4 Bed Detached House, Refurb/BRRR, Stoke-on-Trent, ST7 2UT, £325,000

6 Derwent Close, Alsager, Stoke On Trent, ST7 2UT - a month ago

Refurb/BRRR
~129 m²
+14 photos

ValuationFair Value

Sold Prices£225K - £905K
Sold Prices/m²£1.9K/m² - £5.1K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.5K/m²

Value Estimate

£325,000

 

 

End Value (After Refurb)

£352,520

Uplift in Value

+8%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£21,200

Refurb Costs

£54,483

Bridging Loan Interest

£8,531

Total Cash In

£167,214

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£352,520

Mortgage (After Refinance)

£264,390

Mortgage LTV

75%

Cash Released

£20,640

Cash Left In

£146,574

Equity

£88,130

Rent Range

£475 - £2,400

Rent Estimate

£1,003

Running Costs/mo

£1,322

Cashflow/mo

£-319

Cashflow/yr

£-3,831

Gross Yield

4%

Local Sold Prices

40 sold prices from £225K to £905K, average is £347.5K. £1.9K/m² to £5.1K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£283K04/210.09 mi57, Derwent Close, Alsager, Stoke-on-trent, Cheshire East ST7 2EL4
£720K03/210.09 mi6, Dunnockswood, Alsager, Stoke-on-trent, Cheshire ST7 2XU4
£395K02/230.11 mi8, Wood Drive, Alsager, Stoke-on-trent, Cheshire East ST7 2LH4
£905K06/230.16 mi48, Dunnocksfold Road, Alsager, Stoke-on-trent, Cheshire East ST7 2TJ4
£320K06/230.18 mi97, Cranberry Lane, Alsager, Stoke-on-trent, Cheshire East ST7 2LG4
£290K12/200.21 mi102, Cranberry Lane, Alsager, Stoke-on-trent, Cheshire East ST7 2NX4
£338K02/230.21 mi37, Hellyar Brook Road, Alsager, Stoke-on-trent, Cheshire East ST7 2YL4
£365K08/230.21 mi2, Hellyar Brook Road, Alsager, Stoke-on-trent, Cheshire East ST7 2YL4
£317.5K07/210.25 mi111, Close Lane, Alsager, Stoke-on-trent, Cheshire East ST7 2UN4
£335K11/200.25 mi111, Close Lane, Alsager, Stoke-on-trent, Cheshire East ST7 2UN4
£319K08/230.26 mi22, Valley Close, Alsager, Stoke-on-trent, Cheshire East ST7 2HU4
£325K08/230.28 miMaple Beck, Close Lane, Alsager, Stoke-on-trent, Cheshire East ST7 2TY4
£250K06/210.3 mi17, Mawdsley Close, Alsager, Stoke-on-trent, Cheshire ST7 2UE4
£293K12/200.31 mi32, Hassall Road, Alsager, Stoke-on-trent, Cheshire East ST7 2HQ4
£265K08/210.34 mi66, Gowy Close, Alsager, Stoke-on-trent, Cheshire ST7 2HX4
£390K06/230.44 mi18, Goldfinch Drive, Alsager, Stoke-on-trent, Cheshire East ST7 2GL4
£280K03/210.45 mi88, Harpur Crescent, Alsager, Stoke-on-trent, Cheshire East ST7 2SY4
£331K07/230.48 mi26, College Road, Alsager, Stoke-on-trent, Cheshire East ST7 2ST4
£395K04/210.51 mi19, The Gables, Alsager, Stoke-on-trent, Cheshire East ST7 2HT4
£522K01/230.52 mi2, Swallow Drive, Alsager, Stoke-on-trent, Cheshire East ST7 2GJ4
£430K10/230.53 mi6, Bedford Grove, Alsager, Stoke-on-trent, Cheshire East ST7 2SR4
£750K03/210.56 mi14, Lodge Road, Alsager, Stoke-on-trent, Cheshire East ST7 2HD4
£370K03/210.58 mi8, Dunham Close, Alsager, Stoke-on-trent, Cheshire ST7 2XR4
£349.9K09/210.58 mi6, Dunham Close, Alsager, Stoke-on-trent, Cheshire East ST7 2XR4
£325K03/210.58 mi4, Dunham Close, Alsager, Stoke-on-trent, Cheshire East ST7 2XR4
£600K09/230.62 mi25, Pikemere Road, Alsager, Stoke-on-trent, Cheshire East ST7 2SA4
£280K02/210.63 mi11, Heath End Road, Alsager, Stoke-on-trent, Cheshire ST7 2SQ4
£345K07/230.67 mi104, Station Road, Alsager, Stoke-on-trent, Cheshire East ST7 2PF4
£330.5K10/210.67 mi15, Swettenham Close, Alsager, Stoke-on-trent, Cheshire East ST7 2XG4
£367.5K01/230.68 mi7, St Gabriels Court, Alsager, Stoke-on-trent, Cheshire East ST7 2FT4
£225K12/200.68 mi9, Caldy Road, Alsager, Stoke-on-trent, Cheshire East ST7 2BB4
£520K05/230.69 mi9, The Fairway, Alsager, Stoke-on-trent, Cheshire East ST7 2AZ4
£415K08/230.73 mi95, Sandbach Road North, Alsager, Stoke-on-trent, Cheshire East ST7 2AP4
£470K12/200.79 mi58, Station Road, Alsager, Stoke-on-trent, Cheshire East ST7 2PD4
£380K01/230.79 mi33, Winston Avenue, Alsager, Stoke-on-trent, Cheshire East ST7 2BE4
£490K02/230.83 mi57, Sandbach Road North, Alsager, Stoke-on-trent, Cheshire East ST7 2AQ4
£355K06/230.89 mi14, Cavendish Crescent, Alsager, Stoke-on-trent, Cheshire East ST7 2EF4
£293K11/200.89 mi7, Cavendish Crescent, Alsager, Stoke-on-trent, Cheshire East ST7 2EF4
£400K02/230.96 mi10, Grosvenor Avenue, Alsager, Stoke-on-trent, Cheshire East ST7 2BZ4
£330K03/210.98 mi41, Grosvenor Avenue, Alsager, Stoke-on-trent, Cheshire East ST7 2BZ4

