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Astbury Lake, Newcastle Road, Congleton, Cheshire, CW12 - Image 1
Astbury Lake, Newcastle Road, Congleton, Cheshire, CW12 - Image 2
Astbury Lake, Newcastle Road, Congleton, Cheshire, CW12 - Image 3
Astbury Lake, Newcastle Road, Congleton, Cheshire, CW12 - Image 4
Astbury Lake, Newcastle Road, Congleton, Cheshire, CW12 - Image 5
Astbury Lake, Newcastle Road, Congleton, Cheshire, CW12 - Image 6
Astbury Lake, Newcastle Road, Congleton, Cheshire, CW12 - Image 7
Astbury Lake, Newcastle Road, Congleton, Cheshire, CW12 - Image 8

Astbury Lake, Newcastle Road, Congleton, Cheshire, CW12

North West

£600,000
Listed on 04/06/2024

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a significant redevelopment opportunity, backed by outline planning consent for converting the existing restaurant site into residential units. Additionally, the design retains land designated for biodiversity habitat, as specified in planning application number 22/0621C. Positioned on the outskirts of Astbury Mere Country Park, the site commands impressive views over the picturesque lake, which was formed in a former sand quarry and is now complemented by extensive landscaping and over thirty-four acres of open space. The serene lake is not only a natural asset but also serves as a shared amenity with a sailing club, making it an attractive spot for leisure activities like walking and sailing. Astbury itself is a quaint village in Cheshire, surrounded by beautiful countryside. It features one of the few remaining village greens in England and is dominated by a stunning fourteenth-century Gothic church that enhances its historic charm. The location offers easy access to Congleton town center, which provides comprehensive amenities and services. For investors and developers, this property holds exceptional potential due to its favorable placement just south of Congleton. The area boasts excellent transport links with quick access to major roadways connecting to both Stoke-on-Trent and Manchester via nearby junctions. Additionally, Congleton Railway Station on the West Coast Main Line facilitates efficient commuting options. This unique combination of location benefits and redevelopment potential creates an intriguing opportunity for those looking to invest in residential development within a picturesque setting surrounded by natural beauty and community charm.

Investment Analysis

(CW12 area)
Area Average
£286/sq ft
Avg Rent (weekly)
£271
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (CW12)

Area prices are stable by +1.0% over the last 12 months
3 year growth: 3.1%
5 year growth: 21.7%
Investment Disclaimer: Analysis based on CW12 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

Astbury Lake, Newcastle Road, Congleton, Cheshire, CW12
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,198
Based on a loan of £450,000 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.

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