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 1DB
No longer listedListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Apartment 25 at The Chimes is a beautifully presented first-floor apartment within an exclusive independent retirement community, designed for those seeking a perfect balance of comfort, privacy, and connection.
Ideally located just a short stroll from the charming and vibrant Cheadle High Street, this apartment offers a secure and relaxed lifestyle in a welcoming environment.
Thoughtfully arranged to enhance both convenience and style, the apartment features a spacious entrance hall leading to a bright and airy lounge and dining area—ideal for relaxing or entertaining guests.
From here, doors open onto a private walk-out balcony, providing the perfect spot to enjoy the outdoors.
The contemporary, fully fitted kitchen includes high-quality appliances and elegant finishes, making everyday meal preparation a pleasure.
There are two well-proportioned double bedrooms, offering flexibility for guests or additional space for hobbies, along with a beautifully appointed shower room featuring level, anti-slip flooring for added safety.
Ample storage and a practical utility area ensure everything has its place, creating a home that is both functional and refined.
Homeowners at The Chimes enjoy a wealth of communal amenities designed to promote wellbeing, independence, and community.
A full table-service restaurant serves freshly prepared breakfast and lunch daily, while a welcoming coffee lounge, homeowners’ lounge, and activity studio offer inviting spaces for socialising and pursuing interests.
Additional facilities include a therapy suite and on-site hair salon, all complemented by the reassurance of 24-hour support should assistance ever be needed.
Living at The Chimes means embracing a truly independent lifestyle with peace of mind and the freedom to do more of what you love—whether that’s joining in with community events or simply enjoying the tranquillity of your own beautifully designed apartment.
Perfectly positioned in the heart of Cheadle, this sought-after development is close to local shops, cafés, restaurants, and scenic parks, making it the ideal place to enjoy a fulfilling and worry-free retirement.
Entrance Hallway Composite entry door. Principle rooms off. Utility and generous storage room off.
Living through Dining Room uPVC double glazed double doors leading onto the walk-out balcony with excellent levels of privacy. Electric fireplace with feature surround and hearth. Kitchen off.
Kitchen The modern fully fitted kitchen comprises of a range of wall, draw and base units with preparation surface incorporating the stainless steel sink with chrome mixer tap.
Integral appliances include a full ring electric hob with extraction hood and integrated electric oven, integrated microwave, slimline dishwasher, and fridge and freezer.
Main Bedroom uPVC double glazed window. Built in double wardrobe. Bedroom Two uPVC double glazed window.
Shower Room The generous and practical wet room has level anti-slip flooring and complimentary contemporary tiling to all walls.
The suite comprises of a walk-in shower area, an inset WC, and a pedestal wash basin with chrome mixer tap. Chrome ladder style heated towel rail.
Utility Space for washing machine and tumble dryer. Store Room Generous storage room.
Exterior The beautifully landscape to maintain gardens provide both leisurely exercise and relaxation, you can enjoy the gardens and all its flora without the concerns of having the responsibilities of the upkeep.
Parking is provided with homeowner on site parking available.
Onsite Facilities for Homeowners * Elegant on-site restaurant^ serving freshly prepared hot meals daily & open to friends and family * Beautifully appointed lounge with outdoor patio area * Take up a hobby in our activities studio * Assisted bathroom and therapy room * Pamper yourself in our hairdressing salon * Internal mobility scooter & bicycle store with electric charging facilities * Fully furnished guest suite with en-suite for when family and friends stay^ * Lifts to all floors * Private homeowners parking * Extensive landscaped gardens with raised flower beds for you to enjoy ^ additional charges apply Service and Well-being Charge Benefits All homeowners living at The Chimes, Cheadle will contribute to a Service and Well-being Charge.
The high level of care, support and services on offer to enhance quality and enjoyment of life are what make Adlington different.
These charges are to provide services such as; * The provision of a daily restaurant service serving delicious meals^ * Communal cleaning and maintenance * External window cleaning * Water usage, buildings insurance and estate management * 24-hour support everyday, 365 days a year, in case of any emergency, working in tandem with a discreet emergency call system installed in each apartment ^ additional charges apply Service and Well-being Charges at The Chimes 2024/25 approximate weekly Service and Well-being Charges at Cheadle are; 1 bedroom £172 2 bedroom £185 3 bedroom £199 The Service and Well-being Charge is reviewed annually.
It is important to point out that payment of the service charge has to continue even if the apartment is vacant, as it is apportioned between all homeowners in order to maintain the high standard of service.
Communal Facilities Fee The two most important points to remember about the Communal Facilities Fee (CFF) are, firstly, you pay nothing now and, secondly, it is designed to help maintain the continued high standard of the development and ensure that each apartment, if sold, has the opportunity to achieve best value within the housing market.
The CFF is based on the principle of “enjoy today, pay in the future” and monies are only deducted when you sell your property.
The CFF is simply calculated as 2% per annum of the re-sale price of your apartment when it is sold. This fee is payable for each year or part year of occupation and is capped at 10 years.
A 0.25% contribution to a Building Reserve Fund for long term major capital repairs thereby ensuring that the development is always kept up to the same standard as when you purchased your apartment.
An Administration Fee is payable on resale of the property. Tenure Leasehold. 125 years from and including 1 January 2019. Council Tax Band D. Stockport.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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
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FAQ
About The Chimes, Lime Grove, Cheadle, SK8
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