# Land for sale (SK10 4DW)

## Property Details

| Key | Value |
|-----|-------|
| Address | Springfields, Prestbury, SK10 4DW |
| Price | £895,000 |

## Description

A unique opportunity to acquire a development site with planning permission for two 2700sq ft detached houses situated in the heart of the picturesque village of Prestbury.

A fantastic opportunity to acquire a development site for two contemporary homes, within walking distance of Prestbury village centre.

The properties will be approximately 2700sqft TBC, excluding the double garage.

Planning reference: 23/1056M

## Property Photos

- ![PV_Springfield_Final Image.jpg](/listings/photos/160162124/48350) - PV_Springfield_Final Image.jpg
- ![A720_M_100_EXTERNAL-WORKS-MARKETING-PLAN-.jpg](/listings/photos/160162124/48354) - A720_M_100_EXTERNAL-WORKS-MARKETING-PLAN-.jpg
- ![A720_M_110_GROUND-FLOOR-MARKETING-PLAN-.jpg](/listings/photos/160162124/48357) - A720_M_110_GROUND-FLOOR-MARKETING-PLAN-.jpg
- ![A720_M_111_FIRST-FLOOR-MARKETING-PLAN-.jpg](/listings/photos/160162124/48361) - A720_M_111_FIRST-FLOOR-MARKETING-PLAN-.jpg
- ![A720_M_112_SECOND-FLOOR-MARKETING-PLAN-.jpg](/listings/photos/160162124/48365) - A720_M_112_SECOND-FLOOR-MARKETING-PLAN-.jpg
- ![A720_M_113_THIRD-FLOOR-MARKETING-PLAN-.jpg](/listings/photos/160162124/48376) - A720_M_113_THIRD-FLOOR-MARKETING-PLAN-.jpg

## Floorplans

- ![A720_M_110A_GROUND FLOOR MARKETING PLAN .jpg](/listings/photos/160162124/48380) - A720_M_110A_GROUND FLOOR MARKETING PLAN .jpg
- ![A720_M_111A_FIRST FLOOR MARKETING PLAN .jpg](/listings/photos/160162124/48398) - A720_M_111A_FIRST FLOOR MARKETING PLAN .jpg
- ![A720_M_112A_SECOND FLOOR MARKETING PLAN .jpg](/listings/photos/160162124/48410) - A720_M_112A_SECOND FLOOR MARKETING PLAN .jpg
- ![A720_M_113A_THIRD FLOOR MARKETING PLAN  (1).jpg](/listings/photos/160162124/48419) - A720_M_113A_THIRD FLOOR MARKETING PLAN  (1).jpg

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| ST. JAMES HOUSE NEW ROAD, PRESTBURY, MACCLESFIELD, CHESHIRE EAST, SK10 4HP | £360,000 | 10/08/2022 | Other |
| LOW BARN BRIDGE END DRIVE, PRESTBURY, MACCLESFIELD, CHESHIRE EAST, SK10 4DL | £10,000 | 09/08/2022 | Other |
| BEVERLEY COTTAGE SCOTT ROAD, PRESTBURY, MACCLESFIELD, CHESHIRE EAST, SK10 4DN | £1,750,000 | 12/07/2022 | Other |
| ARTIZANA THE VILLAGE, PRESTBURY, MACCLESFIELD, CHESHIRE EAST, SK10 4DG | £250,000 | 25/02/2022 | Other |
| ARTIZANA SUITE THE VILLAGE, PRESTBURY, MACCLESFIELD, CHESHIRE EAST, SK10 4DG | £285,000 | 25/02/2022 | Other |

**Area average:** £531,000 (5 sales)

## Price vs local average

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

- **Local average:** £1,415,975 (16 Other, SK10, 2024–2026)
- **Deviation:** -36.8%

## 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).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Terraced House, Bollin Mews, SK10 | £1,850/mo | 3 | 0.11 miles | OpenRent |

**Average rent: £1,850/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.21% (weak for cashflow)
- **Max investor price (0.8%):** £231,250
- **Target investor price (1%):** £185,000

*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 OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,850/mo).*

- **Gross yield:** 2.5%
- **Cost-to-rent:** 40.3×
- **Monthly cashflow:** £-1,885/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -8.7%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

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

- **5y growth:** 106.4%
- **10y growth:** 469656.9%

## House Price Index (HM Land Registry)

*Official index for Cheshire East; All dwelling types series; as of March 2026.*

- **1y growth (index):** 1.3%
- **5y growth (index):** 22.9%
- **10y growth (index):** 52.2%

## 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)