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Hall Drive, Alkrington

North West

£550,000
Listed on 29/12/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This four to five bedroom detached residence presents a unique opportunity for renovation and investment within the desirable Woodside area of Alkrington. Nestled next to the tranquil Alkrington Lake and close to the scenic Alkrington Woods Nature Reserve, this substantial period home combines a charming setting with significant potential for enhancement. The property offers excellent transport links, proximity to reputable schools, and convenient access to local amenities. Notably, comparable homes in this sought-after locality have been listed well above £1 million, underscoring the potential for considerable value addition through refurbishment or expansion. The ground floor accommodates an entrance porch, hallway, sitting room, lounge-dining area, kitchen-morning room, a fifth bedroom, a cloakroom, and rear vestibule. On the first floor, you'll find four additional bedrooms and a family bathroom. Outside, the generous garden provides privacy while overlooking the lake; there's also scope for creating a garage or outbuilding at the bottom of the garden pending planning approval. With a spacious layout featuring generously sized rooms throughout, this property exudes character but is ripe for modernisation. Future owners could explore options like configuration adjustments to enhance flow or converting the expansive loft space into extra bedrooms or bathrooms—subject to obtaining necessary permissions. Dormer extensions present another avenue for maximising space while maintaining the existing structure. This is a rare chance to secure a home with such vast renovation potential in an elegant setting—ideal for those looking to create their perfect living space.

Investment Analysis

(M24 area)
Area Average
£247/sq ft
Avg Rent (weekly)
£261
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
50%
Properties sold annually

Local Market Trend (M24)

Area prices are stable by +0.5% over the last 12 months
3 year growth: 6.8%
5 year growth: 27.9%
Investment Disclaimer: Analysis based on M24 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

Hall Drive, Alkrington
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,984
Based on a loan of £412,500 over 30 years at 4.06% 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