Forest Road, Oakmere, Northwich
North West
£185,000Guide Price
Listed on 25/10/2026
Listed on 25/10/2026
The listing
Property details
Bedrooms
N/AType
PlotDescription
Offered at auction, this freehold development site in Oakmere occupies the former position of Golden Nook Bungalow, demolished in 2024. The listing describes the plot as a good size and suggests it may accommodate one or more properties, subject to planning permission. Mains electricity, water, gas and drainage are available but require reconnection. The site is in a convenient position with access to the A556 and routes towards Chester, Manchester and the motorway network.
Bidding requires registration through the agent's online platform and a £5,000 card reservation, payable only by the successful bidder. A further deposit and a buyer's premium of 2% of the sale price plus VAT are payable immediately after the auction, with completion due within 20 working days unless otherwise agreed. The vendor's solicitor is Butcher & Barlow. The listing states that VAT is not payable.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
35out of 100
Grade ELow opportunity
Confidence: LOW
This is a cleared development site rather than a renovation of a standing house: the former bungalow was demolished in 2024, and the plot is now overgrown with scattered debris. Its size, road access and stated mains services offer scope to shape a new home or homes, subject to planning permission, with reconnection and site preparation part of the project. The WHOTS score is 35/100 (E), reflecting limited information on value and project economics as well as the scale of work. Floor area is missing, so value versus local £/sqf cannot be judged yet.
The sale is by auction and £185,000 is the guide price; bidding can take the hammer above the guide, so the eventual price may not stay this cheap. Planning feasibility has not been verified, and the services are stated to require reconnection.
Key opportunities
- The plot is described as a good size and may accommodate one or more properties, subject to planning permission.
- A cleared site gives a buyer scope to plan a new home or homes from the ground up rather than work around an existing layout.
- Road access and stated mains electricity, water, gas and drainage provide a starting point for site preparation and a future build.
Key risks
- An overgrown, debris-strewn cleared plot with no standing dwelling makes this a site-clearance and new-build programme, not a cosmetic refresh; allow for preparation and service reconnection.
- The listing's development potential is subject to planning permission, and feasibility has not been verified.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£699
Based on a loan of £138,750 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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