2 Bed Flat, Single Let, Nantwich, CW5 5UF, £120,000

Mytton Drive, Nantwich, Cheshire, CW5 5UF - 2 views - 3 months ago

Leasehold

BTL

ROI: 5%

~57 m²

+3 photos

ValuationOvervalued

Sold Prices	£61K - £295K
Sold Prices/m²	£776/m² - £3.9K/m²

Square Metres	~56.50 m²
Price/m²	£2.1K/m²
Value Estimate	£116,117£116,117

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£30,000£30,000
Stamp Duty & Legal Fees	£7,200£7,200
Total Cash In	£37,200£37,200

Cash Out
Rent Range	£695 - £2,000£695 - £2,000
Rent Estimate	£700
Running Costs/mo	£535£535
Cashflow/mo	£165£165
Cashflow/yr	£1,980£1,980
ROI	5%5%
Gross Yield	7%7%

Local Sold Prices

41 sold prices from £61K to £295K, average is £124K. £776/m² to £3.9K/m², average is £2.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£120K	11/20	0.01 mi	30, Mytton Drive, Nantwich, Cheshire CW5 5UF	£2,069	58	2	Flat
£95K	10/20	0.01 mi	54, Mytton Drive, Nantwich, Cheshire CW5 5UF	£1,823	52	2	Flat
£95K	10/20	0.01 mi	54, Mytton Drive, Nantwich, Cheshire CW5 5UF	£1,823	52	2	Flat
£115K	05/21	0.03 mi	36, Mytton Drive, Nantwich, Cheshire CW5 5UF	£1,742	66	2	Flat
£125K	07/21	0.04 mi	11, Monck Drive, Nantwich, Cheshire CW5 5UP	£1,712	73	2	Flat
£104K	05/21	0.06 mi	43, Tyldesley Way, Nantwich, Cheshire CW5 5UE	£2,016	52	2	Flat
£115K	02/23	0.06 mi	43, Tyldesley Way, Nantwich, Cheshire East CW5 5UE	£2,230	52	2	Flat
£122K	11/22	0.11 mi	9, Lambert Crescent, Nantwich, Cheshire East CW5 5UH	-	-	2	Flat
£120K	07/23	0.11 mi	23, Lambert Crescent, Nantwich, Cheshire East CW5 5UH	£2,098	57	2	Flat
£119K	02/23	0.11 mi	25, Lambert Crescent, Nantwich, Cheshire East CW5 5UH	£2,017	59	2	Flat
£125.5K	09/22	0.11 mi	57, Lambert Crescent, Nantwich, Cheshire East CW5 5UH	£2,164	58	2	Flat
£110K	02/21	0.11 mi	69, Lambert Crescent, Nantwich, Cheshire CW5 5UH	£1,897	58	2	Flat
£112K	10/22	0.13 mi	51, Lambert Crescent, Nantwich, Cheshire East CW5 5UH	£2,074	54	2	Flat
£295K	06/23	0.19 mi	Flat 4, The Old Constabulary, Welsh Row, Nantwich, Cheshire East CW5 5ET	-	-	2	Flat
£67.5K	08/21	0.22 mi	7, Siddals Court, Nantwich, Cheshire CW5 5GH	£776	87	2	Flat
£125K	04/23	0.22 mi	21, Siddals Court, Nantwich, Cheshire East CW5 5GH	£2,046	61	2	Flat
£61K	03/21	0.22 mi	11, Siddals Court, Nantwich, Cheshire East CW5 5GH	£792	77	2	Flat
£123.5K	03/21	0.23 mi	10, Sutton Close, Nantwich, Cheshire CW5 5GF	£2,213	56	2	Flat
£161.3K	09/22	0.23 mi	12, Sutton Close, Nantwich, Cheshire East CW5 5GF	£2,925	55	2	Flat
£131K	09/22	0.4 mi	8, Kensington Court, Nantwich, Cheshire East CW5 5GE	£2,015	65	2	Flat
£120K	03/23	0.43 mi	Flat 14, Mill House, Queens Drive, Nantwich, Cheshire East CW5 5BX	-	-	2	Flat
£127K	03/23	0.45 mi	40, Davenport Avenue, Nantwich, Cheshire East CW5 5QJ	-	-	2	Flat
£155K	07/21	0.45 mi	Apartment 7, Chatterton House, Church Lane, Nantwich, Cheshire CW5 5RQ	-	-	2	Flat
£130K	08/21	0.53 mi	Apartment 28, Cromwell Court, Beam Street, Nantwich, Cheshire CW5 5NZ	-	-	2	Flat
£175K	11/20	0.54 mi	4, Rectory Close, Nantwich, Cheshire East CW5 5SW	£3,889	45	2	Flat
£115K	11/20	0.54 mi	10, Rectory Close, Nantwich, Cheshire CW5 5SW	£2,500	46	2	Flat
£131.5K	09/21	0.54 mi	28, Gerard Drive, Nantwich, Cheshire East CW5 5JT	-	-	2	Flat
£163K	09/22	0.55 mi	93, Barony Road, Nantwich, Cheshire East CW5 5QP	£2,629	62	2	Flat
£118K	06/23	0.61 mi	135, Blagg Avenue, Nantwich, Cheshire East CW5 5JZ	£1,788	66	2	Flat
£92K	06/21	0.61 mi	109, Blagg Avenue, Nantwich, Cheshire East CW5 5JZ	£1,333	69	2	Flat
£155K	09/22	0.62 mi	Apartment 10, Sleepers Point, Pillory Street, Nantwich, Cheshire East CW5 5SS	£2,583	60	2	Flat
£200K	12/20	0.73 mi	1, Nuthurst Gardens, Nantwich, Cheshire CW5 5RS	£1,653	121	2	Flat
£120K	01/23	0.78 mi	Apartment 3, The Gatehouse, Hastings Road, Nantwich, Cheshire East CW5 6GN	-	-	2	Flat
£125K	10/22	0.78 mi	10, Whitewell Close, Nantwich, Cheshire East CW5 6LY	-	-	2	Flat
£142.8K	01/23	0.78 mi	16, Whitewell Close, Nantwich, Cheshire East CW5 6LY	-	-	2	Flat
£140K	05/23	0.82 mi	55, Hastings Road, Nantwich, Cheshire East CW5 6GL	£2,272	62	2	Flat
£124K	04/21	0.82 mi	49, Hastings Road, Nantwich, Cheshire East CW5 6GL	-	-	2	Flat
£138.5K	11/20	0.85 mi	45, Newhaven Court, Nantwich, Cheshire CW5 6LF	£2,270	61	2	Flat
£137K	12/20	0.85 mi	42, Newhaven Court, Nantwich, Cheshire CW5 6LF	£2,292	60	2	Flat
£112K	02/23	0.85 mi	39, Newhaven Court, Nantwich, Cheshire East CW5 6LF	£1,750	64	2	Flat
£128K	12/22	0.85 mi	21, Newhaven Court, Nantwich, Cheshire East CW5 6LF	£2,065	62	2	Flat

