5 Bed HMO, Crewe, CW2 7LE £170,000

Walthall Street, Crewe, CW2 7LE - 34 views - 8 months ago

Sold STC

HMO

ROI: 17%

~178 m²

+1 photos

ValuationUndervalued

Sold Prices	£31.1K - £530K
Sold Prices/m²	£376/m² - £4K/m²

Square Metres	~178.28 m²
Price/m²	£954/m²
Value Estimate	£212,500£212,500
BMV	25%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£42,500£42,500
Stamp Duty & Legal Fees	£10,600£10,600
Total Cash In	£53,100£53,100

Cash Out
Room Rate	£455£455
Gross Rent	£2,275£2,275
Running Costs/mo	£1,530£1,530
Cashflow/mo	£745£745
Cashflow/yr	£8,942£8,942
ROI	17%17%
Gross Yield	16%16%

Local Sold Prices

23 sold prices from £31.1K to £530K, average is £355K. £376/m² to £4K/m², average is £2.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£337.5K	03/25	0.43 mi	287, Nantwich Road, Crewe CW2 6PF	£1,534	220	5	Semi-Detached House
£173K	03/25	0.52 mi	4, Bateman Close, Crewe CW1 3DQ	£1,587	109	5	Terraced House
£31.1K	01/25	0.56 mi	211, Manor Way, Crewe CW2 6PH	£376	83	5	Semi-Detached House
£115K	12/24	0.57 mi	28, Laura Street, Crewe CW2 6HA	£1,036	111	5	Terraced House
£167.5K	07/21	0.71 mi	73, Davenport Avenue, Crewe, Cheshire CW2 6LQ	£1,373	122	5	Semi-Detached House
£380K	02/25	0.72 mi	5, Manor Avenue, Crewe CW2 8BD	£4,043	94	5	Detached House
£430K	03/23	0.77 mi	544, Crewe Road, Wistaston, Crewe, Cheshire East CW2 6PP	£2,363	182	5	Detached House
£425K	11/23	0.91 mi	9, Millrace Drive, Crewe CW2 6XG	£3,427	124	5	Detached House
£355K	02/23	0.92 mi	5, Blackthorn Close, Wistaston, Crewe, Cheshire East CW2 6PQ	£2,483	143	5	Detached House
£360K	01/24	1.13 mi	4, Ashville Court, Crewe CW2 6SY	£2,880	125	5	Detached House
£300K	11/21	1.15 mi	28, Oakhurst Drive, Wistaston, Crewe, Cheshire CW2 6UF	£3,000	100	5	Semi-Detached House
£425K	07/23	1.16 mi	27, Oakhurst Drive, Wistaston, Crewe, Cheshire East CW2 6UE	£2,591	164	5	Detached House
£269K	05/25	1.26 mi	30, Rope Bank Avenue, Wistaston CW2 6RP	£2,423	111	5	Detached House
£269K	05/25	1.26 mi	30, Rope Bank Avenue, Wistaston CW2 6RP	-	-	5	Detached House
£530K	09/21	1.29 mi	Mavor House, 100a, Church Lane, Wistaston, Crewe, Cheshire East CW2 8ER	-	-	5	Detached House
£310K	08/21	1.33 mi	14, Bentley Drive, Crewe, Cheshire CW1 5FR	-	-	5	Detached House
£480K	02/23	1.54 mi	471, Crewe Road, Wistaston, Crewe, Cheshire East CW2 6QU	£2,449	196	5	Detached House
£473K	11/23	1.77 mi	Chartwell, Middlewich Road, Crewe CW2 8SD	£2,330	203	5	Detached House
£210K	05/21	1.78 mi	275, Minshull New Road, Crewe, Cheshire East CW1 3PP	£1,489	141	5	Semi-Detached House
£336K	12/22	1.92 mi	5, Moorfields, Willaston, Nantwich, Cheshire East CW5 6QY	£2,922	115	5	Semi-Detached House
£510K	04/23	1.95 mi	17, Holly Place, Wistaston, Nantwich, Cheshire East CW5 6NG	£2,953	173	5	Detached House
£375K	05/25	2 mi	12, Great Tithes Place, Crewe CW1 4GY	-	-	5	Detached House
£375K	05/25	2 mi	12, Great Tithes Place, Crewe CW1 4GY	£2,143	175	5	Detached House

Local Area Statistics

Population in CW2	40,75240,752
Population in Crewe	101,534101,534
Town centre distance	0.46 miles away0.46 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.55 miles away0.55 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-19%-19%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+19%+19%

Property History

Listed for £170,000

March 19, 2025

Floor Plans

Description

Great Investment Opportunity +
HMO license +
Well Presented +
Private Graden +
Popular Location +
Garage & Off Road Parking +
Great Location +

Welcome to this delightful end-terraced HMO, With every room occupied, this property offers an excellent investment opportunity or a welcoming home for multiple residents.

As you enter the property, you are greeted by a spacious hallway that guides you through the accommodation. The downstairs features two generously-sized bedrooms that provide ample personal space for tenants. The well-appointed kitchen is perfect for communal cooking and dining complete with plenty of storage. Adjoining the kitchen is the lounge area, a cozy spot for relaxation and socializing. To complete the ground floor's functionality, you’ll find a shower room.
Venturing upstairs, you'll discover an additional three well-proportioned bedrooms.
A second shower room is also conveniently located on this floor, further enhancing the practicality of the layout.

Outside, the property boasts a low-maintenance garden, providing a delightful outdoor space for residents to enjoy.

For added convenience, off-road parking and a garage are available, ensuring secure and accessible parking solutions.

This HMO represents a fantastic opportunity for investors or landlords looking to capitalize on a fully occupied rental property in a prime location.

Agent Details

Butters John Bee, Crewe

01270 433339

Next Steps?

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

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