# Land for sale (WA15 8TQ)

## Property Details

| Key | Value |
|-----|-------|
| Address | FAIRWAYS, PROSPECT DRIVE, ALTRINCHAM, HALE BARNS, GREATER MANCHESTER WA15 8TQ |
| Price | £850,000 |
| Bedrooms | 5 |
| Bathrooms | 4 |
| Last sold | £355,000 May 2006 |

## Description

*PLANNING PERMISSION GRANTED FOR A BESPOKE NEW BUILD HOME*  Exceptional Residential Plot with Full Planning Permission for a new detached contemporary residence.   The proposed residence has been thoughtfully designed to deliver exceptional modern living across four expansive floors, combining elegant architecture with outstanding lifestyle amenities.  The approved accommodation includes:  •	Five substantial bedroom suites •	Open-plan kitchen, dining and family living space •	Formal lounge •	Lower ground entertainment level •	Cinema / games room •	Private gym •	Integral garage •	Multiple bathrooms and dressing areas •	Utility and boot room  The design balances luxury family living with contemporary entertaining space, incorporating extensive glazing, open-plan interiors and dedicated leisure facilities rarely found in traditional homes.  Hale Barns remains an extremely desirable residential location, renowned for its luxury homes, excellent schooling and outstanding connectivity.  The development plot enjoys excellent access to Hale Village, Altrincham town centre, Manchester Airport and an outstanding selection of schools, restaurants, golf clubs and leisure facilities, making it an exceptional setting for luxury family living.  This is a rare opportunity for developers, investors or owner-occupiers to create a landmark contemporary residence in a highly established market.

## Property Photos

- ![Photo](/listings/photos/89815032/734112)
- ![Photo](/listings/photos/89815032/734113)
- ![Photo](/listings/photos/89815032/734114)
- ![Photo](/listings/photos/89815032/734115)
- ![Photo](/listings/photos/89815032/734116)
- ![Photo](/listings/photos/89815032/734117)
- ![Photo](/listings/photos/89815032/734118)
- ![Photo](/listings/photos/89815032/734119)

## Floorplans

- ![Floor/Site plan 1](/listings/photos/89815032/734120) - Floor/Site plan 1
- ![Floor/Site plan 2](/listings/photos/89815032/734121) - Floor/Site plan 2

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #16639340
- **Address:** 1 Prospect Drive, Hale Barns, WA15 8TQ
- **Certificate Issued:** 26/01/2025
- **Work Completed:** 14/01/2025
- **Items:** 1 window(s), 1 door(s)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| FAIRWAYS PROSPECT DRIVE, HALE BARNS, ALTRINCHAM, TRAFFORD, GREATER MANCHESTER, WA15 8TQ | £355,000 | 19/05/2006 | Detached |
| FAIRWAYS PROSPECT DRIVE, HALE BARNS, ALTRINCHAM, TRAFFORD, GREATER MANCHESTER, WA15 8TQ | £275,000 | 22/11/2002 | Detached |
| FAIRWAYS PROSPECT DRIVE, HALE BARNS, ALTRINCHAM, TRAFFORD, GREATER MANCHESTER, WA15 8TQ | £175,000 | 15/12/1999 | 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 |
|---------|-------|------|------|
| 42 HIGH ELM ROAD, HALE BARNS, ALTRINCHAM, TRAFFORD, GREATER MANCHESTER, WA15 0HU | £850,000 | 21/12/2021 | Other |

**Area average:** £850,000 (1 sale)

## Price vs local average

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

- **Local average:** £330,167 (6 Other, WA15, 2024–2026)
- **Deviation:** +157.4%

## 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):** £738/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 |
|------|------|------|------|------|
| 5 Bed Detached House, Winmarith Drive, WA15 | £5,950/mo | 5 | 0.11 miles | OpenRent |

**Average rent: £5,950/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.7% (weak for cashflow)
- **Max investor price (0.8%):** £743,750
- **Target investor price (1%):** £595,000

*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 £5,950/mo).*

- **Gross yield:** 8.4%
- **Cost-to-rent:** 11.9×
- **Monthly cashflow:** £1,983/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 9.7%

*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:** -19.8%
- **10y growth:** 218.4%

## House Price Index (HM Land Registry)

*Official index for Trafford; All dwelling types series; as of March 2026.*

- **1y growth (index):** 0.1%
- **5y growth (index):** 17.3%
- **10y growth (index):** 59.5%

## 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)