{"slug":"c68fa17","reference":"156145457","property":{"agentBranchId":10601,"agentBranchName":"Altrincham","agentCompanyName":"Jackson Maunders","shortDescription":"3 bedroom flat for sale","listingUpdateReason":"Added on 21\/12\/2024","isCommercial":false,"propertySubType":"Flat","propertyTypeDisplay":"Flat","bedrooms":3,"bathrooms":3,"addedDate":"2024-12-21","soldSTC":false,"latitude":53.36792,"longitude":-2.31977,"primaryPrice":"\u00a31,600,000","price":1600000,"displayPriceQualifier":"Guide Price","postcode":"WA15 0DY","displayAddress":"Hawley Lane, Hale Barns, WA15 0DY","encId":"WSHJqKbNzgGblpLLVS2y0hy5cXpw66KyvPxdJQ==","councilTaxBand":"TBC","brochure":null,"description":"Plot 2 First and Second Floor Duplex Apartment 2300sq ft\n\nAn 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. 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WA15","price_pcm":235000,"bedrooms":3,"property_type":"Semi-Detached House","source_label":"OpenRent","distance_miles":0.65,"show_url":null}],"average_price":235000,"count":1,"availability":"ready","bedrooms_filter":3,"bedrooms_filter_relaxed":false,"bedrooms_filter_source":"listing"},"property_markdown":"# 3 bedroom flat for sale (WA15 0DY)\n\n## Property Details\n\n| Key | Value |\n|-----|-------|\n| Address | PINEWOOD, HAWLEY LANE, ALTRINCHAM, HALE BARNS, GREATER MANCHESTER WA15 0DY |\n| Price | \u00a31,600,000 |\n| Bedrooms | 3 |\n| Bathrooms | 3 |\n| Council tax | TBC |\n| Last sold | \u00a31,025,000 Mar 2024 |\n\n## Description\n\nPlot 2 First and Second Floor Duplex Apartment 2300sq ft\n\nAn 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.\n\nThe individual apartments offer 2\/3 bedrooms with internal accommodation ranging between 2000sq ft and 2600sq ft.\n\n## Property Photos\n\n- ![Photo](\/listings\/photos\/156145457\/57469)\n- ![Photo](\/listings\/photos\/156145457\/57475)\n- ![Photo](\/listings\/photos\/156145457\/57479)\n- ![Photo](\/listings\/photos\/156145457\/57483)\n- ![Photo](\/listings\/photos\/156145457\/57486)\n- ![Photo](\/listings\/photos\/156145457\/57490)\n- ![Photo](\/listings\/photos\/156145457\/57497)\n\n## Floorplans\n\n- ![Floorplan 1](\/listings\/photos\/156145457\/57499) - Floorplan 1\n- ![Floorplan 2](\/listings\/photos\/156145457\/57512) - Floorplan 2\n- ![Floorplan 3](\/listings\/photos\/156145457\/57523) - Floorplan 3\n\n## Sales History\n\n*Recorded sales for this property. Data from Land Registry Price Paid.*\n\n| Address | Price | Date | Type |\n|---------|-------|------|------|\n| PINEWOOD HAWLEY LANE, HALE BARNS, ALTRINCHAM, TRAFFORD, GREATER MANCHESTER, WA15 0DY | \u00a31,025,000 | 15\/03\/2024 | Detached |\n\n## Sold Comparables\n\n*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*\n\n| Address | Price | Date | Type |\n|---------|-------|------|------|\n| 300 APARTMENT 8 HALE ROAD, HALE BARNS, ALTRINCHAM, TRAFFORD, GREATER MANCHESTER, WA15 8SP | \u00a3405,500 | 18\/08\/2022 | Flat |\n| 300 APARTMENT 10 HALE ROAD, HALE BARNS, ALTRINCHAM, TRAFFORD, GREATER MANCHESTER, WA15 8SP | \u00a3375,000 | 31\/05\/2022 | Flat |\n\n**Area average:** \u00a3390,250 (2 sales)\n\n## Price vs local average\n\n*Outcode + property type (HousePrices, last 2 years).*\n\n- **Local average:** \u00a3205,290 (17 Flat, WA15, 2024\u20132026)\n- **Deviation:** +679.4%\n\n## Rental Range\n\n*ONS Price Index of Private Rents (Trafford). Low \/ Realistic \/ Optimistic = conservative \/ average \/ best case.