2 Bed Flat, Single Let, Crewe, CW1 3FS, £95,000

Partridge Close, Crewe, Cheshire, CW1 3FS - a month ago

Leasehold
BTL
ROI: 11%
~68 m²
+5 photos

ValuationFair Value

Sold Prices£70K - £123.3K
Sold Prices/m²£1.2K/m² - £1.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.4K/m²

Value Estimate

£94,756

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£5,950

Total Cash In

£29,700

 

 

Cash Out

 

Rent Range

£450 - £1,200

Rent Estimate

£750

Running Costs/mo

£467

Cashflow/mo

£283

Cashflow/yr

£3,398

ROI

11%

Gross Yield

9%

Local Sold Prices

21 sold prices from £70K to £123.3K, average is £84K. £1.2K/m² to £1.7K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£120K02/220.09 miApartment 15, Junction House, Dale Way, Crewe, Cheshire East CW1 3GU2
£84K12/200.09 miApartment 4, Junction House, Dale Way, Crewe, Cheshire East CW1 3GU2
£85K08/210.1 miApartment 7, Carriage House, Dale Way, Crewe, Cheshire East CW1 3GW2
£76K07/230.31 miFlat 10, Beames House, Blount Close, Crewe, Cheshire East CW1 3DB2
£77K09/210.31 miFlat 9, Beames House, Blount Close, Crewe, Cheshire CW1 3DB2
£78.5K03/220.32 miFlat 5, Beames House, Harrison Drive, Crewe, Cheshire East CW1 3DA2
£77.5K12/210.32 miFlat 8, Trevithick House, Harrison Drive, Crewe, Cheshire East CW1 3DA2
£70K01/230.33 miFlat 3, Ivatt House, Blount Close, Crewe, Cheshire East CW1 3BJ2
£106.5K05/210.35 miFlat 2, Sackfield House, Blount Close, Crewe, Cheshire CW1 3EU2
£98K02/230.36 miFlat 5, Allan House, Blount Close, Crewe, Cheshire East CW1 3BX2
£77K04/220.38 miFlat 9, Worsdell House, Blount Close, Crewe, Cheshire East CW1 3BF2
£92K06/230.38 miFlat 5, Worsdell House, Blount Close, Crewe, Cheshire East CW1 3BF2
£82K11/220.5 miApartment 8, Ludford Court, Badger Avenue, Crewe, Cheshire East CW1 3DZ2
£73K04/220.52 miApartment 12a, Ludford Court, Badger Avenue, Crewe, Cheshire East CW1 3DZ2
£123.3K05/220.63 mi171, Market Street, Crewe, Cheshire East CW1 2NB2
£115K06/230.64 mi22a, Gainsborough Road, Crewe, Cheshire East CW2 7PH2
£98K12/210.66 mi25, Alton Street, Crewe, Cheshire CW2 7QQ2
£80.5K04/230.81 mi44, Stalbridge Road, Crewe, Cheshire East CW2 7LP2
£95K03/210.95 miApartment 9, Heathlands House, Merlin Court, Crewe, Cheshire CW1 3TH2
£102K06/230.95 miApartment 1, Heathlands House, Merlin Court, Crewe, Cheshire East CW1 3TH2
£77K02/210.99 mi6, Rudheath Close, Crewe, Cheshire East CW2 8TL2

Local Rents

46 rents from £450/mo to £1.2K/mo, average is £770/mo.

RentDateDistanceAddressBeds 
£80002/250 mi-2
£80003/250 mi-2
£75012/240.02 miApartment Block Partridge Close, Crewe , CW12
£77512/240.03 miPartridge Close, Crewe, CW12
£69502/250.11 mi-2
£72502/240.11 mi-2
£77512/240.18 miBright St, Crewe2
£76512/240.21 mi-2
£76512/240.21 mi-2
£76512/240.21 mi-2
£80003/250.24 mi-2
£80004/250.24 mi-2
£75012/240.27 miRigg Street, CW12
£88501/250.29 mi-2
£85003/250.3 mi-2
£70012/240.32 mi-2
£77512/240.33 miBadger Avenue, CW12
£80012/240.35 mi-2
£70012/240.37 miCrewe, Cheshire, CW12
£65012/240.39 miWest Street, Crewe2
£85012/240.39 mi-2
£45012/240.4 miDelemere2
£72503/250.4 mi-2
£80012/240.41 miKettell Avenue, Crewe2
£70001/250.41 mi-2
£85003/250.43 mi-2
£74512/240.43 mi-2
£75012/240.45 miWistaston Road2
£75012/240.45 mi-2
£75012/240.45 miFlag Lane, Crewe, CW22
£87512/240.47 mi-2
£75012/240.48 mi-2
£95012/240.48 mi-2
£87511/240.48 mi-2
£70003/250.51 mi-2
£75004/250.51 mi-2
£87512/240.52 miCoppenhall Place, Crewe, CW12
£82502/250.52 mi-2
£80003/250.53 mi-2
£70012/240.54 miDenver Avenue, Crewe, CW2 7PX2
£1,20012/240.55 mi-2
£1,20002/250.55 mi-2
£1,20012/240.55 miMinshull New Road, Crewe, CW12
£72511/240.59 mi-2
£77512/240.59 miWalthall Street, Crewe, CW22
£69511/240.61 mi-2

Local Area Statistics

Population in CW1

42,160

Population in Crewe

101,534

Town centre distance

0.83 miles away

Nearest school

0.10 miles away

Nearest train station

1.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £95,000

February 27, 2025

Floor Plans

Description

First floor spacious apartment, with gated parking, walking distance to the town centre. Easy access to local employers such has Leighton Hospital and Bentley Motors. This home currently has a tenant in situ with a monthly rental of £750.00 pcm. All compliance certificates in place. Fully managed by Martin & Co.

Step into this spacious property and be greeted by a large hallway that sets the tone for the rest of the home. The hallway leads to two generously sized double bedrooms, providing ample space.

The property also boasts a well-thought-out, modern bathroom. Moving further into the home, you'll find an ample open-plan living space that seamlessly combines a dining area and a sleek, modern kitchen with integrated appliances.

This versatile space is ideal for entertaining guests or enjoying quality family time. With its well-designed layout and contemporary features, it offers a comfortable and stylish living environment.

Enjoy the natural light and fresh air that flow into the living space through the Juliet balcony, which adds a touch of elegance to the overall ambience. This property offers a perfect blend of comfort, style, and functionality, making it a desirable place to call home.

The development benefits from secure gated entry, with each apartment having one allocated parking space, gas central heating, separate communal doors for each block, bin stores, and bike sheds. It is generally very well-kept by the residents inside and out. All around, it is an excellent buy-to-let opportunity.

The development is also excellently located for commuters. The bus station in the town centre and the train station, which are a short distance away, make public transport easy to access. Easy road routes lead to the A500, A530, and M6.

EPC - B
Council Tax - B
Tenure - Leasehold Aprox. 987 Years Remaining
Ground Rent - £230 pa
Service Charge - £1,250 pa

Agent Details

Whitegates, Crewe

01270 433736

Next Steps?

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