4 Bed Detached House, Planning Permission, Crewe, CW2 6PP, £500,000





ValuationOvervalued
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £125,000£125,000 |
Stamp Duty & Legal Fees | £38,700£38,700 |
Refurb Costs | £54,655£54,655 |
Bridging Loan Interest | £13,125£13,125 |
Total Cash In | £233,230£233,230 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £321,500£321,500 |
Mortgage (After Refinance) | £241,125£241,125 |
Mortgage LTV | 75%75% |
Cash Left In | £233,230£233,230 |
Equity | £80,375£80,375 |
Rent Range | £825 - £3,300£825 - £3,300 |
Rent Estimate | £1,621 |
Running Costs/mo | £1,349£1,349 |
Cashflow/mo | £272£272 |
Cashflow/yr | £3,265£3,265 |
ROI | 1%1% |
Gross Yield | 4%4% |
Local Sold Prices
50 sold prices from £150K to £530K, average is £289K. £1K/m² to £3.7K/m², average is £2.3K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£326K | 01/21 | 0.06 mi | 66, Millrace Drive, Wistaston, Crewe, Cheshire East CW2 6XA | £1,964 | 166 | 4 | Detached House | |
£530K | 12/23 | 0.07 mi | 2, Manor Avenue, Crewe, Cheshire East CW2 8BB | £2,398 | 221 | 4 | Detached House | |
£365K | 11/22 | 0.07 mi | 17, Swallowfield Close, Wistaston, Crewe, Cheshire East CW2 6XB | £3,349 | 109 | 4 | Detached House | |
£310K | 02/24 | 0.12 mi | 329, Nantwich Road, Crewe, Cheshire East CW2 6PD | £2,403 | 129 | 4 | Semi-Detached House | |
£272K | 11/20 | 0.16 mi | 1, Rufford Close, Wistaston, Crewe, Cheshire East CW2 6XP | £2,473 | 110 | 4 | Detached House | |
£230K | 02/21 | 0.19 mi | 589, Crewe Road, Wistaston, Crewe, Cheshire East CW2 6PU | £1,949 | 118 | 4 | Semi-Detached House | |
£290K | 03/23 | 0.2 mi | 6, Brownlees Close, Crewe, Cheshire East CW2 8AT | - | - | 4 | Detached House | |
£375K | 09/23 | 0.21 mi | 7, Heathergate Place, Wistaston, Crewe, Cheshire East CW2 6SZ | £2,953 | 127 | 4 | Detached House | |
£275K | 11/20 | 0.21 mi | 2, Heathergate Place, Crewe, Cheshire CW2 6SZ | £2,037 | 135 | 4 | Detached House | |
£277.5K | 12/20 | 0.21 mi | 22, Millrace Drive, Wistaston, Crewe, Cheshire CW2 6XG | £2,135 | 130 | 4 | Detached House | |
£299K | 06/21 | 0.24 mi | 3, Petworth Close, Wistaston, Crewe, Cheshire East CW2 6XJ | - | - | 4 | Detached House | |
£261K | 07/23 | 0.28 mi | 74, Sandhurst Avenue, Wistaston, Crewe, Cheshire East CW2 8FB | £2,559 | 102 | 4 | Semi-Detached House | |
£295K | 01/21 | 0.3 mi | 41, Dane Bank Avenue, Crewe, Cheshire CW2 8AE | - | - | 4 | Detached House | |
£465K | 03/21 | 0.31 mi | 21, Broughton Lane, Wistaston, Crewe, Cheshire CW2 8JR | £2,688 | 173 | 4 | Detached House | |
£150K | 07/21 | 0.31 mi | 267, Nantwich Road, Crewe, Cheshire CW2 6PF | £1,049 | 143 | 4 | Terraced House | |
£212.5K | 04/21 | 0.31 mi | 273, Nantwich Road, Crewe, Cheshire East CW2 6PF | £1,371 | 155 | 4 | Terraced House | |
£500K | 02/23 | 0.36 mi | 1, Willows Close, Wistaston, Crewe, Cheshire East CW2 6TD | £2,825 | 177 | 4 | Detached House | |
