2-bedroom house · CW12 4ZN
Sold STCListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern first home with a little extra help getting you on the ladder! If owning your own home has always felt just out of reach, 37 Larch Place could be the opportunity you’ve been waiting for!
Built in 2021 and beautifully modern throughout, this two bedroom home offers an easy, low maintenance lifestyle in the popular Somerford Reach development, with everything you need for your first step into home ownership.
Inside , there’s a welcoming lounge, modern kitchen and handy downstairs WC, while upstairs are two double bedrooms one with fitted wardrobes, and the family bathroom.
There’s also useful loft storage, giving you that extra space for everything you don’t need every day.
To the rear , the home enjoys a beautiful East facing garden with a rear gate, creating a lovely private outdoor space to enjoy.
There are also two allocated parking spaces to the front, alongside an electric vehicle charging point. And then there’s the part that could make all the difference.
Through the discounted sale scheme, you can purchase 100% ownership of this home for just 70% of its full market value.
There is no rent payable on the remaining 30%, making the fixed purchase price just £175,000. Applications must be made and the eligibility criteria met before a purchase can proceed.
Applications will be considered on a first come, first served basis, so early application is essential.
For anyone looking for a modern, low maintenance first home with the opportunity to own the property outright at a significantly reduced purchase price, this is a fantastic opportunity to explore.
Fixed price £175,000 I can’t wait to find its lovely new owner, book in your 30 minute viewing with me. Please quote reference NH1595. fb- Natalie the estate agent & ig natalie_theestateagent.
Disclaimers In accordance with Anti-Money Laundering Regulations, all purchasers will be required to complete identity verification checks upon acceptance of an offer.
These checks are carried out via Movebutler at a cost of £30 per person. How to apply for discount for sale homes First step feel free to call me and ask for advice on the process.
If you see a home listed for sale which is on the scheme and wish to apply, the online link is below and you will need to provide the following supporting documentation which can be uploaded via the online form: 1.
A signed, letter-headed statement from a financial advisor accredited by the Financial Conduct Authority (fca).
The statement should refer to the property value and include the name/s of any applicant/s.
It must confirm that based on your household income, mortgage ability and deposit amount, why you could not afford the property at the full open market value and could only afford it at the discounted price.
We cannot assess with a Decision in Principle alone. Please ensure the finance letter is attached to your application form. 2.
Evidence of your local connection - one of the following: • if you live in the area, please send proof of your Cheshire East address, such as a utility bill, council tax bill or driving licence • if you no not live in the area but work here, a letter from your employer confirming you have a permanent contract to work in Cheshire East • if you do not live or work in the area, proof of an immediate family (parents/siblings/children) member's Cheshire East address.
Ensure that your local connection evidence and financial advisor letter are attached to your application form.
Any gift deposits must be confirmed with a letter from the family member providing it and sent along with the application form.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 37, Larch Place, Congleton
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