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 work2-bedroom semi-detached house · ST7 2YH
For saleReduced £3.5k (−2.8%) on 5 OctListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Over 60s can secure this property with a Home For Life from Homewise Through the Home for Life Plan from Homewise, those aged 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future.
The cost to purchase the Lifetime Lease is always less than the full market value. Over-60s customers typically save between from 20% To 50%*.
Home for Life Plan guide price for Over-60s The Lifetime Lease price for this property is £127,250 based on an average saving of 33%.
Market Value Price: £190,000 The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard.
The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future.
For an indication of what you could save, please use our calculator on the Homewise website.
Please call for more information or a personalised quote Please note: Homewise do not own this property and it is not exclusively for sale for the over-60s.
It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.
If you are not over 60 or would like to purchase the property at the full market value of £190,000, please contact the estate agent Stephenson Browne.
Property description Stephenson Browne are delighted to bring to market this very well presented, two double bedroom home on Bailey Court, sat within a popular residential development on the outskirts of Alsager.
This property is ready to move straight into, with no onward chain, and would suit a range of buyers, whether you are taking your first step onto the property ladder, downsizing or looking for an investment!
In brief, the property comprises of: Entrance hall, generous lounge having under the stairs storage and a lovely kitchen diner overlooking the garden.
The room consists of a range of wall, base and drawer units having an integral sink with drainer, oven, four point gas hob with extractor over as well as space/plumbing for a washing machine and fridge freezer.
Upstairs you will find two well proportioned double bedrooms and a bathroom hosting a white three piece suite with over the bath shower.
Externally, the property presents a lovely frontage with decorative shrubs and plants, and pathway leading up to the front door.
Also having a garden store and enjoying a tandem driveway providing invaluable off road parking for two cars.
The main garden offers a Westerly aspect, and is nice and private having a combination of patio, artificial lawn and handily having a shed for storage.
To appreciate everything Bailey Court has to offer, early viewings come highly recommended - contact Stephenson Browne today!
Entrance Hall - With wood laminate flooring, ceiling light fitting, radiator, wall thermostat, stairs to first floor and door to: Lounge - 4.823 x 3.864 (max measurements) (15'9" x 12'8" (m - Enjoying wood laminate flooring, ample sockets, coving to the ceiling, ceiling light fitting, two radiators, door to under the stairs storage, UPVC double glazed window to front elevation and door to: Kitchen Diner - 3.852 x 2.381 (12'7" x 7'9") - Comprising of a range of wall, base and drawer units with granite effect working surfaces over, tiled splashbacks and having integral appliances including: Stainless steel sink with drainer, oven, four point gas hob with extractor over as well as having space/plumbing for a washing machine and fridge freezer.
Also having plenty of space for a dining table, tile effect flooring, two ceiling light fittings, radiator, ample sockets, wall mounted boiler, UPVC double glazed window to rear elevation, UPVC door with double glazed insert opening to the garden.
First Floor Landing - With fitted carpet, ceiling light fitting, loft access via hatch and doors to all first floor rooms, including: Principal Bedroom - 3.859 x 2.599 (12'7" x 8'6") - Enjoying a UPVC double glazed window to rear elevation, fitted carpet, radiator, ceiling light fitting, coving to the ceiling and ample sockets.
Bedroom Two - 3.865 x 2.705 (12'8" x 8'10") - Another well proportioned double room with door to over the stairs storage cupboard, fitted carpet, UPVC double glazed window to front elevation, arched UPVC double glazed window to front elevation, ample sockets and radiator.
Bathroom - 1.858 x 1.873 (6'1" x 6'1") - With a push flush WC, pedestal hand basin and panelled bath with over the bath shower, glass screen and tiled walls creating splashbacks.
With tile effect flooring, two wall light fittings, coving to the ceiling and radiator.
Externally - To the front elevation is a paved pathway leading to the front door, having canopy over and access to an attached store room ideal for housing garden items.
Having gravel borders to each side and a range of decorative shrubs and bushes. You will also find a tarmac tandem driveway to suit approximately two cars.
The rear garden is lovely and private having a paved patio and pathway leading to the rear gate.
Also with artificial lawn, flower bed incorporating shrubs and plants, fence boundary to all elevations and shed store.
Alsager Aml Disclosure - Agents are required by law to conduct Anti-Money Laundering checks on all those buying a property.
Stephenson Browne charge ?49.99 plus VAT for an aml check per purchase transaction. This is a non-refundable fee.
The charges cover the cost of obtaining relevant data, any manual checks that are required, and ongoing monitoring.
This fee is payable in advance prior to the issuing of a memorandum of sale on the property you are seeking to buy. Council Tax Band - The council tax band for this property is B.
Nb: Tenure - We have been advised that the property tenure is freehold, we would advise any potential purchasers to confirm this with a conveyancer prior to exchange of contracts.
Nb: Copyright - The copyright of all details, photographs and floorplans remain the possession of Stephenson Browne.
The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Suitable as a retirement home.
Value & comps
No previous sales on record.
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Archie refurb estimate: a Pro feature
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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