Sold Flat

PINEWOOD

HAWLEY LANE, ALTRINCHAM, HALE BARNS, GREATER MANCHESTER WA15 0DY

3 beds 3 baths 2,293 sq ft Listed 21 Dec 2024 (-576d)

£1,650,000

Guide Price

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# 3 bedroom flat for sale (WA15 0DY)

## Property Details

| Key | Value |
|-----|-------|
| Address | PINEWOOD, HAWLEY LANE, ALTRINCHAM, HALE BARNS, GREATER MANCHESTER WA15 0DY |
| Price | £1,650,000 |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Council tax | TBC |
| Construction age | England and Wales: 1950-1966 |
| Floor area | 213 m² |
| Last sold | £1,025,000 Mar 2024 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 08/06/2033
- **Current heating cost:** £1,408/year
- **Est. upgrade cost to C:** £9,500

### Recommendations
- W2 (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9400-6913-1022-4209-1673)

## Description

Plot 4 First and Second Floor Duplex Apartment 2158sg ft

An exclusive development of 4 luxury apartments located within a short walk of Hale Barns Centre, 2 ground floor with private entrance and 2 duplex with private entrance and lift. They are offered with 2 allocated parking spaces and high specification kitchens and bathrooms.

The individual apartments offer 2/3 bedrooms with internal accommodation ranging between 2000sq ft and 2600sq ft.

## Property Photos

- ![Photo](/listings/photos/156145469/57061)
- ![Photo](/listings/photos/156145469/57064)
- ![Photo](/listings/photos/156145469/57068)
- ![Photo](/listings/photos/156145469/57071)
- ![Photo](/listings/photos/156145469/57073)
- ![Photo](/listings/photos/156145469/57074)
- ![Photo](/listings/photos/156145469/57083)

## Floorplans

- ![Floorplan 1](/listings/photos/156145469/57085) - Floorplan 1
- ![Floorplan 2](/listings/photos/156145469/57091) - Floorplan 2
- ![Floorplan 3](/listings/photos/156145469/57096) - Floorplan 3

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| PINEWOOD HAWLEY LANE, HALE BARNS, ALTRINCHAM, TRAFFORD, GREATER MANCHESTER, WA15 0DY | £1,025,000 | 15/03/2024 | Detached |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 300 APARTMENT 8 HALE ROAD, HALE BARNS, ALTRINCHAM, TRAFFORD, GREATER MANCHESTER, WA15 8SP | £405,500 | 18/08/2022 | Flat |
| 300 APARTMENT 10 HALE ROAD, HALE BARNS, ALTRINCHAM, TRAFFORD, GREATER MANCHESTER, WA15 8SP | £375,000 | 31/05/2022 | Flat |

**Area average:** £390,250 (2 sales)

## Price vs local average

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

- **Local average:** £205,290 (17 Flat, WA15, 2024–2026)
- **Deviation:** +703.7%

## Rental Range

*ONS Price Index of Private Rents (Trafford). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,226/mo
- **Realistic:** £1,362/mo
- **Optimistic:** £1,498/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for North Cumbria (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £588/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 Semi-Detached House, Briony Avenue, WA15 | £2,350/mo | 3 | 0.64 miles | OpenRent |

**Average rent: £2,350/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.14% (weak for cashflow)
- **Max investor price (0.8%):** £293,750
- **Target investor price (1%):** £235,000

*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 £2,350/mo).*

- **Gross yield:** 1.7%
- **Cost-to-rent:** 58.5×
- **Monthly cashflow:** £-4,408/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -11.1%

*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).*

## Price per Square Metre

- **£/m²:** £7,746/m²

## Capital growth trend

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

- **5y growth:** -6.5%
- **10y growth:** 2.2%

## House Price Index (HM Land Registry)

*Official index for Trafford; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -1.2%
- **5y growth (index):** 7.6%
- **10y growth (index):** 42.5%

## 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)

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Property details

Tenure

LEASEHOLD

Floor area

213 m²

Council tax band

TBC

EPC rating

Year built

England and Wales: 1950-1966

Last sold

£1,025,000 Mar 2024

Price per m²

£7,746/m²

Local average

£205,290 (+703.7%)

Deprivation

Decile 10 (32,063 of 33,755)

Street crime

0 incidents within 1 mile (May 2026)

Additional details

Parking: Yes

Description

Plot 4 First and Second Floor Duplex Apartment 2158sg ft

An exclusive development of 4 luxury apartments located within a short walk of Hale Barns Centre, 2 ground floor with private entrance and 2 duplex with private entrance and lift. They are offered with 2 allocated parking spaces and high specification kitchens and bathrooms.

The individual apartments offer 2/3 bedrooms with internal accommodation ranging between 2000sq ft and 2600sq ft.

Listed by

Altrincham

Jackson Maunders

Reference: 156145469

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 09/06/2023

Expiry date: 08/06/2033

Current heating cost: £1,408/year

Potential heating cost: £1,350/year

Est. upgrade cost to C: £9,500

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Floor insulation (solid floor) (£4,000 - £6,000)
Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 2

Floorplan 3

Price history

Event	Date	Price	% change
Sold	15/03/2024 (2 years ago)	£1,025,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
300 APARTMENT 8 HALE ROAD, HALE BARNS, ALTRINCHAM, TRAFFORD, GREATER MANCHESTER, WA15 8SP	£405,500	18/08/2022	Flat
300 APARTMENT 10 HALE ROAD, HALE BARNS, ALTRINCHAM, TRAFFORD, GREATER MANCHESTER, WA15 8SP	£375,000	31/05/2022	Flat

Area average: £390,250 (2 sales)

Capital growth trend

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

5y growth -6.5%

10y growth 2.2%

House Price Index (HM Land Registry — official index, not sold-price averages): Trafford. Series: Flats and maisonettes. As of April 2026.

1y (index) -1.2%

5y (index) 7.6%

10y (index) 42.5%

Rental Range

Estimated market rent for Trafford. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,226/mo

Realistic £1,362/mo

Optimistic £1,498/mo

Based on Local Authority from postcode lookup → Trafford.

LHA (30th percentile) floor for North Cumbria: £588/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View WA15 0DY

Address

Hawley Lane

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Hale Barns, Hawley Lane / near Chapel Lane	0.0 miles
Bus stop	Hale Barns, Hawley Lane / near Elmsway	0.0 miles
Shop	Quality Fitters	0.2 miles
Shop	Fired Earth	0.2 miles
Hospital	The Priory Hospital Altrincham	0.3 miles
Train station	Ashley	1.2 miles
Train station	Hale	1.4 miles
Hospital	Altrincham Hospital	1.8 miles
University	University Academy 92	6.4 miles
University	Fallowfield Reception and Richmond Amenities Building	6.9 miles

Street-level crime

Category	Count
Total incidents	0

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Saint Ambrose College	Secondary	0.2 miles	Good — 16 Mar 2020
St Ambrose Prep School	Other	0.2 miles	— (No rating)
Elmridge Primary School	Primary	0.4 miles	Good — 18 Jan 2024
Well Green Primary School	Primary	0.6 miles	Good — 9 Dec 2021
Altrincham College	Secondary	1.1 miles	Good — 6 Jul 2022

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 Semi-Detached House, Briony Avenue, WA15	£2,350/mo	3	0.64 miles	OpenRent

Average rent: £2,350/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.14%

Max investor price (0.8%) £293,750

Target investor price (1%) £235,000

Gross yield 1.7%

Cost-to-rent ratio 58.5×

Monthly cashflow £-4,408/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -11.1%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus 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).