Alvaston Road, Nantwich, CW5

This four-bedroom terraced house in Nantwich presents a considerable renovation opportunity for buyers looking to make their mark. With around 1,000 sq ft of space spread over three floors, it features a dated but functional living room, a separate dining area, and a kitchen that is ready for a modern overhaul. The presence of a ground-floor bedroom with ensuite is a real bonus for those needing flexible living arrangements. The enclosed rear garden and garage add to its appeal, making it suitable for families or those seeking a project with potential.

However, the current asking price of £200,000 translates to £326/sq ft, which is notably above the local average of £284/sq ft. When factoring in the renovation costs ranging from £40,000 to £80,000, the all-in cost of approximately £260,000 is stretched against the implied local average value of just £174,223. This could limit the financial upside post-renovation, making it crucial for buyers to consider the economics carefully before proceeding. Bidding can drive the final sale price above the guide, so keep that in mind as you weigh your options.