3 Bed Terraced House, Single Let, Cheadle Hulme, SK8 2JN, £235,000

Adshall Road, Cheadle, Greater Manchester, SK8 2JN - 6 months ago

Sold STC
BTL
ROI: 2%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£175K - £421K
Sold Prices/m²£2.2K/m² - £5K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£289,050
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£58,750

Stamp Duty & Legal Fees

£15,150

Total Cash In

£73,900

 

 

Cash Out

 

Rent Range

£1,100 - £2,000

Rent Estimate

£1,100

Running Costs/mo

£974

Cashflow/mo

£126

Cashflow/yr

£1,508

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £175K to £421K, average is £274.5K. £2.2K/m² to £5K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£230K03/230.14 mi5, Malpas Close, Cheadle, Greater Manchester SK8 2LX3
£385K09/210.17 mi20, Bladen Close, Cheadle Hulme, Cheadle, Greater Manchester SK8 5RU3
£212K09/210.19 mi32, Kelsall Road, Cheadle, Greater Manchester SK8 2NE3
£175K03/210.2 mi3, Hale Walk, Cheadle, Greater Manchester SK8 2NF3
£200K11/200.2 mi5, Tatton Close, Cheadle, Greater Manchester SK8 2LZ3
£292K08/230.2 mi61, Argyll Road, Cheadle, Greater Manchester SK8 2LH3
£337K04/210.2 mi108, Lavington Avenue, Cheadle, Greater Manchester SK8 2HH3
£315K04/230.2 mi40, Lavington Avenue, Cheadle, Greater Manchester SK8 2HH3
£352.5K01/230.2 mi56, Lavington Avenue, Cheadle, Greater Manchester SK8 2HH3
£205K11/200.21 mi61, Argyll Road, Cheadle, Greater Manchester SK8 2LH3
£313.5K02/230.29 mi51, Lavington Avenue, Cheadle, Greater Manchester SK8 2HQ3
£180K01/210.29 mi79, St Davids Road, Cheadle, Greater Manchester SK8 2HJ3
£365K03/230.29 mi93, Lavington Avenue, Cheadle, Greater Manchester SK8 2HQ3
£253K11/210.3 mi53, Argyll Road, Cheadle, Greater Manchester SK8 2LH3
£320K03/230.3 mi4, Argyll Road, Cheadle, Greater Manchester SK8 2LQ3
£291.5K08/230.3 mi117, Councillor Lane, Cheadle, Greater Manchester SK8 2HY3
£180K01/210.31 mi79, St Davids Road, Cheadle, Greater Manchester SK8 2HJ3
£260K01/210.32 mi92, Boundary Road, Cheadle, Greater Manchester SK8 2EP3
£240K01/210.33 mi17, Berwyn Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 5QQ3
£230K02/210.33 mi7, Berwyn Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 5QQ3
£335K12/200.33 mi74, Calderbrook Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 5RZ3
£382K03/230.33 mi74, Calderbrook Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 5RZ3
£417.5K06/210.33 mi150, Radnormere Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 5LB3
£395K05/230.33 mi123, Radnormere Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 5LB3
£291K05/230.33 mi89, Radnormere Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 5LB3
£265K05/230.34 mi185, Grange Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 5NJ3
£389.9K02/210.36 mi1, Hatchmere Close, Cheadle Hulme, Cheadle, Greater Manchester SK8 5LD3
£283K09/210.36 mi62, Deane Avenue, Cheadle, Greater Manchester SK8 2DW3
£211K08/210.36 mi38, St Davids Road, Cheadle, Greater Manchester SK8 2HF3
£185K01/210.36 mi39, St Davids Road, Cheadle, Greater Manchester SK8 2HF3
£200K11/210.36 mi102, Grange Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 5NL3
£215K01/210.36 mi116, Grange Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 5NL3
£280K08/230.37 mi33, Aber Road, Cheadle, Greater Manchester SK8 2ER3
£356.5K08/230.38 mi47, Radnormere Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 5JS3
£245K12/200.38 mi9, St Ives Avenue, Cheadle, Greater Manchester SK8 2HG3
£260K10/210.39 mi36, Cranleigh Drive, Cheadle, Greater Manchester SK8 2DJ3
£235K12/200.39 mi25, Boundary Road, Cheadle, Greater Manchester SK8 2EN3
£318K04/210.4 mi11, Tipton Close, Cheadle Hulme, Cheadle, Greater Manchester SK8 5RS3
£357.5K03/210.4 mi23, Redesmere Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 5JY3
£235K04/230.4 mi40, Donnington Avenue, Cheadle, Greater Manchester SK8 2DL3
£290K06/210.4 mi19, Donnington Avenue, Cheadle, Greater Manchester SK8 2DL3
£240.8K09/230.4 mi3, Menai Grove, Cheadle, Greater Manchester SK8 2EZ3
£421K06/210.41 mi32, Rosthernmere Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5LE3
£350K06/210.41 mi5, Pickmere Gardens, Cheadle Hulme, Cheadle, Greater Manchester SK8 5HZ3
£225K03/210.42 mi9, Cranleigh Drive, Cheadle, Greater Manchester SK8 2DH3
£269K03/210.42 mi33, Cranleigh Drive, Cheadle, Greater Manchester SK8 2DH3
£295K01/210.42 mi35, Cranleigh Drive, Cheadle, Greater Manchester SK8 2DH3
£260K08/230.42 mi31, Cranleigh Drive, Cheadle, Greater Manchester SK8 2DH3
£232.5K09/230.44 mi10, Emlyn Grove, Cheadle, Greater Manchester SK8 2EY3
£325K06/230.44 mi123, Brookfield Road, Cheadle, Greater Manchester SK8 1EY3

