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 2PP
Listing removedReduced £20k (−15.4%) on 23 JunListed 137 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 £130,000 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 utility room/WC, whilst upstairs there are two double bedrooms and a family bathroom off the bedroom.
The property benefits from off road parking to the front with a sizeable rear garden having lawned and paved patio areas.
Situated on Talke 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 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. Entrance Hall UPVc panelled entrance door having double glazed frosted insets. Single panel radiator. Stairs to the first floor.
Door into:- Lounge (2.905 x 4.352 into bay (9'6" x 14'3" into bay)) Double glazed bay window to the front elevation. Single panel radiator.
Dining Room (3.681 x 3.944w (12'0" x 12'11"w)) Understairs storage cupboard. Single panel radiator. Double glazed window to the rear elevation. Gas fire.
Door into:- Kitchen (3.163 x 1.819 (10'4" x 5'11")) Range of wall, base and drawer units with roll top work surfaces over incorporating a stainless steel single drainer sink unit with mixer tap.
Integrated oven with gas hob and extractor canopy over. Space for a fridge freezer. Double glazed window to the side elevation.
UPVc panelled door having double glazed frosted inset opening to the rear garden. Wall mounted gas central heating boiler.
Door into:- Utility Room/Wc (2.245 x 1.963 (7'4" x 6'5")) Space and plumbing for a washing machine. Space for a tumble dryer.
Two piece suite comprising a low level WC with push button flush and a pedestal wash hand basin with mixer tap. Single panel radiator. Double glazed frosted window to the side elevation.
First Floor Landing Doors into both bedrooms. Bedroom One (3.959 x 3.656 (12'11" x 11'11")) Double glazed window to the rear elevation. Single panel radiator.
Door into:- Bathroom (3.185 x 1.828 (10'5" x 5'11")) Three piece suite comprising a low level WC with push button flush, pedestal wash hand basin with mixer tap and a panelled bath with mixer tap and electric shower over.
Double glazed frosted window to the side elevation. Heated towel rail. Bedroom Two (3.958 x 3.723 (12'11" x 12'2")) Single panel radiator. Double glazed window to the front elevation.
Externally The property is approached by a paved driveway providing off road parking. Gated access to the rear.
The rear garden is mainly laid to lawn with a paved patio area providing ample space for garden furniture. Fenced boundaries.
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.
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. Council Tax Band The council tax band for this property is A. 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.
Nb: Copyright The copyright of all details, photographs and floorplans remain the possession of Stephenson Browne.
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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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 118, Talke Road, Alsager
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