3 Bed Terraced House, Planning Permission, Crewe, CW2 5DU, £250,000

Main Road, Shavington, Cheshire, CW2 5DU - a year ago

Sold STC
Planning
ROI: 2%
~93 m²
+21 photos

ValuationFair Value

Sold Prices£108K - £395K
Sold Prices/m²£1.7K/m² - £3.6K/m²

 

 

Square Metres

~93 m²
Price/m²£2.7K/m²

Value Estimate

£249,948

 

 

End Value (After Refurb)

£232,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£13,700

Refurb Costs

£39,324

Bridging Loan Interest

£6,563

Total Cash In

£123,837

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£232,500

Mortgage (After Refinance)

£174,375

Mortgage LTV

75%

Cash Left In

£123,837

Equity

£58,125

Rent Range

£925 - £1,995

Rent Estimate

£1,150

Running Costs/mo

£977

Cashflow/mo

£173

Cashflow/yr

£2,081

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £108K to £395K, average is £202.8K. £1.7K/m² to £3.6K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£187K02/240.07 mi11, Lords Mill Road, Shavington, Crewe, Cheshire East CW2 5ET3
£185K11/200.07 mi21, Lordsmill Road, Shavington, Crewe, Cheshire CW2 5ET3
£195K01/210.1 mi41, Lordsmill Road, Shavington, Crewe, Cheshire CW2 5HB3
£160K01/240.1 mi33, Lords Mill Road, Shavington, Crewe, Cheshire East CW2 5HB3
£210K03/240.11 mi8, Talbot Close, Shavington, Crewe, Cheshire East CW2 5EU3
£193.5K06/230.15 mi49, Barons Road, Shavington, Crewe, Cheshire East CW2 5EP3
£165K07/210.16 mi91, Greenfields Avenue, Shavington, Crewe, Cheshire CW2 5HE3
£175K10/200.16 mi65, Greenfields Avenue, Shavington, Crewe, Cheshire East CW2 5HE3
£220K08/230.17 mi6, Mercian Close, Shavington, Crewe, Cheshire East CW2 5ES3
£230K12/220.19 mi60, Ashcroft Avenue, Shavington, Crewe, Cheshire East CW2 5HN3
£189K09/230.19 mi84, Ashcroft Avenue, Shavington, Crewe, Cheshire East CW2 5HN3
£150K01/210.19 mi84, Ashcroft Avenue, Shavington, Crewe, Cheshire East CW2 5HN3
£145K08/210.22 mi8, Galway Grove, Shavington, Crewe, Cheshire CW2 5HL3
£199K02/210.23 mi2, Montrose Close, Shavington, Crewe, Cheshire CW2 5HT3
£207K12/200.23 mi55, Ashcroft Avenue, Shavington, Crewe, Cheshire East CW2 5HW3
£275K08/230.24 mi15, Osborne Grove, Shavington, Crewe, Cheshire East CW2 5BY3
£390K10/230.24 mi62, Osborne Grove, Shavington, Crewe, Cheshire East CW2 5BY3
£172K02/230.24 mi27, Knights Way, Shavington, Crewe, Cheshire East CW2 5HU3
£255K08/230.24 mi30, Knights Way, Shavington, Crewe, Cheshire East CW2 5HU3
£270K12/220.24 mi20, Godwin Crescent, Shavington, Crewe, Cheshire East CW2 5EN3
£205K08/210.25 mi83, Crewe Road, Shavington, Crewe, Cheshire CW2 5JA3
£172K07/210.25 mi73, Crewe Road, Shavington, Crewe, Cheshire CW2 5JA3
£230K03/210.25 mi63, Crewe Road, Shavington, Crewe, Cheshire CW2 5JA3
£150K02/230.26 mi11, Cromwell Drive, Shavington, Crewe, Cheshire East CW2 5EJ3
£120K06/210.27 mi321, Newcastle Road, Shavington, Crewe, Cheshire East CW2 5EA3
£200.5K02/230.27 mi349, Newcastle Road, Shavington, Crewe, Cheshire East CW2 5EA3
£395K03/210.27 mi383a, Newcastle Road, Shavington, Crewe, Cheshire CW2 5EA3
£190K12/200.27 mi302, Newcastle Road, Shavington, Crewe, Cheshire CW2 5EA3
£163.5K07/210.27 mi311, Newcastle Road, Shavington, Crewe, Cheshire East CW2 5EA3
£108K04/210.27 mi329, Newcastle Road, Shavington, Crewe, Cheshire East CW2 5EA3
£210K02/230.27 mi328, Newcastle Road, Shavington, Crewe, Cheshire East CW2 5EA3
£227.5K08/230.27 mi11, Main Road, Shavington, Crewe, Cheshire East CW2 5DY3
£230K01/230.32 mi16, Vine Tree Avenue, Shavington, Crewe, Cheshire East CW2 5BS3
£148K08/210.34 mi27, Wessex Close, Shavington, Crewe, Cheshire CW2 5HX3
£215K01/240.34 mi2, Wessex Close, Shavington, Crewe, Cheshire East CW2 5HX3
£267K01/240.38 mi8, Woodnoth Drive, Shavington, Crewe, Cheshire East CW2 5BN3
£270K07/230.38 mi22, Woodnoth Drive, Shavington, Crewe, Cheshire East CW2 5BN3
£240K02/230.39 mi2, Northfield Place, Shavington, Crewe, Cheshire East CW2 5BL3
£220K11/200.41 mi7, Dig Lane, Wybunbury, Nantwich, Cheshire CW5 7EZ3
£230K09/230.42 mi1, South Bank Avenue, Shavington, Crewe, Cheshire East CW2 5BP3
£180K02/210.42 mi10, South Bank Avenue, Shavington, Crewe, Cheshire East CW2 5BP3
£181K04/210.42 mi12, South Bank Avenue, Shavington, Crewe, Cheshire CW2 5BP3
£170K03/210.46 mi38, Woodnoth Drive, Shavington, Crewe, Cheshire East CW2 5BW3
£263K04/210.47 mi130, Crewe Road, Shavington, Crewe, Cheshire East CW2 5DL3
£176K01/210.48 mi1, Chestnut Avenue, Shavington, Crewe, Cheshire East CW2 5BJ3
£170K03/210.48 mi20, Chestnut Avenue, Shavington, Crewe, Cheshire East CW2 5BJ3
£325K06/210.52 mi80, Stock Lane, Wybunbury, Nantwich, Cheshire East CW5 7EX3
£340K03/210.52 mi82, Stock Lane, Wybunbury, Nantwich, Cheshire East CW5 7EX3
£345K12/220.59 mi106, Stock Lane, Wybunbury, Nantwich, Cheshire East CW5 7EX3
£292K09/230.65 mi19, Weston Lane, Shavington, Crewe, Cheshire East CW2 5AN3