*\n\n- **Low:** \u00a31,223\/mo\n- **Realistic:** \u00a31,359\/mo\n- **Optimistic:** \u00a31,495\/mo\n\n## LHA (Local Housing Allowance)\n\n*VOA 30th percentile rent floor for North Cumbria (Apr 2025 \u2013 Mar 2026).*\n\n- **LHA floor (this property size):** \u00a3588\/mo\n\n## Rental Comparables\n\n*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*\n\n| Title | Rent | Beds | Distance | As seen on |\n|------|------|------|------|------|\n| 3 Bed Semi-Detached House, Briony Avenue, WA15 | \u00a32,350\/mo | 3 | 0.65 miles | OpenRent |\n\n**Average rent: \u00a32,350\/mo (1 listing)**\n\n## 1% Rule\n\n- **Rent ratio:** 0.15% (weak for cashflow)\n- **Max investor price (0.8%):** \u00a3293,750\n- **Target investor price (1%):** \u00a3235,000\n\n*Monthly rent \u00f7 price. 1%+ = strong, 0.8\u20131% = okay, <0.8% = weak. Max investor price = rent \u00f7 0.8% (Stoke-style target). Target investor price = rent \u00f7 1% (strong cashflow band). Based on OpenRent comparables.*\n\n## Rent-driven metrics\n\n*Based on OpenRent comparables (median \u00a32,350\/mo).*\n\n- **Gross yield:** 1.8%\n- **Cost-to-rent:** 56.7\u00d7\n- **Monthly cashflow:** \u00a3-4,211\/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)\n- **Cash-on-cash ROI:** -10.9%\n\n*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price \u00f7 annual rent (from OpenRent comparables); under 14\u00d7 = strong, 14\u201316\u00d7 = acceptable, 17\u00d7+ = compressed. Cashflow = rent \u2212 mortgage \u2212 10% maintenance \u2212 \u00a325\/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit \u00f7 cash in (deposit + 4% purchase costs).*\n\n## Capital growth trend\n\n*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*\n\n- **5y growth:** -21.2%\n- **10y growth:** -13.4%\n\n## House Price Index (HM Land Registry)\n\n*Official index for Trafford; Flats and maisonettes series; as of March 2026.*\n\n- **1y growth (index):** -3.6%\n- **5y growth (index):** 6.8%\n- **10y growth (index):** 40.9%\n\n## Flood risk\n\n- **Zone:** 1\n- **Risk:** Low\n- **Source:** Job (default Low)\n\n[Check long-term flood risk (GOV.UK)](https:\/\/check-long-term-flood-risk.service.gov.uk\/postcode)\n","energy_certificate":null,"fensa_certificates_count":0,"page_data":{"listing":{"id":2318,"reference":"156145457","slug":"c68fa17","slug_hash":"c68fa17e0193350ee0985659464f53775feecf63","portal":"rightmove","channel":"RES_NEW","meta":{"agentBranchId":10601,"agentBranchName":"Altrincham","agentCompanyName":"Jackson Maunders","shortDescription":"3 bedroom flat for sale","listingUpdateReason":"Added on 21\/12\/2024","isCommercial":false,"propertySubType":"Flat","propertyTypeDisplay":"Flat","bedrooms":3,"bathrooms":3,"addedDate":"2024-12-21","soldSTC":false,"latitude":53.36792,"longitude":-2.31977,"primaryPrice":"\u00a31,600,000","price":1600000,"displayPriceQualifier":"Guide Price","postcode":"WA15 0DY","displayAddress":"Hawley Lane, Hale Barns, WA15 0DY","encId":"WSHJqKbNzgGblpLLVS2y0hy5cXpw66KyvPxdJQ==","councilTaxBand":"TBC","brochure":null,"description":"Plot 2 First and Second Floor Duplex Apartment 2300sq ft\n\nAn 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. 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