# 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 |
| Last sold | £1,025,000 Mar 2024 |

## 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:** £1,223/mo
- **Realistic:** £1,359/mo
- **Optimistic:** £1,495/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).*

## Capital growth trend

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

- **5y growth:** -21.2%
- **10y growth:** -13.4%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -3.6%
- **5y growth (index):** 6.8%
- **10y growth (index):** 40.9%

## 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)