Local Rents

26 rents from £475/mo to £2.4K/mo, average is £913/mo.

RentDateDistanceAddressBeds 
£92512/240.21 mi-2
£1,50009/240.23 mi-4
£1,50009/240.23 mi-4
£1,50009/240.23 miValley Close, Alsager, Stoke-On-Trent, ST74
£2,40009/240.31 mi-3
£90009/240.35 miGowy Close, Alsager, Stoke-On-Trent3
£55009/240.63 miStation Road, Alsager2
£1,30009/240.67 mi-3
£1,30009/240.67 miCapesthorne Close, Alsager, ST73
£87509/240.67 miCapesthorne Close, Alsager3
£52509/240.67 miMere House, Crewe Road, Alsager1
£67509/240.78 miSandbach Road North, Alsager2
£47509/240.96 miWesley Avenue, Alsager1
£51008/231.11 mi-1
£62508/231.27 mi-2
£62508/231.27 mi-2
£1,10003/251.34 mi-3
£75009/241.45 miTalke Road, Alsager2
£77509/241.46 miTalke Road, Alsager, Stoke-On-Trent2
£1,25009/241.48 miAlfred Moseley Place, Alsager, Stoke-On-Trent4
£1,20012/241.5 miBarthomley, Crewe, Cheshire, CW2 5NT2
£86009/241.59 miLinley Road, Alsager3
£1,00011/241.75 mi-4
£59502/241.78 mi-1
£95009/241.83 miBrown Avenue, Church Lawton, Stoke-On-Trent3
£1,40005/241.89 mi-4

Local Area Statistics

Population in ST7

53,396

Population in Stoke-on-Trent

347,755

Town centre distance

7.96 miles away

Nearest school

0.20 miles away

Nearest train station

1.22 miles away

 

 

Rental growth (12m)

+109%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Listed for £325,000

March 8, 2025

Floor Plans

Description

  • Detached Family Home +
  • Four Bedrooms +
  • Lounge And Separate Dining Room +
  • Conservatory To The Rear +
  • Detached Garage +
  • No Onward Chain +
  • Excellent Location Near To Several Schools +
  • Downstairs W/C +

A four bedroom detached family home in Alsager, benefitting from a detached garage and a conservatory to the rear, offered for sale with no onward chain!

