South Wing, The Old Hospital, Barnes Way, Cheadle, SK8 2GH
EX

South Wing, The Old Hospital, Barnes Way, Cheadle, SK8 2GH

By eXp UK

£ 172,500

Reviews

3 out of 5 stars

eXp UK says ..

Please call Mark Buckley Estate Agents and quote ref MB0874 to book your viewing. FREEHOLD - An exceptional apartment located within the prestigious Barnes Village development. This stunning ground floor studio apartment, featuring a mezzanine, is housed within ...

Property Oracle says ..

The property is located in Cheadle, Greater Manchester, a suburb of Stockport. The area benefits from relatively close proximity to several train stations providing links to Manchester and beyond. Schools in the area appear to be rated ‘Good’ by Ofsted, although specific details on the Ofsted reports are not available. The immediate vicinity of the property appears to be quiet and residential, based on the provided images. However, more information regarding local amenities and their accessibility would be needed for a complete assessment of the location score.

Based on the photographs, the property appears to be in good condition. It has been recently modernised with a contemporary kitchen and bathroom. The apartment is presented well and appears clean and well-maintained. There is no visible evidence of significant repair or renovation needs.

The property does not appear to have a private garden. The communal grounds are well-maintained, and there is a shared courtyard area, which may offer some outdoor space. However, this is not comparable to a private garden.

Considering the list price of £172,500, the average price of properties in the area (£405,367), and the average price per square foot (£329), this property appears to be significantly underpriced. The average price per square foot in the area is considerably higher than what is implied by the list price. However, the property is an apartment, and the smaller size and lack of outdoor space could justify a lower price compared to larger detached houses in the area. Further analysis of comparable properties in the area, particularly other apartments, would be necessary to provide a more definitive assessment of the price. The lack of plot size data for comparable properties makes a precise price comparison difficult.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
9
Location
7
Land
3
Bedrooms
1
Bathrooms
1
Sqft (est)
473.61

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
329,375.00 £
Decreased by 27.50 %
from 454,300.00 £
Est sale value
233,489.73 £
Increased by 50.30 %
from 155,344.08 £
Average area rental value
1,319.00 £/mo
Decreased by 12.07 %
from 1,500.00 £/mo
Est letting value
473.61 £/mo
Unchanged by 0.00 %
from 473.61 £/mo
Est rental Yield
4.81 %
Increased by 21.46 %
from 3.96 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • eXp UK created the listing.

Nearby Schools

NameTypeOfstedDistance
Broad Oak Primary SchoolCommunity SchoolGood0.82 KM
Cheadle Primary SchoolCommunity SchoolGood1.07 KM
The Kingsway SchoolAcademy ConverterGood1.18 KM
Parrs Wood High SchoolAcademy ConverterGood1.21 KM
Gatley Primary SchoolAcademy Converter1.71 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Airedale Close £ 000.00 KM
M60 £ 000.00 KM
Drayton Manor £ 330,00000.00 KM
Broadway Avenue £ 550,00000.00 KM
Ashfield Crescent £ 250,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Gatley2953GTY0.98 KM
East Didsbury2949EDY1.37 KM
Burnage2945BNA2.82 KM
Heald Green2860HDG3.40 KM
Mauldeth Road2867MAU4.30 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
2 Whitby Close £ 309,0000.17 KM
7 Whitby Close £ 320,0000.17 KM
9 Whitby Close £ 172,0000.17 KM
4 Whitby Close £ 190,0000.17 KM
5 Whitby Close £ 275,0000.17 KM