Sold STC Flat

FLAT 4

31 SNOW CREST PLACE, NANTWICH, STAPELEY, CHESHIRE EAST CW5 7TF

2 beds 1 baths Listed 22 May 2021 (-1845d)

£96,000

Fixed Price

Reduced on 8 Jul 2021

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Front Lounge / Kitchen Kitchen Lounge Lounge / Kitchen Communal Entrance Lounge / Kitchen Bedroom One Bedroom Two Bathroom

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Property details

Tenure

LEASEHOLD (121 years remaining on lease)

Last sold

£96,000 Jul 2022

Local average

£152,734 (-37.1%)

Deprivation

Decile 10 (32,829 of 33,755)

Street crime

42 incidents within 1 mile (Apr 2026)

Key features

  • Ground Floor Apartment
  • Two Double Bedrooms
  • Large Lounge/Fitted Kitchen
  • UPVC Double Glazed
  • Gas Central Heating
  • Allocated Parking
  • 70% Shared Ownership
  • David Wilson Home
  • NHBC Warranty
  • Cul De Sac Location

Additional details

Heating
Gas central
Parking
Allocated

Description

The Property
A larger than average ground floor apartment set in a quiet cul de sac location on the sought after Stapeley Gardens development within easy reach of Nantwich town centre and transport links to surrounding areas and the M6 motorway network.

Recently constructed by David Wilson Homes and benefiting from an NHBC warranty, gas central heating and UPVC double glazing this would make an ideal first time buyers or retirement home.

Briefly comprising communal entrance with intercom, hallway, 2 double bedrooms, bathroom and a spacious open plan living area incorporating the kitchen, dining area and lounge. Externally there are communal gardens and both allocated and visitor parking spaces.

The property is being sold under the Shared Ownership Scheme at 70% of the current market value in the area with NO rent payable on the balance. The remaining 30% can be purchased at a future date.

Book a viewing online 24/7 via the Purple Bricks website.

Communal Gardens
Communal lawned garden space and exterior mail boxes.

Communal Entrance
Intercom door system. Gas and Electric Meter boxes. Electric wall heater. Staircase leading to upper floors. Glazed panel windows and door giving access to an inner hall to the ground floor flats affording an extra level of privacy.

Hall
Intercom telephone for front door. Double storage cupboard. Radiator.

Lounge / Kitchen
Lounge area: UPVC double glazed window and French door with built in blinds to rear elevation. TV /media and telephone points. Central heating thermostat. Radiator. Space for dining table.

Kitchen area: Range of base and wall cupboard units in white gloss with contrasting work tops. Built in Zanussi electric oven and gas hob. Stainless steel splashback and chimney style extractor hood. Stainless steel sink unit with mixer tap. Space for tall fridge freezer. Plumbed for washing machine and dishwasher. Ideal combi central heating boiler housed in matching wall cupboard. Extractor fan. UPVC double glazed window with built in blinds to side elevation. Tiled floor.

Bedroom One
UPVC double glazed window with built in blinds to rear elevation . TV point. Central heating thermostat allowing the temperature in the bedrooms to be set independently from the living rooms. Radiator.

Bedroom Two
UPVC double glazed window with built in blinds to rear elevation . TV point. Radiator.

Bathroom
Comprising panel bath, pedestal wash hand basin with tiled splashback and dual flush wc fitted in white . Fully tiled to bath area with glass folding screen and thermostatic shower above. Electric shaver point. Chrome heated towel rail. Extractor fan.

Allocated Parking
One Allocated Parking bay and additional visitors parking bays.

Tenure
Leasehold with 121 years remaining. Ground rent £99 pa. . Maintenance Charge £99 pcm which includes building insurance and cleaning of communal areas and maintenance of garden areas.

Shared Ownership
The property is being sold at 70% of the property’s market value, with the remaining 30% equity being held by Cheshire East Council and NO rent being payable on the remaining 30% equity. There is the OPTION of purchasing the remaining 30% equity from Spring 2022. There are certain eligibility criteria for a prospective buyer regarding this shared equity property e.g. a prospective buyer must have lived in Cheshire East for a certain period of time and have an ‘existing connection’ with Cheshire East by either being employed in the area or having a close family member residing in the area or be a first-time buyer.

