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Warren Road, Cheadle Hulme

North West

£725,000
Listed on 08/12/2024

Property Details

Bedrooms
N/A
Type
Plot

Description

This prime development site presents a remarkable opportunity for investors and builders looking to capitalize on an approved planning project. With full permission secured for the construction of a modern three-storey building, there is potential to create nine high-end apartments. Each ground-floor unit will enjoy private terraces, while upper-floor apartments will feature balconies with southeast views, enhancing their appeal. The design includes various amenities such as private gardens for select units, a passenger lift servicing all floors, and designated parking spaces for each apartment. Located conveniently near Cheadle Hulme's vibrant shopping and transportation options—including easy access to Stockport Station—this site is positioned to attract both buyers and renters alike. It’s a strategic investment in an area known for its demand for stylish living spaces. The site is easily accessible, making it ideal for those interested in urban living without the need for constant car travel. This property merits prompt attention from serious developers due to its desirable location and existing planning approval.

Investment Analysis

(SK8 area)
Area Average
£366/sq ft
Avg Rent (weekly)
£333
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£500,000 - £800,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (SK8)

Area prices are stable by +1.5% over the last 12 months
3 year growth: +1.0%
5 year growth: +14.0%
Investment Disclaimer: Analysis based on SK8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Warren Road, Cheadle Hulme
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,615
Based on a loan of £543,750 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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