Local Rents

10 rents from £925/mo to £2K/mo, average is £985/mo.

RentDateDistanceAddressBeds 
£97512/240.17 mi-3
£97512/240.17 miGreenfields Avenue, Nantwich, CW23
£92512/240.33 mi-3
£97512/240.42 miTamwell Road, Shavington, Crewe, Cheshire, CW23
£1,99504/250.85 mi-3
£1,00002/250.91 mi-3
£99512/241.09 miRope Lane, Wistaston, Crewe, Cheshire, CW23
£97512/241.14 miBroadleigh Way, Wistaston3
£1,28012/241.16 mi-3
£1,15012/241.22 miCoppice Road3

Local Area Statistics

Population in CW2

40,752

Population in Crewe

101,534

Town centre distance

2.43 miles away

Nearest school

0.40 miles away

Nearest train station

2.05 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £250,000

February 22, 2024

Floor Plans

Description

  • Three Bedroom End Terrace Cottage In Popular Village Location +
  • NO CHAIN / Two Reception Rooms / Extensive Garden 'Double Plot' +
  • Potential Infill Plot to Side Subject to Obtaining Planning Permission +
  • For Sale By Informal Tender Fri 12.04.24 at 12 Noon - Guide Price: £260,000 - £295,000 +
  • Suitable For Extension & Enhancement Throughout +
  • EPC Rating: E +

NO CHAIN. Guide Price: £250,000 - £275,000.
An excellent opportunity to acquire a deceptively spacious Three Bed End Terrace Period Cottage of considerable appeal nestled within a popular village location. There is a large garden creating a ‘double plot’ which has planning potential (possible ‘infill’ plot subject to necessary planning approval). There is also ample potential to enlarge the existing footprint of the cottage by extending if required & subject to necessary consents. Suitable for sympathetic improvement & enhancement throughout and would be an utterly delightful property to enjoy as a long term village home & add your own ‘stamp’ to.

Directions - Proceed out of Nantwich along London Road and continue over the level crossing & through the traffic lights to the large roundabout. Take the last exist onto Newcastle Road. Turn left into Main Road, just after ‘The Elephant’ public house & continue towards the village.
The property will be observed on the left hand side.

Description - An excellent opportunity to acquire an extremely charming deceptively spacious Three Bedroom End Terrace Period Cottage of considerable appeal nestled within a popular village location.
Interestingly there is a large garden to the side creating a ‘double plot’ which has planning potential as a possible ‘infill’ plot subject to necessary planning permissions & consents etc.
There is also ample potential to enlarge the existing footprint of the cottage by adding an extension if required & subject to necessary consents.
The property is suitable for sympathetic improvement & enhancement throughout and would be an utterly delightful property to enjoy as a long term village home & add your own ‘stamp’ to.
Viewing is strongly recommended.

