30 Frank Webb Avenue, Crewe, Cheshire

Description

By Order of a Housing Association. GIA approximately 87.3 sq m (940 sq ft). Front and rear gardens.

Accommodation

Ground floor: two reception rooms, kitchen and utility room. First floor: three bedrooms and bathroom.

Location

The property is situated on the east of Frank Webb Avenue. Shops and amenities are available within Crewe town centre. Crewe rail station is 1.8 miles to the south east. The A530 is to the west and M66 motorway to the east. Queens Park is nearby.

Tenure / Property Information

Investment Analysis

The £92,000 and £113,000 sales on the same avenue in 2020 provide the strongest evidence. A further same-road sale was £84,000 in 2016. Using the two 2020 sales as a simple indication gives a base GDV of £102,500, with a £92,000–£113,000 evidence range. The sales are dated, and the property's current condition, EPC, heating and parking are not supplied, so this is an indicative range rather than a formal valuation.

Investment Snapshot

Strategy Recommendation

Conditional BTL or BRRR consideration only after a full inspection, confirmation of achievable rent and verification of all auction and project costs. Do not rely on the guide-to-GDV spread alone.

Works Required

No specific defects or required works are evidenced. Obtain a full inspection and assess the kitchen, utility room, bathroom, finishes, services, gardens and general condition before budgeting any refurbishment.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

The indicative base GDV of £102,500 implies 75% refinancing of £76,875. However, refurbishment costs, auction charges and the complete project cost are unknown, so cash left in, equity and BRRR viability cannot be reliably calculated. The strategy depends on inspection confirming that the property can reach the indicated value range.

Buy-to-Let Analysis

At the £65,000 guide, the single advertised £1,050 pcm three-bedroom Crewe rental listing implies annual rent of £12,600 and a gross yield of approximately 19.38% before costs. This is an asking rent, not achieved rent, and is not confirmed as a direct comparable for this property. Net yield and all-in return cannot be established because works, finance, buyer/admin charges and other costs are unavailable.

Flip Analysis

The dated same-road evidence supports an indicative resale range of £92,000–£113,000, with a £102,500 base scenario. A flip surplus cannot be calculated because refurbishment costs, selling costs and auction charges are not supplied.

Investor Risks & Due Diligence

• Current property condition and refurbishment requirements are unknown.

• The rental evidence is one advertised asking rent and is not confirmed as an achieved or property-specific rent.

• Comparable sales are from 2020 or earlier and may not reflect current market value.

• Buyer premium, admin charge and other possible seller or third-party fees are unspecified.

• EPC, council tax, parking and heating information are not supplied.

Recommendation

Conditional BTL or BRRR consideration only after a full inspection, confirmation of achievable rent and verification of all auction and project costs. Do not rely on the guide-to-GDV spread alone.

Strategy Rating

Analysis Confidence

There are two useful same-road 2020 sales and one advertised rental listing, but the sales are dated and condition, EPC, heating, parking, works, buyer charges and other costs are not evidenced.