3 Bed Terraced House, Refurb/BRRR, Nantwich, CW5 5NP, £215,000

Weaver Road, Nantwich, Cheshire, CW5 5NP - 3 views - 5 months ago

Sold STC
Refurb/BRRR
ROI: 2%
~93 m²
+15 photos

ValuationFair Value

Sold Prices£113K - £360K
Sold Prices/m²£1.4K/m² - £5.4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.3K/m²

Value Estimate

£219,300

 

 

End Value (After Refurb)

£218,339

Uplift in Value

+2%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£53,750

Stamp Duty & Legal Fees

£7,650

Refurb Costs

£37,883

Bridging Loan Interest

£5,644

Total Cash In

£106,676

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£218,339

Mortgage (After Refinance)

£163,754

Mortgage LTV

75%

Cash Released

£2,504

Cash Left In

£104,172

Equity

£54,585

Rent Range

£925 - £1,500

Rent Estimate

£1,116

Running Costs/mo

£926

Cashflow/mo

£190

Cashflow/yr

£2,286

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £113K to £360K, average is £214.3K. £1.4K/m² to £5.4K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£195K09/210.03 mi22, Manor Road, Nantwich, Cheshire East CW5 5NS3
£213.7K08/230.06 mi86, Weaver Road, Nantwich, Cheshire East CW5 5NP3
£177.5K12/220.1 mi65, James Hall Street, Nantwich, Cheshire East CW5 5QE3
£167.5K12/220.11 mi59, James Hall Street, Nantwich, Cheshire East CW5 5QE3
£180K09/210.12 mi15, Wallfields Road, Nantwich, Cheshire CW5 5NT3
£170K04/210.13 mi6, Wallfields Close, Nantwich, Cheshire East CW5 5HY3
£113K01/210.14 mi30, Albert Street, Nantwich, Cheshire East CW5 5QD3
£168K05/210.17 mi21, Bowyer Avenue, Nantwich, Cheshire East CW5 5PS3
£159.1K01/210.17 mi52, Barony Road, Nantwich, Cheshire East CW5 5QL3
£208K05/230.17 mi70, Manor Road North, Nantwich, Cheshire East CW5 5NW3
£215K07/230.19 mi18, Volunteer Fields, Nantwich, Cheshire East CW5 5PP3
£285K04/210.21 mi81, Barony Road, Nantwich, Cheshire East CW5 5QP3
£173K02/210.22 mi7, Volunteer Avenue, Nantwich, Cheshire CW5 5PR3
£187.5K09/210.29 mi4, Carter Close, Nantwich, Cheshire CW5 5GD3
£218K11/220.29 mi28, Carter Close, Nantwich, Cheshire East CW5 5GD3
£203K10/200.29 mi14, Carter Close, Nantwich, Cheshire CW5 5GD3
£205K06/210.3 mi11, Holland Walk, Nantwich, Cheshire CW5 5US3
£188K05/210.3 mi9, Holland Walk, Nantwich, Cheshire CW5 5US3
£205K12/200.32 mi6, Morgan Walk, Nantwich, Cheshire CW5 5UQ3
£247.5K03/210.32 mi12, The Crescent, Nantwich, Cheshire East CW5 5ND3
£205K05/230.32 mi5, Morgan Walk, Nantwich, Cheshire East CW5 5UQ3
£199K11/210.37 mi15, Gibson Close, Nantwich, Cheshire CW5 5UN3
£167K02/210.37 mi19, Scaife Road, Nantwich, Cheshire East CW5 5TS3
£260K03/210.37 mi4, Scaife Road, Nantwich, Cheshire East CW5 5TS3
£300K12/220.38 mi26, Mytton Drive, Nantwich, Cheshire East CW5 5UF3
£218K03/230.39 mi22, Alvaston Road, Nantwich, Cheshire East CW5 5TT3
£360K11/220.4 mi90, Millstone Lane, Nantwich, Cheshire East CW5 5PE3
£257.5K01/210.4 mi39, Brereton Drive, Nantwich, Cheshire East CW5 6HE3
£207.5K12/200.42 mi4, Birchwood Drive, Nantwich, Cheshire CW5 6HR3
£340K02/210.42 mi93, Millstone Lane, Nantwich, Cheshire CW5 5PH3
£350K12/220.42 mi45, South Crofts, Nantwich, Cheshire East CW5 5SG3
£325K02/230.43 mi18, Middlewich Road, Nantwich, Cheshire East CW5 6HL3
£353K01/230.43 mi4, Brereton Drive, Nantwich, Cheshire East CW5 6HF3
£301K06/210.43 mi10, Brereton Drive, Nantwich, Cheshire East CW5 6HF3
£310.5K02/210.44 mi2, Penlington Court, Nantwich, Cheshire CW5 6SB3
£240K11/200.44 mi102, Birchin Lane, Nantwich, Cheshire East CW5 6ES3
£280K02/210.44 mi22, Ray Avenue, Nantwich, Cheshire CW5 6HJ3
£290K06/210.45 mi12, Birchwood Drive, Nantwich, Cheshire CW5 6HR3
£280K04/210.45 mi1, Whitehouse Lane, Nantwich, Cheshire East CW5 6HG3
£245K10/200.45 mi39, Whitehouse Lane, Nantwich, Cheshire East CW5 6HG3
£193K06/230.46 mi80, Welsh Row, Nantwich, Cheshire East CW5 5ET3
£283K08/230.46 mi14, Kingfisher Close, Nantwich, Cheshire East CW5 5YE3
£315K02/230.46 mi16, Kingfisher Close, Nantwich, Cheshire East CW5 5YE3
£207K11/210.46 mi5, Capel Way, Nantwich, Cheshire CW5 5UG3
£215K03/210.47 mi97, Hospital Street, Nantwich, Cheshire East CW5 5RU3
£245K11/200.47 mi1, Rookery Close, Nantwich, Cheshire CW5 5SJ3
£255K12/200.48 mi42, Mount Close, Nantwich, Cheshire East CW5 6JJ3
£200K01/210.48 mi8, Mount Close, Nantwich, Cheshire CW5 6JJ3
£187.4K11/200.48 mi27, Millstone Lane, Nantwich, Cheshire CW5 5PG3
£136K05/230.48 mi99, Hospital Street, Nantwich, Cheshire East CW5 5RU3