£350K | 04/23 | 0.37 mi | 4, Chatsworth Close, Wistaston, Crewe, Cheshire East CW2 6SW | - | - | 4 | Detached House | |
£187K | 07/21 | 0.37 mi | 1, Prior Close, Wistaston, Crewe, Cheshire East CW2 8DN | £1,748 | 107 | 4 | Detached House | |
£275K | 06/21 | 0.38 mi | 8, Barnwell Close, Crewe, Cheshire CW2 6TG | £2,350 | 117 | 4 | Detached House | |
£275K | 07/21 | 0.41 mi | 539, Crewe Road, Wistaston, Crewe, Cheshire East CW2 6PY | - | - | 4 | Semi-Detached House | |
£320K | 05/23 | 0.41 mi | 539, Crewe Road, Wistaston, Crewe, Cheshire East CW2 6PY | - | - | 4 | Semi-Detached House | |
£277.5K | 11/20 | 0.44 mi | 7, Blunstone Close, Crewe, Cheshire CW2 8LS | £2,102 | 132 | 4 | Detached House | |
£337.5K | 11/23 | 0.44 mi | 31, Whirlow Road, Wistaston, Crewe, Cheshire East CW2 6SR | £3,309 | 102 | 4 | Detached House | |
£285K | 04/21 | 0.44 mi | 8, Whirlow Road, Wistaston, Crewe, Cheshire East CW2 6SR | - | - | 4 | Detached House | |
£200K | 01/23 | 0.45 mi | 23, Woodside Avenue, Wistaston, Crewe, Cheshire East CW2 8AL | - | - | 4 | Semi-Detached House | |
£275K | 03/21 | 0.45 mi | 65, Woodside Avenue, Wistaston, Crewe, Cheshire CW2 8AL | £3,716 | 74 | 4 | Semi-Detached House | |
£247.5K | 11/20 | 0.45 mi | 2, Hanbury Close, Wistaston, Crewe, Cheshire CW2 6TF | £2,230 | 111 | 4 | Detached House | |
£250K | 03/21 | 0.46 mi | 4, Langley Drive, Crewe, Cheshire CW2 8LN | - | - | 4 | Detached House | |
£269K | 11/20 | 0.46 mi | 82, Langley Drive, Crewe, Cheshire CW2 8LN | £1,876 | 143 | 4 | Detached House | |
£320K | 01/21 | 0.48 mi | 69, Laidon Avenue, Wistaston, Crewe, Cheshire East CW2 6RU | £2,735 | 117 | 4 | Detached House | |
£285K | 06/21 | 0.48 mi | 5, Blake Close, Wistaston, Crewe, Cheshire CW2 8EB | £1,863 | 153 | 4 | Detached House | |
£355K | 07/23 | 0.48 mi | 3, Ashville Court, Wistaston, Crewe, Cheshire East CW2 6SY | - | - | 4 | Detached House | |
£221K | 06/21 | 0.49 mi | 3, Nursery Close, Coppenhall, Crewe, Cheshire CW2 8GF | £1,755 | 126 | 4 | Detached House | |
£340K | 05/23 | 0.5 mi | 16, Westbury Close, Wistaston, Crewe, Cheshire East CW2 6TY | £2,755 | 123 | 4 | Detached House | |
£270K | 12/22 | 0.5 mi | 6, Langley Drive, Crewe, Cheshire East CW2 8LN | - | - | 4 | Detached House | |
£260K | 04/21 | 0.5 mi | 106, Valley Road, Wistaston, Crewe, Cheshire CW2 8LA | - | - | 4 | Detached House | |
£305K | 09/23 | 0.51 mi | 38, Salander Crescent, Wistaston, Crewe, Cheshire East CW2 6SA | £2,607 | 117 | 4 | Semi-Detached House | |
£300.5K | 02/23 | 0.53 mi | 124, Valley Road, Wistaston, Crewe, Cheshire East CW2 8LE | £2,101 | 143 | 4 | Detached House | |
£205K | 02/23 | 0.53 mi | 20, Kingsway, Crewe, Cheshire East CW2 7NB | £2,228 | 92 | 4 | Semi-Detached House | |
£235K | 05/23 | 0.53 mi | 27, Kingsway, Crewe, Cheshire East CW2 7NB | - | - | 4 | Semi-Detached House | |
£225K | 12/20 | 0.54 mi | 34, Lunt Avenue, Crewe, Cheshire CW2 7LZ | £1,829 | 123 | 4 | Semi-Detached House | |
