2 Bed Terraced House, Single Let, Crewe, CW1 5EW, £120,000

Gresty Terrace, Crewe, Cheshire, CW1 5EW - 25 days ago

Sold STC
BTL
ROI: 2%
~80 m²
+10 photos

ValuationUndervalued

Sold Prices£73K - £195K
Sold Prices/m²£992/m² - £5.4K/m²

 

 

Square Metres

~79.50 m²
Price/m²£1.5K/m²

Value Estimate

£146,728
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£37,200

 

 

Cash Out

 

Rent Range

£550 - £1,600

Rent Estimate

£576

Running Costs/mo

£510

Cashflow/mo

£66

Cashflow/yr

£790

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £73K to £195K, average is £112K. £992/m² to £5.4K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£101K11/200.02 mi37, Gresty Terrace, Crewe, Cheshire CW1 5EN2
£105K10/200.04 mi4, Hungerford Avenue, Crewe, Cheshire East CW1 6ER2
£160K08/210.06 mi19, Hungerford Avenue, Crewe, Cheshire CW1 6EP2
£93K07/230.11 mi218, Hungerford Road, Monks Coppenhall, Crewe, Cheshire East CW1 6EX2
£127K07/210.12 mi11, Lea Avenue, Crewe, Cheshire CW1 6HQ2
£128K11/200.14 mi2, Grange Close, Crewe, Cheshire East CW1 6HJ2
£105K10/200.19 mi37, Vincent Street, Crewe, Cheshire CW1 4AA2
£85K01/210.19 mi25, Vincent Street, Crewe, Cheshire CW1 4AA2
£73K12/200.2 mi39, Hall O'shaw Street, Crewe, Cheshire East CW1 4AE2
£90K10/210.23 mi9, Surrey Street, Crewe, Cheshire East CW1 4AB2
£96K11/210.23 mi13, Surrey Street, Crewe, Cheshire CW1 4AB2
£150K12/200.24 mi43, Coleridge Way, Crewe, Cheshire CW1 5JW2
£141K05/210.24 mi15, Coleridge Way, Crewe, Cheshire CW1 5JW2
£152K06/230.25 mi14, Brook Close, Crewe, Cheshire East CW1 6HR2
£145K07/210.28 mi56, Ludlow Avenue, Crewe, Cheshire East CW1 6DY2
£121K06/210.28 mi52, Ludlow Avenue, Crewe, Cheshire East CW1 6DY2
£185K03/230.28 mi52, Ludlow Avenue, Crewe, Cheshire East CW1 6DY2
£97.5K04/210.29 mi7, Chestnut Grove, Crewe, Cheshire CW1 4BD2
£112K03/210.29 mi22, Greystone Park, Crewe, Cheshire CW1 2AL2
£112K03/210.29 mi22, Greystone Park, Crewe, Cheshire CW1 2AL2
£98.8K03/210.29 mi48, Greystone Park, Crewe, Cheshire CW1 2AL2
£159.9K04/210.29 mi51, Coleridge Way, Crewe, Cheshire CW1 5JX2
£111K12/220.3 mi29, Greystone Park, Crewe, Cheshire East CW1 2AL2
£156.3K04/210.31 mi8, Tennyson Avenue, Crewe, Cheshire East CW1 5JR2
£105K01/230.31 mi6, Beech Grove, Crewe, Cheshire East CW1 4ED2
£108K03/210.33 mi34, Queen Street, Crewe, Cheshire CW1 4AL2
£110K03/210.34 mi16, Mary Street, Crewe, Cheshire East CW1 4AJ2
£103.5K01/210.38 mi17, Crewe Road, Crewe, Cheshire East CW1 6DS2
£112.2K12/200.4 mi20, Hallshaw Avenue, Crewe, Cheshire CW1 4AY2
£145K03/210.4 mi4, Hallshaw Avenue, Crewe, Cheshire CW1 4AY2
£169K11/200.4 mi15, Swinburne Drive, Crewe, Cheshire East CW1 5JE2
£127K02/210.41 mi178, Henry Street, Crewe, Cheshire CW1 4BG2
£165K01/230.41 mi182, Henry Street, Crewe, Cheshire East CW1 4BG2
£170K11/200.43 mi5, Laureston Avenue, Crewe, Cheshire CW1 5HU2
£75K11/200.47 mi160, Henry Street, Crewe, Cheshire CW1 4BQ2
£99K09/210.48 mi20, Brook Street, Crewe, Cheshire CW2 7DF2
£95K10/230.5 mi6, Lord Street, Crewe, Cheshire East CW2 7DG2
£140K07/210.5 mi16, Anderson Close, Crewe, Cheshire East CW1 5JB2
£159.9K08/210.51 mi69, Heron Crescent, Crewe, Cheshire CW1 5YB2
£195K11/220.53 mi81, Heron Crescent, Crewe, Cheshire East CW1 5YB2
£120K07/230.55 mi9, Betley Street, Crewe, Cheshire East CW1 2LE2
£88K06/210.57 mi21, Myrtle Street, Crewe, Cheshire CW2 7HY2
£113K11/210.57 mi24, Myrtle Street, Crewe, Cheshire CW2 7HY2
£78K11/230.57 mi9, Myrtle Street, Crewe, Cheshire East CW2 7HY2
£180.1K12/210.58 mi334, Sydney Road, Crewe, Cheshire CW1 5LS2
£100K04/230.59 mi6, Audley Street, Crewe, Cheshire East CW1 4BT2
£120K10/210.6 mi23, Betjeman Way, Crewe, Cheshire East CW1 5FS2
£96K01/210.6 mi37, Lawton Street, Crewe, Cheshire CW2 7HZ2
£110K12/210.6 mi66, Ridgway Street, Crewe, Cheshire CW1 4BY2
£102K12/200.6 mi36, Ridgway Street, Crewe, Cheshire East CW1 4BY2

