# 3 bedroom detached house for sale (SK11 0BP) ## Property Details | Key | Value | |-----|-------| | Address | Sparrow Avenue, Lyme Green, Macclesfield, Cheshire, SK11, SK11 0BP | | Price | £380,000 | | Bedrooms | 3 | | Bathrooms | 2 | | Council tax | D | ## Description A beautifully presented, modern home that can also be purchased on a 50% SHARED OWNERSHIP BASIS (£190,000), located on the ever-popular Lyme Green development. Built just two years ago and offered with no onward chain, this superb property is ideal for first-time buyers looking to step onto the property ladder. Occupying a stunning plot, the accommodation is stylish and well-planned throughout. The master bedroom benefits from a generous dressing area and an en-suite shower room, creating a luxurious and private retreat. The contemporary kitchen is complemented by a highly practical utility room, providing additional storage and workspace. Externally, the property continues to impress with off-road parking for two vehicles and a recently landscaped, easterly-facing rear garden, perfect for enjoying the sunshine and outdoor entertaining. Conveniently situated, the home offers excellent transport links and is within easy reach of Lyme Green Retail Park, providing a range of local amenities. 50% Shared Ownership - rent currently £474.33 per month. Early viewing is highly recommended — the first to see will buy. Buyers must be at least 18 years old. Buyers must have a total household income under £80,000. Buyers must meet the Homes England affordability and sustainability assessments (see the Homes England calculator guidance for further information) Buyers are expected to use any savings and assets towards the purchase of their home. This may mean selling assets such as bonds, shares, land and any other financial investments. Buyers in receipt of benefits are eligible for shared ownership provided they meet the Homes England affordability assessment (not all benefits are eligible) Self-employed buyers must be able to provide 2-years evidence of their income. Please note that an AML fee is chargeable once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. ## Property Photos - ![pbox-IMG.jpg](/listings/photos/91364082/1685275) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/91364082/1685276) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/91364082/1685277) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/91364082/1685278) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/91364082/1685279) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/91364082/1685280) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/91364082/1685281) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/91364082/1685282) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/91364082/1685283) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/91364082/1685284) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/91364082/1685285) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/91364082/1685286) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/91364082/1685287) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/91364082/1685288) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/91364082/1685289) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/91364082/1685290) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/91364082/1685291) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/91364082/1685292) - pbox-IMG.jpg ## Floorplans - ![pbox-FP.jpg](/listings/photos/91364082/1685293) - pbox-FP.jpg ## EPC Graphs - ![EPC Rating Graph](/listings/photos/91364082/1685294) - EPC Rating Graph ## 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] 21 SPARROW AVENUE, LYME GREEN, MACCLESFIELD, CHESHIRE EAST, SK11 0BP | £288,046 | 14/12/2023 | Terraced | | [Same street] 23 SPARROW AVENUE, LYME GREEN, MACCLESFIELD, CHESHIRE EAST, SK11 0BP | £279,795 | 14/12/2023 | Terraced | | [Same street] 31 SPARROW AVENUE, MACCLESFIELD, CHESHIRE EAST, SK11 0BP | £185,303 | 29/10/2023 | Other | | [Same street] 9 SPARROW AVENUE, MACCLESFIELD, CHESHIRE EAST, SK11 0BP | £73,255 | 27/06/2023 | Terraced | | [Same street] 7 SPARROW AVENUE, MACCLESFIELD, CHESHIRE EAST, SK11 0BP | £61,767 | 27/06/2023 | Terraced | | [Same street] 13 SPARROW AVENUE, MACCLESFIELD, CHESHIRE EAST, SK11 0BP | £61,767 | 27/06/2023 | Terraced | | [Same street] 11 SPARROW AVENUE, MACCLESFIELD, CHESHIRE EAST, SK11 0BP | £73,255 | 27/06/2023 | Terraced | | HAWTHORN HOUSE, 15 STANIER CLOSE, LYME GREEN, MACCLESFIELD, CHESHIRE EAST, SK11 0LS | £707,000 | 06/10/2022 | Detached | **Street average:** £146,170 (7 sales) **Area average:** £707,000 (1 sale) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £563,892 (50 Detached, SK11, 2024–2026) - **Deviation:** -32.6% ## Rental Range *ONS Price Index of Private Rents (North West). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £869/mo - **Realistic:** £965/mo - **Optimistic:** £1,062/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for East Cheshire (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £992/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 | |------|------|------|------|------| | 3 Bed Terraced House, Hardwick Drive, SK11 | £1,200/mo | 3 | 1.03 miles | OpenRent | | [Wardle Crescent, Gawsworth, Macclesfield](http://87.117.209.195:8080/listings/e1bdd9c) | £1,495/mo | 3 | 1.53 miles | Rightmove | **Average rent: £1,348/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.35% (weak for cashflow) - **Max investor price (0.8%):** £168,500 - **Target investor price (1%):** £134,800 *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 £1,348/mo).* - **Gross yield:** 4.3% - **Cost-to-rent:** 23.5× - **Monthly cashflow:** £-308/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -3.4% *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:** 47% - **10y growth:** 22.6% ## House Price Index (HM Land Registry) *Official index for North West; Detached series; as of May 2026.* - **1y growth (index):** 5.4% - **5y growth (index):** 26.1% - **10y growth (index):** 55.5% ## 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)