4 Bed Detached House, Refurb/BRRR, Crewe, CW1 3TW, £270,000

Ellis Street, Crewe, CW1 3TW - 3 views - 8 days ago

Auction
Refurb/BRRR
ROI: 3%
~129 m²
+27 photos

ValuationFair Value

Sold Prices£117.5K - £315K
Sold Prices/m²£1.2K/m² - £3K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.1K/m²

Value Estimate

£268,210

 

 

End Value (After Refurb)

£216,835

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£15,700

Refurb Costs

£54,460

Bridging Loan Interest

£7,088

Total Cash In

£146,498

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£216,835

Mortgage (After Refinance)

£162,626

Mortgage LTV

75%

Cash Left In

£146,498

Equity

£54,209

Rent Range

£780 - £3,000

Rent Estimate

£1,363

Running Costs/mo

£970

Cashflow/mo

£393

Cashflow/yr

£4,713

ROI

3%

Gross Yield

6%

Local Sold Prices

45 sold prices from £117.5K to £315K, average is £240K. £1.2K/m² to £3K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£117.5K07/210.44 mi85, Samuel Street, Crewe, Cheshire CW1 3AE4
£205K01/230.52 mi23, Farrier Court, Crewe, Cheshire East CW1 4NY4
£252.5K08/210.55 mi12, Falcon Drive, Crewe, Cheshire CW1 3RX4
£188K03/230.57 mi41, Bateman Close, Crewe, Cheshire East CW1 3DQ4
£158K06/210.57 mi18, Bateman Close, Crewe, Cheshire CW1 3DQ4
£283K10/220.68 mi7, Clayton Close, Crewe, Cheshire East CW1 3QQ4
£180K10/210.73 mi39, Chassagne Square, Crewe, Cheshire CW1 3GJ4
£299.9K08/210.74 mi82, James Atkinson Way, Crewe, Cheshire CW1 3NU4
£255.1K07/210.75 mi11, Rubin Drive, Crewe, Cheshire CW1 3GF4
£285K02/230.75 mi8, Rubin Drive, Crewe, Cheshire East CW1 3GF4
£221K01/210.75 mi17, Rubin Drive, Crewe, Cheshire CW1 3GF4
£255K01/230.75 mi7, Rubin Drive, Crewe, Cheshire East CW1 3GF4
£245.5K02/210.76 mi5, Astbury Close, Crewe, Cheshire CW1 3WY4
£248K01/210.78 mi174, James Atkinson Way, Crewe, Cheshire CW1 3NU4
£215K11/200.78 mi64, James Atkinson Way, Crewe, Cheshire CW1 3NU4
£280K05/230.78 mi4, James Atkinson Way, Crewe, Cheshire East CW1 3NU4
£120K10/200.81 mi141, Queen Street, Crewe, Cheshire CW1 4AW4
£235K04/210.82 mi5, Healey Close, Crewe, Cheshire CW1 4RS4
£130K07/210.83 mi143, Elm Drive, Crewe, Cheshire East CW1 4EN4
£315K04/230.84 mi6, Allman Close, Crewe, Cheshire East CW1 3NY4
£256K09/210.85 mi57, James Atkinson Way, Crewe, Cheshire CW1 3NX4
£235K03/210.85 mi1, James Atkinson Way, Crewe, Cheshire CW1 3NX4
£240K01/210.85 mi85, James Atkinson Way, Crewe, Cheshire CW1 3NX4
£280K02/230.86 mi22, Becconsall Drive, Crewe, Cheshire East CW1 4RU4
£197K02/210.86 mi10, Groby Road, Crewe, Cheshire CW1 4NA4
£210K02/210.87 mi7, Moss Croft, Leighton, Crewe, Cheshire East CW1 4RT4
£205K12/200.89 mi90, Becconsall Drive, Crewe, Cheshire CW1 4RP4
£295K09/210.92 mi5, Parkfield, Crewe, Cheshire CW1 4TT4
£245K08/210.92 mi20, Parkers Road, Crewe, Cheshire CW1 4GA4
£245K02/230.92 mi24, Parkers Road, Crewe, Cheshire East CW1 4GA4
£264K02/230.93 mi39, Mills Way, Leighton, Crewe, Cheshire East CW1 4TF4
£210K03/210.94 mi29, Bleasdale Road, Crewe, Cheshire East CW1 4PZ4
£193K10/200.94 mi5, Bleasdale Road, Crewe, Cheshire CW1 4PZ4
£255K11/220.94 mi17, Bleasdale Road, Crewe, Cheshire East CW1 4PZ4
£240K06/210.95 mi54a, Sydney Road, Crewe, Cheshire East CW1 4HG4
£285K05/210.95 mi77, Mills Way, Leighton, Crewe, Cheshire East CW1 4TF4
£282K01/210.95 mi69, Mills Way, Leighton, Crewe, Cheshire CW1 4TF4
£245K01/230.96 mi5, Thorn Tree Drive, Crewe, Cheshire East CW1 4UA4
£118K06/230.96 mi34, Brook Street, Crewe, Cheshire East CW2 7DF4
£160K06/210.97 mi50, Gainsborough Road, Crewe, Cheshire CW2 7PH4
£214K10/200.99 mi29, Lambourn Drive, Leighton, Crewe, Cheshire CW1 4TL4
£207.5K03/210.99 mi6, Mills Way, Leighton, Crewe, Cheshire CW1 4TG4
£222K03/210.99 mi62, Mills Way, Leighton, Crewe, Cheshire CW1 4TG4
£265K05/231 mi3, Beckford Close, Crewe, Cheshire East CW1 3PT4
£210K04/211 mi47, Beltony Drive, Crewe, Cheshire East CW1 4TX4

