# House for sale (SK15 2JR) ## Property Details | Key | Value | |-----|-------| | Address | Park House, 5 Acres Lane, Stalybridge, Greater Manchester, SK15, SK15 2JR | | Price | £1,800,000 | ## Description **Description** Park House is an 'L' shaped building arranged over two storeys and is of traditional masonry construction beneath a flat roof. The property comprises 12 self-contained one-bedroom apartments, arranged as six apartments on each floor. Each apartment has been refurbished to a good modern standard of accommodation with new white bathroom suites and new fully fitted kitchens. The property includes a large car park with 16 spaces. **Location** Park House occupies a well-connected position on Acres Lane in Stalybridge, within Tameside. The area offers strong local amenities and several nearby schools, with Stalybridge rail station only 0.6 miles away, providing convenient access across the region and supporting strong occupier appeal. 12 recently refurbished one-bedroom apartments Self-contained block extending over two storeys Large car park including 16 spaces Single let on FRI terms to Inicio Group Ltd Current passing rent of £135,392.90 per annum CPI linked rent review with a 1% collar/3% cap. Quoting price of £1,800,000 reflects a gross yield of 7.52% ## Property Photos - ![Photo 1](/listings/photos/173160020/55067) - Photo 1 - ![Photo 2](/listings/photos/173160020/55069) - Photo 2 - ![Photo 3](/listings/photos/173160020/55071) - Photo 3 - ![Photo 4](/listings/photos/173160020/55073) - Photo 4 ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 44 ACRES LANE, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2JU | £130,000 | 23/05/2025 | Other | | PARK HOUSE, 5 ACRES LANE, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2JR | £1,350,000 | 14/06/2022 | Other | | PARK HOUSE, 5 ACRES LANE, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2JR | £125,142 | 14/06/2022 | Other | | 36 GROSVENOR STREET, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2JN | £190,000 | 13/05/2022 | Other | | UNION HOUSE, 47 WARRINGTON STREET, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2LJ | £250,000 | 28/04/2022 | Other | | 14A ACRES LANE, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2JU | £250,000 | 01/03/2022 | Other | | 1 1 PORTLAND CHAMBERS PORTLAND PLACE, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 3AD | £1,555,776 | 13/07/2021 | Other | **Area average:** £550,131 (7 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £340,400 (5 Other, SK15, 2024–2026) - **Deviation:** +428.8% ## Rental Range *ONS Price Index of Private Rents (Tameside). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £827/mo - **Realistic:** £919/mo - **Optimistic:** £1,011/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Oldham & Rochdale (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 | |------|------|------|------|------| | 2 Bed Flat, Melbourne Street, SK15 | £850/mo | 2 | 0.19 miles | OpenRent | | 4 Bed Flat, Melbourne Street, SK15 | £875/mo | 4 | 0.2 miles | OpenRent | | 2 Bed Terraced House, Stocks Lane, SK15 | £1,100/mo | 2 | 0.22 miles | OpenRent | | 2 Bed Terraced House, Huddersfield Road, SK15 | £875/mo | 2 | 0.22 miles | OpenRent | | 5 Bed End Terrace, Grenville Terrace, OL6 | £4,590/mo | 5 | 1.08 miles | OpenRent | **Average rent: £1,658/mo (5 listings)** ## 1% Rule - **Rent ratio:** 0.05% (weak for cashflow) - **Max investor price (0.8%):** £109,375 - **Target investor price (1%):** £87,500 *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 OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £875/mo).* - **Gross yield:** 0.6% - **Cost-to-rent:** 171.4× - **Monthly cashflow:** £-6,326/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -14.5% *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:** 181.5% ## House Price Index (HM Land Registry) *Official index for Tameside; All dwelling types series; as of March 2026.* - **1y growth (index):** 2.9% - **5y growth (index):** 29.7% - **10y growth (index):** 85.2% ## 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)