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Park Lane, Cheadle, ST10

West Midlands

£500,000
Listed on 09/09/2025

Property Details

Bedrooms
4
Type
Detached
Area
1873 sqft

Description

Situated on an expansive 1.19-acre plot in the sought-after Park Lane area of Cheadle, this detached four-bedroom residence presents a rare opportunity for investors and DIY enthusiasts alike. The property offers ample space to personalize and renovate, making it ideal for those looking to craft their dream home. Upon entry, you'll find spacious living areas including a bright lounge with a charming fireplace, and a dining room that seamlessly connects to the outdoor garden through bi-folding and French doors. The breakfast kitchen features cream shaker cabinets complemented by solid wood worktops and includes modern appliances with an adjoining utility room for added convenience. The ground floor also boasts a versatile bedroom along with a large wet room that could cater to various needs. Ascend to the first floor to discover three well-proportioned bedrooms, including two generous doubles and a flexible sitting room that can double as a study area, alongside a contemporary shower room. Each bedroom is adaptable and there exists significant potential for reconfiguration or extension (subject to necessary planning permissions) to enhance the living space further. The extensive gardens provide an excellent canvas for landscaping or development possibilities, whether you envision lush outdoor spaces or additional structures such as outbuildings or annexes (STNPP). Notably, the property includes 16 solar panels for energy efficiency. Ample off-road parking is provided by a spacious gravel driveway and garage. Conveniently located within walking distance of Cheadle town centre, residents will benefit from proximity to independent shops, local amenities, schools, and picturesque countryside walks right at their doorstep. Although modernisation is required throughout, this property offers significant potential for those willing to invest time and resources into its transformation.

Investment Analysis

(ST10 area)

Above Market Value

This property is priced +1.5% above area average per sq ft

+1.5%
This Property
£267/sq ft
Area Average
£263/sq ft
Avg Rent (weekly)
£189
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£541,859
10% above area average per sq ft
Potential ROI
-6.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (ST10)

Area prices are stable by +1.4% over the last 12 months
3 year growth: +6.7%
5 year growth: +19.1%
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

Park Lane, Cheadle, ST10
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,771
Based on a loan of £375,000 over 30 years at 3.91% 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.

Price History

-4.8% since listed
£500,000£25,000(-4.8%)
29/03/2026
Current price
£525,000Initial listing
05/10/2025

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