2 Bed Semi-Detached House, Refurb/BRRR, Nantwich, CW5 5TG, £200,000

Shrewbridge Road, Nantwich, CW5 5TG - 2 views - 3 months ago

Refurb/BRRR
ROI: 1%
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£98K - £275K
Sold Prices/m²£1.8K/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£169,250

 

 

End Value (After Refurb)

£177,762

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,500

Refurb Costs

£27,744

Bridging Loan Interest

£5,250

Total Cash In

£92,244

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£177,762

Mortgage (After Refinance)

£133,322

Mortgage LTV

75%

Cash Left In

£92,244

Equity

£44,441

Rent Range

£695 - £975

Rent Estimate

£786

Running Costs/mo

£733

Cashflow/mo

£53

Cashflow/yr

£640

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £98K to £275K, average is £164.5K. £1.8K/m² to £4K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£190K02/230.16 mi37, Pillory Street, Nantwich, Cheshire East CW5 5BQ2
£150K12/220.18 mi16, Riverside, Nantwich, Cheshire East CW5 5HT2
£140K02/210.19 mi37, Pillory Street, Nantwich, Cheshire CW5 5BQ2
£153K03/230.23 mi55, Station View, Nantwich, Cheshire East CW5 7BJ2
£148K04/210.23 mi31, Station View, Nantwich, Cheshire CW5 7BJ2
£132K03/210.23 mi43, Station View, Nantwich, Cheshire CW5 7BJ2
£136K01/210.23 mi39, Station View, Nantwich, Cheshire East CW5 7BJ2
£210K02/210.24 mi7, Hillfield Place, Nantwich, Cheshire East CW5 7BY2
£240K04/210.24 mi76, Hospital Street, Nantwich, Cheshire CW5 5RP2
£162K07/210.26 mi10, Blagg Avenue, Nantwich, Cheshire CW5 5JF2
£135K10/220.29 mi23, Pratchitts Row, Nantwich, Cheshire East CW5 5SB2
£139K12/200.29 mi11, Pratchitts Row, Nantwich, Cheshire East CW5 5SB2
£135K11/200.33 mi27, Rectory Close, Nantwich, Cheshire CW5 5SW2
£136K12/220.36 mi8, Spring Gardens, Nantwich, Cheshire East CW5 5SH2
£121.5K12/220.37 mi34, Second Wood Street, Nantwich, Cheshire East CW5 5EQ2
£243K02/210.38 mi44, South Crofts, Nantwich, Cheshire East CW5 5SG2
£225K07/210.38 mi50, South Crofts, Nantwich, Cheshire CW5 5SG2
£177K12/200.38 mi71, North Crofts, Nantwich, Cheshire CW5 5SQ2
£210K06/230.38 mi72, North Crofts, Nantwich, Cheshire East CW5 5SQ2
£125K11/200.39 mi69, North Crofts, Nantwich, Cheshire East CW5 5SQ2
£112.5K03/210.39 mi3, Red Lion Lane, Nantwich, Cheshire CW5 5EP2
£160K06/230.4 mi14, Marsh Lane, Nantwich, Cheshire East CW5 5HH2
£250K01/230.41 mi35, South Crofts, Nantwich, Cheshire East CW5 5SG2
£170K10/210.42 mi7, Byron Walk, Nantwich, Cheshire East CW5 5UT2
£155K05/210.46 mi13, Millstone Lane, Nantwich, Cheshire East CW5 5PG2
£238K04/230.47 mi24, Scaife Road, Nantwich, Cheshire East CW5 5TS2
£225K01/210.47 mi4, Brine Road, Nantwich, Cheshire CW5 7BA2
£199.5K01/230.48 mi47, Millstone Lane, Nantwich, Cheshire East CW5 5PH2
£180K03/210.48 mi8, Nixons Row, Nantwich, Cheshire CW5 5HE2
£200K01/230.48 mi4, Nixons Row, Nantwich, Cheshire East CW5 5HE2
£275K01/230.5 mi6, Gibson Close, Nantwich, Cheshire East CW5 5UN2
£187.5K02/210.5 mi4, Gibson Close, Nantwich, Cheshire CW5 5UN2
£140K12/200.51 mi6, Gresty Buildings, Nantwich, Cheshire East CW5 5PX2
£98K07/230.51 mi18, Hawthorne Avenue, Nantwich, Cheshire East CW5 6HZ2
£150K11/220.51 mi5, Hawthorne Avenue, Nantwich, Cheshire East CW5 6HZ2
£204K07/230.52 mi83, Crewe Road, Nantwich, Cheshire East CW5 6HX2
£139.5K11/210.55 mi35, Millstone Lane, Nantwich, Cheshire CW5 5PH2
£157.5K04/230.55 mi115, Clonners Field, Stapeley, Nantwich, Cheshire East CW5 7GU2
£130K04/210.57 mi38, Prince Edward Street, Nantwich, Cheshire CW5 5NL2
£125K01/210.58 mi60, Arnold Street, Nantwich, Cheshire CW5 5QB2
£225K12/220.58 mi11, Taylor Drive, Nantwich, Cheshire East CW5 5GG2
£178K11/200.6 mi32, Tyldesley Way, Nantwich, Cheshire CW5 5UE2
£149.5K03/210.6 mi29, Albert Street, Nantwich, Cheshire CW5 5QD2
£135K04/210.62 mi1, Albert Street, Nantwich, Cheshire CW5 5QD2
£167K10/210.63 mi11, Stapeley Terrace, Nantwich, Cheshire East CW5 6LS2
£215K03/230.67 mi22, Mount Close, Nantwich, Cheshire East CW5 6JJ2
£210K11/210.67 mi27, Mount Close, Nantwich, Cheshire CW5 6JJ2
£192.5K05/210.67 mi25, Mount Close, Nantwich, Cheshire East CW5 6JJ2
£200K06/210.67 mi36, Mount Close, Nantwich, Cheshire CW5 6JJ2
£218K06/210.67 mi28, Mount Close, Nantwich, Cheshire East CW5 6JJ2

