3 Bed Detached House, Refurb/BRRR, Nantwich, CW5 7DB, £310,000

25 PARKFIELD DRIVE, NANTWICH, CHESHIRE, CW5 7DB - 2 months ago

Refurb/BRRR
ROI: 1%
~93 m²
+16 photos

ValuationOvervalued

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

 

 

Square Metres

~93 m²
Price/m²£3.3K/m²

Value Estimate

£238,333

 

 

End Value (After Refurb)

£264,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£77,500

Stamp Duty & Legal Fees

£22,200

Refurb Costs

£37,883

Bridging Loan Interest

£8,138

Total Cash In

£147,470

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£264,000

Mortgage (After Refinance)

£198,000

Mortgage LTV

75%

Cash Left In

£147,470

Equity

£66,000

Rent Range

£940 - £2,750

Rent Estimate

£1,200

Running Costs/mo

£1,085

Cashflow/mo

£115

Cashflow/yr

£1,380

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £80K to £385K, average is £230K. £989/m² to £4.1K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£225K04/210.02 mi17, Pine Walk, Nantwich, Cheshire CW5 7DE3
£239K03/210.07 mi13, Jan Palach Avenue, Nantwich, Cheshire CW5 7DJ3
£240K12/200.07 mi37, Jan Palach Avenue, Nantwich, Cheshire East CW5 7DJ3
£180K08/230.07 mi39, Jan Palach Avenue, Nantwich, Cheshire East CW5 7DJ3
£200K05/210.09 mi44, Jubilee Gardens, Nantwich, Cheshire CW5 7BS3
£165K12/200.12 mi47, Cronkinson Oak, Nantwich, Cheshire CW5 7EF3
£80K04/210.12 mi10, Cronkinson Avenue, Nantwich, Cheshire CW5 7BP3
£260K08/210.13 mi12, Brown Avenue, Nantwich, Cheshire East CW5 7DH3
£250K04/210.13 mi21, Brown Avenue, Nantwich, Cheshire East CW5 7DH3
£264K04/210.13 mi1, Brown Avenue, Nantwich, Cheshire East CW5 7DH3
£215.3K12/200.13 mi9, Brown Avenue, Nantwich, Cheshire East CW5 7DH3
£210K04/230.13 mi11, Whitlow Avenue, Nantwich, Cheshire East CW5 7BN3
£282.5K04/230.15 mi23, Hillfield Place, Nantwich, Cheshire East CW5 7BY3
£220K06/210.15 mi33, Hillfield Place, Nantwich, Cheshire CW5 7BY3
£227K12/200.15 mi13, Delamere Road, Nantwich, Cheshire East CW5 7DL3
£210K04/210.15 mi29, Delamere Road, Nantwich, Cheshire East CW5 7DL3
£177K01/210.16 mi71, Haydn Jones Drive, Nantwich, Cheshire CW5 7GG3
£180K02/210.16 mi83, Haydn Jones Drive, Nantwich, Cheshire CW5 7GG3
£200K12/200.16 mi24, Sherratt Close, Stapeley, Nantwich, Cheshire CW5 7RU3
£195K11/210.17 mi15, Pickering Way, Stapeley, Nantwich, Cheshire CW5 7RE3
£225K12/220.17 mi11, Pickering Way, Stapeley, Nantwich, Cheshire East CW5 7RE3
£219K04/230.17 mi65, Station View, Nantwich, Cheshire East CW5 7BJ3
£271K12/220.19 mi72, Clonners Field, Stapeley, Nantwich, Cheshire East CW5 7GP3
£323K11/220.19 mi6, St Albans Drive, Nantwich, Cheshire East CW5 7DW3
£175K08/210.2 mi46, Station View, Nantwich, Cheshire East CW5 7BL3
£385K11/210.21 mi4, Dutton Way, Nantwich, Cheshire East CW5 7DZ3
£210K10/200.21 mi8, Birchall Close, Stapeley, Nantwich, Cheshire East CW5 7SQ3
£228K02/230.21 mi95, Hawksey Drive, Nantwich, Cheshire East CW5 7GF3
£320K11/200.21 mi62, Hawksey Drive, Nantwich, Cheshire East CW5 7GF3
£262K07/230.21 mi44a, Hawksey Drive, Nantwich, Cheshire East CW5 7GF3
£230K06/230.21 mi29, Hawksey Drive, Nantwich, Cheshire East CW5 7GF3
£326K05/210.22 mi45, The Beeches, Nantwich, Cheshire East CW5 5YP3
£210K11/200.23 mi37, Chater Drive, Nantwich, Cheshire CW5 7GH3
£258K02/230.23 mi51, Chater Drive, Nantwich, Cheshire East CW5 7GH3
£215K12/200.23 mi69, The Beeches, Nantwich, Cheshire CW5 5YP3
£250K05/230.24 mi33, Clonners Field, Stapeley, Nantwich, Cheshire East CW5 7GU3
£250K03/230.25 mi31, Clonners Field, Stapeley, Nantwich, Cheshire East CW5 7GU3
£261.5K05/230.27 mi35, Chadwicke Close, Stapeley, Nantwich, Cheshire East CW5 7NF3
£315K01/210.28 mi8, Churches Court, Nantwich, Cheshire CW5 5YN3
£230K09/210.3 mi4, Western Avenue, Nantwich, Cheshire CW5 7AJ3
£260K06/210.33 mi126, Audlem Road, Nantwich, Cheshire East CW5 7EA3
£238K12/200.34 mi28, Shrewbridge Crescent, Nantwich, Cheshire East CW5 5TF3
£289.9K12/220.34 mi31, Western Avenue, Nantwich, Cheshire East CW5 7AJ3
£200K04/230.34 mi95, Hospital Street, Nantwich, Cheshire East CW5 5RU3
£136K05/230.34 mi99, Hospital Street, Nantwich, Cheshire East CW5 5RU3
£310K08/210.34 mi114, London Road, Nantwich, Cheshire East CW5 6LT3
£215K03/210.35 mi97, Hospital Street, Nantwich, Cheshire East CW5 5RU3
£235K12/210.37 mi41, London Road, Nantwich, Cheshire CW5 6LN3
£260K07/210.37 mi48, Shrewbridge Road, Nantwich, Cheshire CW5 5TG3
£230K01/210.37 mi11, Newbold Way, Nantwich, Cheshire CW5 7AX3

