2-bedroom house · SK8 7NG
For saleReduced £25k (−6.7%) on 10 OctListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This charming two double bedroom semi detached cottage is offered to the market with no onward chain and presents an exciting opportunity for first time buyers, investors or those seeking to downsize.
The property is ideally situated with easy access to the Wilmslow Handforth By-Pass, providing excellent transport links, and is conveniently located close to Stanley Green and Handforth Dean Retail Parks, with Bramhall Village just a five minute drive away.
Internally, the home features a welcoming bay fronted living room with dual aspect windows that create a bright and airy atmosphere, complemented by an open plan kitchen diner overlooking the rear aspect, which is perfect for both every-day living and entertaining.
The accommodation comprises two generously sized double bedrooms, each offering ample space for furnishings and storage.
The property is in need of selective modernisation, providing the perfect canvas for buyers to put their own stamp on the home and realise its full potential.
There is also scope to develop and extend, subject to the necessary planning permissions (STPP), making this a fantastic opportunity for those looking to add value or create additional living space.
Further benefits include a spacious driveway that provides ample off road parking, along with a single detached garage for secure storage or additional parking needs.
The property’s layout is both practical and versatile, catering to a variety of lifestyles and requirements.
With its combination of character features, generous proportions and scope for improvement, this delightful cottage represents an excellent investment in a highly sought after location.
Early viewing is highly recommended to fully appreciate the potential and charm this property has to offer. EPC Rating: E
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 139 Grove Lane, Cheadle
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