Folly Lane, Warrington, Cheshire
By Leaders Sales
£ 220,000
Reviews
2 out of 5 stars
Leaders Sales says ..
Property information; Fully HMO licenced Spread over 2 floors 6 x Bedrooms (one room with en-suite) Communal Kitchen 2 x Communal Bathrooms New boiler fitted January 2025 EPC rating - D Council tax band - A When fully occupied this property...
Property Oracle says ..
This property is a six-bedroom terraced house located on Folly Lane in Warrington, Cheshire. The exterior presents as a typical terraced house, while the interior images reveal a property that appears to be set up as a potential HMO (House of Multiple Occupancy). The property includes multiple bedrooms, two communal kitchens and communal bathrooms. While the property seems largely functional, several interior images show that some rooms may require minor maintenance or updating to be more appealing to tenants or buyers. The lack of external space is a noticeable limitation. The property’s location offers good access to schools and train stations, potentially making it attractive to students or young professionals. The nearby street, Berkeley Close, has seen similar-sized homes sell for roughly the same price, but those homes seemingly have more desirable features. The asking price appears competitive within the context of similar properties advertised in the area; however, a more detailed property valuation would need to be conducted to fully assess its market value. Overall, the property presents as a potentially profitable investment opportunity as an HMO, but its condition and lack of outdoor space limit its appeal in the broader market.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 6
- Land
- 1
- Bedrooms
- 6
- Bathrooms
- 3
- Sqft (est)
- 1,103.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 192,108.00 £Increased by 3.14 %
- Est sale value
- 427,964.00 £Increased by 100.00 %
- Average area rental value
- 833.00 £/moIncreased by 0.48 %
- Est letting value
- 1,103.00 £/mo
- Est rental Yield
- 5.20 %Decreased by 2.62 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
Leaders Sales created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bewsey Lodge Primary School | Community School | Good | 0.40 KM |
| St Alban'S Catholic Primary School | Voluntary Aided School | Good | 0.48 KM |
| Warrington Hospital Unit Co Wards B10-11 | Miscellaneous | 0.69 KM | |
| Warrington St Barnabas Cofe Primary School | Voluntary Aided School | Good | 0.83 KM |
| Dallam Community Primary School | Community School | Good | 1.20 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Catherine Street | £ 0 | 0 | 0.00 KM |
| Berkeley Close | £ 206,667 | 0 | 0.00 KM |
| Norreys Avenue | £ 165,000 | 0 | 0.00 KM |
| Hawthorne Street | £ 125,000 | 0 | 0.00 KM |
| Gladstone Street | £ 114,375 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Warrington Bank Quay | 2384 | WBQ | 1.48 KM |
| Warrington Central | 2390 | WAC | 1.67 KM |
| Warrington West | 6583 | WAW | 3.52 KM |
| Sankey For Penketh | 2388 | SNK | 4.90 KM |
| Padgate | 2387 | PDG | 5.56 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Folly Lane, Warrington, Cheshire | £ 220,000 | BUY | 4 / 10 | 0.00 KM |
| Folly Lane, Warrington, WA5 | £ 220,000 | BUY | 7 / 10 | 0.08 KM |
| Haryngton Avenue, Bewsey, WA5 | £ 164,950 | BUY | 6 / 10 | 0.10 KM |
| Haryngton Avenue Bewsey | £ 170,000 | BUY | 7 / 10 | 0.14 KM |
| Dalton Avenue, Warrington | £ 230,000 | BUY | 6 / 10 | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 50 Folly Lane | £ 75,000 | 0.01 KM |
| 36 Folly Lane | £ 33,000 | 0.01 KM |
| 4 Folly Lane | £ 165,000 | 0.01 KM |
| 54 Folly Lane | £ 89,000 | 0.01 KM |
| 42 Folly Lane | £ 36,000 | 0.01 KM |