Sold STC Flat

FLAT 15

LARCHWOOD, 6, THE CRESCENT, CHEADLE, GREATER MANCHESTER SK8 1PS

1 beds 1 baths 484 sq ft Listed 27 Jan 2025 (-481d)

£120,000

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Property details

Tenure

LEASEHOLD

Floor area

45 m²

Council tax band

TBC

EPC rating

D

Year built

England and Wales: 1976-1982

Last sold

£115,000 Feb 2026

Price per m²

£2,667/m²

Local average

£190,744 (-37.1%)

Deprivation

Decile 8 (26,331 of 33,755)

Street crime

0 incidents within 1 mile (Mar 2026)

Additional details

Parking
Residents

Description

Reeds Rains are delighted to have received instructions to offer for sale this BEAUTIFULLY PRESENTED Retirement Apartment located in the heart of Cheadle and offered with NO CHAIN. The property offers a wealth of benefits to include a communal lounge and laundry, lift and stairlift and a resident house manager. In brief the accommodation on offer comprises of a communal entrance, entrance hall, lounge, a double bedroom with fitted wardrobes, fitted kitchen and a shower room. CALL US NOW TO ARRANGE AN APPOINTMENT TO VIEW.
EPC RATING C.


IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

CHE250018/2

Listed by

Cheadle

Favsco 23 Ltd - LSL Franchise

Reference: 157422611

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 23/12/2016

Current heating cost: £298/year

Potential heating cost: £221/year

Recommendations

  • Low energy lighting for all fixed outlets (15)
  • High heat retention storage heaters and dual immersion cylinder (1,200)
  • High performance external doors (1,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

121% since 2000

Event Date Price % change
Sold 27/02/2026 (2 months ago) £115,000 +6.5%
Sold 24/09/2020 (5 years ago) £108,000 +2.9%
Sold 02/06/2017 (8 years ago) £104,950 +102%
Sold 21/01/2000 (26 years ago) £51,950 —

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
Same street LARCHWOOD, 6 FLAT 25 THE CRESCENT, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1PS £125,000 06/05/2022 Flat
Same street LARCHWOOD, 6 FLAT 12 THE CRESCENT, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1PS £110,000 31/03/2022 Flat
Same street LARCHWOOD, 6 FLAT 19 THE CRESCENT, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1PS £117,000 31/03/2022 Flat
Same street LARCHWOOD, 6 FLAT 24 THE CRESCENT, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1PS £111,000 25/03/2022 Flat
Same street LARCHWOOD, 6 FLAT 22 THE CRESCENT, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1PS £112,000 18/02/2022 Flat
Same street LARCHWOOD, 6 FLAT 5 THE CRESCENT, CHEADLE, STOCKPORT, GREATER MANCHESTER, SK8 1PS £105,000 21/09/2021 Flat

Street average: £113,333 (6 sales)

Capital growth trend

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

5y growth 12.8%
10y growth 31.8%

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

1y (index) 2.1%
5y (index) 13.3%
10y (index) 47.5%

Rental Range

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

Low £986/mo
Realistic £1,095/mo
Optimistic £1,205/mo

Based on Local Authority from postcode lookup → Stockport.

LHA (30th percentile) floor for West Pennine: £399/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View SK8 1PS

Address

The Crescent

Nearby

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

Type Name Distance
Bus stop Cheadle, Gatley Road / outside White Hart 0.1 miles
Bus stop Cheadle, Gatley Road / opposite White Hart 0.1 miles
Shop Tesco Express 0.1 miles
Shop Sainsbury's Local 0.1 miles
Train station Gatley 0.5 miles
Train station East Didsbury 1.1 miles
Hospital Newlands Care Home 2.4 miles
Hospital Withington Clinic 2.6 miles
University Fallowfield Reception and Richmond Amenities Building 3.5 miles
University Manchester School of Art 5.2 miles

Street-level crime

Category Count
Total incidents 0

Within 1 mile during Mar 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
Cheadle Village Primary School Primary 0.2 miles Good — 10 Jul 2014
The Kingsway School Secondary 0.6 miles Requires improvement — 18 Jul 2023
Meadowbank Primary School Primary 0.7 miles Good — 12 Feb 2014
Broad Oak Primary School Primary 0.7 miles Good — 20 Jun 2024
Lady Barn House School Other 0.8 miles — (No rating)

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
1 Bed Flat, Eden Place, SK8 £1,000/mo 1 0.17 miles OpenRent
Studio Flat, Stockport Road, SK8 £850/mo 1 0.27 miles OpenRent
1 Bed Flat, Stockport Road, SK8 £850/mo 1 0.4 miles OpenRent
1 Bed Flat, Oakwood Avenue, SK8 £750/mo 1 0.57 miles OpenRent
1 Bed Flat, Saville Road, SK8 £800/mo 1 0.58 miles OpenRent

Average rent: £850/mo (5 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.71%
Max investor price (0.8%) £106,250
Target investor price (1%) £85,000
Gross yield 8.5%
Cost-to-rent ratio 11.8×
Monthly cashflow £267/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 9.2%
  • 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).