Although requiring some modernisation, this is a superb opportunity to purchase a four bedroom family home on the popular Derwent Close in Alsager, providing fantastic links to the wealth of amenities within Alsager, as well as being close to several schools!

An entrance hallway leads to a downstairs W/C, sizeable lounge and a separate dining room, with a spacious kitchen and a Conservatory to the rear. Upstairs there are four bedrooms and a four-piece family bathroom.

Off-road parking is provided via a tarmacadam driveway to the front of the property and the detached garage, whilst the fully enclosed rear garden is mostly laid to lawn with mature border shrubs and a patio area - an ideal space for families with pets and/or children to enjoy the best of the summer weather!

Derwent Close is just off Dunnocksfold Road, with excellent access to commuting links such as the M6, A500 and A34, with Alsager train station also within easy reach. Several schools are nearby, including Alsager School and Cranberry Academy. Leisure facilities at Alsager Sports Hub and Alsager Leisure Centre are both within walking distance.

An excellent family home that is being sold with no onward chain! Please contact Stephenson Browne to arrange your viewing.

Entrance Hall - UPVC double glazed front door and window, fitted carpet, ceiling light point, radiator, storage cupboard.

Downstairs W/C - Vinyl flooring, UPVC double glazed window, ceiling light point, radiator, part tiled walls, W/C, pedestal wash basin.

Lounge - 5.830 x 4.485 (19'1" x 14'8") - Maximum measurements (L-shaped room) - Fitted carpet, UPVC double glazed window and sliding door to the Conservatory, two radiators, two ceiling light points.

Dining Room - 2.982 x 2.981 (9'9" x 9'9") - Fitted carpet, UPVC double glazed window, ceiling light point, radiator.

Kitchen - 5.595 x 2.697 (18'4" x 8'10") - Vinyl tile effect flooring, two UPVC double glazed windows and rear door, ceiling strip light and ceiling light point, radiator, under stairs storage cupboard, wall and base units, one and a half bowl sink with drainer, space and plumbing for appliances.

Conservatory - 2.994 x 2.734 (9'9" x 8'11") - Tiled flooring, UPVC double glazed window and rear door, ceiling light point, television point.

Landing - Fitted carpet, ceiling light point, loft access.

Bedroom One - 4.540 x 3.037 (14'10" x 9'11") - Fitted carpet, two UPVC double glazed windows, ceiling light point, radiator.

Bedroom Two - 3.438 x 2.686 (11'3" x 8'9") - Fitted carpet, UPVC double glazed window, ceiling light point, radiator.

Bedroom Three - 3.036 x 2.954 (9'11" x 9'8") - Fitted carpet, UPVC double glazed window, ceiling light point, radiator, storage cupboard.

Bedroom Four - 2.766 x 2.076 (9'0" x 6'9") - Fitted carpet, UPVC double glazed window, ceiling light point, radiator.

Bathroom - 3.014 x 1.640 (9'10" x 5'4") - Tiled flooring, UPVC double glazed window, tiled walls, downlights, chrome towel radiator, W/C, wash basin with vanity unit, bath with mains shower, separate shower cubicle.

Outside - To the front of the property is a tarmacadam driveway providing off road parking for several vehicles, and a lawned garden with a border hedge, whilst the rear garden features patio and lawned areas.

Detached Garage - A brick-built detached single garage with Up and Over garage door and side access.

Council Tax Band - The council tax band for this property is D.

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.

Agent Details

Stephenson Browne Ltd, Alsager

01270 433753

Next Steps?

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