2 Bed Terraced House, Single Let, Crewe, CW1 3EQ, £115,000

22 Ford Lane, Crewe, Cheshire, CW1 3EQ - 2 views - 23 days ago

BTL
75 m²
+6 photos

ValuationOvervalued

Sold Prices£55K - £170K
Sold Prices/m²£514/m² - £2.6K/m²

 

 

Square Metres

75 m²
Price/m²£1.5K/m²

Value Estimate

£95,536

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£6,950

Total Cash In

£35,700

 

 

Cash Out

 

Rent Range

£450 - £950

Rent Estimate

£475

Running Costs/mo

£474

Cashflow/mo

£1

Cashflow/yr

£8

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £55K to £170K, average is £100K. £514/m² to £2.6K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£110K06/210 mi45, Ford Lane, Crewe, Cheshire CW1 3EQ2
£90K07/230.05 mi7, Fletcher Street, Crewe, Cheshire East CW1 3EE2
£87K01/210.07 mi22, Rigg Street, Crewe, Cheshire CW1 3EB2
£129.9K08/230.09 mi20, Ford Close, Crewe, Cheshire East CW1 3JL2
£70K12/220.11 mi1, Chell Street, Crewe, Cheshire East CW1 3ES2
£98K03/210.14 mi51, Bright Street, Crewe, Cheshire East CW1 3AQ2
£94K06/210.15 mi75, Badger Avenue, Crewe, Cheshire East CW1 3JQ2
£80K11/210.15 mi14, Oxford Street, Crewe, Cheshire CW1 3HP2
£70K01/210.17 mi83, Ramsbottom Street, Crewe, Cheshire CW1 3AN2
£55K01/210.17 mi244, West Street, Crewe, Cheshire East CW1 3HT2
£102K01/210.17 mi169, Badger Avenue, Crewe, Cheshire East CW1 3JN2
£76.8K07/210.17 mi59, Walker Street, Crewe, Cheshire CW1 3EL2
£110K03/230.18 mi35, Cornwall Grove, Crewe, Cheshire East CW1 3BE2
£92K12/220.19 mi168, West Street, Crewe, Cheshire East CW1 3HN2
£79K05/210.19 mi168, West Street, Crewe, Cheshire CW1 3HN2
£93.5K04/210.19 mi64, Richard Street, Crewe, Cheshire East CW1 3AG2
£100K08/230.19 mi52, Richard Street, Crewe, Cheshire East CW1 3AG2
£105K03/230.19 mi60, Richard Street, Crewe, Cheshire East CW1 3AG2
£62.5K12/200.19 mi60, Richard Street, Crewe, Cheshire East CW1 3AG2
£105K03/210.19 mi47, Richard Street, Crewe, Cheshire CW1 3AG2
£107K04/210.2 mi6, Broad Street, Crewe, Cheshire East CW1 3DF2
£85K10/200.21 mi24, Broad Street, Crewe, Cheshire East CW1 3DF2
£117.5K01/230.24 mi175, Ford Lane, Crewe, Cheshire East CW1 3JH2
£75K11/200.25 mi298, West Street, Crewe, Cheshire East CW1 3HT2
£64K01/210.28 mi18, Browning Street, Crewe, Cheshire East CW1 3BB2
£94K02/230.28 mi10, Broom Street, Crewe, Cheshire East CW1 3LG2
£105K03/230.28 mi20, Richard Moon Street, Crewe, Cheshire East CW1 3AX2
£126K11/200.31 mi24, Barn Croft Road, Crewe, Cheshire East CW1 3ZJ2
£149K05/230.34 mi53, Ellis Street, Crewe, Cheshire East CW1 3TW2
£70K06/230.36 mi38, Flag Lane, Crewe, Cheshire East CW1 3BG2
£100K08/210.37 mi194, Badger Avenue, Crewe, Cheshire East CW1 3LP2
£112.5K10/210.38 mi43, Timbrell Avenue, Crewe, Cheshire East CW1 3LU2
£102.5K03/230.38 mi15, Timbrell Avenue, Crewe, Cheshire East CW1 3LU2
£82.5K10/200.39 mi98, Oakley Street, Crewe, Cheshire East CW1 2NL2
£110K11/220.4 mi88a, Victoria Street, Crewe, Cheshire East CW1 2JL2
£170K08/230.41 mi11, Abington Close, Crewe, Cheshire East CW1 3TL2
£100K11/220.41 mi88, Victoria Street, Crewe, Cheshire East CW1 2JL2
£72K11/200.41 mi56, Holland Street, Crewe, Cheshire East CW1 3TT2
£143.5K06/210.44 mi31a, Singleton Avenue, Crewe, Cheshire East CW1 3TY2
£137.5K04/230.45 mi1, Kettell Avenue, Crewe, Cheshire East CW1 3NJ2
£170K03/230.47 mi17, Westbourne Avenue, Crewe, Cheshire East CW1 3QP2
£150K04/230.47 mi29, Westbourne Avenue, Crewe, Cheshire East CW1 3QP2
£108K05/230.49 mi54, Coppenhall Grove, Crewe, Cheshire East CW2 7UG2
£124K11/220.49 mi48, Coppenhall Grove, Crewe, Cheshire East CW2 7UG2
£95.2K02/240.49 mi89, Flag Lane, Crewe, Cheshire East CW2 7QT2
£93K11/220.49 mi104, Flag Lane, Crewe, Cheshire East CW2 7QU2
£115K09/210.5 mi164a, Wistaston Road, Crewe, Cheshire CW2 7RJ2
£90K04/230.5 mi16, Lewis Street, Crewe, Cheshire East CW2 7QR2
£145K04/210.5 mi31, Mclaren Street, Coppenhall, Crewe, Cheshire CW1 3SS2
£105K06/230.51 mi159, Wistaston Road, Crewe, Cheshire East CW2 7RH2

