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Devonshire Drive, Alderley Edge

North West

£500,000
Listed on 01/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1163 sqft

Description

This three-bedroom link-detached property, situated in a favored residential part of Alderley Edge, presents an intriguing opportunity for renovation and enhancement. Located in a quiet cul-de-sac, it is conveniently close to the vibrant village high street and various local amenities, making it an appealing option for both families and investors. Upon entering, you are greeted by an entrance porch that leads into the main living area. The lounge features a fireplace and provides access to the first floor via a staircase. Adjacent to the lounge is a dining room with large glazed sliding doors that open onto a paved outdoor space, complemented by a well-established and private lawned garden – ideal for outdoor gatherings or simply enjoying some tranquility. A fitted kitchen, along with a separate utility room that has direct access to the rear garden, adds practicality to the layout. Additionally, there is a downstairs WC and an adapted garage currently used as a workshop and garden store. The upper level comprises three bedrooms alongside a family bathroom. The property also benefits from a front lawned garden and off-road parking via the driveway. Given its current condition, this home offers significant potential for modernisation and expansion – an exciting prospect for those looking to create their dream dwelling or maximize investment value in this desirable area. With no onward chain, this property stands ready for new ideas and fresh attention.

Investment Analysis

(SK9 area)

Above Market Value

This property is priced +4.8% above area average per sq ft

+4.8%
This Property
£430/sq ft
Area Average
£410/sq ft
Avg Rent (weekly)
£398
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£524,577
10% above area average per sq ft
Potential ROI
-4.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (SK9)

Area prices are rising by +6.3% over the last 12 months
3 year growth: 9.7%
5 year growth: 11.5%
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

Devonshire Drive, Alderley Edge
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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
£1,832
Based on a loan of £375,000 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