2-bedroom flat · SK8 5AU
Sold STCListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Prospect House, Cheadle Hulme — a superb second-floor apartment situated in the very heart of the village.
Offered for sale with no onward chain, this beautifully maintained and thoughtfully enhanced home is ready for any buyer to move straight in and make it their own.
Step inside to find a spacious entrance hall leading to two generously sized bedrooms, including a principal bedroom with en suite, and a stylish main bathroom, offering flexibility for couples, professionals, or small families.
The highlight of the apartment is the bright and open kitchen, dining, and living space, which flows seamlessly onto a sun-drenched private balcony — perfect for relaxing or entertaining.
Practical features include lift access, allocated parking, a secure bike store, and ample internal storage throughout the apartment.
Located on Mellor Road, this property enjoys a prime position opposite Cheadle Hulme Station, with an excellent selection of shops, amenities, and highly regarded bars and restaurants just moments away.
Please note: the apartment is owned outright and is not part of a shared equity scheme. MATERIAL INFORMATION PART A Council Tax - C Leasehold, 99 years from 2015.
Ground rent £200 PA Service charge £2,343 PART B Property Type & Construction - Brick built and tiled roof Electric and Water Supply - YES Heating - Electric Sewerage - Mains Broadband - 1000 MB Mobile Coverage - GOOD Parking - Car Park PART C Building Safety - N/A Restrictions - N/A Rights & Easements - N/A Flooded: No Flood Risk Rivers & Sea: Very low Flood Risk Surface Water: Very low Coastal Erosion Risk: No Planning Permission: N/A Accessibility / Adaptions: N/A Coalfield or Mining area: No Energy Rating - C
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 Prospect House, Mellor Road, Cheadle Hulme
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