3 Bed Bungalow, Refurb/BRRR, Nantwich, CW5 7DJ, £300,000

Jan Palach Avenue, Nantwich, Cheshire, CW5 7DJ - 2 views - 8 months ago

Refurb/BRRR
~93 m²
+14 photos

ValuationOvervalued

Sold Prices£80K - £385K
Sold Prices/m²£989/m² - £4.1K/m²

 

 

Square Metres

~93 m²
Price/m²£3.2K/m²

Value Estimate

£237,784

 

 

End Value (After Refurb)

£282,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Refurb Costs

£37,883

Bridging Loan Interest

£7,875

Total Cash In

£135,208

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£282,500

Mortgage (After Refinance)

£211,875

Mortgage LTV

75%

Cash Left In

£135,208

Equity

£70,625

Rent Range

£940 - £2,750

Rent Estimate

£1,194

Running Costs/mo

£1,142

Cashflow/mo

£52

Cashflow/yr

£629

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £80K to £385K, average is £229K. £989/m² to £4.1K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£239K03/210 mi13, Jan Palach Avenue, Nantwich, Cheshire CW5 7DJ3
£240K12/200 mi37, Jan Palach Avenue, Nantwich, Cheshire East CW5 7DJ3
£180K08/230 mi39, Jan Palach Avenue, Nantwich, Cheshire East CW5 7DJ3
£225K04/210.08 mi17, Pine Walk, Nantwich, Cheshire CW5 7DE3
£260K08/210.08 mi12, Brown Avenue, Nantwich, Cheshire East CW5 7DH3
£250K04/210.08 mi21, Brown Avenue, Nantwich, Cheshire East CW5 7DH3
£264K04/210.08 mi1, Brown Avenue, Nantwich, Cheshire East CW5 7DH3
£215.3K12/200.08 mi9, Brown Avenue, Nantwich, Cheshire East CW5 7DH3
£165K12/200.09 mi47, Cronkinson Oak, Nantwich, Cheshire CW5 7EF3
£177K01/210.09 mi71, Haydn Jones Drive, Nantwich, Cheshire CW5 7GG3
£180K02/210.09 mi83, Haydn Jones Drive, Nantwich, Cheshire CW5 7GG3
£195K11/210.1 mi15, Pickering Way, Stapeley, Nantwich, Cheshire CW5 7RE3
£225K12/220.11 mi11, Pickering Way, Stapeley, Nantwich, Cheshire East CW5 7RE3
£200K12/200.12 mi24, Sherratt Close, Stapeley, Nantwich, Cheshire CW5 7RU3
£80K04/210.13 mi10, Cronkinson Avenue, Nantwich, Cheshire CW5 7BP3
£228K02/230.14 mi95, Hawksey Drive, Nantwich, Cheshire East CW5 7GF3
£320K11/200.14 mi62, Hawksey Drive, Nantwich, Cheshire East CW5 7GF3
£262K07/230.14 mi44a, Hawksey Drive, Nantwich, Cheshire East CW5 7GF3
£230K06/230.14 mi29, Hawksey Drive, Nantwich, Cheshire East CW5 7GF3
£227K12/200.15 mi13, Delamere Road, Nantwich, Cheshire East CW5 7DL3
£200K05/210.16 mi44, Jubilee Gardens, Nantwich, Cheshire CW5 7BS3
£210K04/210.16 mi29, Delamere Road, Nantwich, Cheshire East CW5 7DL3
£210K04/230.16 mi11, Whitlow Avenue, Nantwich, Cheshire East CW5 7BN3
£271K12/220.17 mi72, Clonners Field, Stapeley, Nantwich, Cheshire East CW5 7GP3
£210K11/200.17 mi37, Chater Drive, Nantwich, Cheshire CW5 7GH3
£258K02/230.17 mi51, Chater Drive, Nantwich, Cheshire East CW5 7GH3
£210K10/200.18 mi8, Birchall Close, Stapeley, Nantwich, Cheshire East CW5 7SQ3
£323K11/220.19 mi6, St Albans Drive, Nantwich, Cheshire East CW5 7DW3
£250K05/230.19 mi33, Clonners Field, Stapeley, Nantwich, Cheshire East CW5 7GU3
£250K03/230.2 mi31, Clonners Field, Stapeley, Nantwich, Cheshire East CW5 7GU3
£261.5K05/230.21 mi35, Chadwicke Close, Stapeley, Nantwich, Cheshire East CW5 7NF3
£282.5K04/230.21 mi23, Hillfield Place, Nantwich, Cheshire East CW5 7BY3
£220K06/210.21 mi33, Hillfield Place, Nantwich, Cheshire CW5 7BY3
£385K11/210.21 mi4, Dutton Way, Nantwich, Cheshire East CW5 7DZ3
£219K04/230.23 mi65, Station View, Nantwich, Cheshire East CW5 7BJ3
£326K05/210.25 mi45, The Beeches, Nantwich, Cheshire East CW5 5YP3
£175K08/210.25 mi46, Station View, Nantwich, Cheshire East CW5 7BL3
£215K12/200.26 mi69, The Beeches, Nantwich, Cheshire CW5 5YP3
£260K06/210.3 mi126, Audlem Road, Nantwich, Cheshire East CW5 7EA3
£230K09/210.3 mi4, Western Avenue, Nantwich, Cheshire CW5 7AJ3
£315K01/210.31 mi8, Churches Court, Nantwich, Cheshire CW5 5YN3
£310K08/210.32 mi114, London Road, Nantwich, Cheshire East CW5 6LT3
£235K12/210.34 mi41, London Road, Nantwich, Cheshire CW5 6LN3
£289.9K12/220.34 mi31, Western Avenue, Nantwich, Cheshire East CW5 7AJ3
£213K01/230.35 mi40, London Road, Nantwich, Cheshire East CW5 6LT3
£200K04/230.37 mi95, Hospital Street, Nantwich, Cheshire East CW5 5RU3
£136K05/230.37 mi99, Hospital Street, Nantwich, Cheshire East CW5 5RU3
£215K03/210.38 mi97, Hospital Street, Nantwich, Cheshire East CW5 5RU3
£286K11/200.39 mi2, Orchard Crescent, Nantwich, Cheshire East CW5 7AN3
£244K10/200.4 mi25, The Pike, Nantwich, Cheshire East CW5 7AR3

