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Parsonage Way, Cheadle, SK8

North West

£250,000
Listed on 07/05/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
1088 sqft

Description

This three-bedroom end-terrace property presents a prime opportunity for investors or homebuyers looking to create their ideal living space through renovation. Situated in a sought-after area with convenient access to motorway links, this spacious home offers a practical layout that can be improved to increase both comfort and value. The ground floor features a welcoming hallway with a downstairs W.C, leading into a generous lounge and a kitchen diner equipped with essential appliances and access to a conservatory—an excellent space for expansion or reconfiguration. Upstairs, the landing connects to three well-proportioned bedrooms and a family bathroom, while outside, there are front and rear gardens that are ready for landscaping or redesign. With the right updates, this property has significant potential to become a modern family home or profitable rental investment.

Investment Analysis

(SK8 area)

Below Market Value

This property is priced -37.9% below area average per sq ft

-37.9%
Potential saving
This Property
£230/sq ft
Area Average
£370/sq ft
Avg Rent (weekly)
£347
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£442,996
10% above area average per sq ft
Potential ROI
+61.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
62
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SK8)

Area prices are stable by +0.1% over the last 12 months
3 year growth: +0.7%
5 year growth: +14.2%
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

Parsonage Way, Cheadle, SK8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£892
Based on a loan of £187,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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