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37 Redesmere Drive, Alderley Edge, Cheshire, SK9 7UR - Image 1
37 Redesmere Drive, Alderley Edge, Cheshire, SK9 7UR - Image 2
37 Redesmere Drive, Alderley Edge, Cheshire, SK9 7UR - Image 3
37 Redesmere Drive, Alderley Edge, Cheshire, SK9 7UR - Image 4
37 Redesmere Drive, Alderley Edge, Cheshire, SK9 7UR - Image 5
37 Redesmere Drive, Alderley Edge, Cheshire, SK9 7UR - Image 6

37 Redesmere Drive, Alderley Edge, Cheshire, SK9 7UR

North West

£230,000
Listed on 31/03/2026

Property Details

Bedrooms
2
Type
Flat
Area
651 sqft

Description

This two-bedroom ground floor flat presents an excellent opportunity for those seeking a renovation project. The property is in need of comprehensive modernisation, making it a potentially lucrative investment for the right buyer. The layout features a hallway, a bathroom equipped with a shower over the bath, two generously sized bedrooms, and an open living area adjacent to the kitchen which offers space for necessary appliances. Outside, you will find access to both the rear and front gardens, along with the added benefit of a private garage. Located just a five-minute walk from Alderley Edge Village, local parks, and train station, this property stands to appeal to various buyers once refurbished. With a leasehold term remaining of 966 years and minimal ground rent at £12.50 per year, this property holds promise for those ready to invest time and resources into its transformation.

Investment Analysis

(SK9 area)

Below Market Value

This property is priced -15.0% below area average per sq ft

-15.0%
Potential saving
This Property
£353/sq ft
Area Average
£415/sq ft
Avg Rent (weekly)
£380
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£297,504
10% above area average per sq ft
Potential ROI
+10.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SK9)

Area prices are rising by +6.1% over the last 12 months
3 year growth: +6.5%
5 year growth: +6.2%
Investment Disclaimer: Analysis based on SK9 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

37 Redesmere Drive, Alderley Edge, Cheshire, SK9 7UR
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£815
Based on a loan of £172,500 over 30 years at 3.91% 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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