For more information contact Cheshire East Council for their online application.

Disclaimer for virtual viewingsSome or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.
If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Listed by

covering Crewe

Purplebricks

Reference: 107439458

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

epc

epc

Price history

Event Date Price % change
Sold 29/07/2022 (3 years ago) £96,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
15 FLAT 3 ARROWHEAD CLOSE, STAPELEY, NANTWICH, CHESHIRE EAST, CW5 7RY £150,000 30/05/2025 Flat
31 FLAT 2 SNOW CREST PLACE, STAPELEY, NANTWICH, CHESHIRE EAST, CW5 7TF £84,000 27/09/2024 Flat
31 FLAT 6 SNOW CREST PLACE, STAPELEY, NANTWICH, CHESHIRE EAST, CW5 7TF £109,000 03/11/2023 Flat
15 FLAT 12 ARROWHEAD CLOSE, STAPELEY, NANTWICH, CHESHIRE EAST, CW5 7RY £125,000 13/10/2023 Flat
31 FLAT 3 SNOW CREST PLACE, STAPELEY, NANTWICH, CHESHIRE EAST, CW5 7TF £147,000 27/06/2023 Flat
31 FLAT 7 SNOW CREST PLACE, STAPELEY, NANTWICH, CHESHIRE EAST, CW5 7TF £101,500 18/03/2022 Flat
31 FLAT 1 SNOW CREST PLACE, STAPELEY, NANTWICH, CHESHIRE EAST, CW5 7TF £73,500 10/12/2021 Flat
15 FLAT 8 ARROWHEAD CLOSE, STAPELEY, NANTWICH, CHESHIRE EAST, CW5 7RY £35,000 22/07/2021 Flat

Area average: £103,125 (8 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 24.7%
10y growth 89.2%

House Price Index (HM Land Registry — official index, not sold-price averages): Cheshire East. Series: Flats and maisonettes. As of March 2026.

1y (index) -3.5%
5y (index) 9.4%
10y (index) 33.2%

Rental Range

Estimated market rent for Cheshire East. Low = conservative, Realistic = average, Optimistic = best case.

Low £878/mo
Realistic £975/mo
Optimistic £1,073/mo

Based on Local Authority from postcode lookup → Cheshire East.

LHA (30th percentile) floor for Bolton and Bury: £573/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Stapeley, London Road / Winterberry Way 0.2 miles
Shop Co-op Food 0.3 miles
Shop U Store All 0.7 miles
Train station Nantwich 0.9 miles
Train station Crewe 3.6 miles
University University of Buckingham Crewe Campus 4.2 miles
Hospital Whitchurch Community Hospital 9.4 miles
Hospital Tarporley War Memorial Hospital 9.9 miles
University Keele University 10.3 miles

Street-level crime

Category Count
Violence and sexual offences 15
Public order 6
Anti-social behaviour 5
Criminal damage and arson 4
Shoplifting 4
Other theft 3
Burglary 2
Other crime 2
Vehicle crime 1
Total incidents 42

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Pear Tree Primary School Primary 0.3 miles Good — 28 Mar 2014
Stapeley Broad Lane CofE Primary School Primary 0.4 miles Outstanding — 6 Feb 2015
Brine Leas School Secondary 0.5 miles Good — 17 May 2017
Weaver Primary School Primary 0.6 miles Good — 5 Nov 2013
St Anne's Catholic Primary School Primary 0.8 miles Good — 25 Feb 2020

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Terraced House, Clonersfield, CW5 £850/mo 2 0.57 miles OpenRent

Average rent: £850/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.89%
Max investor price (0.8%) £106,250
Target investor price (1%) £85,000
Gross yield 10.6%
Cost-to-rent ratio 9.4×
Monthly cashflow £362/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 15.6%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).