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Cobbs Lane, Crewe CW2

North West

£570,000

Listed on 08/05/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
2246 sqft

Description

This detached bungalow presents a compelling opportunity for investors and renovators alike, situated within an expansive 3.26-acre plot in the desirable area of Cheshire. The property currently offers two to three bedrooms and a spacious open-plan living area ideal for modern living, yet it also comes with significant development potential, particularly with existing planning permissions to convert it into a two-storey home. This transformation will introduce an additional storey housing three bedrooms and two bathrooms while enabling a large utility room and an impressive roof terrace above the orangery. The interior features a bright and airy kitchen that blends seamlessly with dining and lounge spaces, perfect for both family life and entertaining. The addition of a private garden room enhances the appeal, providing serene views of the well-maintained gardens and woodland areas that ensure privacy. With separate outbuildings including garages and workshops, the possibilities for further enhancement are extensive. The current owners have also secured lawful development certification for modernising the garden room, which can be upgraded without requiring further planning approval. With precedents set nearby for various forms of redevelopment—ranging from complete conversions to new builds—the property stands as an attractive canvas for future projects in a prime location near major transport links and local amenities.

Investment Analysis

(CW2 area)

Above Market Value

This property is priced +7.5% above area average per sq ft

+7.5%
This Property
£254/sq ft
Area Average
£236/sq ft
Avg Rent (weekly)
£217
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£583,062
10% above area average per sq ft
Potential ROI
-15.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (CW2)

Area prices are rising by +11.1% over the last 12 months
3 year growth: +1.8%
5 year growth: +11.1%
Investment Disclaimer: Analysis based on CW2 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

Cobbs Lane, Crewe CW2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,034
Based on a loan of £427,500 over 30 years at 3.97% 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

Price History

-5.0% since listed
£570,000£30,000(-5.0%)
15/03/2026
Current price
£600,000Initial listing
18/09/2024

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