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Richmond Hill Road, Cheadle

North West

£500,000
Listed on 08/04/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1086 sqft

Description

Located on the desirable Richmond Hill Road in Cheadle, this charming detached bungalow presents a wealth of opportunities for potential buyers. Featuring two spacious double bedrooms and three versatile reception rooms, the layout caters well to various lifestyles, allowing for options such as a dedicated home office or additional living space. The property is equipped with a sizeable four-piece family bathroom that includes essential amenities like a wash basin, W.C., shaped bath, and walk-in shower cubicle. Notably, drop-down ladders provide access to a generously sized boarded loft area, which offers excellent prospects for conversion into usable space, pending necessary planning approvals. The substantial plot enhances the appeal of this home, showcasing a large private rear garden thoughtfully designed with tiered sections that create distinct zones for enjoyment. A paved patio area serves as an inviting spot for outdoor dining and relaxation, while the elevated tiers allow for further gardening or leisure activities. This detached bungalow not only boasts ample outdoor space but also presents significant renovation potential to customize and enhance according to individual preferences.

Investment Analysis

(SK8 area)

Above Market Value

This property is priced +25.3% above area average per sq ft

+25.3%
This Property
£460/sq ft
Area Average
£367/sq ft
Avg Rent (weekly)
£344
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£438,896
10% above area average per sq ft
Potential ROI
-21.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SK8)

Area prices are stable by -0.4% over the last 12 months
3 year growth: +0.4%
5 year growth: +13.3%
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

Richmond Hill Road, Cheadle
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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.

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