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Ness Grove, Cheadle

West Midlands

£240,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
797 sqft

Description

This detached property presents a promising opportunity for renovation enthusiasts and investors alike, situated in the desirable area of Cheadle, Staffordshire. With no upward chain, you can explore its potential without delay. As you enter, you’ll find a generous hallway that leads to a spacious reception room, providing ample space for entertaining or family gatherings. Connected to this living area is a conservatory that opens up to views of the expansive rear garden—a perfect space for relaxation and appreciating nature. The kitchen features plenty of storage and counter space, setting the stage for culinary creativity. This home includes three sizable double bedrooms, offering flexibility whether for a growing family or accommodating visitors. A conveniently located bathroom on the first floor serves all bedrooms efficiently. Although the property requires some modernization, it offers a blank canvas ideal for those who envision crafting their dream space. Equipped with gas central heating throughout, comfort is assured even during colder months. Externally, the benefits continue with a garage that provides secure parking or additional storage solutions. The large rear garden presents numerous possibilities for landscaping or outdoor enjoyment during warmer seasons. Additionally, attractive views enhance the overall appeal of this property. Nestled within Cheadle, residents enjoy convenient access to an array of local amenities—including shops, cafes, and restaurants—just a short distance away. The surrounding countryside offers excellent opportunities for outdoor activities like walking and cycling amidst beautiful scenery. Notable historical sites such as St Giles Church and Cheadle Hall are also nearby. Moreover, with robust transport links that include easy access to the M6 motorway, commuting is straightforward for those traveling further afield. In summary, this property not only provides spacious accommodation but also holds significant renovation potential in a prime location. It’s an excellent opportunity for those looking to invest in creating their ideal home in the heart of Cheadle.

Investment Analysis

(ST10 area)

Above Market Value

This property is priced +14.5% above area average per sq ft

+14.5%
This Property
£301/sq ft
Area Average
£263/sq ft
Avg Rent (weekly)
£195
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£230,616
10% above area average per sq ft
Potential ROI
-19.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (ST10)

Area prices are rising by +4.1% over the last 12 months
3 year growth: 4.9%
5 year growth: 29.3%
Investment Disclaimer: Analysis based on ST10 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

Ness Grove, Cheadle
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£879
Based on a loan of £180,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE