Sold STC Flat

FLAT 12

THE POINT, CREWE ROAD, STOKE-ON-TRENT, ALSAGER, CHESHIRE EAST ST7 2JJ

2 beds 1 baths 549 sq ft Listed 22 Oct 2024 (-612d)

£78,000

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Property details

Tenure

LEASEHOLD (139 years remaining on lease)

Floor area

51 m²

Council tax band

B

EPC rating

B

Year built

England and Wales: 2007-2011

Last sold

£78,000 Feb 2026

Price per m²

£1,529/m²

Local average

£125,750 (-38%)

Deprivation

Decile 7 (23,477 of 33,755)

Street crime

31 incidents within 1 mile (Apr 2026)

Key features

  • First Floor Apartment
  • Two Double Bedrooms
  • Discounted For Sale Scheme
  • Ideal For First Time Buyers
  • Allocated Parking Space
  • No Onward Chain

Additional details

Parking
Yes

Description

A well appointed TWO DOUBLE BEDROOM, first floor apartment situated within this modern purpose built development with excellent road links and enjoying a prominent setting conveniently situated close to the heart of Alsager and its wide variety of amenities.

The property is being offered for sale under an AFFORDABLE HOUSING SCHEME and therefore the true value (£120,000) has been discounted by 35% in order to assist potential buyers meeting a certain criteria. Further information in this respect is available upon application.

Situated on Crewe Road, the property has fantastic links to commuting routes such as the M6, A500 and A34, and close to the wealth of amenities within Alsager itself. There is also a very useful convenience store to the ground floor of the building.

Early viewing is encouraged to fully appreciate the apartments location, internal condition, true size and many attributes, offered for sale with no onward chain.

Accommodation - With secure automatic entrance gates at the side of the complex leading into to private car park and communal grounds.

Entrance Lobby - With secure entrance lobby having wall mounted intercom system having both stair and lift access to the apartment, which can be found on the first floor.

Entrance Hall - With wooden entrance door, inset spotlighting, doors to all rooms, a wall mounted electric heater, thermostat, a built-in storage cupboard, door into:

Open Plan Lounge/Diner - 5.000 x 3.868 (16'4" x 12'8") - With inset spot lights, a wall mounted intercom system, double glazed window to front elevation, ample power points, TV point, telephone point, a wall mounted electric heater, inset spotlights, opening into:

Kitchen - 3.534 x 1.938 (11'7" x 6'4") - Having laminate flooring, a range of wall, base and drawer units having work surfaces over incorporating a one and a half bowl stainless steel sink drainer unit with chrome mixer tap, tiled splashback and cupboard below, space and plumbing for automatic washing machine, integrated four ring electric hob with tiled splashback and stainless steel extractor canopy above, Integrated oven, space for freestanding fridge freezer, space for under counter dryer, extractor point.

Master Bedroom - 4.726 x 2.810 (15'6" x 9'2") - Maximum measurements - A spacious master bedroom which can easily accommodate a double bed having contemporary style wood effect flooring, three point ceiling light, double glazed window to front elevation, a wall mounted electric heater, TV point, ample power points, a range of built-in wardrobes having wooden panelled doors.

Bedroom Two - 3.513 x 2.031 (11'6" x 6'7") - Another generous double room with pendant light, double glazed window to front elevation, a wall mounted electric heater, ample power points.

Bathroom - 2.223 x 1.984 (7'3" x 6'6") - With inset spotlights, extractor point, ceramic wall tiles throughout, vinyl flooring, a chrome ladder style heated towel rail, a white three piece suite comprising of; A low level push button WC, a pedestal hand wash basin with chrome mixer tap and tiled splashback, a panelled bath with glazed pivoting shower screen housing a wall mounted chrome mixer shower over, being fully tiled where visible.

Externally - There is an allocated parking space within the private car park plus visitor space which is accessed via the electrically operated entrance gates which can be controlled by remote key fob.

Council Tax Band - The council tax band for this property is B.

Nb: Tenure - We have been advised that the property tenure is LEASEHOLD, we would advise any potential purchasers to confirm this with a conveyancer prior to exchange of contracts.

