10 Antrobus Street, Congleton, Cheshire, CW12 1HG

Description

No-chain two-bedroom mid-terrace property near Congleton town centre, described as suitable for first-time buyers, investors or those seeking a conveniently located home. The property benefits from gas-fired central heating, PVCu double glazing and an enclosed courtyard yard.

Accommodation

Ground floor: front entrance, lounge with feature fireplace and stairs to the first floor, dining kitchen with access to the cellar, inner area, rear porch, shower room and enclosed yard. First floor: landing, two double bedrooms. Bedroom 2 has a built-in wardrobe and recessed wardrobe with access to the roof space.

Location

Situated within easy walking distance of Congleton town centre, with independent shops, bars, cafés and restaurants. Congleton Park is a short stroll away. The property has access to the M6 motorway network and Congleton Station is approximately 1.2 miles away, with direct links to Manchester and Liverpool.

Tenure / Property Information

Investment Analysis

The latest supplied comparable is 9 Antrobus Street at £167,500 in July 2025, while the subject itself sold for £87,250 in February 2019. Other supplied Antrobus Street sales range from £105,000 to £115,000 between 2017 and 2020. A base GDV of £167,500 uses the latest nearby evidence, but comparability, property condition and intervening improvements are not evidenced. The £115,000 low scenario reflects older local evidence; no reliable high scenario above £167,500 is supported.

Investment Snapshot

Strategy Recommendation

Potential BTL or owner-occupier purchase if acquired near the lower part of the guide and the legal pack and inspection are satisfactory. Do not rely on the base GDV or BRRR cash-release figure without confirming condition, valuation and achievable rent.

Works Required

No specific defects or required works are evidenced. Before bidding, inspect the gas central heating, boiler, PVCu double glazing, cellar, roof-space access, shower room, kitchen and enclosed yard, and verify any legal-pack requirements. No refurbishment allowance has been included.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At an assumed £80,000 purchase price, the stated buyer and admin charges produce a known-cost total of £83,600 before works, disbursements and finance. A 75% refinance against the £167,500 base GDV would be £125,625, implying indicative cash released of £42,025 before finance costs, tax and any works. This is highly dependent on the achievable valuation, lender criteria, rent and actual condition; no works budget is evidenced.

Buy-to-Let Analysis

Using the £80,000 midpoint of the guide and the midpoint advertised rent of £822.50 pcm, annual gross rent is £9,870. This indicates approximately 12.34% gross yield on the midpoint purchase price, or 11.81% including the stated £3,600 buyer premium and admin charge. The rental evidence is asking-rent evidence only; mortgage, maintenance, voids, insurance, tax and any refurbishment are excluded.

Flip Analysis

A base resale value of £167,500 is supported only by the latest nearby sale and is not a formal valuation. With £80,000 purchase price and £3,600 stated charges, the known-cost surplus before works, selling costs, finance and tax would be £83,900. A reliable flip surplus cannot be established because refurbishment, selling and finance costs are unsupported.

Investor Risks & Due Diligence

• The latest nearby comparable may not match the subject property's condition, size or specification.

• The subject property's only supplied sale is from 2019, limiting current valuation confidence.

• Rental figures are advertised asking rents rather than achieved or passing rents.

• Condition and required refurbishment costs are not evidenced, including the cellar, roof-space access, kitchen, shower room, boiler and yard.

• Additional legal-pack disbursements, search fees, seller-cost reimbursements, legal fees and transfer fees may apply.

• The guide is a range of £65,000 to £95,000, so returns vary materially depending on the final purchase price.

Recommendation

Potential BTL or owner-occupier purchase if acquired near the lower part of the guide and the legal pack and inspection are satisfactory. Do not rely on the base GDV or BRRR cash-release figure without confirming condition, valuation and achievable rent.

Strategy Rating

Analysis Confidence

The property description, tenure, guide, stated charges, sold comparables and asking-rent evidence are supplied, but condition, legal-pack disbursements, achieved rent, parking, council tax, refurbishment costs and a directly comparable current valuation are not evidenced.