Local Rents

13 rents from £940/mo to £2.8K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£95012/240.08 miHaydn Jones Drive, Nantwich3
£1,00012/240.09 miHaydn Jones Drive, Nantwich3
£99512/240.09 miHaydn Jones Drive, Stapeley, Nantwich3
£99512/240.11 miNantwich, Cheshire, CW53
£2,75012/240.12 mi-3
£1,20002/250.15 mi-3
£1,00012/240.28 miTalbot Way, Nantwich3
£1,10012/240.31 miChurches Court, Nantwich3
£1,20012/240.34 miPratchitts Row, Nantwich3
£1,00012/240.5 miComberbach Drive, Nantwich3
£94012/240.51 mi-3
£1,17502/250.51 mi-3
£1,20012/240.54 miMaisterson Court, Nantwich, Cheshire, CW53

Local Area Statistics

Population in CW5

29,323

Town centre distance

0.44 miles away

Nearest school

0.30 miles away

Nearest train station

0.26 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £300,000

August 14, 2024

Floor Plans

Description

  • Detached true bungalow +
  • Highly regarded & sought after estate +
  • Spacious living room +
  • Modern kitchen & shower room +
  • Three double bedrooms +
  • Driveway parking leading to integral garage +
  • Gardens to front & rear +
  • NO ONWARD CHAIN +
  • MUST BE VIEWED +

An established three-bedroom detached bungalow on this highly regarded and sought after estate which has been extended by the addition of a conservatory to the rear. Being conveniently located walking distance to Nantwich town centre, easily accessed via road for Nantwich and Crewe and only a ten-minute drive for Junction 16 of the M6 as well as being well positioned for train and bus travel the property is ideally positioned for both families and downsizers. Whilst requiring some modernisation and improvement the property is move in ready and provides spacious accommodation comprising; entrance hall, living room, three double bedrooms, bathroom and conservatory. There is an integral garage, driveway parking and gardens to the front and rear. NO ONWARD CHAIN. MUST BE VIEWED!

Approached over a paved path to the front door with part glazed door leading to the:

Entrance Hall
With useful storage cupboard and door leading to the:

Living Room
With picture window to the front, central feature fireplace with inset fire grate, decorative surround and wooden surround & mantle. Door leading to the:

Inner Hall
With doors leading to all three bedrooms, kitchen and bathroom>

Bedroom One
A double bedroom with window to the rear.

Bedroom Two
A second double bedroom with window to the front.

Bedroom Three
A well proportioned bedroom with window to the side.

Bathroom
Fitted with a suite of low-level WC, wash hand basin and walk in shower with shower, shower tray and screen fitted. Part tiled walls, obscured glazed window and vinyl flooring fitted.

Kitchen
Fitted with a modern range of wall & base units incorporating cupboards and drawers with work surfaces over and contrasting wall tiles. There is vinyl floor and recessed ceiling spotlights fitted. Space & connection for a cooker with extractor hood over, a ceramic one and a half bowl sink, space for a fridge/freezer, window looking in to the conservatory and door leading to the:

Conservatory
A large conservatory of UPVC double glazed surround on dwarf bricks walls with doors leading to the rear garden. There is laminate flooring fitted, space & plumbing for washing machine and tumble dryer.

Externally
To the front there is off road parking leading to the single garage with up and over door to the front. The front gardens are attractively laid to lawn with shrubbery borders and a gated path leads to the side and then onto the rear garden which is of a good size and is laid to lawn with shrubbery borders and has a patio for outside dining.

Agent Details

Whitegates, Nantwich

01270 916178

Next Steps?

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