Local Rents

22 rents from £695/mo to £975/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£97503/250.18 mi-2
£75012/240.19 miNantwich, Cheshire, CW52
£69512/240.19 miPillory Street, Nantwich2
£82512/240.26 miNantwich, CW52
£80012/240.28 miHigh Street, Nantwich, CW52
£92501/240.31 mi-2
£69512/240.35 miNantwich, Cheshire, CW52
£85012/240.37 miRigbys Row2
£70012/240.42 miWall Lane, Nantwich2
£70002/240.44 mi-2
£82512/240.46 miHastings Road, Nantwich2
£80012/240.46 miQueens Drive, Nantwich, Cheshire, CW52
£80012/240.48 miNewhaven Court, Nantwich2
£85012/240.48 mi-2
£87512/240.48 miNixons Row, Nantwich2
£85012/240.54 miWhitewell Close, Nantwich2
£75012/240.55 miMillstone Lane, Nantwich2
£80001/250.55 mi-2
£75012/240.6 miArnold Street, Nantwich2
£75012/240.6 miJackson Avenue, Nantwich2
£77512/240.6 miTyldesley Way, Kingsley Village, Nantwich2
£75012/240.6 miTyldesley Way, Nantwich2

Local Area Statistics

Population in CW5

29,323

Town centre distance

0.30 miles away

Nearest school

0.30 miles away

Nearest train station

0.19 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £200,000

February 20, 2025

Listed for £210,000

January 17, 2025

Floor Plans

Description

  • No upward chain +
  • Double Glazed Windows and Newly installed Gas Combi Boiler +
  • Walking distance to Town, Schools, Train station +
  • Conservatory Room +
  • Pantry and W.C. +
  • Reconfigured, Modern Kitchen suite +
  • Two double bedrooms +
  • End plot semi-detached +
  • Enclosed courtyard with right of access +

Yopa Crewe and Nantwich, presents this two-bedroom semi-detached house, located on the sought-after Shrewbridge Road in Nantwich, offers fantastic potential for those looking to put their own stamp on a property. Boasting a reconfigured modern kitchen and a new boiler, the home is ideal for buyers wanting to update and personalise to suit their style.

The property is offered with NO UPWARD CHAIN, making for a smooth and hassle-free transaction. While the home is in need of further modernisation, it provides a great opportunity to create a perfect home in a popular, well-established location.

Key Features: 2 Double Bedrooms - Front and back bedrooms with the front bedroom having dual aspect windows. Spacious living areas - Well configured rooms.  Reconfigured modern kitchen suite, with ample base units, wall mounted cupboards with an integrated new oven and electric hob. Space for a washing machine and tumble dryer.  Gas combi boiler installed -  installed in the Bathroom.  Requires re-modernisation - (Décor)  Convenient location close to local amenities, schools, and transport links Perfect for first-time buyers, investors, or those looking for a renovation project. Don’t miss out on this opportunity to secure a property in one of Nantwich's most desirable areas.

Useful Information: Tenure: Freehold Council Tax: Band B - £1724 per annum EPC - AWAITING  NO UPWARD CHAIN

Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, North West & Midlands

01525 659945

Next Steps?

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