2 Bed Terraced House, Refurb/BRRR, Nantwich, CW5 7BY, £40,000

1 Hillfield Place, Nantwich CW5 7BY - 9 views - 22 days ago

Auction
Refurb/BRRR
ROI: 6%
82 m²
+10 photos

ValuationFair Value

Sold Prices£98K - £250K
Sold Prices/m²£1.8K/m² - £4K/m²

 

 

Square Metres

82 m²
Price/m²£488/m²

Value Estimate

£40,400

 

 

End Value (After Refurb)

£118,627

Uplift in Value

+197%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£10,000

Stamp Duty & Legal Fees

£3,200

Refurb Costs

£33,402

Bridging Loan Interest

£1,050

Total Cash In

£49,402

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£118,627

Agent Fees (1%)

£1,186

Bridging Loan

£30,000

Bridging Loan Interest

£1,050

Flip Profit

£38,039

Local Sold Prices

50 sold prices from £98K to £250K, average is £161K. £1.8K/m² to £4K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£210K02/210.05 mi7, Hillfield Place, Nantwich, Cheshire East CW5 7BY2
£153K03/230.06 mi55, Station View, Nantwich, Cheshire East CW5 7BJ2
£148K04/210.06 mi31, Station View, Nantwich, Cheshire CW5 7BJ2
£132K03/210.06 mi43, Station View, Nantwich, Cheshire CW5 7BJ2
£136K01/210.06 mi39, Station View, Nantwich, Cheshire East CW5 7BJ2
£190K02/230.09 mi37, Pillory Street, Nantwich, Cheshire East CW5 5BQ2
£140K02/210.2 mi37, Pillory Street, Nantwich, Cheshire CW5 5BQ2
£135K10/220.2 mi23, Pratchitts Row, Nantwich, Cheshire East CW5 5SB2
£139K12/200.21 mi11, Pratchitts Row, Nantwich, Cheshire East CW5 5SB2
£240K04/210.24 mi76, Hospital Street, Nantwich, Cheshire CW5 5RP2
£136K12/220.24 mi8, Spring Gardens, Nantwich, Cheshire East CW5 5SH2
£135K11/200.3 mi27, Rectory Close, Nantwich, Cheshire CW5 5SW2
£243K02/210.32 mi44, South Crofts, Nantwich, Cheshire East CW5 5SG2
£225K07/210.32 mi50, South Crofts, Nantwich, Cheshire CW5 5SG2
£250K01/230.33 mi35, South Crofts, Nantwich, Cheshire East CW5 5SG2
£177K12/200.35 mi71, North Crofts, Nantwich, Cheshire CW5 5SQ2
£210K06/230.35 mi72, North Crofts, Nantwich, Cheshire East CW5 5SQ2
£125K11/200.35 mi69, North Crofts, Nantwich, Cheshire East CW5 5SQ2
£150K12/220.35 mi16, Riverside, Nantwich, Cheshire East CW5 5HT2
£157.5K04/230.37 mi115, Clonners Field, Stapeley, Nantwich, Cheshire East CW5 7GU2
£155K05/210.37 mi13, Millstone Lane, Nantwich, Cheshire East CW5 5PG2
£199.5K01/230.38 mi47, Millstone Lane, Nantwich, Cheshire East CW5 5PH2
£98K07/230.39 mi18, Hawthorne Avenue, Nantwich, Cheshire East CW5 6HZ2
£150K11/220.39 mi5, Hawthorne Avenue, Nantwich, Cheshire East CW5 6HZ2
£225K01/210.4 mi4, Brine Road, Nantwich, Cheshire CW5 7BA2
£204K07/230.41 mi83, Crewe Road, Nantwich, Cheshire East CW5 6HX2
£105K10/200.42 mi1, Thomas Row, Nantwich, Cheshire CW5 5LG2
£238K04/230.42 mi24, Scaife Road, Nantwich, Cheshire East CW5 5TS2
£162K07/210.43 mi10, Blagg Avenue, Nantwich, Cheshire CW5 5JF2
£167K10/210.46 mi11, Stapeley Terrace, Nantwich, Cheshire East CW5 6LS2
£139.5K11/210.47 mi35, Millstone Lane, Nantwich, Cheshire CW5 5PH2
£172K11/200.5 mi72, Horton Way, Stapeley, Nantwich, Cheshire East CW5 7GD2
£172K11/200.5 mi72, Horton Way, Stapeley, Nantwich, Cheshire East CW5 7GD2
£121.5K12/220.51 mi34, Second Wood Street, Nantwich, Cheshire East CW5 5EQ2
£140K12/200.54 mi6, Gresty Buildings, Nantwich, Cheshire East CW5 5PX2
£112.5K03/210.54 mi3, Red Lion Lane, Nantwich, Cheshire CW5 5EP2
£160K06/230.58 mi14, Marsh Lane, Nantwich, Cheshire East CW5 5HH2
£170K10/210.58 mi7, Byron Walk, Nantwich, Cheshire East CW5 5UT2
£215K03/230.59 mi22, Mount Close, Nantwich, Cheshire East CW5 6JJ2
£210K11/210.59 mi27, Mount Close, Nantwich, Cheshire CW5 6JJ2
£192.5K05/210.59 mi25, Mount Close, Nantwich, Cheshire East CW5 6JJ2
£200K06/210.59 mi36, Mount Close, Nantwich, Cheshire CW5 6JJ2
£218K06/210.59 mi28, Mount Close, Nantwich, Cheshire East CW5 6JJ2
£125K01/210.59 mi60, Arnold Street, Nantwich, Cheshire CW5 5QB2
£170K09/210.6 mi18, Flowerscroft, Nantwich, Cheshire CW5 7GN2
£162K11/200.6 mi44, Flowerscroft, Nantwich, Cheshire East CW5 7GN2
£130K04/210.61 mi38, Prince Edward Street, Nantwich, Cheshire CW5 5NL2
£149.5K03/210.62 mi29, Albert Street, Nantwich, Cheshire CW5 5QD2
£170K11/220.64 mi24, Flowerscroft, Nantwich, Cheshire East CW5 7GN2
£135K04/210.64 mi1, Albert Street, Nantwich, Cheshire CW5 5QD2

