6 Bed HMO, Crewe, CW2 7LE, £160,000

Walthall Street, Crewe, CW2 7LE - 11 views - 8 days ago

HMO
ROI: 27%
~186 m²
+3 photos

ValuationUndervalued

Sold Prices£117K - £530K
Sold Prices/m²£1K/m² - £3.7K/m²

 

 

Square Metres

~186 m²
Price/m²£860/m²

Value Estimate

£196,800
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£9,200

Total Cash In

£49,200

 

 

Cash Out

 

Room Rate

£468

Gross Rent

£2,808

Running Costs/mo

£1,698

Cashflow/mo

£1,110

Cashflow/yr

£13,323

ROI

27%

Gross Yield

21%

Local Sold Prices

48 sold prices from £117K to £530K, average is £255K. £1K/m² to £3.7K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£185K11/210.05 mi159, Ruskin Road, Crewe, Cheshire CW2 7JX4
£160K06/210.15 mi50, Gainsborough Road, Crewe, Cheshire CW2 7PH4
£117K01/230.18 mi83, Brooklyn Street, Crewe, Cheshire East CW2 7JE4
£225K12/200.2 mi34, Lunt Avenue, Crewe, Cheshire CW2 7LZ4
£205K02/230.26 mi20, Kingsway, Crewe, Cheshire East CW2 7NB4
£235K05/230.26 mi27, Kingsway, Crewe, Cheshire East CW2 7NB4
£118K06/230.26 mi34, Brook Street, Crewe, Cheshire East CW2 7DF4
£150K07/210.44 mi267, Nantwich Road, Crewe, Cheshire CW2 6PF4
£212.5K04/210.44 mi273, Nantwich Road, Crewe, Cheshire East CW2 6PF4
£188K03/230.54 mi41, Bateman Close, Crewe, Cheshire East CW1 3DQ4
£158K06/210.54 mi18, Bateman Close, Crewe, Cheshire CW1 3DQ4
£135K06/230.57 mi141, Stewart Street, Crewe, Cheshire East CW2 8LZ4
£295K01/210.58 mi41, Dane Bank Avenue, Crewe, Cheshire CW2 8AE4
£290K03/230.59 mi6, Brownlees Close, Crewe, Cheshire East CW2 8AT4
£217.5K10/230.59 mi1, Albion Street, Crewe, Cheshire East CW2 8NB4
£277.5K11/200.6 mi7, Blunstone Close, Crewe, Cheshire CW2 8LS4
£250K03/210.62 mi4, Langley Drive, Crewe, Cheshire CW2 8LN4
£269K11/200.62 mi82, Langley Drive, Crewe, Cheshire CW2 8LN4
£310K02/240.62 mi329, Nantwich Road, Crewe, Cheshire East CW2 6PD4
£300.5K02/230.64 mi124, Valley Road, Wistaston, Crewe, Cheshire East CW2 8LE4
£117.5K07/210.67 mi85, Samuel Street, Crewe, Cheshire CW1 3AE4
£530K12/230.68 mi2, Manor Avenue, Crewe, Cheshire East CW2 8BB4
£270K12/220.7 mi6, Langley Drive, Crewe, Cheshire East CW2 8LN4
£192K01/210.71 mi16, Stanhope Avenue, Crewe, Cheshire CW1 6ED4
£221K06/210.74 mi3, Nursery Close, Coppenhall, Crewe, Cheshire CW2 8GF4
£261K07/230.74 mi74, Sandhurst Avenue, Wistaston, Crewe, Cheshire East CW2 8FB4
£260K04/210.75 mi106, Valley Road, Wistaston, Crewe, Cheshire CW2 8LA4
£326K01/210.76 mi66, Millrace Drive, Wistaston, Crewe, Cheshire East CW2 6XA4
£365K11/220.8 mi17, Swallowfield Close, Wistaston, Crewe, Cheshire East CW2 6XB4
£299K06/210.8 mi3, Petworth Close, Wistaston, Crewe, Cheshire East CW2 6XJ4
£272K11/200.83 mi1, Rufford Close, Wistaston, Crewe, Cheshire East CW2 6XP4
£288K03/210.83 mi57, Charlcote Crescent, Wistaston, Crewe, Cheshire East CW2 6UH4
£192.3K09/210.84 mi7, Dairy House Way, Crewe, Cheshire CW2 8QD4
£200K01/230.85 mi23, Woodside Avenue, Wistaston, Crewe, Cheshire East CW2 8AL4
£275K03/210.85 mi65, Woodside Avenue, Wistaston, Crewe, Cheshire CW2 8AL4
£277.5K12/200.85 mi22, Millrace Drive, Wistaston, Crewe, Cheshire CW2 6XG4
£375K09/230.87 mi7, Heathergate Place, Wistaston, Crewe, Cheshire East CW2 6SZ4
£275K11/200.87 mi2, Heathergate Place, Crewe, Cheshire CW2 6SZ4
£250K02/230.9 mi85, Hungerford Road, Monks Coppenhall, Crewe, Cheshire East CW1 5EY4
£465K03/210.92 mi21, Broughton Lane, Wistaston, Crewe, Cheshire CW2 8JR4
£230K02/210.92 mi589, Crewe Road, Wistaston, Crewe, Cheshire East CW2 6PU4
£275K06/210.94 mi8, Barnwell Close, Crewe, Cheshire CW2 6TG4
£340K05/230.95 mi16, Westbury Close, Wistaston, Crewe, Cheshire East CW2 6TY4
£247.5K11/200.95 mi2, Hanbury Close, Wistaston, Crewe, Cheshire CW2 6TF4
£335K11/220.95 mi10, Wilderhope Close, Crewe, Cheshire East CW2 6TZ4
£500K02/230.97 mi1, Willows Close, Wistaston, Crewe, Cheshire East CW2 6TD4
£120K10/200.97 mi141, Queen Street, Crewe, Cheshire CW1 4AW4
£187K07/211 mi1, Prior Close, Wistaston, Crewe, Cheshire East CW2 8DN4

Local Area Statistics

Population in CW2

40,752

Population in Crewe

101,534

Town centre distance

0.46 miles away

Nearest school

0.10 miles away

Nearest train station

0.55 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £160,000

March 27, 2025

Description

  • HMO License +
  • Private Garden +
  • Great Location +
  • Great Investment Opportunity +
  • Close To Local Amenities +
  • 6 Bedroom +

The property offers a versatile and spacious layout ideal for families or investors. Located in a popular residential area with convenient access to local amenities and the mainline railway station, this property presents a fantastic opportunity.

The ground floor features a welcoming reception hall, a comfortable sitting room, a functional kitchen, and a convenient downstairs shower room and a separate WC add to the practicality. Additionally, there are two bedrooms on this level, providing flexibility for various living arrangements.

Ascending to the first floor, you will find four additional bedrooms, each providing plenty of natural light and space for personalization. A well situated bathroom completes the first floor, catering to the needs of all occupants.

The outside area features a secure walled rear yard, ideal for outdoor dining or relaxation. The property also boasts double access gates at the rear, allowing for off-road parking for several vehicles.

This property presents a fantastic opportunity for investors or large families. Contact us today to book a viewing and explore the potential of this versatile home.

Monthly rents are:
£390
£370
£370
£365
£340
£345
£26,160 per year.

Agent Details

Butters John Bee, Crewe

01270 433339

Next Steps?

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