Local Rents

44 rents from £450/mo to £950/mo, average is £765/mo.

RentDateDistanceAddressBeds 
£76512/240.04 mi-2
£76512/240.04 mi-2
£76512/240.04 mi-2
£75012/240.07 miRigg Street, CW12
£69502/250.13 mi-2
£77512/240.14 miBright St, Crewe2
£72502/240.16 mi-2
£77512/240.19 miBadger Avenue, CW12
£80003/250.2 mi-2
£80004/250.2 mi-2
£70012/240.2 mi-2
£80002/250.21 mi-2
£80003/250.21 mi-2
£85003/250.21 mi-2
£77512/240.22 miPartridge Close, Crewe, CW12
£75012/240.22 miApartment Block Partridge Close, Crewe , CW12
£85012/240.26 mi-2
£95012/240.28 mi-2
£80012/240.29 mi-2
£87511/240.32 mi-2
£70012/240.33 miCrewe, Cheshire, CW12
£80003/250.35 mi-2
£75004/250.36 mi-2
£85003/250.36 mi-2
£74512/240.36 mi-2
£45012/240.37 miDelemere2
£82502/250.37 mi-2
£87512/240.39 mi-2
£80012/240.45 miKettell Avenue, Crewe2
£69511/240.47 mi-2
£88501/250.49 mi-2
£75012/240.49 mi-2
£75012/240.49 miFlag Lane, Crewe, CW22
£75012/240.51 mi-2
£75012/240.51 miWistaston Road2
£65012/240.53 miWest Street, Crewe2
£70001/250.55 mi-2
£72503/250.56 mi-2
£70003/250.57 mi-2
£77512/230.57 mi-2
£71512/240.59 miMiddlewich Street, Crewe, CW12
£72511/240.59 mi-2
£75003/250.59 mi-2
£77512/240.61 miWalthall Street, Crewe, CW22

Local Area Statistics

Population in CW1

42,160

Population in Crewe

101,534

Town centre distance

0.77 miles away

Nearest school

0.10 miles away

Nearest train station

1.24 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £115,000

March 19, 2025

Floor Plans

Description

  • Excellent Investment Opportunity! +
  • Traditional Terraced Property With Tenant In Situ Paying £750 PCM +
  • Recently Redecorated And Improved +
  • Two Bedrooms +
  • Double Glazing +
  • Two Reception Rooms +
  • Central Location +
  • Freehold Property +
  • Must Be Viewed! +

Stephenson Browne are pleased to present this two bedroom property in a central location with tenant in situ paying £750 pcm! Having recently been redecorate throughout, this traditional mid terraced home should suit a wide variety of buyers and is located within a convenient residential area ideal for access to Bentley Motors and Leighton hospital whilst being a short walk to shops for day to day needs and schools for all ages. The accommodation briefly comprises of a welcoming entrance hall, TWO RECEPTION ROOMS, fitted kitchen, two bedrooms and a good size bathroom. Externally the rear yard is enclosed and has gated access to the rear. Please call our office to secure your viewing!

Entrance Hall - Spot lights, alarm control panel, access to reception rooms.

Sitting Room - 2.62m x 3.68m - Double glazed window. Storage cupboard. Inset gas fire. Radiator.

Living Room - 3.61m x 4.88m - Double glazed window. Two radiators. Stairs leading to the first floor.

Kitchen - 1.96m x 3.53m - Fitted with a range of base and wall units, stainless steel sink, double glazed window, door to outside, spotlights, four ring gas hob with extractor over, plumbing for washing machine, space for dryer, built in oven and grill, built in fridge and freezer.

Stairs Leading To First Floor - Loft access, spotlights, radiator.

Bedroom One - 3.18m x 3.66m - Double glazed window, spotlights, radiator, ceiling light fan, range of fitted bedroom furniture.

Bedroom Two - 2.69m x 3.89m - Double glazed window, radiator, spotlights, ceiling light fan, wall mounted boiler.

Bathroom - Modesty double glazed window to the rear elevation. Panelled bath. Separate walk in shower cubicle with sliding doors and electric shower. Pedestal wash hand basin. Low level W.C. Chrome ladder radiator.

Externally - The property has a rear yard which has a timber pergola. Timber access gate to the rear.

Council Tax - Band A.

Tenure - We understand from the vendor that the property is freehold. 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?

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