Local Rents

12 rents from £925/mo to £1.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,20012/240.32 miMaisterson Court, Nantwich, Cheshire, CW53
£92512/240.34 miSecond Wood Street, Nantwich, Cheshire3
£95012/240.35 miMonck Drive, CW53
£94012/240.41 mi-3
£1,17502/250.41 mi-3
£95012/240.45 miBirchwood Drive, Nantwich3
£1,10012/240.45 miKings Court Welsh Row, Nantwich, Cheshire, CW5 5DY3
£1,50012/240.46 miRiverside, Nantwich, Cheshire, CW5 5HT3
£1,20012/240.51 miPratchitts Row, Nantwich3
£1,10012/240.53 miChurches Court, Nantwich3
£1,29512/240.58 miThomas Aston Place, Henhull, Nantwich, Cheshire, CW5 6ZD3
£1,00003/250.59 mi-3

Local Area Statistics

Population in CW5

29,323

Town centre distance

0.41 miles away

Nearest school

0.20 miles away

Nearest train station

0.64 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £215,000

October 31, 2024

Floor Plans

Description

  • SUPERB THREE BEDROOM MID-MEWS HOME +
  • EXCELLENT LOCATION +
  • IDEAL FIRST TIME PURCHASE WITH OPPORTUNITY TO PUT YOUR OWN STAMP ON IT. +
  • TWO RECEPTION ROOMS +
  • KITCHEN +
  • THREE WELL PROPORTIONED BEDROOMS +
  • BATHROOM +
  • SUPERB GARDEN TO THE REAR +
  • RESIDENTS PARKING TO THE FRONT +
  • NO ONWARD CHAIN +

Walking distance to Nantwich town centre this three-bedroom mews family home offers superb range of spacious accommodation which includes two reception rooms, kitchen, three double bedrooms, family bathroom and utility room. There is a garden to the front and a large garden to the rear. The property has been a well-loved family home and has been in the current owners family for over sixty years, it would make an ideal first time purchase being in need of some modernisation and improvement enabling buyers to put their own stamp on the property. Weaver Road is walking distance to Nantwich town centre, is in the catchment for highly regarded schools and is ideally placed for both road access and access to public transport. An early viewing is highly recommended. NO ONWARD CHAIN

Approached via a gated paved path to the porch door with glazed inserts which leads to the:

Entrance Porch
With UPVC double glazed surround upon dwarf brick walls and door leading to the:

Entrance Hall
With stairs rising to the first-floor landing and doors leading to the living room and dining room.

Living Room
A spacious room with window to the rear overlooking the rear garden. Central feature fireplace with attractive surround.

Dining Room
With window to the front and central feature fireplace with tiled surround with gas fire fitted. Door leading to the:

Kitchen
With fitted range of wall & base units incorporating cupboards & drawers with work surfaces over and contrasting tiling. Space & connection for fridge/freezer, washing machine and cooker. There is a window overlooking the rear garden, door leading to the rear porch and outhouses.

Rear Porch
With doors to the side leading to the rear access and to the garden. Door leads to the useful outhouse utility room with space for a tumble dryer, sink and storage space.

From the first-floor landing doors leading to the three bedrooms and bathroom.

Bedroom One
A double bedroom with two windows to the front elevation.

Bedroom Two
A second double bedroom with window to the rear, fireplace with tiled surround & hearth with fitted gas fire. Useful built in cupboard.

Bedroom Three
A third well proportioned bedroom with window to the rear.

Bathroom
Fitted with a suite of low-level WC, pedestal wash hand basin and bath with shower over. Two obscured glazed windows to the front and fitted cupboard.

Externally
The property benefits from having a garden to the front accessed via a pedestrian gate and being laid to lawn. The rear garden is a superb feature of the property being particularly large making it ideal to extend the property across the rear (STNPP) whilst still retaining a superbly proportioned garden. The garden is extensively laid to lawn with shrubs, plants and trees planted. There is a patio area ideal to enjoy outside dining and at the rear of the outhouse is a brick built potting shed and outside WC.

Agent Details

Whitegates, Nantwich

01270 916178

Next Steps?

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