Cromer Drive, CREWE, Cheshire, CW1
BR

Cromer Drive, CREWE, Cheshire, CW1

By Bridgfords

£ 60,000

Reviews

2 out of 5 stars

Bridgfords says ..

Welcome to 19 Cromer Drive! This charming studio flat in Crewe offers a fantastic opportunity for investors. Located in a popular residential area, the flat is currently tenanted with a monthly rental income of £650, providing an immediate return on investment. This provides a fantastic 13%...

Property Oracle says ..

This property is a one-bedroom flat located on Cromer Drive in Crewe, Cheshire. The flat itself appears reasonably well-maintained, although some cosmetic updates might improve its presentation. The kitchen and bathroom appear functional. The images show a simple, functional layout. A key selling point is the availability of good transport links in Crewe, and the presence of several schools nearby. However, the property lacks any significant amount of outdoor space, and the specific plot size is unrecorded which is a concern. The price point of £60,000 needs to be considered in relation to the property’s size, exact condition, and the overall Crewe housing market. Nearby similar properties are on the market for very similar, and even cheaper prices, however, these are mostly flats and the immediate surrounding properties have a significantly higher average price. Further investigation into the specific details of this property is necessary before a conclusive assessment can be made. A potential buyer should conduct a thorough property survey and compare this property with other comparable flats and houses in the immediate vicinity.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
6
Land
2
Bedrooms
1
Bathrooms
1
Sqft (est)
282.01

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
178,556.00 £
Increased by 15.77 %
from 154,235.00 £
Est sale value
51,043.81 £
Decreased by 13.81 %
from 59,222.10 £
Average area rental value
897.00 £/mo
Increased by 12.97 %
from 794.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 282.01 £/mo
Est rental Yield
6.03 %
Decreased by 2.43 %
from 6.18 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Bridgfords marked this listing as sold.

  • Bridgfords created the listing.

Nearby Schools

NameTypeOfstedDistance
Mablins Lane Community Primary SchoolCommunity SchoolGood0.44 KM
St Michael'S Community AcademyAcademy Sponsor LedRequires improvement0.70 KM
Oaktree Children'S CentreChildren's Centre1.44 KM
Underwood West AcademyAcademy ConverterGood1.53 KM
Adelaide SchoolAcademy Special ConverterOutstanding1.56 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Adderley Close £ 175,00000.00 KM
Nutfield Avenue £ 140,00000.00 KM
Parkers Road £ 190,00000.00 KM
Ashmuir Close £ 205,99500.00 KM
Windsor Avenue £ 180,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Crewe1243CRE3.50 KM
Sandbach1261SDB7.48 KM
Nantwich1247NAN9.44 KM
Winsford2269WSF9.64 KM

Nearby Listings

AddressPriceTypeScoreDistance
Cromer Drive, CREWE, Cheshire, CW1 £ 60,000BUY5 / 100.00 KM
Cromer Drive, Crewe, Cheshire, CW1 £ 180,000BUYUnknown0.01 KM
Cromer Drive, Crewe £ 165,000BUY6 / 100.04 KM
Selsey Close, Crewe £ 250,000BUY6 / 100.10 KM
Wareham Drive, Crewe £ 160,000BUYUnknown0.15 KM

Nearby Properties

AddressPriceDistance
30 Cromer Drive £ 47,7500.00 KM
31 Cromer Drive £ 54,5000.00 KM
37 Cromer Drive £ 41,0000.00 KM
25 Cromer Drive £ 47,5000.00 KM
45 Cromer Drive £ 45,0000.00 KM