a property with a tenant already in situ.

The flat boasts a comfortable reception room, perfect for relaxation or entertaining guests. The fitted kitchen is both functional and of a good size. The bathroom is conveniently located, ensuring ease of access for all residents.

Situated in a central and convenient location, this property is just a stone's throw away from local amenities, including shops, cafes, and parks. Additionally, the mainline railway station is within easy reach, making commuting to nearby towns and cities a breeze.

This apartment is a must view for anyone looking to invest in a property that combines comfort, convenience, and potential. Don't miss the opportunity to make this charming flat your new home or investment.

Entrance Hall -

Lounge/Diner - 4.288m x 3.814m (max) (14'0" x 12'6" (max)) -

Kitchen - 2.849m x 2.253m (9'4" x 7'4") -

Bedroom One - 3.666m x 2.633 (12'0" x 8'7") -

Bedroom Two - 3.619m x 1.409m (11'10" x 4'7") -

Bathroom -

Council Tax - Band A.

Tenure - We understand from the vendor that the property is leasehold. 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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