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Common Lane, Lach Dennis, CW9 - Image 1
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Common Lane, Lach Dennis, CW9

North West

£450,000
Listed on 15/03/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1471 sqft

Description

This 3-bedroom detached bungalow presents an excellent opportunity for those interested in renovation and investment potential. Situated in a desirable area, the property boasts attractive open field views at the rear, enhancing its appeal. The layout offers considerable flexibility, allowing for various configurations to suit individual needs. The inclusion of modifications to the loft and garage has expanded the living space to nearly 1,500 square feet. This versatility means the property can easily adapt to different lifestyles, whether you envision creating additional bedrooms or reimagining living areas. The front and rear gardens are generously sized, providing a pleasant outdoor environment ideal for relaxation or family activities. Additionally, the expansive driveway accommodates multiple vehicles, which is a valuable asset in this location. With no onward chain, this property is ready for new owners to explore its full potential. It's an ideal canvas for anyone looking to invest in a home that can be tailored to their preferences or enhanced further through renovation. An EPC Rating of E completes this offering, making it a worthwhile prospect for both homeowners and investors alike.

Investment Analysis

(CW9 area)

Above Market Value

This property is priced +16.0% above area average per sq ft

+16.0%
This Property
£306/sq ft
Area Average
£264/sq ft
Avg Rent (weekly)
£206
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£426,855
10% above area average per sq ft
Potential ROI
-13.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (CW9)

Area prices are rising by +8.7% over the last 12 months
3 year growth: 14.5%
5 year growth: 17.3%
Investment Disclaimer: Analysis based on CW9 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

Common Lane, Lach Dennis, CW9
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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
£1,648
Based on a loan of £337,500 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