NO CHAIN

Shavington - The South Cheshire village of Shavington is ideally placed some 3 miles from Crewe with its mainline rail service, and approx 3 miles from the historic market town of Nantwich. Shavington has local shops for day to day needs, doctor's surgery, primary & senior schools and recreational facilities. Shavington Primary School, Southbank Avenue, Shavington, Crewe, Cheshire, CW2 5BP. Tel: , or Shavington High School, Rope Lane, Shavington, Crewe, Cheshire, CW2 5DH. Tel: . The Welsh Marches railway line, the A500 trunk road and Newcastle Road (the former route of the A500), all run East - West through the council parish; the A500 has a junction at SJ707527. The B5071 (Crewe Road) runs North-South from Crewe to Wybunbury. A network of lanes connect the B5071 with adjacent villages; these include Gresty Lane, which runs Westwards to Rope & Willaston; and Weston Lane, which runs Eastwards to Basford and Weston.

Nantwich - Nantwich is a charming market town set beside the River Weaver with a rich history, a wide range of speciality shops & 4 supermarkets. Nantwich in Bloom in November 2015 was delighted to have once again scooped the prestigious Gold award from the Britain in Bloom competition. In Cheshire, Nantwich is second only to Chester in its wealth of historic buildings. The High Street has many of the town's finest buildings, including the Queen's Aid House and The Crown Hotel built in 1585. Four major motorways which cross Cheshire ensure fast access to the key commercial centres of Britain and are linked to Nantwich by the A500 Link Road. Manchester Airport, one of Europe's busiest and fastest developing, is within a 45 minute drive of Nantwich. Frequent trains from Crewe railway station link Cheshire to London-Euston in only 1hr 30mins. Manchester and Liverpool offer alternative big city entertainment. Internationally famous football teams, theatres and concert halls are just some of the many attractions.

The Accommodation:- - With approximate dimensions comprises;

Porch -

Entrance Hall -

Living Room - (3.61m x 3.61m) ((11'10 x 11'10)) -

Dining Sitting Room - (5.59m x 3.40m max) ((18'4 x 11'2 max)) -

Kitchen - (3.40m x 2.79m) ((11'2 x 9'2)) -

First Floor Landing -

Bedroom One - (3.61m x 3.61m) ((11'10 x 11'10)) -

Bedroom Two - (3.61m x 3.40m) ((11'10 x 11'2)) -

Bedroom Three - (1.91m x 1.80m) ((6'3 x 5'11)) -

Bathroom -

Exterior - Garage: (15'5 x 8'2)
Store: ((10'10 x 8'10) with WC.

Epc Rating: E -

Council Tax Band: C -

Services - All mains gas, water, drainage & electricity services are connected or available locally (subject to statutory undertakers costs & conditions). Gas central heating. NOTE: No tests have 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.

Tenure - Freehold with vacant possession upon completion (Subject to Contract).

Viewing - Strictly by appointment with the Agents Wright Marshall Nantwich Office. Tel:
E-mail: . Opening Hours: Mon-Fri 9.00-5.30pm, Sat 9.00-4.00pm.

Sales Particulars & Plans - The sale particulars and plan/s have been prepared for the convenience of prospective purchasers and, whilst every care has been taken in their preparation, their accuracy is not guaranteed nor, in any circumstances, will they give grounds for an action in law.

Copyright & Distribution Of Information - You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the Agent's/website owner's express prior written consent.

All Measurements - All measurements are approximate and are converted from the metric for the convenience of prospective purchasers. The opinions expressed are those of the selling agents at the time of marketing and any matters of fact material to your buying decision should be separately verified prior to an exchange of contracts.

Market Appraisal - "Thinking of Selling"? Wright Marshall have the experience and local knowledge to offer you a free marketing appraisal of your own property without obligation. Budgeting your move is probably the first step in the moving process. It is worth remembering that we may already have a purchaser waiting to buy your home.

Financial Advice - We can help you fund your new purchase with mortgage advice!

Contact one of our sales team today on , pop in to chat further at our friendly Nantwich Office at 56 High Street, Nantwich, Cheshire, CW5 5BB or email us if this is more convenient initially on; , so we can discuss your requirements further

For whole of market mortgage advice with access to numerous deals and exclusive rates not available on the high street, please ask a member of the Wright Marshall, Nantwich team for more information.
Your home may be repossessed if you do not keep up repayments on your mortgage.

Agent Details

Wright Marshall Estate Agents, Nantwich

01270 446538

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

Similar Properties

Like this property? Maybe you'll like these ones close by too.