2 bedroom apartment for sale

£165,000

2

Bedrooms

2

Bathrooms

Floorplan

Whitegates in Crewe is pleased to present this stylish two-bedroom apartment. The property benefits from ground floor accommodation and features an ensuite bathroom, and allocated parking. Well-presented throughout and spacious. Boasting an impressive energy efficient rating and offering low maintenance. Located in the desirable village of Shavington, just minutes from the centre of both Crewe & Nantwich, this beautifully presented apartment offers a perfect blend of comfort, convenience, and modern living, with easy access to the railway station and the M6 motorway. Viewing appointments available. Contact Whitegates for more information.

Step into a bright and spacious open-plan living area, ideal for both relaxing and entertaining. The contemporary kitchen is fully fitted with integrated appliances, offering a sleek and functional space for cooking and dining.

The property boasts two generous bedrooms, including a master with a private ensuite, alongside a modern family bathroom. Large windows flood the space with natural light, creating a warm and inviting atmosphere throughout.

Additional highlights include:

Allocated parking space plus visitor bays and bike store.

Secure, well-maintained development.

Ideal for first-time buyers, downsizers, or investors

Easy access to Crewe station, local schools, shops, and transport links

This ground floor home offers a fantastic opportunity to enjoy a quiet location with modern convenience.

To comply with legal requirements, all buyers must complete an Anti-Money Laundering (AML) check. If your offer is accepted, you will need to undergo this check through our recommended provider. The fee for the AML check is 48.00, which includes VAT.

Thinking about selling your property? For a FREE valuation from one of our local experts, please call or e-mail our Whitegates office, and we will be happy to assist you with an award winning service

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 130575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 4125
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 6825
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

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  %
£
  %

This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

£

Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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