2 Bed Terraced House, Refurb/BRRR, Crewe, CW1 4AB, £135,000

Surrey Street, Crewe, Cheshire, CW1 4AB - 7 days ago

Refurb/BRRR
ROI: 3%
~68 m²
+26 photos

ValuationOvervalued

Sold Prices£73K - £195K
Sold Prices/m²£1.1K/m² - £5.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2K/m²

Value Estimate

£122,451

 

 

End Value (After Refurb)

£128,998

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£7,950

Refurb Costs

£28,697

Bridging Loan Interest

£3,544

Total Cash In

£75,691

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£128,998

Mortgage (After Refinance)

£96,749

Mortgage LTV

75%

Cash Left In

£75,691

Equity

£32,250

Rent Range

£550 - £1,600

Rent Estimate

£781

Running Costs/mo

£579

Cashflow/mo

£202

Cashflow/yr

£2,420

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £73K to £195K, average is £116.1K. £1.1K/m² to £5.4K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£90K10/210.01 mi9, Surrey Street, Crewe, Cheshire East CW1 4AB2
£96K11/210.01 mi13, Surrey Street, Crewe, Cheshire CW1 4AB2
£105K10/200.06 mi37, Vincent Street, Crewe, Cheshire CW1 4AA2
£85K01/210.06 mi25, Vincent Street, Crewe, Cheshire CW1 4AA2
£97.5K04/210.06 mi7, Chestnut Grove, Crewe, Cheshire CW1 4BD2
£73K12/200.09 mi39, Hall O'shaw Street, Crewe, Cheshire East CW1 4AE2
£105K01/230.09 mi6, Beech Grove, Crewe, Cheshire East CW1 4ED2
£108K03/210.11 mi34, Queen Street, Crewe, Cheshire CW1 4AL2
£110K03/210.15 mi16, Mary Street, Crewe, Cheshire East CW1 4AJ2
£159.9K04/210.17 mi51, Coleridge Way, Crewe, Cheshire CW1 5JX2
£111K12/220.17 mi29, Greystone Park, Crewe, Cheshire East CW1 2AL2
£112K03/210.17 mi22, Greystone Park, Crewe, Cheshire CW1 2AL2
£112K03/210.17 mi22, Greystone Park, Crewe, Cheshire CW1 2AL2
£98.8K03/210.17 mi48, Greystone Park, Crewe, Cheshire CW1 2AL2
£112.2K12/200.18 mi20, Hallshaw Avenue, Crewe, Cheshire CW1 4AY2
£145K03/210.18 mi4, Hallshaw Avenue, Crewe, Cheshire CW1 4AY2
£127K02/210.18 mi178, Henry Street, Crewe, Cheshire CW1 4BG2
£165K01/230.18 mi182, Henry Street, Crewe, Cheshire East CW1 4BG2
£93K07/230.21 mi218, Hungerford Road, Monks Coppenhall, Crewe, Cheshire East CW1 6EX2
£150K12/200.22 mi43, Coleridge Way, Crewe, Cheshire CW1 5JW2
£141K05/210.22 mi15, Coleridge Way, Crewe, Cheshire CW1 5JW2
£101K11/200.24 mi37, Gresty Terrace, Crewe, Cheshire CW1 5EN2
£105K10/200.24 mi4, Hungerford Avenue, Crewe, Cheshire East CW1 6ER2
£75K11/200.26 mi160, Henry Street, Crewe, Cheshire CW1 4BQ2
£127K07/210.26 mi11, Lea Avenue, Crewe, Cheshire CW1 6HQ2
£160K08/210.27 mi19, Hungerford Avenue, Crewe, Cheshire CW1 6EP2
£156.3K04/210.28 mi8, Tennyson Avenue, Crewe, Cheshire East CW1 5JR2
£128K11/200.34 mi2, Grange Close, Crewe, Cheshire East CW1 6HJ2
£152K06/230.37 mi14, Brook Close, Crewe, Cheshire East CW1 6HR2
£159.9K08/210.39 mi69, Heron Crescent, Crewe, Cheshire CW1 5YB2
£100K04/230.4 mi6, Audley Street, Crewe, Cheshire East CW1 4BT2
£110K12/210.41 mi66, Ridgway Street, Crewe, Cheshire CW1 4BY2
£102K12/200.41 mi36, Ridgway Street, Crewe, Cheshire East CW1 4BY2
£169K11/200.41 mi15, Swinburne Drive, Crewe, Cheshire East CW1 5JE2
£120K10/210.42 mi23, Betjeman Way, Crewe, Cheshire East CW1 5FS2
£195K11/220.43 mi81, Heron Crescent, Crewe, Cheshire East CW1 5YB2
£150K06/210.44 mi93, Rochester Crescent, Crewe, Cheshire CW1 5YQ2
£175K04/230.44 mi95, Rochester Crescent, Crewe, Cheshire East CW1 5YQ2
£167.5K05/230.44 mi74, Rochester Crescent, Crewe, Cheshire East CW1 5YQ2
£101K03/210.45 mi11, Charlesworth Street, Crewe, Cheshire CW1 4DE2
£107.5K01/210.45 mi13, Charlesworth Street, Crewe, Cheshire CW1 4DE2
£132.5K09/210.45 mi3, Micklewright Avenue, Crewe, Cheshire CW1 4DF2
£105K01/210.45 mi23, Micklewright Avenue, Crewe, Cheshire CW1 4DF2
£132.5K01/210.45 mi24, Micklewright Avenue, Crewe, Cheshire East CW1 4DF2
£160K01/230.45 mi185, Lansdowne Road, Crewe, Cheshire East CW1 5LR2
£95K03/210.47 mi60, Middlewich Street, Crewe, Cheshire East CW1 4DA2
£140K07/210.47 mi16, Anderson Close, Crewe, Cheshire East CW1 5JB2
£170K11/200.48 mi5, Laureston Avenue, Crewe, Cheshire CW1 5HU2
£120K04/210.49 mi21, Rochester Crescent, Crewe, Cheshire CW1 5YF2
£185K03/230.5 mi52, Ludlow Avenue, Crewe, Cheshire East CW1 6DY2

