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23 Winnington Lane, Northwich, Cheshire, CW8 4DE - Image 1
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23 Winnington Lane, Northwich, Cheshire, CW8 4DE

North West

£190,000

Listed on 11/05/2026

Property Details

Bedrooms
5
Type
Semi Detached

Description

This property presents a significant opportunity for renovation and investment, currently configured as residential accommodation yet possessing the versatility for conversion into mixed-use or commercial units, pending relevant permissions. The existing layout features two independent residential units that could be transformed into a profitable six-bedroom House in Multiple Occupation (HMO), with each room potentially generating a monthly rental income of £500. The front section boasts a spacious open-plan area, ideal for various commercial uses, supplemented by essential facilities including a kitchen and downstairs bathroom. This creates an appealing option for live/work scenarios or business ventures. Moving to the ground floor, the layout encompasses an open-plan lounge with adjacent kitchen and dining space, alongside a double bedroom and bathroom. A separate side access leads to a private rear garden—offering potential for increased privacy or separate entry points. The upper floors feature a generously sized living room, potential kitchen area, bathroom, large double bedroom, plus an additional room that can serve multiple functions such as study or guest room. Furthermore, this property can easily revert to one extensive family home and boasts off-street parking along with an enclosed rear garden. Positioned within Northwich, it offers remarkable prospects for enhancement and reconfiguration in a convenient location.

Investment Analysis

(CW8 area)
Area Average
£275/sq ft
Avg Rent (weekly)
£222
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (CW8)

Area prices are stable by +1.2% over the last 12 months
3 year growth: +5.2%
5 year growth: +20.4%
Investment Disclaimer: Analysis based on CW8 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

23 Winnington Lane, Northwich, Cheshire, CW8 4DE
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£718
Based on a loan of £142,500 over 30 years at 4.45% 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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