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Riversdale Road, Cheadle, Greater Manchester, SK8

North West

£515,000

Listed on 15/07/2026

Property details

Bedrooms
4
Type
Bungalow
Area
1514 sqft

Description

Riversdale Road presents an intriguing opportunity for renovation in a highly sought-after area of Cheadle. This spacious four-bedroom detached bungalow is strategically located just a short walk from the amenities of Cheadle Village, providing easy access to cafes, shops, and eateries. With excellent transport links including the M60 motorway and A34 nearby, this property offers both convenience and potential for transformation. Inside, you will find versatile living areas that are perfect for family life or remodeling projects (subject to planning permission). The ground floor features two generously sized reception rooms, one of which could easily be reverted to its original use as a bedroom. The light-filled kitchen/dining area overlooks the rear garden, creating a pleasant backdrop for daily life with its sleek cabinetry and integrated appliances. Additionally, the dormer conversion on the upper level adds two more bedrooms, enhancing the space's adaptability for families or those who work from home. Outside, the property boasts a large driveway suitable for multiple vehicles alongside a serene backyard that invites landscaping enthusiasts or entertaining opportunities. There is also a garage providing further storage solutions. This property stands out as a prime candidate for refurbishment, allowing you to tailor it to your vision while capitalizing on its desirable location.

Investment analysis

(SK8 area)

Below Market Value

This property is priced -8.4% below area average per sq ft

-8.4%
Potential saving
This Property
£340/sq ft
Area Average
£371/sq ft
Avg Rent (weekly)
£349
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£618,280
10% above area average per sq ft
Potential ROI
+3.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (SK8)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +2.8%
5 year growth: +17.3%
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

Riversdale Road, Cheadle, Greater Manchester, SK8
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,946
Based on a loan of £386,250 over 30 years at 4.45% 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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