2 Bed Flat, Single Let, Cheadle Hulme, SK8 5NX, £175,000

Meadowbrook Way, Cheadle Hulme, SK8 5NX - 4 views - 3 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£71.5K - £400K
Sold Prices/m²£1.3K/m² - £7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£180,776
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£6,450

Total Cash In

£50,200

 

 

Cash Out

 

Rent Range

£875 - £2,795

Rent Estimate

£878

Running Costs/mo

£742

Cashflow/mo

£136

Cashflow/yr

£1,626

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £71.5K to £400K, average is £175K. £1.3K/m² to £7K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£345K09/210.24 mi57, Edenbridge Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5PX2
£120K12/200.28 mi6, Warwick Close, Cheadle Hulme, Cheadle, Greater Manchester SK8 5NN2
£160K03/230.31 mi21, Worcester Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5NW2
£190K12/220.36 mi87, Grange Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 5NJ2
£160.5K03/230.41 mi28, Birtles Close, Cheadle, Greater Manchester SK8 2NG2
£175K12/220.68 mi40, Moseley Grange, Cheadle Hulme, Cheadle, Greater Manchester SK8 5EZ2
£158K10/210.68 mi23, Moseley Grange, Cheadle Hulme, Cheadle, Greater Manchester SK8 5EZ2
£151K05/210.68 mi41, Moseley Grange, Cheadle Hulme, Cheadle, Greater Manchester SK8 5EZ2
£163K12/220.94 mi40, Brookfield Road, Cheadle, Greater Manchester SK8 1ES2
£185K12/210.95 miFlat 9, Chatsworth Manor, Ladybrook Road, Bramhall, Stockport, Greater Manchester SK7 3NB2
£240K06/210.95 miFlat 1, Chatsworth Manor, Ladybrook Road, Bramhall, Stockport, Greater Manchester SK7 3NB2
£175K10/200.95 miFlat 6, Chatsworth Manor, Ladybrook Road, Bramhall, Stockport, Greater Manchester SK7 3NB2
£71.5K12/220.99 mi43, Rosefield Close, Stockport, Greater Manchester SK3 8QD2
£127K12/201.02 mi19, Alder Road, Cheadle, Greater Manchester SK8 1EW2
£130.5K01/211.05 mi33, Tillard Avenue, Stockport, Greater Manchester SK3 0UB2
£260K08/211.05 miFlat 8, Hazel Gardens, Hazel Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 7GG2
£254K08/211.05 miFlat 6, Pine Court, Warren Close, Bramhall, Stockport, Greater Manchester SK7 3LH2
£105K07/221.05 mi17, Tillard Avenue, Cheadle Heath, Stockport, Greater Manchester SK3 0UB2
£240K08/231.06 mi25, Shelley Court, Cheadle Hulme, Cheadle, Greater Manchester SK8 6JH2
£270K10/221.07 miFlat 2, Pine Court, Warren Close, Bramhall, Stockport, Greater Manchester SK7 3LH2
£82.5K04/221.08 mi70, Newsham Road, Stockport, Greater Manchester SK3 8GN2
£125.5K02/211.09 mi13, Yeardsley Close, Bramhall, Stockport, Greater Manchester SK7 3HR2
£141K05/221.11 miFlat 4, Park View Lodge, Kenilworth Road, Stockport, Greater Manchester SK3 0QQ2
£165K01/231.12 mi24, Chelburn Court, Stockport, Greater Manchester SK3 8EN2
£82K10/211.13 mi16, Chelburn Court, Stockport, Greater Manchester SK3 8EN2
£136K04/221.13 mi12, Chelburn Court, Stockport, Greater Manchester SK3 8EN2
£77.5K03/231.13 mi23, Chelburn Court, Stockport, Greater Manchester SK3 8EN2
£123K07/211.14 mi36, Chelburn Court, Stockport, Greater Manchester SK3 8EN2
£179.5K03/231.14 miFlat 5, Brook Lodge, Schools Hill, Cheadle, Greater Manchester SK8 1JB2
£226.5K04/211.15 mi22, Conway Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 6BP2
£315K11/221.15 mi7, Clysbarton Court, Bramhall, Stockport, Greater Manchester SK7 3NP2
£259K11/201.16 mi8, Clysbarton Court, Bramhall, Stockport, Greater Manchester SK7 3NP2
£180K11/221.17 miFlat 31, Whitegates, Wilmslow Road, Cheadle, Greater Manchester SK8 1HG2
£270K08/231.19 mi6, Arden Court, Bramhall, Stockport, Greater Manchester SK7 3NG2
£155K09/211.3 mi15, Dixon Court, Cheadle, Greater Manchester SK8 1DE2
£183K08/211.3 mi2, Dixon Court, Cheadle, Greater Manchester SK8 1DE2
£148K07/221.31 miFlat 4, Elmfield Court, Elmfield Road, Stockport, Greater Manchester SK3 8SE2
£228K07/231.41 miFlat 28, South View Gardens, Schools Hill, Cheadle, Greater Manchester SK8 1PA2
£240K11/201.41 miFlat 31, South View Gardens, Schools Hill, Cheadle, Greater Manchester SK8 1PA2
£265K03/231.41 miFlat 31, South View Gardens, Schools Hill, Cheadle, Greater Manchester SK8 1PA2
£171.5K09/211.47 mi59, Trinity Gardens, Stockport, Greater Manchester SK3 8TL2
£185K06/211.48 mi6, Ackersley Court, Cheadle Hulme, Cheadle, Greater Manchester SK8 7EW2
£238K07/231.49 mi11, Ackersley Court, Cheadle Hulme, Cheadle, Greater Manchester SK8 7EW2
£158.8K03/231.49 mi19, Eton Drive, Cheadle, Greater Manchester SK8 3WA2
£220K06/211.49 mi8, Eton Drive, Cheadle, Greater Manchester SK8 3WA2
£212.8K12/201.52 mi13, Hearthstone Close, Cheadle, Greater Manchester SK8 2NW2
£400K01/211.57 mi39, Thornway, Bramhall, Stockport, Greater Manchester SK7 2AQ2
£130K08/211.58 mi89, Silverdale Road, Gatley, Cheadle, Greater Manchester SK8 4RF2
£175K11/221.67 miFlat 1, Edmonton Court, Edmonton Road, Stockport, Greater Manchester SK2 7BG2
£167.5K04/211.68 mi7, Fox Hill Court, Stockport, Greater Manchester SK4 2DU2

