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Stewart Street, Crewe

North West

£80,000
Listed on 26/04/2025

Property Details

Bedrooms
2
Type
Flat
Area
624 sqft

Description

This two-bedroom flat presents a compelling opportunity for those looking to invest or create their ideal living space through renovation. Situated in a vibrant urban area, the property benefits from proximity to essential amenities, including public transport links, schools, parks, and various local shops. While the flat is currently in need of modernisation, this offers a unique chance for buyers to infuse their personal style into the property or for investors to undertake a profitable refurbishment project. The layout includes two spacious double bedrooms, a family bathroom, and an open-plan kitchen connected to a generous reception area that receives abundant natural light through large windows. The first-floor positioning enhances privacy and accessibility. The open-plan design of the kitchen and reception room promotes a sense of community, making it ideal for both entertaining guests and enjoying quiet family moments. Additionally, this property includes parking—a valuable asset in this bustling neighborhood. With an EPC rating of 'C', the flat promises energy efficiency and potential savings on utility costs. The council tax band 'A' further supports its appeal as an economical investment choice. Furthermore, this property is being sold with no onward chain, streamlining the purchasing process. With 980 years remaining on the leasehold, as well as manageable ground rent and service charge costs awaiting confirmation, this flat combines solid potential with practical considerations. It's an opportunity not to be missed for those looking to secure a property that can truly reflect their vision or yield returns through strategic investment.

Investment Analysis

(CW2 area)

Below Market Value

This property is priced -45.1% below area average per sq ft

-45.1%
Potential saving
This Property
£128/sq ft
Area Average
£234/sq ft
Avg Rent (weekly)
£204
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£160,412
10% above area average per sq ft
Potential ROI
+52.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (CW2)

Area prices are rising by +4.0% over the last 12 months
3 year growth: -1.7%
5 year growth: 15.6%
Investment Disclaimer: Analysis based on CW2 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.

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Location

Stewart Street, Crewe
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