# 4 bedroom detached house for sale (SK22 3BT) ## Property Details | Key | Value | |-----|-------| | Address | Aldersgate, New Mills, High Peak, SK22 3BT | | Price | £439,000 | | Bedrooms | 4 | | Bathrooms | 2 | | Council tax | D | ## Description Located in a sought after, established, residential development close to the centre of New Mills, a three/four bedroom detached family home. Recently updated with newly fitted kitchen and first floor shower room, redecorated and recarpeted, yet offering fantastic potential, this spacious, versatile home has to be viewed. Private southerly facing gardens with glorious views, ample off road parking for multiple vehicles and a 21ft attached garage. Pvc double glazing, gas central heating and comprising: entrance porch, bright hallway, study/potential bedroom, contemporary kitchen, living room, separate dining room, shower room, three first floor bedrooms and a second re-fitted shower room. Viewing highly recommended and No Chain. **Ground Floor** - **Entrance Porch** - **Hall** - **Kitchen** - 3.51m x 2.64m (11'6 x 8'8) - **Study / Bedroom Four** - 3.71m x 2.54m (12'2 x 8'4) - **Living Room** - 4.75m x 3.51m (15'7 x 11'6) - **Dining Room** - 3.58m x 3.51m (11'9 x 11'6) - **Shower Room** - 2.51m x 1.65m (8'3 x 5'5) - **First Floor** - **Landing** - **Bedroom One** - 3.61m x 3.51m (11'10 x 11'6) - **Bedroom Two** - 3.58m x 2.95m (11'9 x 9'8) - **Bedroom Three** - 3.07m x 2.16m (10'1 x 7'1) - **Shower Room** - 2.90m x 1.32m (9'6 x 4'4) - **Outside** - **Garage** - 6.55m x 2.59m (21'6 x 8'6) - **Driveway And Gardens** - **Agents Notes - Hmrc Compliance** - To be able to sell or purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations. We outsource this check to a third party and a charge will apply. Ask the branch for further details. ## Property Photos - ![Photo](/listings/photos/87467694/177720) - ![Photo](/listings/photos/87467694/177723) - ![Photo](/listings/photos/87467694/177724) - ![Photo](/listings/photos/87467694/177726) - ![Photo](/listings/photos/87467694/177728) - ![Photo](/listings/photos/87467694/177731) - ![Photo](/listings/photos/87467694/177733) - ![Photo](/listings/photos/87467694/177736) - ![Photo](/listings/photos/87467694/177739) - ![Photo](/listings/photos/87467694/177742) - ![Photo](/listings/photos/87467694/177746) - ![Photo](/listings/photos/87467694/177748) - ![Photo](/listings/photos/87467694/177751) - ![Photo](/listings/photos/87467694/671977) - ![Photo](/listings/photos/87467694/671978) - ![Photo](/listings/photos/87467694/671979) - ![Photo](/listings/photos/87467694/671980) - ![Photo](/listings/photos/87467694/671981) ## Floorplans - ![18aldersgate-High.jpg](/listings/photos/87467694/177754) - 18aldersgate-High.jpg ## EPC Graphs - ![EE Rating](/listings/photos/87467694/177757) - EE Rating ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | BREEZE HILL LONGLANDS ROAD, NEW MILLS, HIGH PEAK, DERBYSHIRE, SK22 3BZ | £540,000 | 24/01/2025 | Detached | | [Same street] 10 ALDERSGATE, NEW MILLS, HIGH PEAK, DERBYSHIRE, SK22 3BT | £390,000 | 20/12/2022 | Detached | | 33 THE CRESCENT, NEW MILLS, HIGH PEAK, DERBYSHIRE, SK22 3DB | £325,000 | 30/05/2022 | Detached | | [Same street] 5 ALDERSGATE, NEW MILLS, HIGH PEAK, DERBYSHIRE, SK22 3BT | £380,000 | 04/03/2022 | Semi-detached | | 2 THE CRESCENT, NEW MILLS, HIGH PEAK, DERBYSHIRE, SK22 3DB | £540,000 | 07/01/2022 | Detached | | 1 THE CRESCENT, NEW MILLS, HIGH PEAK, DERBYSHIRE, SK22 3DB | £620,000 | 07/09/2021 | Detached | **Street average:** £385,000 (2 sales) **Area average:** £506,250 (4 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £692,813 (8 Detached, SK22, 2024–2026) - **Deviation:** -36.6% ## Rental Range *ONS Price Index of Private Rents (High Peak). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £813/mo - **Realistic:** £903/mo - **Optimistic:** £993/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Southern Greater Manchester (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £1,396/mo ## 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 | |------|------|------|------|------| | 4 Bed End Terrace, High Lea Road, SK22 | £1,400/mo | 4 | 0.17 miles | OpenRent | | 4 Bed Detached House, Arden Street, SK22 | £1,600/mo | 4 | 0.32 miles | OpenRent | **Average rent: £1,500/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.34% (weak for cashflow) - **Max investor price (0.8%):** £187,500 - **Target investor price (1%):** £150,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,500/mo).* - **Gross yield:** 4.1% - **Cost-to-rent:** 24.4× - **Monthly cashflow:** £-404/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -3.8% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 78.7% - **10y growth:** 97.8% ## House Price Index (HM Land Registry) *Official index for High Peak; Detached series; as of March 2026.* - **1y growth (index):** 2.8% - **5y growth (index):** 26.9% - **10y growth (index):** 60.7% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)