# Land for sale (SK8 3RL)

## Property Details

| Key | Value |
|-----|-------|
| Address | Brown Lane, Heald Green, SK8 3RL |
| Price | £1,250,000 |

## Description

A FREEHOLD, Redevelopment site of two thirds of an acre (or thereabouts).

Fronting onto Brown Lane, this redevelopment site has at present a detached house in situ which will require demolition. Please see site plan within our brochure.

A planning application was submitted on the 15th August 2022, Ref: DC/086240. This was for a Full Planning Application for nine dwellings with associated access, parking and private amenity. The recommendation was to grant the permission subject to a) Conditions and b) A section 106 Agreement, being a contribution towards open space. 

Full details can be found on the Planning Portal for Stockport Metropolitan Borough Council.

Heald Green lies some nine miles south of the city centre and within a few miles of both the M56/M60 motorways as well as Manchester Airport.

This is a very rare opportunity not to be missed.

## Property Photos

- ![Photo credited to Google Earth .jpg](/listings/photos/160716551/64492) - Photo credited to Google Earth .jpg
- ![Brown Lane 2.jpg](/listings/photos/160716551/64493) - Brown Lane 2.jpg
- ![Brown Lane 6](/listings/photos/160716551/64494) - Brown Lane 6
- ![Brown Lane 3.jpg](/listings/photos/160716551/64495) - Brown Lane 3.jpg
- ![Brown Lane 4.jpg](/listings/photos/160716551/64496) - Brown Lane 4.jpg
- ![Brown Lane 5.jpg](/listings/photos/160716551/64497) - Brown Lane 5.jpg
- ![Brown Lane 6.jpg](/listings/photos/160716551/64498) - Brown Lane 6.jpg
- ![Brown Lane 6.jpg](/listings/photos/160716551/64499) - Brown Lane 6.jpg
- ![Brown Lane Plan.jpg](/listings/photos/160716551/64500) - Brown Lane Plan.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 |
|---------|-------|------|------|
| [Same street] 39 BROWN LANE, HEALD GREEN, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 3RL | £337,000 | 18/08/2025 | Semi-detached |
| [Same street] 38 BROWN LANE, HEALD GREEN, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 3RL | £475,000 | 29/07/2022 | Detached |
| 258 FINNEY LANE, HEALD GREEN, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 3QD | £420,000 | 06/08/2021 | Other |

**Street average:** £406,000 (2 sales)
**Area average:** £420,000 (1 sale)

## Price vs local average

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

- **Local average:** £512,600 (10 Other, SK8, 2024–2026)
- **Deviation:** +143.9%

## 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).*

## 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 |
|------|------|------|------|------|
| 1 Bed Flat, Kendal Drive, SK8 | £900/mo | 1 | 0.81 miles | OpenRent |

**Average rent: £900/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.07% (weak for cashflow)
- **Max investor price (0.8%):** £112,500
- **Target investor price (1%):** £90,000

*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 £900/mo).*

- **Gross yield:** 0.9%
- **Cost-to-rent:** 115.7×
- **Monthly cashflow:** £-4,138/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -13.7%

*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:** -71.6%
- **10y growth:** -67.8%

## House Price Index (HM Land Registry)

*Official index for Stockport; All dwelling types series; as of April 2026.*

- **1y growth (index):** 3.7%
- **5y growth (index):** 23.4%
- **10y growth (index):** 64.6%

## 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)