No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Skip to main content
IMG 0487 IMG 0489.jpg
IMG 0505 IMG 0507.jpg
IMG 0493 IMG 0495.jpg
Guide price£695,000
Added > 14 days

8 bedroom detached house for sale

Cranberry Lane, Alsager
Save
Detached house
8 bed
4 bath

Key information

Tenure: Freehold
Council tax: Band A
Broadband: Super-fast 42Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Freehold
IDEAL INVESTMENT OPPORTUNITY, FURTHER POTENTIAL & FREEHOLD TENURE INCLUDED - A rare opportunity has arisen within Alsager to acquire a purpose built block of 8 apartments situated within a popular residential area, all currently let and producing an income of £39,000 per annum. All of the apartments are currently let with assured shorthold tenancies in place and up-to-date market rents.

The 8 apartments themselves all have an open-plan layout with kitchen area incorporating an oven, hob and extractor, separate shower rooms with tiled wall and flooring, electric heating throughout and double glazing. Two of the ground floor studio apartments also benefit from a conservatory with French doors and pleasant outside patio area. Please see below a list of the apartments and their subsequent market rents:-

83a let at £425.00 pcm
83b let at £400.00 pcm
83c let at £450.00 pcm (new tenancy 30th April 2024)
83d let at £425.00 pcm
83e let at £425.00 pcm
83f let at £400.00 pcm
83g let at £400.00 pcm
83h let at £400.00 pcm

Based on the current asking price of £695,000 the development is current achieving a yield of 5.6%. The average EPC for each flat is either a D or E rating, depending on the date of when the EPC was carried out.

Externally, there is a large car park with ample space for both residents and visitors, in addition to communal gardens. There is further potential to develop the grounds of the site (subject to planning permission) with a variety of options available, we would strongly advise any prospective purchaser to obtain professional advice to appreciate the full potential to the grounds on offer.

For more information and to arrange your site visit, please contact the team here at Stephenson Browne on[use Contact Agent Button].

Please note the council tax band for each apartment is A.

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.

Council Tax Band - The council tax band for each apartment is A.

Nb: Copyright - The copyright of all details, photographs and floorplans remain the possession of Stephenson Browne.

Property information from this agent

Places of interest

    Having been in present in Alsager since 1999 Stephenson Browne has built a reputation for one of the towns leading agents. A prominent high street office location with separate dedicated sales and lettings teams specialising in their own field, encompassing a wealth of experience spanning over two decades. Clients will receive a personal service with a high level of support and commitment on offer to meet their requirements and can rely on receiving that extra attention as seen by the large number of highly complimentary client reviews on our web pages and social media channels.

    See more properties like this:

    *DISCLAIMER

    Property reference 33174522. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Stephenson Browne - Alsager.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on January 17, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on January 17, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.