Local Rents

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

RentDateDistanceAddressBeds 
£82503/250.05 mi-2
£67512/240.06 mi-2
£67502/250.06 mi-2
£67512/240.1 miAmbuscade Close, Crewe2
£58012/240.18 mi-2
£75011/230.18 mi-2
£75001/240.18 mi-2
£1,60003/250.2 mi-2
£75001/250.23 mi-2
£65012/240.25 mi-2
£75012/240.26 miHenry Street, Crewe, CW12
£75001/240.3 mi-2
£79501/250.3 mi-2
£69511/240.46 mi-2
£71512/240.5 miMiddlewich Street, Crewe, CW12
£77512/230.52 mi-2
£75003/250.53 mi-2
£95003/250.54 mi-2
£75003/250.57 mi-2
£55012/240.58 miBrook Street, Crewe2
£80003/250.59 mi-2
£87512/240.6 mi-2
£87511/240.61 mi-2

Local Area Statistics

Population in CW1

42,160

Population in Crewe

101,534

Town centre distance

0.39 miles away

Nearest school

0.20 miles away

Nearest train station

0.74 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £135,000

March 27, 2025

Description

  • Chain Free +
  • Full Renovation +
  • New Kitchen +
  • New Bathroom +
  • 2 Large Double Bedrooms +

Whitegates is proud to present this two-bedroom terraced house, which is offered with vacant possession and on a CHAIN-FREE basis. The property benefits greatly from a renovation. The vendor has been extremely meticulous with the upgrades made to the home, including a new kitchen and bathroom with high-spec appliances throughout. With two real double bedrooms and a larger-than-average garden with low maintenance, this property is certainly not one to miss. Viewing appointments available. Contact Whitegates in Crewe for more information.

Ease of access into the Crewe Town Centre, with the train station and bus station in close proximity and plenty of bus stops within touching distance. Additional transport links include easy access to the A500, A530 and the M6.

Crewe Town Centre and Nantwich Road offers an abundance of local amenities, working opportunities as well as sporting facilities. Slightly further to the South West you will find Nantwich, which is a beautiful and historic Town, filled with boutique shops, historical buildings, sporting facilities, bars and restaurants

Well-regarded schools are also within touching distance, with Edleston Primary, Gainsborough Primary and The Oak Academy among some of the primary schools, and high schools include Ruskin, St Thomas Moore and Sir William Stanier. South Cheshire College and the Engineering College are also easily accessible.

Tenure - Freehold
Council Tax Band - A
EPC Rating - D

To comply with legal requirements, all buyers must complete an Anti-Money Laundering (AML) check. If your offer is accepted, you will need to undergo this check through our recommended provider. The fee for the AML check is £48.00, which includes VAT.

Thinking about selling your property? For a FREE valuation from one of our local experts, please call or e-mail our Whitegates office, and we will be happy to assist you with an award winning service.

Agent Details

Whitegates, Crewe

01270 433736

Next Steps?

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