# 2 bedroom apartment for sale (SK10 4JY)

## Property Details

| Key | Value |
|-----|-------|
| Address | Water Garden, Alderley Park, Nether Alderley, SK10 4JY |
| Price | £795,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | F |
| Last sold | £600,000 |

## Description

A remarkable second-floor apartment within an exclusive, executive development constructed by the highly regarded property developers PJ Livesey. Crafted with attention to detail, the property is oriented to capture stunning views over the water gardens to the rear, ensuring a luxurious living environment. The development itself is a true sanctuary, combining architectural elegance with beautifully landscaped surroundings, making it highly sought after for those who value both privacy and refinement.

Upon entering the building, residents are welcomed into an impressive communal reception area, styled with lounge seating and direct access to the secure car parking garage. With lift access to all floors, the sophisticated design of this shared space sets the tone for the quality of the development as a whole, creating an inviting ambiance that feels immediately welcoming.

A private entrance hall provides access to all rooms. Practicality has also been prioritised, with multiple storage cupboards. The principle living space offers generous open plan living. The lounge area enjoys a large, glazed window and sliding glazed door that both frame the views over the water garden, filling the space with natural light and providing seamless access to the covered terrace. An ideal dining area flows effortlessly into a state of the art kitchen, fitted with quartz worktops and a wide array of eye and base units. Integrated Siemens appliances and high-quality fixtures elevate the kitchen to the highest specification, embodying both style and functionality. Beyond the kitchen lies a dedicated utility room, designed to discreetly house additional white goods and provide practical storage. 

The property features two well-appointed bedrooms, each thoughtfully designed to maximize space and comfort. The master bedroom is a true retreat, complete with a walk-in wardrobe and a private sliding door that opens onto the terrace, allowing for views of the water garden and surrounding landscape. The luxurious ensuite includes underfloor heating, a walk-in wet area and matching double sinks, adding to the suite's refined feel. The second bedroom, generous in size, also benefits from direct access to the terrace and similar picturesque views. The main bathroom, styled to the same high standard, offers both a bath and an overhead shower, completing the property's impressive array of amenities.

One of the most captivating features is the south-facing covered terrace, which can be accessed from all the main living areas. This terrace offers a peaceful spot to relax and enjoy the views over the water gardens, creating a perfect blend of indoor and outdoor living. The property comes with two dedicated secure parking space within the garage, adding further convenience.

Beyond the development itself, residents have access to a wealth of outdoor amenities within Alderley Park, from walking trails and footpaths to beautifully landscaped communal gardens. Nearby, the Churchill Tree gastropub provides a cosy spot for dining, and additional facilities such as paddle courts and a gym add to the appeal of this vibrant community. This exceptional property offers an unparalleled combination of privacy, luxury, and a connection to the natural beauty surrounding it.

EPC Rating: B

## Property Photos

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## Floorplans

- ![All](/listings/photos/174768884/316306) - All

## EPC Graphs

- ![EPC 1](/listings/photos/174768884/316307) - EPC 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
|  | £600,000 | 01/01/2020 | — |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| WATER GARDEN 24 ALDERLEY PARK, NETHER ALDERLEY, MACCLESFIELD, CHESHIRE EAST, SK10 4JY | £1,175,000 | 11/04/2023 | Flat |
| WATER GARDEN 5 ALDERLEY PARK, NETHER ALDERLEY, MACCLESFIELD, CHESHIRE EAST, SK10 4JY | £1,425,000 | 05/11/2021 | Flat |
| WATER GARDEN 24 ALDERLEY PARK, NETHER ALDERLEY, MACCLESFIELD, CHESHIRE EAST, SK10 4JY | £1,260,000 | 13/10/2021 | Flat |
| WATER GARDEN 11 ALDERLEY PARK, NETHER ALDERLEY, MACCLESFIELD, CHESHIRE EAST, SK10 4JY | £1,700,000 | 29/06/2021 | Flat |
| WATER GARDEN 21 ALDERLEY PARK, NETHER ALDERLEY, MACCLESFIELD, CHESHIRE EAST, SK10 4JY | £690,000 | 29/06/2021 | Flat |

**Area average:** £1,250,000 (5 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £240,845 (39 Flat, SK10, 2024–2026)
- **Deviation:** +230.1%

## Rental Range

*ONS Price Index of Private Rents (Cheshire East). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £878/mo
- **Realistic:** £975/mo
- **Optimistic:** £1,073/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for East Cheshire (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £723/mo

## 1% Rule

- **Rent ratio:** 0.12% (weak for cashflow)
- **Max investor price (0.8%):** £121,875
- **Target investor price (1%):** £97,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -37.7%
- **10y growth:** 56.6%

## House Price Index (HM Land Registry)

*Official index for Cheshire East; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -3.5%
- **5y growth (index):** 9.4%
- **10y growth (index):** 33.2%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)