Local Rents

35 rents from £780/mo to £3K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£78001/240.26 mi-3
£78012/240.26 mi-3
£78012/240.26 mi-3
£80012/240.26 mi-3
£89503/250.35 mi-3
£90010/240.35 mi-3
£87502/250.38 mi-3
£87502/250.39 mi-3
£85012/240.39 mi-3
£81503/250.4 mi-3
£87512/240.42 miSelworthy Drive, Crewe3
£89512/240.42 miWestbourne Avenue, Crewe3
£89512/240.42 miWestbourne Avenue,3
£1,19511/240.45 mi-3
£1,19512/240.45 mi-3
£1,39512/240.46 mi-4
£1,39512/240.46 mi-4
£2,60012/240.47 mi-4
£2,60012/240.47 mi-4
£2,60012/240.47 mi-4
£1,20002/250.47 mi-3
£1,20003/250.47 mi-3
£1,20002/250.47 mi-3
£89503/250.48 mi-3
£85012/240.5 miCrewe, CW13
£95012/240.51 mi-4
£1,07504/250.51 mi-4
£87512/240.53 mi-3
£90012/240.54 mi-3
£3,00012/240.55 mi-3
£3,00012/240.55 mi-3
£95007/240.56 mi-3
£2,50012/240.57 mi-3
£2,50012/240.57 mi-3
£2,50012/240.57 mi-3

Local Area Statistics

Population in CW1

42,160

Population in Crewe

101,534

Town centre distance

0.88 miles away

Nearest school

0.20 miles away

Nearest train station

1.39 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £270,000

March 28, 2025

Floor Plans

Description

  • NO CHAIN +
  • Auction 2nd of June 2025 +
  • Off Road Parking +
  • Full Of Character +
  • OPEN PLAN LIVING +
  • Annex/Studio/Garage - Extension +
  • Mature Garden +
  • Would Be A Great Investment +
  • Council Tax Band D +
  • ONE OFF OPPORTUNITY HOME +

While the property is in need of renovation, it presents a unique opportunity to breathe new life into this spacious home, allowing you to create a stunning sanctuary filled with character and charm. As you step inside, you’ll be greeted by a generous living area characterized by soaring high ceilings and an abundance of natural light, creating an inviting atmosphere perfect for family gatherings or entertaining friends. The layout flows seamlessly into a cozy reception room, where an adjoining conservatory bathes the space in sunlight, creating the perfect spot to relax and unwind.

Adjoining the living area is a substantial kitchen, complete with a sizable utility room and a convenient WC, providing ample space for both functionality and creativity. Additionally, the flexible layout includes a converted garage that could serve as an additional reception room, home office, or playroom, adaptable to meet your family's evolving needs. For those who appreciate extra storage or workspace, a useful cellar awaits, promising further possibilities.

Ascending to the first floor, you'll discover four generously sized bedrooms. Two of these rooms boast charming bay windows, offering plenty of light, while ensuring each family member has their own private retreat. Completing the upstairs layout is a modern shower room, combining convenience with style.

Step outside to find a large garden plot that, while currently overgrown, holds immense potential for transformation into a vibrant outdoor oasis, perfect for children to play or for garden entertaining.

This large family home is an opportunity to craft your dream dwelling in a location filled with charm. With vision and passion, you can turn this house into the perfect sanctuary for your family. Don’t miss the chance to make it your own!

For sale by public auction at The DoubleTree by Hilton, Etruria Hall Festival Way, Staffordshire, ST1 5BQ on Monday 2nd of June 2025 at 6.30pm. We also offer remote bidding via internet, telephone or proxy

Common Auction Conditions
This property is sold subject to our Common Auction Conditions (a copy is available on request)

Buyers Administration Fee
A buyer’s administration fee of £1,800 inc VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date

Legal Pack
Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendor’s solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them

Viewings
To view this lot, please contact the selling office

Bidding
Please contact our auction department direct on for further information or email . Further details are available in the catalogue -

Addendum
Check the latest addendum at buttersjohnbee.com for any alterations or changes to the catalogue

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction

Reserve
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction

Proof of Identity
To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee. Where a property is due to go to auction, all bidders will be required to register prior to auction

Agent Details

Butters John Bee, Crewe

01270 433339

Next Steps?

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