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See how verdicts work2-bedroom bungalow · CW12 4EL
For saleListed 330 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**NO CHAIN** Stephenson browne are delighted to offer for sale this mid terrace bungalow, forming part of a conveniently located development of retirement homes.
The property is held on a long lease from Anchor Housing Association who, under a monthly service charge, cover garden maintenance, cleaning of windows, repairs to the building and an emergency pull cord alarm system.
The only stipulation is that the occupier has to be at least 55 years old. It is sold on a shared equity basis (75% occupier 25% Anchor Trust. The price quoted is for a 75% share of the full price).
There is a visiting Estate Manager and the added security of emergency Anchor call response system, which is an emergency monitoring centre providing a response 24 hours a day, 365 days a year, for periods when the Estate Manager is off duty.
Firstly, we must mention the location, with the ever popular Astbury Mere Country Park only a stone's throw away, as well as being a short walk into Congleton town centre boasting many shops, cafes and eateries.
You also have Barn Road Retail Park just down the road with a variety of supermarkets and shops.
Internally the property comprises of entrance hall, lounge, breakfast kitchen, two bedrooms and a wet room.
Externally, the property benefits from a rear garden, backing directly onto Congleton Cricket Ground, giving a fantastic outlook.
The garden is mostly laid to lawn with a paved patio area, perfect for outdoor dining. There is also a car park to the side of the bungalows allowing off road parking.
Entrance Hallway - External front door, ceiling light fitting, carpet flooring, power points, central heating radiator.
Lounge - 4.3 x 3.2 (14'1" x 10'5") - UPVC double glazed window to the front elevation, carpet flooring, ceiling light fitting, central heating radiator, feature electric fireplace with marble hearth and surround, power points.
Kitchen - 3.2 x 3.1 (10'5" x 10'2") - Fitted kitchen comprising wall and base units with work surface over, tiled splash back, inset sink with single drainer and mixer tap, oven with four ring gas hob and extractor over, space and plumbing for washer/dryer, space for fridge freezer, wood effect flooring, ceiling light fitting, central heating radiator, UPVC double glazed window to the rear elevation, external rear door access, extractor fan, power points, houses the boiler.
Bedroom One - 4.3 x 3.0 (14'1" x 9'10") - UPVC double glazed window to the rear elevation, ceiling light fitting, carpet flooring, central heating radiator, power points.
Bedroom Two - 2.9 x 2.3 (9'6" x 7'6") - UPVC double glazed window to the front elevation, ceiling light fitting, central heating radiator, carpet flooring, power points.
Wet Room - 2.7 x 2.0 (8'10" x 6'6") - Externally, the property benefits from a rear garden, backing directly onto Congleton Cricket Ground, giving a fantastic outlook.
The garden is mostly laid to lawn with a paved patio area, perfect for outdoor dining. There is also a car park to the side of the bungalows allowing off road parking.
Externally - Externally, the property benefits from a rear garden, backing directly onto Congleton Cricket Ground, giving ultimate privacy.
The garden is mostly laid to lawn with a paved patio area, perfect for outdoor dining. There is also a car park to the side of the bungalows allowing off road parking.
Tenure - We understand from the vendor that the property is leasehold. Service charge is approx. £232 per calendar month. There is a 99 year lease commencing 31.03.1998.
We would however recommend that your solicitor check the tenure prior to exchange of contracts. Need To Sell? - For a FREE valuation please call or e-mail and we will be happy to assist.
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
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FAQ
About The Green, Astbury Street, Congleton
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