Local Rents

22 rents from £550/mo to £1.6K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£58012/240.06 mi-2
£75011/230.08 mi-2
£75001/240.08 mi-2
£65012/240.11 mi-2
£82503/250.19 mi-2
£1,60003/250.22 mi-2
£67512/240.29 mi-2
£67502/250.29 mi-2
£67512/240.33 miAmbuscade Close, Crewe2
£75001/250.45 mi-2
£55012/240.47 miBrook Street, Crewe2
£75012/240.47 miHenry Street, Crewe, CW12
£95003/250.5 mi-2
£75001/240.5 mi-2
£79501/250.5 mi-2
£77512/230.52 mi-2
£62512/240.54 miCrewe, Cheshire, CW22
£69511/240.58 mi-2
£77512/240.58 miLord Street, Crewe,2
£77512/240.61 miCamm Street, Crewe, Cheshire, CW2 7DN2
£77502/250.61 mi-2
£1,40003/250.62 mi-2

Local Area Statistics

Population in CW1

42,160

Population in Crewe

101,534

Town centre distance

0.32 miles away

Nearest school

0.20 miles away

Nearest train station

0.52 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £120,000

March 11, 2025

Floor Plans

Description

Welcome to this well-presented 2-bedroom terraced home, ideally located in a popular area of Crewe. Perfect for first-time buyers, small families, or investors, this property offers versatile living spaces and excellent potential.

Step into the welcoming hallway, which provides access to the main living areas of the property. To the left of the hallway, you'll find the first reception room, currently used as an additional bedroom but offering plenty of scope to transform into a dining room, perfect for hosting family meals or entertaining guests.

Further down the hallway is the spacious living room, featuring under-stairs storage for added convenience. This comfortable room offers a relaxing space for unwinding after a busy day. At the rear of the property, the good-sized kitchen offers ample space for meal preparation. With plenty of storage and room for appliances, it’s ideal for anyone who loves to cook.

A well-proportioned room with plenty of natural light, providing a peaceful retreat for the homeowner. A generously sized second bedroom, perfect for a child’s room, guest room, or a home office. Off the second bedroom is a modern and functional shower room that completes the upstairs layout, offering convenience and practicality.

The property benefits from a low-maintenance, paved yard area to the rear, providing a private outdoor space perfect for relaxing or enjoying some fresh air.

This delightful home offers excellent value for money and is a fantastic opportunity for anyone looking to settle in the heart of Crewe. Arrange your viewing today to fully appreciate everything this property has to offer!

Agent Details

Bridgfords, Crewe

01270 433108

Next Steps?

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