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Mill Road, Cheadle, ST10

West Midlands

£176,950
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
893 sqft

Description

This three-bedroom semi-detached home presents an excellent opportunity for buyers seeking a project in the heart of the West Midlands. With its solid structure, the property is primed for modernization, allowing potential owners to create their ideal living space. Upon entering, you're greeted by a charming hallway showcasing original tiled flooring, setting the stage for the character that lies within. The spacious living room boasts an original fireplace and a walk-in bay window that floods the area with natural light, ideal for those looking to restore vintage charm. Adjacent to this, the dining room provides a cozy setting with built-in storage, overlooking the rear garden—a space ripe for both day-to-day use and entertaining guests. The kitchen offers a practical layout with room for freestanding appliances amidst cream gloss units and laminate countertops. Upstairs, there are three well-sized bedrooms along with a family bathroom, all waiting for personal touches to enhance their appeal. The outdoor area features a generously sized lawned garden with a small patio and direct access to recreational grounds—perfect for families or those who appreciate open views. The front of the property benefits from off-road parking on a gravelled driveway. Located in a desirable residential area of Mill Road, this home is conveniently close to local amenities, schools, and transport links—making it ideal for first-time buyers or investors looking for their next renovation project.

Investment Analysis

(ST10 area)

Below Market Value

This property is priced -24.7% below area average per sq ft

-24.7%
Potential saving
This Property
£198/sq ft
Area Average
£263/sq ft
Avg Rent (weekly)
£195
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£258,394
10% above area average per sq ft
Potential ROI
+21.9%
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

Mill Road, Cheadle, ST10
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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
£648
Based on a loan of £132,712 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