We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom detached house · ST7 1UF
Listing removedListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
RIDLEY RESERVOIR FOR SALE BY AUCTION 27th - 28th JULY FOR SALE VIA ONLINE AUCTION ON MONDAY 27th JULY AT 11AM UNTIL TUESDAY 28th JULY 11AM.
CONTACT FOR VIEWINGS Auction House Staffordshire welcomes a amazing GRAND DESIGNS opportunity (this property has been a part of the grand designs programme previously).
Ex Reservoir building this is a project for someone with great vision, boasting over 8000 square meter property. Set in rural part of Alsager with extensive views.
Artist impression images of potential finished project. Development potential perfect for builder/developer or home owner looking for their family home to make their own.
Investment Snapshot: 💰 Guide Price: £350,000 📈 Estimated Gross Development Value (GDV): £1.8 Million - £2.2 Million 🏗 Development Cost: £600,000 💸 Estimated Profit: £750,000 - £1,150,000 Planning reference number 18/5380C Tenure: See Legal Pack Administration Fee: £1500 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1500 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Ridley Reservoir, Merelake Road, Alsager ST7 1UF
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