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See how verdicts work2-bedroom flat · CW1 3EJ
Listing removedListed 51 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*landlords only - superb rental opportunity with A sitting tenant and A 9% yield!* Found as part of a popular development on the outskirts of Crewe town centre, this top floor and larger than average apartment boasts plentiful living space and two large double bedrooms in addition to two bathrooms and an allocated parking space.
A fantastic find for any aspiring first-time buyers or buy to let investors with its 9% gross rental yield, equating to a 7.8% net yield when associated leasehold fees are taken into account.
The accommodation briefly comprises; a large separate lounge, spacious kitchen/diner with integrated oven and gas hobs, master bedroom with access off to a shower room ensuite, second double bedroom, a three-piece suite family bathroom, and finished with two separate storage cupboards.
The property is part of a small block of only 6 apartments and is accessed via a communal entrance with stairs leading up to the top floor.
There is one allocated parking space and the estate itself is located only a short walk from Crewe town centre and all necessary amenities.
To arrange a viewing or for more information then please contact Lewis King Estate Agents at your earliest convenience!
Lounge (3.9 x 4.2 (12'9" x 13'9")) Kitchen/Diner (4.2 x 3.3 (13'9" x 10'9")) Bedroom One (3 x 4.2 (9'10" x 13'9")) Bedroom Two (3 x 3.1 (9'10" x 10'2")) Bathroom (2.2 x 1.8 (7'2" x 5'10"))
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 5, Norris House, Crewe
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