3 Bed Terraced House, Single Let, Cheadle Hulme, SK8 2LL, £200,000

Tarvin Road, Cheadle, Greater Manchester, SK8 2LL - 4 views - 3 months ago

Sold STC
BTL
ROI: 6%
~93 m²
+6 photos

ValuationUndervalued

Sold Prices£175K - £500K
Sold Prices/m²£2.2K/m² - £5.5K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£250,000
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,200

 

 

Cash Out

 

Rent Range

£850 - £1,750

Rent Estimate

£1,175

Running Costs/mo

£880

Cashflow/mo

£295

Cashflow/yr

£3,540

ROI

6%

Gross Yield

7%

Local Sold Prices

51 sold prices from £175K to £500K, average is £320K. £2.2K/m² to £5.5K/m², average is £3.7K/m².

PriceDateDistanceAddressBeds 
£200K11/200.04 mi5, Tatton Close, Cheadle, Greater Manchester SK8 2LZ3
£230K03/230.05 mi5, Malpas Close, Cheadle, Greater Manchester SK8 2LX3
£175K03/210.08 mi3, Hale Walk, Cheadle, Greater Manchester SK8 2NF3
£212K09/210.13 mi32, Kelsall Road, Cheadle, Greater Manchester SK8 2NE3
£385K09/210.13 mi20, Bladen Close, Cheadle Hulme, Cheadle, Greater Manchester SK8 5RU3
£417.5K06/210.16 mi150, Radnormere Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 5LB3
£291K05/230.16 mi89, Radnormere Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 5LB3
£395K05/230.16 mi123, Radnormere Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 5LB3
£389.9K02/210.18 mi1, Hatchmere Close, Cheadle Hulme, Cheadle, Greater Manchester SK8 5LD3
£292K08/230.19 mi61, Argyll Road, Cheadle, Greater Manchester SK8 2LH3
£356.5K08/230.21 mi47, Radnormere Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 5JS3
£205K11/200.21 mi61, Argyll Road, Cheadle, Greater Manchester SK8 2LH3
£265K05/230.21 mi185, Grange Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 5NJ3
£357.5K03/210.22 mi23, Redesmere Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 5JY3
£421K06/210.23 mi32, Rosthernmere Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5LE3
£215K01/210.23 mi116, Grange Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 5NL3
£200K11/210.23 mi102, Grange Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 5NL3
£253K11/210.27 mi53, Argyll Road, Cheadle, Greater Manchester SK8 2LH3
£320K03/230.27 mi4, Argyll Road, Cheadle, Greater Manchester SK8 2LQ3
£454.9K08/230.28 mi161, Queens Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5HX3
£350K06/210.28 mi5, Pickmere Gardens, Cheadle Hulme, Cheadle, Greater Manchester SK8 5HZ3
£335K12/200.29 mi74, Calderbrook Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 5RZ3
£382K03/230.29 mi74, Calderbrook Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 5RZ3
£291.5K08/230.31 mi117, Councillor Lane, Cheadle, Greater Manchester SK8 2HY3
£440K11/200.32 mi13, Radnormere Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 5JX3
£500K06/230.32 mi2, Radnormere Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 5JX3
£275K03/210.33 mi120, Queens Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5HS3
£400K09/210.33 mi110, Queens Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5HS3
£485K05/230.33 mi13, Princess Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 5ND3
£465K08/230.33 mi38, Grange Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 5JP3
£445K09/230.34 mi115, Queens Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5HR3
£222.5K02/210.35 mi18, Sandringham Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5NH3
£337K04/210.35 mi108, Lavington Avenue, Cheadle, Greater Manchester SK8 2HH3
£315K04/230.35 mi40, Lavington Avenue, Cheadle, Greater Manchester SK8 2HH3
£352.5K01/230.36 mi56, Lavington Avenue, Cheadle, Greater Manchester SK8 2HH3
£325K06/230.37 mi123, Brookfield Road, Cheadle, Greater Manchester SK8 1EY3
£180K01/210.37 mi79, St Davids Road, Cheadle, Greater Manchester SK8 2HJ3
£283K09/210.38 mi62, Deane Avenue, Cheadle, Greater Manchester SK8 2DW3
£180K01/210.38 mi79, St Davids Road, Cheadle, Greater Manchester SK8 2HJ3
£425K02/230.38 mi15, Linden Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5NB3
£290K06/210.41 mi19, Donnington Avenue, Cheadle, Greater Manchester SK8 2DL3
£235K04/230.41 mi40, Donnington Avenue, Cheadle, Greater Manchester SK8 2DL3
£318K04/210.42 mi11, Tipton Close, Cheadle Hulme, Cheadle, Greater Manchester SK8 5RS3
£260K10/210.42 mi36, Cranleigh Drive, Cheadle, Greater Manchester SK8 2DJ3
£375K12/200.42 mi8, Orrishmere Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5HP3
£340K07/230.43 mi70, Buckingham Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5NA3
£340K07/230.43 mi70, Buckingham Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5NA3
£313.5K02/230.43 mi51, Lavington Avenue, Cheadle, Greater Manchester SK8 2HQ3
£365K03/230.44 mi93, Lavington Avenue, Cheadle, Greater Manchester SK8 2HQ3
£185K01/210.45 mi39, St Davids Road, Cheadle, Greater Manchester SK8 2HF3
£211K08/210.45 mi38, St Davids Road, Cheadle, Greater Manchester SK8 2HF3

