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Old Chester Road, Nantwich

North West

£170,000
Listed on 03/11/2024

Property Details

Bedrooms
2
Type
Terraced house
Area
764 sqft

Description

This charming two-bedroom terraced cottage spans three stories and is situated in a desirable location, just a short distance from Nantwich. The property boasts a picturesque canal side setting, within walking distance of the Barbridge Inn, and offers convenient access to Nantwich town center. While the cottage retains many appealing period features, it presents significant potential for renovation and expansion, allowing for customization to meet modern living standards (subject to planning consent). The layout includes a welcoming lounge, a dining room, and a kitchen on the ground floor. The first floor consists of a bedroom, a bathroom, and leads up to an additional bedroom on the second floor that features a roof terrace with views of the gardens and canal—ideal for enjoying the outdoor space. Investors or those looking to create their dream home will appreciate the property's capacity for improvement. Its prime location near essential amenities and recreational opportunities enhances its appeal as both a residential property and an investment opportunity. Whether you're looking to renovate for personal use or seeking to add value through updates, this cottage provides a unique foundation on which to build.

Investment Analysis

(CW5 area)

Below Market Value

This property is priced -19.4% below area average per sq ft

-19.4%
Potential saving
This Property
£223/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£245
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£231,992
10% above area average per sq ft
Potential ROI
+5.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (CW5)

Area prices are falling by +4.6% over the last 12 months
3 year growth: -1.1%
5 year growth: 15.0%
Investment Disclaimer: Analysis based on CW5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Old Chester Road, Nantwich
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£623
Based on a loan of £127,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE