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Church Street, Malpas, Cheshire, SY14 - Image 1
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Church Street, Malpas, Cheshire, SY14 - Image 5

Church Street, Malpas, Cheshire, SY14

Wales

£235,000
Listed on 08/12/2024

Property Details

Bedrooms
N/A
Type
Detached house
Area
1447 sqft

Description

This property presents a unique opportunity for redevelopment in a desirable village setting, conveniently positioned opposite the local church. Originally constructed as a private residence, it has been converted into a mixed-use building with a retail unit on the ground floor and a two-bedroom flat above. The ground floor features a retail space that includes two distinct sales areas, an office or secondary sales area, a kitchenette, and essential facilities such as a store room and downstairs WC. This layout offers potential for various business ventures or could be repurposed to accommodate further residential living space. On the first floor, the self-contained flat includes a porch, landing, kitchen, sitting room, two bedrooms, and a family bathroom. The existing layout provides comfortable accommodation while allowing room for updates and modernization. Externally, the property benefits from an accessible driftway that leads to parking at the rear. The garden area is currently overgrown but offers ample opportunity for landscaping and enhancement to create outdoor space that complements both residential and commercial use. Given its location within the community and proximity to nearby towns—approximately 6 miles from Whitchurch and around 16 miles from Chester—this property is well-positioned for those looking to invest in restoration or conversion projects. While the building requires substantial refurbishment throughout, there is significant potential for expansion or redesign that could elevate its value greatly. With proper planning permissions in place, converting it back to a full residential dwelling could also yield promising returns in this sought-after area.

Investment Analysis

(SY14 area)

Below Market Value

This property is priced -48.0% below area average per sq ft

-48.0%
Potential saving
This Property
£162/sq ft
Area Average
£312/sq ft

Renovation Potential

Est. Renovation Cost
£23,500 - £58,750
10-25% of property value
Target Value
£497,247
10% above area average per sq ft
Potential ROI
+69.3%
After renovation
Monthly Sales
5
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (SY14)

Area prices are falling by +10.1% over the last 12 months
3 year growth: -4.6%
5 year growth: 11.7%
Investment Disclaimer: Analysis based on SY14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Church Street, Malpas, Cheshire, SY14
Map showing location of Church Street, Malpas, Cheshire, SY14
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