10 Tricketts Mews, Willaston, Nantwich, Cheshire, CW5 6PS

Description

Pretty mews house occupying a cul-de-sac location comprising lounge, dining kitchen with built in oven and hob, two bedrooms and bathroom/wc. Rear garden. Nominated parking space. Gas central heating and double glazing. VACANT POSSESSION. To be sold by auction on 21st October / 22nd October 2026 unless sold prior under auction terms.

Accommodation

Lounge, dining kitchen with built in oven and hob, two bedrooms, bathroom/wc and rear garden.

Location

Cul-de-sac location in Willaston, a sought-after village on the outskirts of Nantwich, close to regular bus routes, Nantwich and Crewe train stations, the A500, M6, A530 and A51. Nearby amenities include Willaston Primary Academy, playing fields, shops, pubs and eateries.

Tenure / Property Information

Investment Analysis

The two most recent same-development sales were £132,000 in February 2020 and £168,000 in November 2022. A base GDV of £150,000 uses the midpoint of these comparables. A £132,000 low scenario and £168,000 high scenario reflect the supplied evidence, but condition differences, exact specification and current market movement are not evidenced.

Investment Snapshot

Strategy Recommendation

Proceed only subject to legal, lease and physical inspection due diligence and a disciplined bid below the evidence-supported GDV. The guide-level gross rental yield is attractive, but the missing costs and rent validation prevent a firm investment conclusion.

Works Required

No specific defects or refurbishment requirements are stated. Allow for inspection-led cleaning, decoration or minor repairs only if identified, but no works budget can be supported from the evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £115,000 guide, 75% of the base £150,000 GDV is £112,500. The property is vacant and has a long lease, but refurbishment costs, acquisition charges and finance costs are unavailable; therefore the cash required and refinance viability cannot be reliably calculated.

Buy-to-Let Analysis

The auctioneer's estimated rent is £900 pcm, equating to £10,800 annually and a gross yield of 9.39% against the £115,000 guide. This is an estimate rather than passing rent, and no sufficiently specific external rental evidence or operating costs were supplied, so net yield and a fully costed return cannot be established.

Flip Analysis

The base GDV is estimated at £150,000 against the £115,000 guide, indicating a £35,000 gross spread before works, buying costs, finance, tax and selling costs. No supported refurbishment or selling allowance is available, so a net flip surplus cannot be calculated.

Investor Risks & Due Diligence

• The £900 pcm figure is an auctioneer estimate rather than achieved or passing rent.

• Comparable sales range from £132,000 to £168,000 and are dated 2020 and 2022.

• No refurbishment budget can be supported because no defects or condition details are provided.

• Buyer, administration, finance and selling costs are not supplied, preventing a reliable maximum bid or net surplus calculation.

• EPC is on order and lease/legal documentation has not been supplied for review.

Recommendation

Proceed only subject to legal, lease and physical inspection due diligence and a disciplined bid below the evidence-supported GDV. The guide-level gross rental yield is attractive, but the missing costs and rent validation prevent a firm investment conclusion.

Strategy Rating

Analysis Confidence

There are several same-development completed sales and a supplied rent estimate, but the comparables are dated, no condition-specific evidence or rental comparables are available, and buyer fees, works and finance costs are not supplied.