3 & 4 Barrington Close, Altrincham

Online backup of the various independent valuations for 3 & 4 Barrington Close WA14 1JA auction property - summarised as follows for Market Value vacant "as is":

  • Valuation 1: £400,000. Max. raiseable mortgage: £280,000
  • Valuation 2: £490,000. Max. raiseable mortgage: £343,000
  • Pugh guide price: £400,000

Therefore, a maximum mortgage of only £343,000 can be raised against the property, and should be borne in mind for auction purposes.

For example, the winning Pugh auction price of £1,012,000, would need to have at least £669,000 in cash (excluding stamp duty, arrangement fees & other legal costs...) otherwise risk being unable to complete.

Valuation 1

Valuation 1 for 3 & 4 Barrington Close was performed by Bradley Hall Chartered Surveyors & Estate Agents and found the current market valuation to be £400,000 which results in a maximum raiseable mortgage of £280,000

3 & 4 Barrington Close market value by Bradley Hall Chartered Surveyors & Estate Agents

Valuation 1 report screenshot: 3 & 4 Barrington Close

Valuation calculations for 3 & 4 Barrington Close Altrincham

Valuation 1 report screenshot for 3 & 4 Barrington Close, Altrincham

Valuation 2

Valuation 2 for 3 & 4 Barrington Close was performed by HWM Surveyors and found the current market valuation to be £490,000 which results in a maximum raiseable mortgage of £343,000

3 & 4 Barrington Close Altrincham survey 2 report screenshot

Valuation 2 report screenshot: 3 & 4 Barrington Close

3 & 4 Barrington Close Altrincham survey 2 calculation report screenshot

Valuation 2 report screenshot for 3 & 4 Barrington Close, Altrincham

Description of 3 & 4 Barrington Close

A potential residential development site comprising two former semi detached houses converted and used previously as office accommodation as part of Altrincham Police Station. The sizeable property extends to a total floor area of 239 Sq m (2,572 Sq ft) (source EPC) and offers potential scope to be converted back into residential dwelling/s, subject to any necessary consents.

Location

The site fronts onto Manchester Road (A56) close to its junction with Barrington Road on the outskirts of Altrincham Town Centre. The surrounding residential area is highly desirable and within easy reach of a number of amenities and facilities including shops and popular schools. Both Altrincham and Navigation Road metro stops are within 0.5 miles and provide convenient and regular access into Manchester City Centre situated 8 miles to the north. Manchester airport is 5 miles away.

Map

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