5 Bed HMO, Crewe, CW1 3AE, £140,000

Samuel Street, Crewe, CW1 3AE - 23 days ago

Sold STC
HMO
ROI: 7%
~98 m²
+9 photos

ValuationUndervalued

Sold Prices£100K - £735K
Sold Prices/m²£893/m² - £3.5K/m²

 

 

Square Metres

~98.43 m²
Price/m²£1.4K/m²

Value Estimate

£172,200
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£8,500

Total Cash In

£43,500

 

 

Cash Out

 

Room Rate

£300

Gross Rent

£1,500

Running Costs/mo

£1,256

Cashflow/mo

£244

Cashflow/yr

£2,925

ROI

7%

Gross Yield

13%

Local Sold Prices

21 sold prices from £100K to £735K, average is £343K. £893/m² to £3.5K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£148K03/210.56 mi148, Holland Street, Crewe, Cheshire CW1 3SL5
£192.5K11/200.94 mi87, Remer Street, Coppenhall, Crewe, Cheshire East CW1 4LU5
£210K05/211.12 mi275, Minshull New Road, Crewe, Cheshire East CW1 3PP5
£100K10/201.17 mi9, Maw Green Close, Crewe, Cheshire CW1 4JE5
£430K03/231.25 mi544, Crewe Road, Wistaston, Crewe, Cheshire East CW2 6PP5
£242K02/211.35 mi23, Mayfair Drive, Crewe, Cheshire CW1 5BB5
£310K08/211.38 mi14, Bentley Drive, Crewe, Cheshire CW1 5FR5
£167.5K07/211.39 mi73, Davenport Avenue, Crewe, Cheshire CW2 6LQ5
£315K02/231.39 mi6, Dillors Croft, Crewe, Cheshire East CW1 4UB5
£255K10/201.44 mi15, Stanier Close, Crewe, Cheshire CW1 5GP5
£530K03/211.45 mi2, Park Drive, Wistaston, Crewe, Cheshire East CW2 8EW5
£355K02/231.46 mi5, Blackthorn Close, Wistaston, Crewe, Cheshire East CW2 6PQ5
£530K09/211.52 miMavor House, 100a, Church Lane, Wistaston, Crewe, Cheshire East CW2 8ER5
£498K12/201.58 mi27, Nessina Grove, Wistaston, Crewe, Cheshire CW2 8EL5
£345K12/201.6 mi11, Wellcroft Close, Wistaston, Crewe, Cheshire CW2 6TA5
£300K11/211.75 mi28, Oakhurst Drive, Wistaston, Crewe, Cheshire CW2 6UF5
£425K07/231.76 mi27, Oakhurst Drive, Wistaston, Crewe, Cheshire East CW2 6UE5
£343K03/211.78 mi20, Springfield Drive, Wistaston, Crewe, Cheshire East CW2 6RA5
£680K11/201.79 mi39, Rope Lane, Wistaston, Crewe, Cheshire East CW2 6RB5
£735K04/211.79 mi25, Rope Lane, Wistaston, Crewe, Cheshire East CW2 6RB5
£480K02/231.87 mi471, Crewe Road, Wistaston, Crewe, Cheshire East CW2 6QU5

Local Area Statistics

Population in CW1

42,160

Population in Crewe

101,534

Town centre distance

0.66 miles away

Nearest school

0.10 miles away

Nearest train station

1.11 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £140,000

March 12, 2025

Floor Plans

Description

  • Licensed 5 bedroom HMO +
  • NO CHAIN +
  • Ideal Location +
  • Two Ensuites +
  • Bathroom +
  • Kitchen/Diner +

Welcome to this exquisite Licensed 5 bedroom HMO terraced house, meticulously finished to an exceptional standard and previously utilized as a HMO. NO CHAIN

5 Bedroom, 3 Bathroom licensed HMO within an Article 4 Area of Crewe. Fully HMO Compliant and previously rented for £1,500 pcm, net of bills and circa £2,000 pcm bills inclusive. Located in an area of strong rental demand within walking distance of Crewe Town Centre, the property has operated as an HMO for the past 10 years and offers a great investment opportunity.

This remarkable property is now available for sale with no chain and is perfectly situated in a popular and convenient location, in close proximity to a wide range of local amenities.

As you step inside, you are greeted by an entrance hallway that leads you into the home. The kitchen/diner is a spacious area provides the perfect setting for both cooking and entertaining.

The property boasts five well proportioned bedrooms, each offering a generous size to ensure maximum comfort and privacy. Two of the bedrooms are accompanied by their own en-suite bathrooms. Additionally, there is a well-appointed main bathroom.

Outside, you will discover a low maintenance rear private garden.

In conclusion, this five-bedroom terraced house is in a prime location, close to Bentley Motors, Leighton Hospital and local amenities. Viewing is highly recommended to fully appreciate this Licensed 5 Bedroom HMO with 3 Bathrooms

Previously rented at £1500 PCM without bills and circa £2000 PCM when letting the rooms with bills included.

Agent Details

Butters John Bee, Crewe

01270 433339

Next Steps?

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