Local Rents

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

RentDateDistanceAddressBeds 
£95012/240.14 miHaydn Jones Drive, Nantwich3
£1,00012/240.16 miHaydn Jones Drive, Nantwich3
£99512/240.16 miHaydn Jones Drive, Stapeley, Nantwich3
£2,75012/240.17 mi-3
£99512/240.17 miNantwich, Cheshire, CW53
£1,20002/250.21 mi-3
£1,10012/240.28 miChurches Court, Nantwich3
£1,20012/240.3 miPratchitts Row, Nantwich3
£1,00012/240.35 miTalbot Way, Nantwich3
£94012/240.5 mi-3
£1,17502/250.5 mi-3
£1,20012/240.52 miMaisterson Court, Nantwich, Cheshire, CW53
£1,00012/240.57 miComberbach Drive, Nantwich3
£1,50012/240.59 miRiverside, Nantwich, Cheshire, CW5 5HT3
£1,00012/240.59 miRobin Drive, Pear Tree Meadows3

Local Area Statistics

Population in CW5

29,323

Town centre distance

0.40 miles away

Nearest school

0.20 miles away

Nearest train station

0.20 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £310,000

April 1, 2025

Listed for £325,000

January 29, 2025

Floor Plans

Description

NO CHAIN
Boasting an abundance of natural light throughout, the excellent three-bedroom detached house stands in a sought after position within superb school catchments and enjoying generous gardens, garage & ample driveway. Presenting an excellent opportunity for those seeking a property with potential for modernisation, reconfiguration or indeed extension (STPP). The highly desirable location places you within easy reach of the vibrant town centre, where you can enjoy a variety of shops, cafes, and local amenities that enhance the community spirit of Nantwich. Embrace the chance to create a living space that reflects your style in a town renowned for its charm and character.