Local Rents

22 rents from £1.1K/mo to £2K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,25009/240.2 miSandbach Walk, Cheadle, Stockport3
£1,40009/240.2 miArgyll Road, Cheadle3
£1,40002/250.21 mi-3
£1,60008/240.23 mi-3
£1,39012/240.29 mi-3
£1,65001/250.29 mi-3
£1,25007/240.42 mi-3
£1,25001/240.42 mi-3
£1,10008/240.42 miGladville Drive, Cheadle, Cheshire, SK83
£1,35012/240.47 mi-3
£1,75002/250.52 mi-3
£1,20008/240.54 miShaftsbury road Cheadle Heath SK33
£1,10002/250.54 mi-3
£1,30012/240.56 miCheltenham Road, Stockport, Greater Manchester, SK3 0SL3
£1,75012/240.58 mi-3
£2,00003/250.58 mi-3
£1,49502/250.59 mi-3
£1,40008/240.61 miAthlone Heights, SK8 5BX3
£1,40008/240.61 miWestmeath Avenue, SK83
£1,40008/240.62 miWestmeath Avenue, SK83
£1,43004/250.62 mi-3
£1,40008/240.62 miAthlone Heights, SK8 5BX3

Local Area Statistics

Population in SK8

58,396

Population in Cheadle Hulme

58,434

Town centre distance

1.17 miles away

Nearest school

0.20 miles away

Nearest train station

0.96 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+35%

Property History

Listed for £235,000

October 17, 2024

Description

We are delighted to introduce this charming terraced house, currently listed for sale. The property is in good condition, ready for you to make it your own.

The house boasts two well-appointed reception rooms, both of which are separate and feature large windows, filling the rooms with an abundance of natural light. The second reception room also provides a serene garden view and direct access to the garden, perfect for those who enjoy indoor-outdoor living.

The property's kitchen is equipped with modern appliances and built-in pantries, ensuring plenty of storage space. Its large windows allow for ample natural light, creating a bright and welcoming atmosphere.

The house features three bedrooms. The spacious master bedroom is a comfortable retreat. Along with the second double bedroom, both rooms are bathed in natural light. The property also provides a single bedroom, equally filled with natural light, perfect for a home office or child's room.

Notably, this property offers parking facilities, a rare find in such a bustling location. It also has a beautiful garden, perfect for those with green fingers or anyone who enjoys relaxing outdoors.

Conveniently located, the house is close to public transport links, local amenities, and reputable schools. The area has a strong local community feel, making it an ideal place to settle down.

This terraced house is a blend of comfort and convenience. With the potential to become a fantastic family home, it's certainly worth viewing.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

CHE240272/2

Agent Details

Reeds Rains, Cheadle

0161 524 4728

Next Steps?

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