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See how verdicts work3-bedroom semi-detached house · CW12 2FZ
For saleListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**50% shared ownership** Redwing are delighted to offer for sale this attractively presented three bedroom semi-detached property.
Set within a stone’s throw of the beautiful Cheshire countryside and a short drive to the spectacular scenery of the Peak District National Park.
Congleton itself is a quaint little town full of bustling shops and all your everyday amenities.
The property offers bright and deceptively spacious family accommodation comprising an entrance hall, fitted kitchen, a lounge opening out onto the rear garden, and a useful Cloaks/WC.
To the first floor there are three bedrooms and a modern bathroom. Externally there are gardens to the rear and front. In addition there is a driveway to the side. EPC grade B.
Don't miss out on this beautiful affordable home.
Shared ownership You are buying a 50% Share of this property for £125,000 Additional outgoings Collected monthly based on 48 weeks Shared Ownership Rent = £69.93 pw Building insurance Service charge = £7.07 pw Third party managment fee = £3.96 pw Mangement Service fee = £1.77 pw Assurance Fee = £0.79 pw total payable = £83.52 pw The lease Lease: Term : 125 years from and including5 November 2019 Energy performance certificate EPC grade= B Local conection criteria You must meet the Local Connection Criteria for this property: Category A: Currently lives or has lived within the administrative area of Cheshire East Council and has done so for 6 out of the last 12 months or 3 out of the last 5 years; or Category B: Has immediate family (parent, sibling, child or adoptive parent) who are currently living in the administrative area of Cheshire East Council and who has done so for at least 5 years; or Category C: Has a permanent contract of employment in the administrative area of Cheshire East Council; or Category D: Is a member of the armed forces or former service personnel (within 5 years of their discharge) or a bereaved spouse or civil partner of a member of the armed forces leaving services family accommodation following the death of their spouse or partner, or a serving or former member of the reserve forces who needs to move because of a serious injury, medical condition or disability sustained as a result of such membership; or Category E: Has other significant connections to the administrative area of Cheshire East Council such that in the reasonable opinion of the hm, they should be eligible for Affordable Housing within the administrative area of Cheshire East Council;
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
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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.
Area
Agent & docs
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FAQ
About 56, Lomas Way, Cheshire
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