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Derwent Road, Warrington, WA4 - Image 1
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Derwent Road, Warrington, WA4

North West

£295,000

Listed on 04/09/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
947 sqft

Description

This three-bedroom semi-detached house on Derwent Road presents an exciting opportunity for buyers looking to make their mark. With planning permission already granted for a single-storey wrap-around extension, the property offers a unique chance to expand and enhance the living space. The spacious accommodation includes an entrance hall leading to an open-plan lounge and dining area, complete with double doors that open onto the rear garden. The kitchen/breakfast room is well-equipped with a range of wall and base units, providing a functional area for cooking and dining. Upstairs, the property features three bedrooms and a three-piece family bathroom, all of which offer significant potential for further improvement and modernisation. Renovation works have already begun on the first floor, giving a head start to those eager to complete the transformation. Externally, the property boasts gated off-road parking that leads to a detached garage, offering excellent additional storage or potential for various uses, subject to necessary permissions. This home is offered for sale with no onward chain, making it an appealing option for buyers seeking a straightforward purchase.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

42out of 100
Grade ELow opportunity

Confidence: MEDIUM

This three-bedroom semi-detached home on Derwent Road presents a substantial renovation project with a guide price of £295,000, which is slightly above the local average at £312/sqf. While the price is relatively affordable compared to the local market, the overall economics of the project are a concern. The all-in costs, estimated to reach around £395,000, exceed the implied local average value of £289,072, indicating a significant margin squeeze.

The property is already showing signs of renovation, particularly upstairs, which provides a unique opportunity for buyers to further enhance the living spaces and create a tailored home. The presence of planning permission for a single-storey wrap-around extension adds considerable value and flexibility to the project. However, it's essential to be aware that the extent of the works required is substantial, and the property will need a full-gut approach rather than a simple refresh to realize its full potential.

Key opportunities

  • Planning permission granted for a single-storey wrap-around extension, allowing for significant expansion.
  • Existing renovation work has begun, providing a head start for further customization.
  • Spacious layout with potential for modernisation to suit personal tastes.

Key risks

  • Stripped interiors and a £80,000–£120,000 works budget make this a full-gut programme, not a refresh.
  • Worth allowing for £395,000 all-in — £100,000 of works on top of the asking price — around 27% above what similar-sized stock commands locally today — current-condition benchmarks only, not after-works GDV.

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Map

Location

Derwent Road, Warrington, WA4
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Finance

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Illustrative repayments based on the asking price, not a mortgage offer.

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,114
Based on a loan of £221,250 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.

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