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Bankhall Lane, Hale

North West

£2,500,000
Listed on 08/10/2025

Property Details

Bedrooms
6
Type
Detached house
Area
6035 sqft

Description

This large, detached family residence presents a unique opportunity for renovation or redevelopment, set within a generous 0.74-acre plot in an exclusive and tranquil neighborhood. Originally constructed in the early 1900s, the property showcases a distinctive Arts and Crafts architectural style, offering substantial living space across three floors with a total of approximately 6,000 sq. ft. The existing layout provides a solid foundation for transformation. Current plans granted through Planning Permission (Ref: 115145/HHA/24) outline an ambitious proposal to enhance the home significantly—this includes a rear basement extension and single-story additions that promise to elevate both functionality and aesthetics. The proposed renovations detail modern enhancements such as a lightwell and Juliette balcony, which would not only increase natural light but also improve the connection between indoor and outdoor spaces. Internally, the home features spacious reception areas including a grand entrance hallway with an impressive staircase, a large open-plan kitchen equipped with an island, as well as dedicated dining and living rooms that overlook the lower courtyard through expansive glazing. The first floor is designed for comfort with five bedrooms, each with ensuite facilities, while the master suite benefits from its own dressing area and large bathroom. A remarkable basement leisure suite adds further appeal—complete with a swimming pool, gym, media room, and additional changing facilities—creating opportunities for personal enjoyment or potential rental income. The exterior of the property is equally noteworthy; it is enveloped by mature hedgerows and trees that ensure privacy while contributing to the serene ambiance of the surrounding landscape. The site’s corner location enhances exclusivity within this lush suburban enclave. Residents frequently appreciate tree-lined streets that host various architectural styles ranging from Victorian to contemporary homes; such diversity adds character while establishing an inviting community atmosphere. Given its size and prime location in a desirable area characterized by individual architectural flair, this property stands out not just as a family home but also as an exceptional investment opportunity. Whether one envisions extensive renovations or full redevelopment (subject to planning), this residence offers considerable potential for future growth in value while creating a personalized living space tailored to modern needs.

Investment Analysis

(WA15 area)

Below Market Value

This property is priced -5.4% below area average per sq ft

-5.4%
Potential saving
This Property
£414/sq ft
Area Average
£438/sq ft
Avg Rent (weekly)
£446
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£600,000 - £900,000
Target Value
£2,907,663
10% above area average per sq ft
Potential ROI
-14.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (WA15)

Area prices are rising by +2.4% over the last 12 months
3 year growth: 2.1%
5 year growth: 12.8%
Investment Disclaimer: Analysis based on WA15 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

Bankhall Lane, Hale
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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
£9,158
Based on a loan of £1,875,000 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