3 Bed Semi-Detached House, Single Let, Nantwich, CW5 5PW, £165,000

5 Heathside, Nantwich, Cheshire, CW5 5PW - a year ago

BTL
ROI: 5%
~97 m²
+12 photos

ValuationUndervalued

Sold Prices£113K - £450K
Sold Prices/m²£1.4K/m² - £5.4K/m²

 

 

Square Metres

~96.80 m²
Price/m²£1.7K/m²

Value Estimate

£201,300
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£10,250

Total Cash In

£51,500

 

 

Cash Out

 

Rent Range

£925 - £2,750

Rent Estimate

£945

Running Costs/mo

£725

Cashflow/mo

£220

Cashflow/yr

£2,645

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £113K to £450K, average is £245K. £1.4K/m² to £5.4K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£207.5K12/200.03 mi4, Birchwood Drive, Nantwich, Cheshire CW5 6HR3
£310.5K02/210.05 mi2, Penlington Court, Nantwich, Cheshire CW5 6SB3
£360K11/220.08 mi90, Millstone Lane, Nantwich, Cheshire East CW5 5PE3
£290K06/210.08 mi12, Birchwood Drive, Nantwich, Cheshire CW5 6HR3
£255K12/200.1 mi42, Mount Close, Nantwich, Cheshire East CW5 6JJ3
£200K01/210.1 mi8, Mount Close, Nantwich, Cheshire CW5 6JJ3
£255K11/200.12 mi7, Mount Close, Nantwich, Cheshire East CW5 6JJ3
£240K11/200.13 mi102, Birchin Lane, Nantwich, Cheshire East CW5 6ES3
£247.5K03/210.13 mi12, The Crescent, Nantwich, Cheshire East CW5 5ND3
£340K02/210.14 mi93, Millstone Lane, Nantwich, Cheshire CW5 5PH3
£239.9K09/210.14 mi9, Imperial Court, Nantwich, Cheshire CW5 5GN3
£320K11/220.15 mi4, Highfield Drive, Nantwich, Cheshire East CW5 6EU3
£270K06/210.15 mi4, Highfield Drive, Nantwich, Cheshire East CW5 6EU3
£230K02/210.17 mi11, The Broadway, Nantwich, Cheshire CW5 6JH3
£250K01/210.17 mi91, Birchin Lane, Nantwich, Cheshire East CW5 6JZ3
£212K12/200.17 mi77, Birchin Lane, Nantwich, Cheshire East CW5 6JZ3
£450K01/230.18 mi44, Mount Drive, Nantwich, Cheshire East CW5 6JG3
£310K11/220.19 mi7, Highfield Drive, Nantwich, Cheshire East CW5 6EY3
£167K02/210.19 mi19, Scaife Road, Nantwich, Cheshire East CW5 5TS3
£260K03/210.19 mi4, Scaife Road, Nantwich, Cheshire East CW5 5TS3
£215K07/230.21 mi18, Volunteer Fields, Nantwich, Cheshire East CW5 5PP3
£173K02/210.22 mi7, Volunteer Avenue, Nantwich, Cheshire CW5 5PR3
£300K10/210.22 mi5, Coniston Close, Nantwich, Cheshire East CW5 6EZ3
£218K03/230.23 mi22, Alvaston Road, Nantwich, Cheshire East CW5 5TT3
£300K01/230.25 mi39, Crewe Road, Nantwich, Cheshire East CW5 6HX3
£187.4K11/200.25 mi27, Millstone Lane, Nantwich, Cheshire CW5 5PG3
£113K01/210.25 mi30, Albert Street, Nantwich, Cheshire East CW5 5QD3
£168K05/210.27 mi21, Bowyer Avenue, Nantwich, Cheshire East CW5 5PS3
£280K04/210.28 mi1, Whitehouse Lane, Nantwich, Cheshire East CW5 6HG3
£245K10/200.28 mi39, Whitehouse Lane, Nantwich, Cheshire East CW5 6HG3
£167.5K12/220.28 mi59, James Hall Street, Nantwich, Cheshire East CW5 5QE3
£245K11/200.28 mi1, Rookery Close, Nantwich, Cheshire CW5 5SJ3
£257.5K01/210.28 mi39, Brereton Drive, Nantwich, Cheshire East CW5 6HE3
£353K01/230.29 mi4, Brereton Drive, Nantwich, Cheshire East CW5 6HF3
£301K06/210.29 mi10, Brereton Drive, Nantwich, Cheshire East CW5 6HF3
£350K12/220.29 mi45, South Crofts, Nantwich, Cheshire East CW5 5SG3
£177.5K12/220.29 mi65, James Hall Street, Nantwich, Cheshire East CW5 5QE3
£213.7K08/230.33 mi86, Weaver Road, Nantwich, Cheshire East CW5 5NP3
£159.1K01/210.34 mi52, Barony Road, Nantwich, Cheshire East CW5 5QL3
£215K03/210.34 mi97, Hospital Street, Nantwich, Cheshire East CW5 5RU3
£200K04/230.34 mi95, Hospital Street, Nantwich, Cheshire East CW5 5RU3
£136K05/230.34 mi99, Hospital Street, Nantwich, Cheshire East CW5 5RU3
£170K04/210.37 mi6, Wallfields Close, Nantwich, Cheshire East CW5 5HY3
£235K12/210.39 mi41, London Road, Nantwich, Cheshire CW5 6LN3
£280K02/210.4 mi22, Ray Avenue, Nantwich, Cheshire CW5 6HJ3
£310K08/210.4 mi114, London Road, Nantwich, Cheshire East CW5 6LT3
£180K09/210.4 mi15, Wallfields Road, Nantwich, Cheshire CW5 5NT3
£325K02/230.41 mi18, Middlewich Road, Nantwich, Cheshire East CW5 6HL3
£315K01/210.41 mi8, Churches Court, Nantwich, Cheshire CW5 5YN3
£195K09/210.42 mi22, Manor Road, Nantwich, Cheshire East CW5 5NS3