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

Listed by

Alsager

Stephenson Browne Ltd

Reference: 154077584

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: B

Inspection date: 14/01/2025

Expiry date: 13/01/2035

Current heating cost: £232/year

Potential heating cost: £138/year

Est. upgrade cost to C: £2,155

Recommendations

  • High heat retention storage heaters (£1,200 - £1,800)
  • Heat recovery system for mixer showers (£585 - £725)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

TPFP.png

TPFP.png

EPC Graphs

EE Rating

EE Rating

Price history

10% since 2016

Event Date Price % change
Sold 27/02/2026 (3 months ago) £78,000 +9.1%
Sold 23/10/2020 (5 years ago) £71,500 +0.7%
Sold 17/11/2016 (9 years ago) £71,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
THE POINT FLAT 24 CREWE ROAD, ALSAGER, STOKE-ON-TRENT, CHESHIRE EAST, ST7 2JJ £115,000 07/12/2022 Flat
THE POINT FLAT 29 CREWE ROAD, ALSAGER, STOKE-ON-TRENT, CHESHIRE EAST, ST7 2JJ £123,000 08/06/2022 Flat
THE POINT FLAT 13 CREWE ROAD, ALSAGER, STOKE-ON-TRENT, CHESHIRE EAST, ST7 2JJ £71,500 20/05/2022 Flat
THE POINT FLAT 17 CREWE ROAD, ALSAGER, STOKE-ON-TRENT, CHESHIRE EAST, ST7 2JJ £120,000 20/12/2021 Flat

Area average: £107,375 (4 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -54.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Cheshire East. Series: Flats and maisonettes. As of March 2026.

1y (index) -3.5%
5y (index) 9.4%
10y (index) 33.2%

Rental Range

Estimated market rent for Cheshire East. Low = conservative, Realistic = average, Optimistic = best case.

Low £881/mo
Realistic £979/mo
Optimistic £1,077/mo

Based on Local Authority from postcode lookup → Cheshire East.

LHA (30th percentile) floor for South Cheshire: £573/mo (Apr 2025 – Mar 2026)

Location

Address

Crewe Road

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Spar 0.0 miles
Bus stop Radway Green, Crewe Road / Close Lane 0.0 miles
Shop Biddle Barbers 0.6 miles
Train station Alsager 1.2 miles
Train station Kidsgrove 3.5 miles
University University of Buckingham Crewe Campus 3.9 miles
Hospital Haywood Hospital Walk-in Centre 6.2 miles
Hospital Royal Stoke University Hospital 7.7 miles
University University of Staffordshire Stoke Campus 8.6 miles

Street-level crime

Category Count
Anti-social behaviour 11
Violence and sexual offences 8
Criminal damage and arson 3
Public order 3
Other theft 2
Bicycle theft 1
Other crime 1
Possession of weapons 1
Vehicle crime 1
Total incidents 31

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Cranberry Academy Primary 0.3 miles Good — 23 Jun 2022
Alsager School Secondary 0.7 miles Good — 8 Mar 2023
St Gabriel's Catholic Primary School Primary 0.8 miles Outstanding — 17 Jul 2024
Pikemere School Primary 1.0 miles Good — 6 Jul 2015
Alsager Highfields Community Primary School Primary 1.1 miles Good — 16 May 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Terraced House, Rye Close, ST7 £900/mo 2 0.42 miles OpenRent
2 Bed Semi-Detached House, Spencer Close, ST7 £950/mo 2 0.43 miles OpenRent
2 Bed Terraced House, Crewe Road, ST7 £795/mo 2 0.68 miles OpenRent
2 Bed Semi-Detached House, Alsager, ST7 £950/mo 2 1.05 miles OpenRent
Ravens Lane, Bignall End, Stoke-On-Trent £900/mo 2 2.91 miles Rightmove

Average rent: £899/mo (5 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.15%
Max investor price (0.8%) £112,500
Target investor price (1%) £90,000
Gross yield 13.8%
Cost-to-rent ratio 7.2×
Monthly cashflow £478/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 25.3%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).