2-bedroom bungalow · CW10 9EW
Sold STCListed 153 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two-bedroom retirement bungalow ideally situated on the hugely popular "Weavers" Development for residents over the age of 60. Located close to the town centre and all local amenities.
The property is priced to reflect the need for cosmetic updating and offers great potential for the next lucky owner to create a lovely home.
The well-designed accommodation offers good sized living space ideal for those looking to downsize. On arrival an entrance hall has doors leading to the shower room, both bedrooms and lounge.
The two bedrooms are both a good size and can easily accommodate a double bed. The second bedroom offers the flexibility to be used as a study or dining room if preferred.
The lounge located to the rear is light and bright thanks to two large windows overlooking the garden. Just off the lounge is the kitchen.
Externally there is lovely well maintained communal gardens to the side and rear which is the perfect place to sit out and enjoy without having to lift a finger.
Offered for sale with No Onward Chain meaning you can move in when you choose.
Ground Floor Entrance Hall Lounge 3.2m x 4.7m Kitchen 8 x 2.82m Master Bedroom 3.6m x 3.02m Bedroom 2 2.62m x 4.7m Shower Room 2m x 1.8m Location Middlewich is a popular market town of historical interest.
It benefits from nearby open countryside and has the additional attraction of local canals providing excellent scenic walkways. Tenure Leasehold. 125 Year Lease from 01-01-1988.
Ground Rent- £295 per annum | Service Charge- £136 per month. Local Authority & Tax Band Cheshire East.
Council Tax Band: B Services The property is connected to mains electric, water and drainage. We have not tested any of the services. Viewings Strictly by appointment.
Please contact Townbridge Estate Agents to arrange your viewing.
Agents Notes These particulars whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract.
Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
All measurements quoted are approximate. We are unable to confirm the working order of any fixtures and fittings including appliances that are included in these particulars.
No person in the firms employment has the authority to make or give any representation or warranty in respect of the property.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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FAQ
About Lambourne Grove, Middlewich
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