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Waywell Close, Fearnhead, WA2

North West

£152,000
Listed on 27/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
931 sqft

Description

This 3-bedroom mid-terraced house presents a promising opportunity for those seeking a renovation project or an investment endeavor. The property features spacious bedrooms that provide ample room for creative redesign, allowing potential buyers to tailor the space to their individual preferences and needs. Located in an area with convenient access to local amenities and transport links, this home is ideally positioned for both lifestyle convenience and potential rental appeal. Essential services, shops, and public transit options are easily accessible, enhancing the property's attractiveness for future occupants or renters. While the house requires modernisation, this aspect allows you to reimagine the interiors according to contemporary standards or personal style. The freehold status adds to its appeal, as does the absence of a chain that simplifies the purchasing process. This property represents not just a home but also a canvas for investment potential. With thoughtful renovations, it could become a desirable residence in this sought-after locale. This is an excellent opportunity for DIY enthusiasts or investors looking to enhance value through improvements.

Investment Analysis

(WA2 area)

Below Market Value

This property is priced -27.1% below area average per sq ft

-27.1%
Potential saving
This Property
£163/sq ft
Area Average
£224/sq ft
Avg Rent (weekly)
£194
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£229,501
10% above area average per sq ft
Potential ROI
+19.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (WA2)

Area prices are rising by +2.3% over the last 12 months
3 year growth: 4.5%
5 year growth: 34.1%
Investment Disclaimer: Analysis based on WA2 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

Waywell Close, Fearnhead, WA2
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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
£557
Based on a loan of £114,000 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.

Next Steps

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