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Chester Road, Mere, WA16

North West

£950,000

Listed on 07/07/2025

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1947 sqft

Description

Set on a desirable plot of around 0.3 acres, this spacious bungalow provides nearly 2,000 sq. ft. of flexible living area, accompanied by a substantial rear garden featuring an expansive patio ideal for outdoor gatherings. Nestled along a peaceful service lane off Chester Road, this property is surrounded by recently redeveloped homes, making it an intriguing opportunity for either customization or a complete rebuild, pending necessary planning permissions. The layout is designed with a welcoming hallway that distinctly separates the living spaces from the sleeping quarters. The large living room is complemented by a functional kitchen with an adjoining pantry and an additional sitting room that offers views of the rear garden. A cloakroom/WC can be accessed conveniently through an inner hallway leading to the garage. Although the property has been well-cared for over time and includes recent updates to both the main bathroom and en-suites, there remains ample room for personal touches and enhancements that reflect individual tastes. Accessed via elegant twin gates and a sweeping driveway leading to the integral garage, the exterior features a beautifully maintained lawn and generous seating area in the back garden, offering opportunities for future expansions or landscaping projects. EPC Rating: F

Investment Analysis

(WA16 area)

Above Market Value

This property is priced +18.0% above area average per sq ft

+18.0%
This Property
£488/sq ft
Area Average
£414/sq ft
Avg Rent (weekly)
£415
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£885,807
10% above area average per sq ft
Potential ROI
-15.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (WA16)

Area prices are rising by +5.8% over the last 12 months
3 year growth: -3.9%
5 year growth: +20.8%
Investment Disclaimer: Analysis based on WA16 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

Chester Road, Mere, WA16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£3,389
Based on a loan of £712,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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