£390K | 02/21 | 0.54 mi | 446, Crewe Road, Wistaston, Crewe, Cheshire East CW2 6QN | £2,155 | 181 | 4 | Detached House | |
£410K | 03/21 | 0.55 mi | 38a, Park Drive, Wistaston, Crewe, Cheshire CW2 8EN | £3,060 | 134 | 4 | Detached House | |
£330K | 12/20 | 0.55 mi | 24, Park Drive, Wistaston, Crewe, Cheshire CW2 8EN | £2,463 | 134 | 4 | Semi-Detached House | |
£335K | 11/22 | 0.55 mi | 10, Wilderhope Close, Crewe, Cheshire East CW2 6TZ | - | - | 4 | Detached House | |
£350K | 12/22 | 0.56 mi | 35, Oakhurst Drive, Wistaston, Crewe, Cheshire East CW2 6UE | - | - | 4 | Detached House | |
£288K | 03/21 | 0.59 mi | 57, Charlcote Crescent, Wistaston, Crewe, Cheshire East CW2 6UH | - | - | 4 | Detached House | |
£377.5K | 01/21 | 0.59 mi | 41, Rope Lane, Wistaston, Crewe, Cheshire CW2 6RB | £2,345 | 161 | 4 | Detached House | |
£345K | 11/20 | 0.59 mi | 9, Princess Close, Wistaston, Crewe, Cheshire CW2 8HW | £2,464 | 140 | 4 | Semi-Detached House |
Local Rents
23 rents from £825/mo to £3.3K/mo, average is £1.1K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£1,600 | 12/23 | 0.18 mi | - | 4 | Detached House | |
£1,995 | 12/24 | 0.24 mi | Petworth Close, Wistaston, Crewe | 4 | Detached House | |
£900 | 12/24 | 0.34 mi | Lear Drive, Wistaston, CW2 | 3 | Detached House | |
£975 | 12/24 | 0.37 mi | Salisbury Close, Crewe, Cheshire, CW2 6JN | 3 | Flat | |
£2,700 | 12/24 | 0.37 mi | - | 4 | Semi-Detached House | |
£2,700 | 12/24 | 0.37 mi | - | 4 | Semi-Detached House | |
£2,700 | 02/25 | 0.37 mi | - | 4 | Semi-Detached House | |
£1,150 | 12/24 | 0.37 mi | - | 3 | Semi-Detached House | |
£1,150 | 11/24 | 0.37 mi | - | 3 | Terraced House | |
£900 | 12/24 | 0.41 mi | - | 3 | Terraced House | |
£825 | 12/24 | 0.46 mi | - | 3 | Terraced House | |
£895 | 12/24 | 0.47 mi | Flixton Drive, Crewe | 3 | Detached House | |
£925 | 12/24 | 0.54 mi | St. Andrew's Court, Crewe | 3 | Detached House | |
£1,100 | 02/25 | 0.57 mi | - | 3 | Semi-Detached House | |
£975 | 12/24 | 0.57 mi | Broadleigh Way, Wistaston | 3 | Detached House | |
£1,000 | 02/25 | 0.58 mi | - | 3 | Detached House | |
£995 | 12/24 | 0.58 mi | Rope Lane, Wistaston, Crewe, Cheshire, CW2 | 3 | Detached House | |
£1,500 | 12/24 | 0.59 mi | Charlcote Crescent, Crewe, CW2 6UH | 4 | Detached House | |
£3,300 | 12/24 | 0.6 mi | - | 4 | Terraced House | |
£3,300 | 12/24 | 0.6 mi | - | 4 | Terraced House | |
£3,300 | 11/24 | 0.6 mi | - | 4 | Terraced House | |
£1,195 | 01/25 | 0.62 mi | - | 3 | Semi-Detached House | |
£1,195 | 01/25 | 0.62 mi | - | 3 | Semi-Detached House |
Property History
Listed for £500,000
March 3, 2025
Description
A SPLENDID AND INDIVIDUAL 1930'S DETACHED HOUSE OF CONSIDERABLE CHARACTER, SET WELL BACK FROM THE ROAD IN AN ESTABLISHED GARDEN SETTING, EXTENDING TO ABOUT .70 OF AN ACRE.
A SPLENDID AND INDIVIDUAL 1930'S DETACHED HOUSE OF CONSIDERABLE CHARACTER, SET WELL BACK FROM THE ROAD IN AN ESTABLISHED GARDEN SETTING, EXTENDING TO ABOUT .70 OF AN ACRE.
