3 Bed Bungalow, Refurb/BRRR, Nantwich, CW5 5JJ, £319,950

100 Queens Drive, Nantwich, CW5 5JJ - 7 months ago

Sold STC
Refurb/BRRR
93 m²
+18 photos

ValuationOvervalued

Sold Prices£150K - £450K
Sold Prices/m²£1.7K/m² - £4.1K/m²

 

 

Square Metres

93 m²
Price/m²£3.4K/m²

Value Estimate

£240,252

 

 

End Value (After Refurb)

£282,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£79,988

Stamp Duty & Legal Fees

£23,195

Refurb Costs

£37,883

Bridging Loan Interest

£8,399

Total Cash In

£151,214

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£282,500

Mortgage (After Refinance)

£211,875

Mortgage LTV

75%

Cash Left In

£151,214

Equity

£70,625

Rent Range

£925 - £2,750

Rent Estimate

£1,153

Running Costs/mo

£1,133

Cashflow/mo

£20

Cashflow/yr

£235

ROI

0%

Gross Yield

4%

Local Sold Prices

50 sold prices from £150K to £450K, average is £225K. £1.7K/m² to £4.1K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£320K01/230.02 mi104, Queens Drive, Nantwich, Cheshire East CW5 5JJ3
£237.5K04/210.07 mi1, Beatty Road, Nantwich, Cheshire East CW5 5JP3
£237.5K04/210.08 mi1, Beatty Road, Nantwich, Cheshire CW5 5JP3
£255K08/230.08 mi18, Beatty Road, Nantwich, Cheshire East CW5 5JP3
£240K06/230.1 mi76, Queens Drive, Nantwich, Cheshire East CW5 5JH3
£187K07/210.1 mi136, Queens Drive, Nantwich, Cheshire East CW5 5LA3
£252.5K03/210.12 mi8, Gerard Drive, Nantwich, Cheshire East CW5 5JR3
£205K02/210.18 mi193, Queens Drive, Nantwich, Cheshire East CW5 5LB3
£228K11/200.19 mi11, Lea Drive, Nantwich, Cheshire East CW5 5JS3
£258.5K02/230.21 mi138, Queens Drive, Nantwich, Cheshire East CW5 5LA3
£225K10/210.21 mi208, Queens Drive, Nantwich, Cheshire East CW5 5LA3
£150K03/210.21 mi178, Queens Drive, Nantwich, Cheshire East CW5 5LA3
£220K06/230.21 mi212, Queens Drive, Nantwich, Cheshire East CW5 5LA3
£260K07/210.23 mi48, Shrewbridge Road, Nantwich, Cheshire CW5 5TG3
£166.5K04/210.24 mi115, Blagg Avenue, Nantwich, Cheshire CW5 5JZ3
£172K06/210.24 mi119, Blagg Avenue, Nantwich, Cheshire East CW5 5JZ3
£159.5K10/200.24 mi83, Blagg Avenue, Nantwich, Cheshire East CW5 5JZ3
£215K03/210.25 mi137, Marsh Lane, Nantwich, Cheshire East CW5 5LD3
£238K12/200.27 mi28, Shrewbridge Crescent, Nantwich, Cheshire East CW5 5TF3
£165K05/210.3 mi150, Wyche Avenue, Nantwich, Cheshire East CW5 5HL3
£230K03/210.38 mi75, Saltmeadows, Nantwich, Cheshire CW5 5HF3
£230K10/200.38 mi39, Saltmeadows, Nantwich, Cheshire CW5 5HF3
£331.5K06/210.38 mi29, Marsh Lane, Nantwich, Cheshire CW5 5HH3
£193K06/230.39 mi80, Welsh Row, Nantwich, Cheshire East CW5 5ET3
£450K04/210.42 mi106, Welsh Row, Nantwich, Cheshire CW5 5EY3
£175K08/210.43 mi46, Station View, Nantwich, Cheshire East CW5 7BL3
£282.5K04/230.43 mi23, Hillfield Place, Nantwich, Cheshire East CW5 7BY3
£220K06/210.43 mi33, Hillfield Place, Nantwich, Cheshire CW5 7BY3
£219K04/230.44 mi65, Station View, Nantwich, Cheshire East CW5 7BJ3
£200K05/210.46 mi44, Jubilee Gardens, Nantwich, Cheshire CW5 7BS3
£207K11/210.46 mi5, Capel Way, Nantwich, Cheshire CW5 5UG3
£300K01/230.48 mi31, Williamson Drive, Nantwich, Cheshire East CW5 5GJ3
£230K01/210.48 mi11, Newbold Way, Nantwich, Cheshire CW5 7AX3
£325K02/230.49 mi19, Williamson Drive, Nantwich, Cheshire East CW5 5GJ3
£205K06/210.52 mi11, Holland Walk, Nantwich, Cheshire CW5 5US3
£188K05/210.52 mi9, Holland Walk, Nantwich, Cheshire CW5 5US3
£210K04/230.53 mi11, Whitlow Avenue, Nantwich, Cheshire East CW5 7BN3
£243K04/210.53 mi29, The Pike, Nantwich, Cheshire CW5 7AR3
£244K10/200.53 mi25, The Pike, Nantwich, Cheshire East CW5 7AR3
£225K04/210.53 mi17, Pine Walk, Nantwich, Cheshire CW5 7DE3
£315K01/210.53 mi8, Churches Court, Nantwich, Cheshire CW5 5YN3
£199K11/210.55 mi15, Gibson Close, Nantwich, Cheshire CW5 5UN3
£215K12/200.55 mi69, The Beeches, Nantwich, Cheshire CW5 5YP3
£326K05/210.55 mi45, The Beeches, Nantwich, Cheshire East CW5 5YP3
£187.5K09/210.56 mi4, Carter Close, Nantwich, Cheshire CW5 5GD3
£218K11/220.56 mi28, Carter Close, Nantwich, Cheshire East CW5 5GD3
£203K10/200.56 mi14, Carter Close, Nantwich, Cheshire CW5 5GD3
£210K04/210.56 mi29, Delamere Road, Nantwich, Cheshire East CW5 7DL3
£385K11/210.57 mi4, Dutton Way, Nantwich, Cheshire East CW5 7DZ3
£227K12/200.57 mi13, Delamere Road, Nantwich, Cheshire East CW5 7DL3

