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Cranberry Lane, Alsager

West Midlands

£285,000
Listed on 12/03/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1356 sqft

Description

This four-bedroom detached family home in Alsager presents a unique opportunity for buyers seeking a property with renovation and investment potential. Situated on a corner plot, the house features a converted garage at the front along with additional parking and a detached garage at the rear, enhancing its functionality. While the property is well-presented, it also offers ample scope for personalization. Buyers can consider extending the existing structure (subject to planning permission) to transform it into a spacious four- or five-bedroom residence. The entrance porch opens into a practical downstairs WC and a versatile family room that can double as a fourth bedroom. The main entrance hall leads to an inviting lounge/diner, which is further connected to a kitchen/breakfast area equipped with multiple units and dining space. A utility room conveniently adjoins the kitchen. The upper level comprises three generously sized double bedrooms, each benefiting from natural light, alongside a four-piece family bathroom that includes both a shower cubicle and bath. Outside, the property boasts off-road parking via a paved driveway leading to the detached garage, while the rear garden features well-maintained lawned areas, patio spaces ideal for outdoor gatherings, and mature border shrubs offering privacy. Located on Cranberry Lane, this home is in close proximity to various amenities in Alsager. Families will appreciate easy access to local schools such as Cranberry Academy and Alsager School, as well as recreational facilities like Alsager Leisure Centre and Alsager Sports Hub. This property not only serves as an excellent family home but also represents significant renovation potential for those looking to enhance its value over time. For interested buyers, viewing arrangements can be made through Stephenson Browne.

Investment Analysis

(ST7 area)

Below Market Value

This property is priced -15.6% below area average per sq ft

-15.6%
Potential saving
This Property
£210/sq ft
Area Average
£249/sq ft
Avg Rent (weekly)
£200
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£371,558
10% above area average per sq ft
Potential ROI
+10.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (ST7)

Area prices are rising by +3.6% over the last 12 months
3 year growth: 1.7%
5 year growth: 22.5%
Investment Disclaimer: Analysis based on ST7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Cranberry Lane, Alsager
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,044
Based on a loan of £213,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE