# 2 bedroom apartment for sale (SK8 1PL) ## Property Details | Key | Value | |-----|-------| | Address | 4, LAURIESTON COURT, 33, CHADVIL ROAD, CHEADLE, GREATER MANCHESTER SK8 1PL | | Price | £180,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | D | | Last sold | £163,000 Nov 2024 | ## Description A well-presented two-bedroom ground floor apartment, ideally positioned in a highly sought-after residential location just a short distance from Cheadle Village. Offering an excellent combination of comfort, convenience, and accessibility, this attractive home is perfectly suited to first-time buyers, professionals, downsizers, or investors. The well-planned accommodation comprises a welcoming entrance hall, a bright and spacious lounge providing an ideal space for relaxing or entertaining, and a fitted kitchen complete with integrated appliances. There are two well-proportioned bedrooms, together with a bathroom featuring a shower over the bath. Externally, the apartment is set within well-maintained communal gardens, creating an attractive and peaceful environment. The property also benefits from an allocated parking space for added convenience. Location The property enjoys an excellent location within easy reach of Cheadle Village and is ideally placed for commuters. Gatley railway station is approximately half a mile away, providing regular services into Manchester and beyond, while the nearby motorway network offers convenient access to Manchester Airport, the city centre, and surrounding business hubs. Cheadle Village boasts a wide selection of shops, supermarkets, cafés, restaurants, and everyday amenities, together with highly regarded schools, healthcare facilities, and leisure opportunities. The area combines the charm of a thriving village community with superb transport links, making it a popular choice for a wide range of buyers and tenants alike. Material Information Part A Council Tax Band: D Tenure: Leasehold Ground Rent - £75 PA Lease Remaining Years – 90 Service Charge - £1600 PA Part B Property Type: Ground Floor Apartment Property Construction: Brick built Electricity Supply: Yes Water Supply: Yes Sewerage: Mains Heating: Gas Central Heating Broadband: TBC Mobile Signal/Coverage: (varies by provider) Parking: Allocated parking and on street Part C Building Safety: No known issues Restrictions: None known Flood Risk (Rivers & Sea): Very Low Flood Risk (Surface Water): Very low Coastal Erosion Risk: No Planning Permission: N/A Accessibility/Adaptations: None Coalfield or Mining Area: No Energy Rating: D ## Property Photos - ![L1](/listings/photos/90998106/1439727) - L1 - ![L2](/listings/photos/90998106/1439728) - L2 - ![L3](/listings/photos/90998106/1439729) - L3 - ![L4](/listings/photos/90998106/1439730) - L4 - ![L5](/listings/photos/90998106/1439731) - L5 - ![L6](/listings/photos/90998106/1439732) - L6 - ![L7](/listings/photos/90998106/1439733) - L7 - ![L8](/listings/photos/90998106/1439734) - L8 - ![L9](/listings/photos/90998106/1439735) - L9 - ![L10](/listings/photos/90998106/1439736) - L10 - ![L11](/listings/photos/90998106/1439737) - L11 ## Floorplans - ![Floorplan](/listings/photos/90998106/1439738) - Floorplan ## EPC Graphs - ![EE](/listings/photos/90998106/1439739) - EE - ![EI](/listings/photos/90998106/1439740) - EI - ![EPC Report](/listings/photos/90998106/1439741) - EPC Report ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | LAURIESTON COURT, 33 4 CHADVIL ROAD, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1PL | £163,000 | 28/11/2024 | Flat | | LAURIESTON COURT, 33 4 CHADVIL ROAD, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1PL | £78,950 | 28/05/1999 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 1 DIXON COURT, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1DE | £185,000 | 08/12/2023 | Flat | | WESTFORD VILLA, 11 FLAT 2 MILTON CRESCENT, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1NT | £265,000 | 29/09/2023 | Flat | | 13 FLAT 4 MILTON CRESCENT, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1NT | £550,000 | 26/10/2022 | Flat | | WESTFORD VILLA, 11 FLAT 5 MILTON CRESCENT, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1NT | £345,000 | 01/09/2022 | Flat | | HENLEY GRANGE, 81 FLAT 18 GATLEY ROAD, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1LX | £165,000 | 01/07/2022 | Flat | | BOUNDARY COURT, 105 38 AMBLESIDE GATLEY ROAD, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1BA | £70,000 | 21/06/2022 | Flat | | HENLEY GRANGE, 81 FLAT 16 GATLEY ROAD, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1LX | £165,000 | 07/06/2022 | Flat | | [Same street] LAURIESTON COURT, 33 6 CHADVIL ROAD, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1PL | £177,000 | 13/05/2022 | Flat | | BOUNDARY COURT, 105 12 PATTERDALE GATLEY ROAD, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1BA | £77,000 | 14/04/2022 | Flat | | BOUNDARY COURT, 105 28 AMBLESIDE GATLEY ROAD, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1BA | £92,500 | 28/03/2022 | Flat | | BOUNDARY COURT, 105 1 PATTERDALE GATLEY ROAD, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1BA | £92,500 | 07/01/2022 | Flat | | 23 GREENVALE COURT, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1QX | £220,000 | 21/12/2021 | Flat | | 22 GREENVALE COURT, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1QX | £180,000 | 20/12/2021 | Flat | | BOUNDARY COURT, 105 30 AMBLESIDE GATLEY ROAD, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1BA | £68,000 | 03/12/2021 | Flat | | BOUNDARY COURT, 105 36 AMBLESIDE GATLEY ROAD, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1BA | £79,950 | 15/10/2021 | Flat | | 15 DIXON COURT, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1DE | £155,000 | 24/09/2021 | Flat | | 2 DIXON COURT, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1DE | £183,000 | 27/08/2021 | Flat | | BOUNDARY COURT, 105 12 PATTERDALE GATLEY ROAD, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1BA | £72,000 | 10/08/2021 | Flat | **Street average:** £177,000 (1 sale) **Area average:** £174,409 (17 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £189,167 (26 Flat, SK8, 2024–2026) - **Deviation:** -4.8% ## Rental Range *ONS Price Index of Private Rents (Stockport). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £995/mo - **Realistic:** £1,105/mo - **Optimistic:** £1,216/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for West Pennine (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £449/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Terraced House, Ernest Street, SK8 | £1,250/mo | 2 | 0.21 miles | OpenRent | | 2 Bed Terraced House, Chaffinch Close, M22 | £1,200/mo | 2 | 1.03 miles | OpenRent | | 2 Bed Flat, Fenside Road, M22 | £2,955/mo | 2 | 1.2 miles | OpenRent | **Average rent: £1,802/mo (3 listings)** ## 1% Rule - **Rent ratio:** 0.69% (weak for cashflow) - **Max investor price (0.8%):** £156,250 - **Target investor price (1%):** £125,000 *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 £1,250/mo).* - **Gross yield:** 8.3% - **Cost-to-rent:** 12× - **Monthly cashflow:** £391/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 9% *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:** 64.3% - **10y growth:** 32.5% ## House Price Index (HM Land Registry) *Official index for Stockport; Flats and maisonettes series; as of May 2026.* - **1y growth (index):** 1.9% - **5y growth (index):** 14.2% - **10y growth (index):** 45.6% ## 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)