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Kelsall Road, Cheadle, SK8 2NE - Image 1
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Kelsall Road, Cheadle, SK8 2NE

North West

£230,000
Listed on 03/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
840 sqft

Description

This mid-terrace property features three bedrooms and presents a compelling opportunity for renovation. While the home requires some updates, it provides a solid foundation for those looking to personalize their living space or invest in a property with significant potential. Inside, the layout includes an entrance hall leading to a utility area, a living room, and a dining kitchen, offering functional spaces that can be reimagined to suit modern tastes. The three bedrooms provide flexibility for family living or could be adapted for use as home offices or guest rooms. A separate WC adds convenience for residents and visitors alike. Externally, the property boasts off-road parking on a gravel hardstanding at the front. The rear garden is enclosed and primarily laid to lawn, providing an ideal space for outdoor activities or landscaping projects that could enhance both enjoyment and property value. Situated in a location with easy access to local amenities and transport links, this property holds strong investment appeal, particularly for buyers looking to add value through thoughtful renovations. Early viewing is advised for those interested in exploring the possibilities that await within this space. With council tax band B and freehold tenure, this property represents an accessible entry point into the housing market, suitable for both first-time buyers and seasoned investors alike.

Investment Analysis

(SK8 area)

Below Market Value

This property is priced -25.3% below area average per sq ft

-25.3%
Potential saving
This Property
£274/sq ft
Area Average
£366/sq ft
Avg Rent (weekly)
£341
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£338,600
10% above area average per sq ft
Potential ROI
+30.2%
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

Kelsall Road, Cheadle, SK8 2NE
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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
£843
Based on a loan of £172,500 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