20 Chestnut Grove, Crewe, Cheshire

Description

Vacant freehold mid terrace house by order of a Housing Association. GIA approximately 66 sq m (710 sq ft), sourced from the EPC.

Accommodation

Ground floor: reception room, kitchen and WC. First floor: two bedrooms and bathroom. Rear yard.

Location

Situated on the north side of Chestnut Grove. Grand Junction Retail Park is to the south, Crewe Railway Station is approximately 1 mile to the south, the A534 is readily accessible providing direct access onto the M6 motorway, and Lime Tree Park is nearby.

Tenure / Property Information

Investment Analysis

The strongest evidence is 15 Chestnut Grove, an apparently comparable freehold terrace, which sold for £107,000 on 27 February 2026. Other same-street sales range from £77,000 to £97,500 but are older. The £110,000+ guide is above the latest evidenced sale, while the subject's condition is not provided. Base GDV is therefore estimated at £107,000, with £97,500 as a lower evidence-supported scenario. No higher scenario is supported by the supplied sales.

Investment Snapshot

Strategy Recommendation

Proceed only after inspection and full fee verification; do not bid above the evidence-supported value without stronger condition or resale evidence.

Works Required

No specific defects or refurbishment requirements are evidenced. A physical inspection is required before budgeting for any repairs, decoration, kitchen, bathroom or external works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £110,000+ guide, the purchase price already exceeds the £107,000 base GDV indicated by the latest same-street comparable. A 75% refinance of the base GDV would be approximately £80,250. Unknown works, fees and rent prevent a reliable BRRR assessment.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. The property is vacant, and refurbishment and additional acquisition costs are also unknown.

Flip Analysis

A flip case is not supported on the supplied evidence. The guide exceeds the latest comparable sale, while condition, refurbishment costs and selling costs are unknown. Estimated flip surplus cannot be calculated.

Investor Risks & Due Diligence

• The £110,000+ guide exceeds the latest supplied same-street sale at £107,000.

• Property condition and any required works are not evidenced.

• No reliable rental evidence is supplied, so rental yield cannot be established.

• Buyer premium, administration charges and other possible fees are unspecified.

• The property is vacant, so there is no evidenced passing rent.

Recommendation

Proceed only after inspection and full fee verification; do not bid above the evidence-supported value without stronger condition or resale evidence.

Strategy Rating

Analysis Confidence

There is a recent same-street completed sale and several historic comparables, but the subject's condition, rent, refurbishment cost, buyer fees and seller charges are not supplied.