# Studio apartment for sale (SK7 4DF)

## Property Details

| Key | Value |
|-----|-------|
| Address | Dale House, London Road, Hazel Grove, Stockport, SK7, SK7 4DF |
| Price | £3,000,000 |
| Council tax | D |

## Description

Ian Tonge Property Services are delighted to offer for sale this superb development known as Dale House. The development consists of 23 apartments over four storeys, 9 two bedroomed apartments and 14 one bedroomed apartments. The one bedroom units range from 380 sq ft to 569 sq ft and the two bedroom apartments from 569 sq ft to the largest unit of 677 sq ft. There is also one ground floor commercial unit which is approximately 3057 sq ft and used as a restaurant with A3/A4/A5 usage. Car parking facilities are to the rear for the flats and the commercial premises. Access to the building is via a coded access from the front and rear entrance, with the lift facility to the rear of the building. The residential apartments are all managed on assured shorthold tenancies and Topkapi restaurant is under a commercial lease. For further information relating to the rent schedule and lease, please contact the agent.   

## Property Photos

- ![Photograph 1](/listings/photos/147238262/51061) - Photograph 1
- ![Photograph 2](/listings/photos/147238262/51062) - Photograph 2
- ![Photograph 3](/listings/photos/147238262/51063) - Photograph 3
- ![Photograph 4](/listings/photos/147238262/51064) - Photograph 4
- ![Photograph 5](/listings/photos/147238262/51066) - Photograph 5
- ![Photograph 6](/listings/photos/147238262/51068) - Photograph 6
- ![Photograph 7](/listings/photos/147238262/51069) - Photograph 7
- ![Photograph 7](/listings/photos/147238262/51070) - Photograph 7

## Floorplans

- ![Floorplan 1](/listings/photos/147238262/51072) - Floorplan 1

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 8 GROVE COURT, HAZEL GROVE, STOCKPORT, GREATER MANCHESTER, SK7 4HT | £75,000 | 31/10/2023 | Flat |
| 23 GROVE COURT, HAZEL GROVE, STOCKPORT, GREATER MANCHESTER, SK7 4HT | £88,000 | 14/04/2023 | Flat |
| 9 GROVE COURT, HAZEL GROVE, STOCKPORT, GREATER MANCHESTER, SK7 4HT | £85,000 | 02/12/2022 | Flat |
| 20 GROVE COURT, HAZEL GROVE, STOCKPORT, GREATER MANCHESTER, SK7 4HT | £70,500 | 29/04/2022 | Flat |
| 24 GROVE COURT, HAZEL GROVE, STOCKPORT, GREATER MANCHESTER, SK7 4HT | £85,000 | 18/03/2022 | Flat |
| 8 GROVE COURT, HAZEL GROVE, STOCKPORT, GREATER MANCHESTER, SK7 4HT | £63,000 | 28/01/2022 | Flat |
| 14 GROVE COURT, HAZEL GROVE, STOCKPORT, GREATER MANCHESTER, SK7 4HT | £103,000 | 20/01/2022 | Flat |
| 4 GROVE COURT, HAZEL GROVE, STOCKPORT, GREATER MANCHESTER, SK7 4HT | £77,500 | 14/01/2022 | Flat |
| 16 GROVE COURT, HAZEL GROVE, STOCKPORT, GREATER MANCHESTER, SK7 4HT | £60,000 | 01/11/2021 | Flat |
| 1 GROVE COURT, HAZEL GROVE, STOCKPORT, GREATER MANCHESTER, SK7 4HT | £89,950 | 20/10/2021 | Flat |

**Area average:** £79,695 (10 sales)

## Price vs local average

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

- **Local average:** £249,056 (9 Flat, SK7, 2024–2026)
- **Deviation:** +1104.5%

## Rental Range

*ONS Price Index of Private Rents (Stockport). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £986/mo
- **Realistic:** £1,095/mo
- **Optimistic:** £1,205/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Richmond & Hambleton (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, Yeoman Close, SK7 | £1,100/mo | 2 | 0.33 miles | OpenRent |

**Average rent: £1,100/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.04% (weak for cashflow)
- **Max investor price (0.8%):** £137,500
- **Target investor price (1%):** £110,000

*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 £1,100/mo).*

- **Gross yield:** 0.4%
- **Cost-to-rent:** 227.3×
- **Monthly cashflow:** £-10,849/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -15%

*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:** 41.6%
- **10y growth:** 132.6%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** 0.7%
- **5y growth (index):** 11.4%
- **10y growth (index):** 46.6%

## 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)