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Newfield Drive, Crewe

North West

£170,000
Listed on 20/03/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
765 sqft

Description

This three-bedroom home offers a solid foundation for those looking to invest in a property with great renovation potential. Upon entering, you are greeted by a spacious hallway that opens into a large living and dining area, ideal for creating comfortable spaces for both everyday living and entertaining guests. The kitchen is conveniently located at the heart of the home, providing a practical layout ripe for updates. At the rear, a sizable conservatory enhances the property’s appeal by introducing an additional versatile area that seamlessly connects to the garden, making it suitable for use throughout the year. This feature can be transformed into a stunning indoor-outdoor space with some thoughtful renovations. The upper level houses three generously sized bedrooms, each with potential for customization to suit personal preferences and styles. The family bathroom completes this floor, offering ample space to meet daily needs while presenting an opportunity for modernization. Externally, the property includes a garage along with a large driveway that accommodates off-road parking for multiple vehicles—a notable advantage in any residential setting. Both front and rear gardens offer extensive outdoor space that can be reimagined for landscaping or recreational purposes. While some updating is required throughout the home, this property stands out due to its spaciousness, prime location, and abundant potential. It’s an excellent opportunity for buyers eager to invest in transforming this house into their personalized dream residence or seeking long-term value in an evolving neighborhood.

Investment Analysis

(CW1 area)

Below Market Value

This property is priced -1.2% below area average per sq ft

-1.2%
Potential saving
This Property
£222/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£213
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£189,338
10% above area average per sq ft
Potential ROI
-13.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (CW1)

Area prices are rising by +7.0% over the last 12 months
3 year growth: 1.4%
5 year growth: 25.1%
Investment Disclaimer: Analysis based on CW1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Newfield Drive, Crewe
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£623
Based on a loan of £127,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE