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Cringle Drive, Cheadle, Greater Manchester, SK8 - Image 1
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Cringle Drive, Cheadle, Greater Manchester, SK8

North West

£625,000
Listed on 08/04/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1504 sqft

Description

This four-bedroom detached residence is situated on a generous plot in a sought-after area, near Bruntwood Park. Its prime location provides easy access to well-regarded schools and convenient motorway links, making it an attractive option for families or investors looking for future potential. The home has undergone significant renovations, ensuring that it offers modern amenities while retaining character. On the ground floor, you are greeted by a bright entrance hall that flows into a well-appointed living room. The rear of the property features a contemporary kitchen/dining area equipped with integrated appliances, perfect for gatherings and everyday family living. Notably, the garage space is currently utilized for storage but holds considerable potential for conversion into additional living space, subject to necessary permissions. Upstairs, you will find four spacious bedrooms. The master suite includes an en-suite shower room with dual sinks, while the other three bedrooms share a stylish family bathroom. Recent updates from the current owners include a new roof, complete electrical rewiring, and a boiler replaced within the last year—investments that enhance long-term value and reduce immediate maintenance concerns. Outside, the front of the property features ample off-road parking on a large driveway. The south-facing garden at the rear is designed for outdoor enjoyment and includes a raised patio area ideal for entertaining guests. There's also a versatile outbuilding currently used as a home gym; however, it could easily serve as a home office or studio. Additionally, previous planning permission was granted for a four-meter rear extension, highlighting further development possibilities. This property stands out not only due to its impressive living space but also because of its renovation potential and investment opportunities in an appealing neighborhood. Early viewing is encouraged to fully appreciate what this home has to offer.

Investment Analysis

(SK8 area)

Above Market Value

This property is priced +13.4% above area average per sq ft

+13.4%
This Property
£416/sq ft
Area Average
£366/sq ft
Avg Rent (weekly)
£341
Avg Yield
4.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£606,255
10% above area average per sq ft
Potential ROI
-6.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
56
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SK8)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 1.7%
5 year growth: 16.3%
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

Cringle Drive, Cheadle, Greater Manchester, SK8
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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
£2,290
Based on a loan of £468,750 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