Summary - Entrance Porch, Reception Hall, Cloakroom, Dining Room, Living Room, Kitchen/Breakfast Room, Four Bedrooms, Bathroom, Gas Central Heating, Loggia Double Garage Block, Outside W/C and Utility, Car Parking Space, Gardens. In all about .7 of an acre.
Description - The house was built in the 1930's of brick with part pebbled-dashed elevations under a tiled roof. It is approached over an in and out tarmacadam drive. Internally, the original charm has been retained including parquet block floors, stained glass windows, fireplaces, picture rails and ceiling cornices.
It offers considerable potential for alteration and improvement and the size of the gardens provide scope for extension. Indeed, full planning permission (application no. PO8/1101) was granted for a two storey side extension and replacement garage (now lapsed).
NB. The photographs were taken in 2019. The gardens have deteriorated in recent years.
Location And Amenities - The property stands to the East of the market town of Nantwich set back off the A534 Nantwich to Crewe Road. There are excellent train connections via Crewe to London (90 minutes) and Manchester (40 minutes). Manchester international airport is about a 45 minute journey by car.
Approximate Distances - Nantwich town centre 3.5 miles, Crewe town centre 2 miles, M6 motorway (junction 16) 7 miles, Stoke on Trent 18 miles, Chester 22 miles.
Directions - From Nantwich take the A534 Crewe Road, proceed for about 2.8 miles and the property is located on the right hand side.
The Accommodation Comprises: - (with approximate measurements)
Entrance Porch -
Reception Hall - 11'8" x 10'10" - Parquet woodblock floor, plate racks, two windows, radiator.
Cloakroom - White suite comprising low flush WC and pedestal hand basin.
Dining Room - 15'6" into bay x 14'0" - Open fireplace with tiled inset and timber surround, double glazed bay window to front and window to side, picture rail and ceiling cornices, two radiators.
Living Room - 15'9" x 14'0" - Open fireplace with tiled inset and timber surround, double glazed French windows to loggia, double glazed window to side, picture rail, three uplights, radiator.
Kitchen/Breakfast Room - 5.84m x 4.19m (19'2" x 13'9") - Stainless steel single drainer sink unit with cupboards under, Wall cupboard, fitted cupboards, Hotpoint oven and four burner ceramic hob unit with extractor hood above, plumbing for washing machine, tiled fireplace, picture rail, three double glazed windows, glazed door to side, worn laminate flooring.
Stairs Lead From Reception Hall To First Floor -
Landing - 16'3" x 5'5" - Linen cupboard, original arched stained glass window, access to boarded loft with Velux double glazed rooflight.
Bedroom (Front) - 15'8" into bay x 13'10" - Tiled fireplace, double glazed bay window to front, window to side, picture rail, radiator.
Bedroom (Front) - 3.12m x 2.57m (10'3" x 8'5") - Cylinder cupboard with cylinder and gas central heating boiler (2022), picture rail, radiator.
Bedroom (Rear) - 10'8" x 10'3" - Tiled fireplace, double glazed window, radiator.
Bedroom (Rear) - 14'0" x 10'4" - Two double glazed windows, picture rail, radiator.
Bathroom - 2.59m x 1.68m (8'6" x 5'6") - Fully tiled walls and floor, white suite comprising panelled bath with shower over, pedestal hand basin and low flush WC, spotlight fitting, chrome radiator/towel rail.
Outside - Loggia. Exterior lighting, concrete car parking space, brick constructed GARAGE BLOCK with pebble dash elevations under a tiled roof comprising Garage No. 1 14'0" x 9'5", Garage No. 2 20'0" x 7'3", outside W/C and Utility 10'0" x 9'3" Belfast sink.
Gardens - The established gardens have matured over the years and offers scope to provide a lovely setting for the house. They are extensively lawned with shrubs, specimen trees, rockery, rhododendrons, laurel, herbaceous borders, and a number of mature trees. The gardens slope down to a stream and includes an underground bunker.
Services - All Mains services are connected to the property.
N.B. Tests have not been made of electrical, water, gas, drainage and heating systems and associated appliances, nor confirmation obtained from the statutory bodies of the presence of these services. The information given should therefore be verified prior to a legal commitment to purchase.
Tenure - FREEHOLD
Site Plan - Not to scale - for identification purposes only.
Viewing - By appointment with BAKER, WYNNE & WILSON.
38 Pepper Street, Nantwich. (Tel No: ).
C -1038
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