Local Rents

14 rents from £850/mo to £1.8K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,25009/240.08 miSandbach Walk, Cheadle, Stockport3
£1,40002/250.14 mi-3
£1,40009/240.19 miArgyll Road, Cheadle3
£1,39012/240.37 mi-3
£1,60008/240.39 mi-3
£1,65001/250.45 mi-3
£85008/240.53 miMoseley Grange, Cheadle Hulme3
£1,10008/240.53 miGladville Drive, Cheadle, Cheshire, SK83
£1,25007/240.56 mi-3
£1,25001/240.56 mi-3
£1,75002/250.58 mi-3
£1,55011/240.59 mi-3
£1,35012/240.6 mi-3
£1,60009/240.61 miPark Road, Cheadle, Greater Manchester, SK83

Local Area Statistics

Population in SK8

58,396

Population in Cheadle Hulme

58,434

Town centre distance

1.04 miles away

Nearest school

0.30 miles away

Nearest train station

0.86 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+35%

Property History

Listed for £200,000

January 22, 2025

Floor Plans

Description

  • Ideal starter home or buy to let opportunity +
  • Good size Living room +
  • Three Good Sized Bedrooms +
  • Convenient location close to schools, shops and motorway network +
  • Gated Driveway +
  • Freehold +

NO VENDOR CHAIN This charming and spacious three bedroomed mid terraced property presents an excellent opportunity for those seeking a conveniently located home, this property is perfect for those looking for a hassle-free purchase.

Situated in a popular and convenient location, this property offers easy access to local shops, amenities, and the motorway network. The approximate size of 891 sq.ft ensures ample space for comfortable living.

Upon entering the property, you are greeted with an inviting entrance hallway. The ground floor comprises a spacious lounge, flooded with natural light and featuring doors that open to the garden. The dining kitchen is fitted with a range of matching wall and base units, providing plenty of storage space.

Moving to the first floor, you will find three well-proportioned bedrooms, offering versatility in their use. A family bathroom with a separate w.c completes this level, providing convenience for the whole family.

Externally, the property boasts a gated driveway whilst at the rear, a mainly lawned garden is enclosed within a wooden fence perimeter, providing a private and peaceful outdoor space.

With its desirable location and spacious rooms this property is a must-see. We highly recommend booking a viewing to fully appreciate all that it has to offer.

Agent Details

Mitchell Williams, Cheadle

0161 491 2709

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