We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · SK8 5DP
Sold STCListed 386 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Perfect for downsizers, first-time buyers or investors, this spacious two double bedroom ground floor apartment offers convenience and huge potential.
Just a short stroll to the bustling and fashionable village of Cheadle Hulme, with its stylish café bars, restaurants, Waitrose, train station and highly regarded schools, the location is hard to beat.
Inside, the property features a welcoming entrance hall, a generously sized light and airy living room, a modern fitted kitchen and a nice shower room/WC combined.
Central heating and double glazing add to everyday comfort.
One of the stand-out features is the large basement room – ideal as a home office, gym or just excellent storage space for those downsizing in particular– plus the bonus of a garage, resident parking and well stocked communal gardens.
A viewing is highly recommended.
Ground Floor Communal Entrance Entrance Hall Hardwood door, radiator, laminate floor covering, two wall lights, central heating thermostat, intercom entry phone, coved ceiling, large under stair storage cupboard, door to: Living Room 5.37m (17'7") x 4.38m (14'4") Double glazed bay window to front, double glazed window to side, decorative fireplace with inset pebble effect fire, laminate floor covering, TV point.
Fitted Kitchen 5.89m (19'4") max x 2.51m (8'3") Fitted with an extensive matching range of base and eye level units with worktop space over, touch open drawers and underlighting, 1+1/2 bowl stainless steel sink unit with single drainer and mixer tap with tiled surround, integrated pull out space saving shelved units, tiled floor, integrated fridge/freezer, plumbing for automatic washing machine, touch open drawers, coved ceiling, fluorescent strip lighting, double glazed window to front, double radiator.
Bedroom 1 3.93m (12'11") x 3.92m (12'10") Double glazed bay window to rear, double glazed window to side, radiator, laminate floor covering, coved ceiling, range of fitted wardrobes and storage cupboards, dressing table and drawer units.
Bedroom 2 3.44m (11'3") x 2.96m (9'8") Double glazed window to rear, radiator, TV point, coved ceiling.
Shower Room Three piece suite comprising tiled shower area with glass screen, vanity wash hand basin with storage under, close coupled WC and heated towel rail, extractor fan, part tiled walls, tiled flooring.
Garage 5.10m x 3.97m (16'9" x 13') Frosted double glazed window to side, Metal up and over door, power and light. Inner Vestibule Door to Storage cupboard.
Door to: Basement Room 5.15m x 4.22m (16'11" x 14'6") Frosted double glazed windows to front and side, laminate floor covering, wall mounted Ideal Esprit eco 2 gas combination boiler serving heating system and domestic hot water with heating timer control, meters, storage, power and light.
Outside Concrete handstand parking space to the rear in front of garage and well stocked, communal gardens front and side. Basement Room
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 Flat 2, Oak House, 106 Cheadle Road, Cheadle Hulme, Cheadle, Cheshire
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