Local Rents

23 rents from £925/mo to £2.8K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£95012/240.08 miBirchwood Drive, Nantwich3
£94012/240.17 mi-3
£1,17502/250.17 mi-3
£1,20012/240.22 miMaisterson Court, Nantwich, Cheshire, CW53
£1,20012/240.41 miPratchitts Row, Nantwich3
£1,10012/240.41 miChurches Court, Nantwich3
£2,75012/240.57 mi-3
£92512/240.59 miSecond Wood Street, Nantwich, Cheshire3
£99512/240.64 miNantwich, Cheshire, CW53
£1,50012/240.66 miRiverside, Nantwich, Cheshire, CW5 5HT3
£1,00012/240.68 miHaydn Jones Drive, Nantwich3
£99512/240.68 miHaydn Jones Drive, Stapeley, Nantwich3
£95012/240.71 miMonck Drive, CW53
£95012/240.74 miHaydn Jones Drive, Nantwich3
£1,10012/240.74 miKings Court Welsh Row, Nantwich, Cheshire, CW5 5DY3
£1,00012/240.76 miTalbot Way, Nantwich3
£1,00012/240.77 miComberbach Drive, Nantwich3
£1,00003/250.78 mi-3
£1,20002/250.79 mi-3
£1,29512/240.95 miThomas Aston Place, Henhull, Nantwich, Cheshire, CW5 6ZD3
£1,00012/241.01 miRobin Drive, Pear Tree Meadows3
£95012/241.09 miMarsh Lane, Nantwich, Cheshire, CW5 5LD3
£1,35012/241.19 miCavalier Road, Henhull, Nantwich, Cheshire, CW5 6ZB3

Local Area Statistics

Population in CW5

29,323

Town centre distance

0.36 miles away

Nearest school

0.20 miles away

Nearest train station

0.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £165,000

December 4, 2024

Listed for £185,000

December 6, 2023

Floor Plans

Description

A double fronted property set in a backwater locality. Particularly convenient to Nantwich Town Centre. Requiring some updating.

A double fronted property set in a backwater locality. Particularly convenient to Nantwich Town Centre. Requiring some updating.

Summary - Entrance Hall, Lounge, Kitchen, Dining Room, First Floor, Three Bedrooms, Bathroom, Rear enclosed Yard

Description - The property being of brick construction under a Marley tiled roof which was redone around 5 years ago. Internally, the property has been maintained but is now ready for some updating. The kitchen was improved more recently with integrated appliances but the bathrooms need updating.
Please note there is no allocated parking at the property.

Directions - From our Nantwich office, proceed along Beam Street past the fire station. At the traffic lights turn right into Millstone Lane, take the second left into Heathside, following signs for Potters Yard. The property is situated on the left hand side.

Location And Amenities - Nantwich town centre is only a matter of minutes walk away via Millstone Lane, Beam Street to the Square. There is an array of shopping facilities, in particular M&S Food Store, Doctors Surgery and chemist close at hand. There is a bus stop directly in Millstone Lane. Crewe, with its intercity railway network, being the larger centre. Junction 16 of the M6 being 10 miles.

Entrance Hall -

Accommodation - With approximate measurements comprises:

Living Room - 4.70m x 4.57m (15'5" x 15'0") - Exposed brick working fireplace, radiator, three double glazed windows, built in understairs store cupboard, TV and telephone points.

Open To Dining Area - 3.71mx 2.87m (12'2"x 9'5") - Radiator, double glazed window, built in store cupboards, TV point, personal door to side, open plan to : -

Kitchen - 3.18m x 2.87m (10'5" x 9'5") - Range of cream coloured units, base units, work surfaces, gas hob unit, stainless steel extractor hood, electric hob/oven, breakfast bar, plumbing for washing machine, recess for fridge, wall mounted combination gas boiler for central heating and domestic hot water, two double glazed windows, four wall cupboards.

Stairs Leading From Hall To First Floor -

Bedroom - 3.68m x 3.68m (12'1" x 12'1") - Radiator, double glazed window, TV point.

Bedroom (Rear) - 3.66m x 2.74m (12'0" x 9'0") - Radiator, two windows

Bedroom - 3.51m x 2.87m (11'6" x 9'5") - Radiator, double glazed window.

Shower Room - Vanity wash basin, low level WC, shower cubicle, heated chrome towel rail, double glazed window, half tiled walls, access to loft.

Outside - Rear walled yard area.
Please note there is no allocated parking at the property.

Council Tax - Band B.

Services - All mains services are connected to the property.
N.B. Tests have not been made of electrical, water, drainage and heating systems and associated appliances, nor confirmation obtained from the statutory bodies of the presence of these services. The information given should therefore be verified prior to a legal commitment to purchase.

Tenure - FREEHOLD

Viewing - By appointment with Baker Wynne and Wilson
Tel:

Agent Details

Baker Wynne & Wilson, Nantwich

01270 433241

Next Steps?

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