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 house · ST7 2NG
Listing removedReduced £10k (−6.9%) on 28 JulListed 143 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by modern method of auction - Starting bid £145,000 plus reservation fee. A two bedroom semi-detached home close to the centre of Alsager!
Requiring some modernisation but offering excellent potential, the property is offered for sale with no onward chain.
This spacious two bedroom home features two reception rooms and a first floor bathroom, and would make an ideal first time buy or buy to let investment.
To the ground floor are two reception rooms, a kitchen, and a downstairs W/C, whilst upstairs there are two double bedrooms and a family bathroom.
The property is forecourted to the front, with a rear garden featuring lawned and patio areas.
Situated on Wesley Avenue, just off Lawton Road, the property is perfectly placed for the wealth of amenities within Alsager, with easy access to transport links such as the A34, A500 and M6.
Alsager Train Station is also only a short distance away, with several schools also nearby. An excellent opportunity to purchase a property which is full of potential!
Please contact Stephenson Browne to arrange your viewing. Front Reception Room (4.025 x 3.508 (13'2" x 11'6")) Fitted carpet, UPVC double glazed window and front door, ceiling light point, radiator.
Rear Reception Room (4.564 x 4.015 (14'11" x 13'2")) Maximum measurements - Fitted carpet, UPVC double glazed window, ceiling light point, radiator.
Kitchen (4.944 x 2.092 (16'2" x 6'10")) Maximum measurements - Tiled flooring, UPVC double glazed window and rear door, two ceiling light points, radiator, combi boiler, stainless steel sink with drainer, integrated oven, hobs, cooker hood, wall and base units.
Downstairs W/C (1.985 x 0.844 (6'6" x 2'9")) Tiled flooring, UPVC double glazed window, ceiling light point, radiator, W/C, wash basin. Landing Fitted carpet, two ceiling light points, loft access.
Bedroom One (4.035 x 3.501 (13'2" x 11'5")) Fitted carpet, UPVC double glazed window, ceiling light point, radiator.
Bedroom Two (3.631 x 3.032 (11'10" x 9'11")) Fitted carpet, UPVC double glazed window, ceiling light point, radiator, storage cupboard (with UPVC double glazed window).
Bathroom (3.075 x 2.102 (10'1" x 6'10")) Vinyl laminate effect flooring, UPVC double glazed window, ceiling light point, radiator, part tiled walls, W/C, pedestal wash basin, bath with mains shower.
Outside The property is forecourted to the front, with a generous rear garden featuring lawned and patio areas with mature border shrubs. Council Tax Band The council tax band for this property is B.
Freehold 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.
Auctioneers Comments This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £349 inc VAT for this pack.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.
These services are optional. 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.
Nb: Estate Agency Act 1979 Under the Estate Agency Act 1979 and current RICS regulations, we advise that the seller of this property is an employee, or relative of an employee of Stephenson Browne Ltd.
Value & comps
No previous sales on record.
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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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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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FAQ
About 12, Wesley Avenue, Alsager
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