# 2 bedroom maisonette for sale (CW12 3EQ) ## Property Details | Key | Value | |-----|-------| | Address | 7 PARNELL SQUARE, CONGLETON, CHESHIRE EAST CW12 3EQ | | Price | £75,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | A | | Construction age | England and Wales: 1950-1966 | | Floor area | 28 m² | | Last sold | £80,000 Jun 2025 | ## EPC Rating & Upgrade Cost - **Current rating:** C - **Potential rating:** C - **Current heating cost:** £253/year - **Est. upgrade cost to C:** £5,000 ### Recommendations - W2 (£4,000 - £6,000) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2821-3201-6120-4111-1687) ## Description The Property Discover this charming two-bedroom maisonette nestled in the established Bromley Farm estate. Ideal for first-time buyers, investors, or those seeking a low-maintenance property, this home combines convenience with comfort. Situated close to Congleton town centre, it provides easy access to local schools, amenities, and public transportation as the train station is a 5 minute walk. Benefit from allocated parking, ensuring you always have a space. The property features two reception rooms, offering versatile space for dining, entertaining, or a home office, while the two generously sized bedrooms provide ample space for rest and relaxation. Multiple storage areas including large under stair cupboard, kitchen pantry storage and 2 large landing cupboards. Oven & Hob are only 3 months old so very light use. Congleton is known for its vibrant nightlife, boasting a selection of newly opened high-class bars, restaurants, and eateries. Fitness enthusiasts will appreciate the various fitness centres and outdoor activities available. Enjoy scenic walks along the nearby Biddulph Valley Way Bridle Path and the stunning Bosley Cloud. The town offers an array of shopping options, including a 'Marks and Spencer Simply Food,' several supermarket chains, and independent butchers and bakers. Essential services are within easy reach, including doctors, dentists, and chemists, with a convenience store on Bromley Road just around the corner for everyday needs. Closer inspection of this delightful maisonette is highly recommended to fully appreciate its potential. Don’t miss out on this excellent opportunity—schedule a viewing today to avoid disappointment. **Property ownership information** Ground rent review period: Every 1 year Service charge review period: Every 1 year Lease end date: 28/06/2114 Disclaimer for virtual viewingsSome or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided. ## Property Photos - ![Photo](/listings/photos/150812036/187378) - ![Photo](/listings/photos/150812036/187379) - ![Photo](/listings/photos/150812036/187380) - ![Photo](/listings/photos/150812036/187381) - ![Photo](/listings/photos/150812036/187382) - ![Photo](/listings/photos/150812036/187383) - ![Photo](/listings/photos/150812036/187384) - ![Photo](/listings/photos/150812036/187385) - ![Photo](/listings/photos/150812036/187386) - ![Photo](/listings/photos/150812036/187387) - ![Photo](/listings/photos/150812036/187388) - ![Photo](/listings/photos/150812036/187389) - ![Photo](/listings/photos/150812036/187390) - ![Photo](/listings/photos/150812036/187391) - ![Photo](/listings/photos/150812036/187392) ## Floorplans - ![Floorplan 1](/listings/photos/150812036/187393) - Floorplan 1 ## EPC Graphs - ![epc](/listings/photos/150812036/187394) - epc ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 7 PARNELL SQUARE, CONGLETON, CHESHIRE EAST, CW12 3EQ | £80,000 | 06/06/2025 | Flat | | 7 PARNELL SQUARE, CONGLETON, CHESHIRE EAST, CW12 3EQ | £72,500 | 13/04/2023 | Flat | ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £115,200 (10 Flat, CW12, 2024–2026) - **Deviation:** -34.9% ## Rental Range *ONS Price Index of Private Rents (Cheshire East). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £878/mo - **Realistic:** £975/mo - **Optimistic:** £1,073/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Oldham & Rochdale (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £576/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 | |------|------|------|------|------| | [Bath Vale, Congleton, Cheshire, CW12](http://87.117.209.195:8080/listings/9abcc6c) | £750/mo | 2 | 0.33 miles | Rightmove | | [Shaw Close, Congleton, Chesire East, CW121GF](http://87.117.209.195:8080/listings/3363ec2) | £570/mo | 2 | 0.46 miles | Rightmove | | [Hatter Street, Congleton, Cheshire, CW12](http://87.117.209.195:8080/listings/3e2a0ae) | £925/mo | 2 | 0.5 miles | Rightmove | | [Wharf Mill, Congleton](http://87.117.209.195:8080/listings/56d45bb) | £850/mo | 2 | 0.6 miles | Rightmove | | [Kinsey Street, Congleton](http://87.117.209.195:8080/listings/76d741f) | £850/mo | 2 | 0.72 miles | Rightmove | | [Abbotts Close, Congleton](http://87.117.209.195:8080/listings/75b4138) | £1,100/mo | 2 | 0.75 miles | Rightmove | | [High Street, Congleton, Cheshire, CW12](http://87.117.209.195:8080/listings/3ae70fa) | £980/mo | 2 | 0.77 miles | Rightmove | | [Moody Street, Tudor Court, CW12](http://87.117.209.195:8080/listings/25ed67d) | £850/mo | 2 | 0.81 miles | Rightmove | | [Mill Green, Congleton, CW12](http://87.117.209.195:8080/listings/51a7cad) | £795/mo | 2 | 0.86 miles | Rightmove | | [Victoria Street, Congleton, CW12](http://87.117.209.195:8080/listings/c826d79) | £895/mo | 2 | 0.87 miles | Rightmove | | [Giantswood Lane, Congleton](http://87.117.209.195:8080/listings/51fcafc) | £1,500/mo | 2 | 0.97 miles | Rightmove | | [Tan House Yard, Off West Street, Congleton](http://87.117.209.195:8080/listings/96d99ac) | £895/mo | 2 | 0.97 miles | Rightmove | | [Antrobus Street, Congleton](http://87.117.209.195:8080/listings/38d68f1) | £650/mo | 2 | 1.02 miles | Rightmove | | [Dane Street, Congleton, CW12](http://87.117.209.195:8080/listings/8964fbf) | £800/mo | 2 | 1.16 miles | Rightmove | | [Lower Meadow Drive, Congleton](http://87.117.209.195:8080/listings/048285c) | £895/mo | 2 | 1.21 miles | Rightmove | | [Back Lane, Congleton, CW12](http://87.117.209.195:8080/listings/c0f1f25) | £1,500/mo | 2 | 1.68 miles | Rightmove | | [Ullswater Road, Congleton](http://87.117.209.195:8080/listings/f88b04f) | £1,000/mo | 2 | 1.94 miles | Rightmove | | [Lynalls Close, Congleton, CW12](http://87.117.209.195:8080/listings/e6aceff) | £1,200/mo | 2 | 2.29 miles | Rightmove | **Average rent: £945/mo (18 listings)** ## 1% Rule - **Rent ratio:** 1.19% (strong) - **Max investor price (0.8%):** £111,875 - **Target investor price (1%):** £89,500 *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 £895/mo).* - **Gross yield:** 14.3% - **Cost-to-rent:** 7× - **Monthly cashflow:** £485/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 26.8% *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:** £2,679/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -1.3% - **10y growth:** 7.8% ## House Price Index (HM Land Registry) *Official index for Cheshire East; Flats and maisonettes series; as of March 2026.* - **1y growth (index):** -3.5% - **5y growth (index):** 9.4% - **10y growth (index):** 33.2% ## 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)