4 bedroom block of apartments for sale

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4 bedroom block of apartments for sale

Bridge Street, Macclesfield, Cheshire, SK11
£425,000

Our Summary

  • 11A - 11C Bridge Street is a fantastic longstanding mixed use investment opportunity
  • The three flats are all in fantastic condition and finished to a high spec but there is potential to improve the property - adding value by increasing the rents or changing the commercial element to a different business
  • Though the properties are on separate titles, they are to be sold in this instance as one package making it an impressive and convenient investment opportunity, with the option to sell them individually in the future
  • Importantly, a scheduled rent review is expected to increase monthly rental income from £450 to a competitive £750, further enhancing yield potential and capitalising on the property's strong market positioning
  • Potential to increase Rents - Renewal of Commercial Rent Feb 2026

Description

This mixed-use investment opportunity on Bridge Street consists of a commercial unit currently used as a hairdressing salon on the ground floor and three flats on the ground floor, first floor, and upper floor. The three flats are in excellent condition and have potential for improvement, offering a high return on investment. The property is located in a quiet residential area close to the town center, with the commercial unit situated in a visible and sought-after location. The hairdressing salon has a strong reputation and consistent foot traffic, making it a rare opportunity to acquire a proven income-generating asset. The property is currently let on a six-year lease with a scheduled rent review, providing a secure and professionally managed stream of passive income. The flats are well-maintained and offer a high level of rental appeal, with potential for increasing rents and adding value to the property. With a projected cash flow of £1,362.88 and a return on investment of 12.2%, this property presents a strong and appealing investment proposition.