2-bedroom flat · CW5 7FZ
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no-onward chain is this very well presented, first floor apartment in a quiet residential area that is within walking distance of Nantwich town centre.
Our subject property has been updated and well-maintained over the years, improvements include Amtico flooring throughout, newly installed Bosch kitchen appliances and a Worcester Bosch combi-boiler to name a few.
In recent weeks the property has been fully redecorated throughout, meaning any lucky purchasers could just move straight in with no work required.
Located in the village of Stapeley, you will find the apartment in a small, purpose-built block with just 6 apartments within.
The location is ideal as the town centre, train station and local schools are all within walking distance from here.
A property of this size and location would prove ideal for first-time buyers, downsizers and property investors alike.
Accommodation Communal Hallway - Accessed via a secure front door, there in an intercom system, meter cupboards and stairs to the first floor where our apartment is located.
Entrance Hallway - Wooden front door, wall mounted radiator, a useful storage cupboard, Amtico tiled floor and doors into all rooms.
Open Plan Kitchen / Living Room - A spacious and bright room (south facing outlook) with three uPVC double glazed windows to the rear elevation that are fitted with wooden venetian blinds that fill the room with ample natural light.
Kitchen Area - Fitted with a number of white gloss wall and base units with working surfaces over incorporating a stainless-steel sink and drainer, newly installed Bosch electric oven with a Bosch induction hob and integrated extractor fan above, built-in fridge / freezer, washer / dryer and freestanding Bosch dishwasher.
Partially tiled walls and Amtico flooring and wall mounted radiator. Living / Dining Area - Continuation of the Amtico flooring, wall mounted radiator and TV point.
Bedroom One - A spacious room with a uPVC double glazed window to the rear elevation with a wooden Venetian fitted blind, wall mounted radiator, continuation of the Amtico flooring, TV point and space for ample wardrobes / bedroom furniture.
Bedroom Two - uPVC double glazed window to the front elevation with a wooden Venetian fitted blind, wall mounted radiator, built-in storage cupboard and continuation of the Amtico flooring.
Family Bathroom - A spacious room fitted with a full four piece suite comprising a white composite panelled bath with hot & cold taps, a freestanding shower unit with an electric shower and glass screen, pedestal hand wash basin and low level W.C.
Partially tiled walls and Amtico tiled flooring, wall mounted radiator, fitted extractor fan and a frosted uPVC double glazed window to the front elevation.
Outside - The property comes with an allocated parking space and there is a communal bin store. Lease Details The lease is 150 years in length and started in January 2006.
Service charge is £136.03 per calendar month. Ground rent is £150 per annum.
For anyone looking at buying the apartment as a buy-to-let, our sister company Martin & Co anticipate a rental income of £850 per calendar month.
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.
Area
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FAQ
About Cherry Tree Court, Nantwich, Cheshire, CW5
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