Local Rents

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

RentDateDistanceAddressBeds 
£1,00012/240.14 miRobin Drive, Pear Tree Meadows3
£1,00003/250.22 mi-3
£95012/240.28 miMarsh Lane, Nantwich, Cheshire, CW5 5LD3
£1,50012/240.31 miRiverside, Nantwich, Cheshire, CW5 5HT3
£1,10012/240.43 miKings Court Welsh Row, Nantwich, Cheshire, CW5 5DY3
£92512/240.44 miSecond Wood Street, Nantwich, Cheshire3
£1,20012/240.52 miPratchitts Row, Nantwich3
£1,10012/240.53 miChurches Court, Nantwich3
£95012/240.62 miMonck Drive, CW53
£95012/240.66 miHaydn Jones Drive, Nantwich3
£1,20012/240.67 miMaisterson Court, Nantwich, Cheshire, CW53
£2,75012/240.68 mi-3
£1,00012/240.69 miHaydn Jones Drive, Nantwich3
£99512/240.69 miHaydn Jones Drive, Stapeley, Nantwich3
£99512/240.7 miNantwich, Cheshire, CW53
£1,20002/250.71 mi-3
£94012/240.73 mi-3
£1,17502/250.73 mi-3
£1,00012/240.88 miTalbot Way, Nantwich3
£95012/240.97 miBirchwood Drive, Nantwich3
£1,35012/241.04 miCavalier Road, Henhull, Nantwich, Cheshire, CW5 6ZB3
£1,00012/241.1 miComberbach Drive, Nantwich3
£1,29512/241.12 miThomas Aston Place, Henhull, Nantwich, Cheshire, CW5 6ZD3

Local Area Statistics

Population in CW5

29,323

Town centre distance

0.52 miles away

Nearest school

0.30 miles away

Nearest train station

0.40 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £319,950

September 4, 2024

Floor Plans

Description

  • Plenty of scope to improve this superb detached bungalow! +
  • Located in affluent Nantwich surrounded by Cheshire countryside +
  • Three bedrooms & a modern shower room +
  • Large lounge and breakfast kitchen located to the rear of the property +
  • Driveway, garage and gardens +
  • Positioned within close proximity to Nantwich Town Centre +
  • Call us today to book your all-important viewing! +

Take a moment to view our guided tour of this impressively spacious bungalow!

NO CHAIN & PLENTY OF POTENTIAL - Occupying an impressive plot in an established residential area, this three bedroom detached bungalow enjoys beingly conveniently placed for Nantwich Town Centre and its many amenities.

Inside, the accommodation is both well proportioned and spacious throughout and whilst requiring modernisation, we feel it is in the perfect condition to alter the layout as the possibilities are endless here at Queens Drive. There is potential to create an en-suite to a bedroom or to have a huge open plan living kitchen/diner across the rear of the property (subject to appropriate permissions).

The accommodation is flexible too, currently there are three bedrooms and a remodeled, stylish shower room, in addition to the generous lounge, breakfast kitchen and lean-to garden room plus lean-to utility.

We feel the impressive layout could suit a number of discerning buyers needs very well indeed.
Locally, the are is the perfect mix of town and country having easy access to shops, schools, commuter links and abundant countryside walks with green spaces positioned just a stones throw down the road!

Don't just take our word for it, read on to find out more then view our video, photos and floor plan before calling the experts here at Chris Hamriding Estate Agents to book yourself that all-important viewing!

Accommodation -

Entrance Hall -

Lounge - 5.840 x 4.619 (19'1" x 15'1") -

Kitchen - 3.634 x 3.336 (11'11" x 10'11") -

Lean-To Garden Room - 5.230 x 2.169 (17'1" x 7'1") -

Lean-To Utility - 4.017 x 2.060 (13'2" x 6'9") -

Bedroom One - 3.798 x 3.707 (12'5" x 12'1") -

Bedroom Two - 3.810 x 3.665 (12'5" x 12'0") -

Bedroom Three - 3.777 x 2.477 (12'4" x 8'1") - (Maximum)

Shower Room - 2.476 x 2.356 (8'1" x 7'8") -

Attached Garage -

Agent Details

Chris Hamriding Lettings & Estates, Sandbach

01270 447660

Next Steps?

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