Local Rents

10 rents from £875/mo to £2.8K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£95001/250.03 mi-2
£1,30002/250.3 mi-2
£1,25002/250.3 mi-2
£2,45010/240.3 mi-2
£2,79501/250.3 mi-2
£87508/240.31 miWorcester Road,Cheadle Hulme,Cheadle,SK8 2
£1,10011/240.39 mi-2
£1,29003/250.55 mi-2
£1,20008/240.57 miCedar Lawn, Arran Court, Cheadle Hulme, Cheadle, Cheshire2
£1,10008/240.58 miCedar Lawn, Cheadle Hulme2

Local Area Statistics

Population in SK8

58,396

Population in Cheadle Hulme

58,434

Town centre distance

1.01 miles away

Nearest school

0.10 miles away

Nearest train station

0.77 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+35%

Property History

Listed for £175,000

January 14, 2025

Floor Plans

Description

  • No Onward Chain! +
  • Allocated Parking +
  • Convenient for Cheadle and Cheadle Hulme Villages +
  • Open Plan Living Room/Dining Room +
  • Well Presented First Floor Apartment +
  • Two Good Sized Bedrooms +
  • Easy Access to Transport Links and Networks +
  • Great Investment Property +
  • Ideal First Time Buyers Home +
  • Modern Fitted Kitchen +

Millbrooke Estate Agents are delighted to offer for sale this spacious, well-presented two bedroom apartment. Offered with the benefit of no onward chain and conveniently located for both Cheadle and Cheadle Hulme, with excellent transport links, amenities and a local park. The apartment is accessed using a secure intercom system via the well maintained communal hall, and is located on the first floor. In brief the accommodation comprises of a welcoming entrance hallway, light and spacious living / dining room with juliet balcony, modern fitted kitchen, two good sized bedrooms and a fitted family bathroom.The apartment also has two additional storage areas for convenience. Externally the property boasts private allocated parking space, ample visitor parking spaces and well maintained communal gardens.

Calderbrook Court is a highly desirable block of apartments close to both Cheadle Hulme and Cheadle Villages where you can find an abundance of facilities including local shops, trendy bars and cosy eateries. For the commuter there is easy access to major motorway links including the M60 and A34, local bus routes and Cheadle Hulme train station.The property is also conveniently situated for access to superb education: within the catchment area of Oak Tree Primary School - rated good, and a bus ride away from Cheadle Hulme High School - ranked in the top 15% of secondary schools in the UK. If you are a first time buyer, a buy to let investor or simply looking to down size , this well presented first floor apartment offers a comfortable living space in a highly desirable location and early viewing is strongly recommended.

EPC Rating: C

Agent Details

Millbrooke Estate Agents, Worsley

0161 790 5154

Next Steps?

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