Local Rents

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

RentDateDistanceAddressBeds 
£82512/240.14 miNantwich, CW52
£97503/250.2 mi-2
£75012/240.2 miNantwich, Cheshire, CW52
£69512/240.2 miPillory Street, Nantwich2
£69512/240.24 miNantwich, Cheshire, CW52
£85012/240.3 miRigbys Row2
£92501/240.3 mi-2
£82512/240.31 miHastings Road, Nantwich2
£80012/240.32 miNewhaven Court, Nantwich2
£85012/240.32 mi-2
£80012/240.37 miHigh Street, Nantwich, CW52
£80001/250.37 mi-2
£85012/240.44 miWhitewell Close, Nantwich2
£75012/240.46 miJackson Avenue, Nantwich2
£70002/240.46 mi-2
£75012/240.47 miMillstone Lane, Nantwich2
£95003/250.5 mi-2
£70012/240.51 miWall Lane, Nantwich2
£75012/240.6 miArnold Street, Nantwich2
£80012/240.62 miQueens Drive, Nantwich, Cheshire, CW52

Local Area Statistics

Population in CW5

29,323

Town centre distance

0.28 miles away

Nearest school

0.20 miles away

Nearest train station

0.03 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £40,000

March 21, 2025

Floor Plans

Description

  • End of Terrace +
  • 2 Bedrooms +
  • Rear Garden +
  • Requires Scheme of Improvement Works +
  • Investor/Developers +
  • Bathroom +
  • EPC Rating: G +
  • *Guide Price £40,000 - £60,000 (plus fees) +

*ONLINE Unconditional Auction Opening 14 April 2025*
To register for the legal pack and bidding, please visit our website: auctionhouse.co.uk/lincolnshire
Situation:
The property is situate on Hillfield Place, Nantwich, in the heart of this popular town, well served by a wide range of facilities and amenities, being well sought after and being extremely well positioned for access to both the Midlands and the North West of the country.

Description:
A wonderful opportunity to acquire this traditionally constructed end of terrace house, offered for sale in need of a full scheme of renovation, but offering to opportunity to restore a multitude of original features in this period property. This property should appeal to both owner occupiers and investors/developers alike, with scope to add value or generate a strong yield in this area of high rental demand. Renovated properties on this street have sold in excess of £250,000.
Accommodation Ground Floor:
Entrance Hallway
Sitting Room
Dining Room
Kitchen

First Floor:
Bedroom 1
Bedroom 2
Family Bathroom

Outside:
Front and rear gardens
Material Information Tenure:
The property is freehold. All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack.

Council Tax:
The property falls within Cheshire East Council – BAND B

Possession:
Vacant possession will be given upon completion.

Viewing:
Strictly by appointment with Auction House.

Services:
Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor.

These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. Information relating to Phone & Broadband can be found by visiting Ofcom. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them. Tenure: Freehold EPC Rating: G Administration Fee: £3600 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Agent Details

Auction House, Lincolnshire

01427 800574

Next Steps?

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