Local Rents

17 rents from £695/mo to £2K/mo, average is £800/mo.

Rent	Date	Distance	Address	Beds	Type
£775	12/24	0.06 mi	Tyldesley Way, Kingsley Village, Nantwich	2	Flat
£750	12/24	0.06 mi	Tyldesley Way, Nantwich	2	Flat
£875	12/24	0.21 mi	Nixons Row, Nantwich	2	Flat
£700	12/24	0.27 mi	Wall Lane, Nantwich	2	Terraced House
£800	12/24	0.37 mi	High Street, Nantwich, CW5	2	Flat
£700	02/24	0.45 mi	-	2	Semi-Detached House
£975	03/25	0.52 mi	-	2	Terraced House
£695	12/24	0.52 mi	Pillory Street, Nantwich	2	Flat
£750	12/24	0.53 mi	Nantwich, Cheshire, CW5	2	Flat
£750	12/24	0.53 mi	Arnold Street, Nantwich	2	Terraced House
£750	12/24	0.55 mi	Barony Road, Nantwich	2	Terraced House
£800	12/24	0.55 mi	Barony Road, Nantwich	2	Terraced House
£850	12/24	0.57 mi	-	2	Flat
£875	02/25	0.57 mi	-	2	Flat
£850	12/24	0.57 mi	Barony Court, Nantwich, CW5	2	Flat
£2,000	12/24	0.58 mi	Barony Road, Nantwich	2	Flat
£875	12/24	0.58 mi	Weaver House, Nantwich, Cheshire, CW5 5GT	2	Flat

Local Area Statistics

Population in CW5	29,32329,323
Town centre distance	0.55 miles away0.55 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.68 miles away0.68 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-1%-1%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+16%+16%

Property History

Price changed to £120,000

March 20, 2025

Listed for £125,000

January 24, 2025

Floor Plans

Description

First Floor Apartment +
2 Double Bedrooms +
Good Sized Open Plan Living Room +
Separate Kitchen Area +
Allocated Parking Space +
Close To Local Amenities +
No Chain +
Council Tax Band B +

Located on the popular Kingsley Village Estate in Nantwich, this delightful first floor apartment is a must-see for BTL investors, landlords, and first time buyers alike.

Featuring two spacious double bedrooms and a family bathroom, this property boasts an open plan living dining area, perfect for relaxing and entertaining. The separate kitchen area provides the ideal space for preparing meals and enjoying home-cooked dinners.

Currently vacant and sold with no chain, this apartment offers hassle-free ownership. A private parking space is also included, ensuring parking is never a problem.

Situated within walking distance to Nantwich Town Centre, residents can easily access local amenities and the town's historic market. With easy transport links including the nearby rail station, commuting is a breeze.

Leasehold: 976 Years remaining
Ground Rent; £80 per annum
Service Charge: £1200 per annum
Council Tax Band: B
EPC: B

Don't miss out on this opportunity to own a piece of Nantwich history. Schedule a viewing today and discover the endless possibilities this property has to offer.