Description - Boasting an abundance of natural light throughout, the excellent three-bedroom detached house stands in a highly desirable position within superb school catchments. Presenting an excellent opportunity for those seeking a property with potential for modernisation, reconfiguration or indeed extension (STPP). The highly desirable location places you within easy reach of the vibrant town centre, where you can enjoy a variety of shops, cafes, and local amenities that enhance the community spirit of Nantwich. Families will appreciate the superb school catchments that surround this property, making it an ideal choice for those with children or those planning for the future. The combination of a prime location and the opportunity to personalise the home to your taste makes this property a rare find in today’s market.
Whether you are looking to invest in a family home or seeking a project to make your own, this house on Parkfield Drive is a promising prospect. Embrace the chance to create a living space that reflects your style in a town renowned for its charm and character. Don’t miss out on this opportunity to secure a home in one of Cheshire’s most sought-after areas.
NO CHAIN

Directions - Proceed from the Agents’ Nantwich office along Hospital Street and turn right at the mini roundabout onto Waterlode (passing Morrisons supermarket). At the next roundabout turn left onto Wellington Road continuing over the level crossing. Take the 3rd available left turn into Parkfield Drive where the property will be observed on the left hand side.

Nantwich - Nantwich is a charming market town set beside the River Weaver with a rich history, a wide range of speciality shops & 4 supermarkets. Nantwich in Bloom in November 2015 was delighted to have once again scooped the prestigious Gold award from the Britain in Bloom competition. In Cheshire, Nantwich is second only to Chester in its wealth of historic buildings. The High Street has many of the town's finest buildings, including the Queen's Aid House and The Crown Hotel built in 1585. Four major motorways which cross Cheshire ensure fast access to the key commercial centres of Britain and are linked to Nantwich by the A500 Link Road. Manchester Airport, one of Europe's busiest and fastest developing, is within a 45 minute drive of Nantwich. Frequent trains from Crewe railway station link Cheshire to London-Euston in only 1hr 30mins. Manchester and Liverpool offer alternative big city entertainment. Internationally famous football teams, theatres and concert halls are just some of the many attractions.

The Accommodation:- - With approximate dimensions comprises;

Entrance Hall -

Living Dining Room - 7.77m x 3.76m (25'6 x 12'4) -

Kitchen - 3.07m x 2.72m (10'1 x 8'11) -

Cloaks Wc - 1.55m x 1.07m (5'1 x 3'6) -

First Floor Landing -

Bedroom One - 4.50m x 4.24m (14'9 x 13'11) -

Bedroom Two - 4.22m x 2.59m (13'10 x 8'6) -

Bedroom Three - 2.74m x 2.34m (9'0 x 7'8) -

Bathroom - 2.44m x 1.68m (8'0 x 5'6) -

Exterior -

Epc Rating: D -

Council Tax Band: D -

Services - All mains gas, water, electricity & drainage services are either connected or available locally (subject to statutory undertakers costs & conditions). Gas fired central heating.
NOTE: No tests have been made of electrical, water, drainage and heating systems and associated appliances, nor confirmation obtained from the statutory bodies of the presence of these services.

Tenure - Presumed Freehold with vacant possession upon completion (Subject to Contract).

Viewing - Strictly by appointment with the Agents Wright Marshall Nantwich Office. Tel:
E-mail: . Opening Hours: Mon-Fri 9.00-5.30pm, Sat 9.00-4.00pm.

Sales Particulars & Plans - The sale particulars and plan/s have been prepared for the convenience of prospective purchasers and, whilst every care has been taken in their preparation, their accuracy is not guaranteed nor, in any circumstances, will they give grounds for an action in law.

Copyright & Distribution Of Information - You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the Agent's/website owner's express prior written consent.

All Measurements - All measurements are approximate and are converted from the metric for the convenience of prospective purchasers. The opinions expressed are those of the selling agents at the time of marketing and any matters of fact material to your buying decision should be separately verified prior to an exchange of contracts.

Markt Appraisal - "Thinking of Selling"? Wright Marshall have the experience and local knowledge to offer you a free marketing appraisal of your own property without obligation. Budgeting your move is probably the first step in the moving process. It is worth remembering that we may already have a purchaser waiting to buy your home.

Financial Advice - We can help you fund your new purchase with mortgage advice!

Contact one of our sales team today on , pop in to chat further at our friendly Nantwich Office at 56 High Street, Nantwich, Cheshire, CW5 5BB or email us if this is more convenient initially on; , so we can discuss your requirements further

For whole of market mortgage advice with access to numerous deals and exclusive rates not available on the high street, please ask a member of the Wright Marshall, Nantwich team for more information.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Agent Details

Wright Marshall Estate Agents, Nantwich

01270 446538

Next Steps?

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