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4 bedroom block of apartments for sale
Bridge Street, Macclesfield, Cheshire, SK11
£440,000
Bridge Street, Macclesfield, Cheshire, SK11
£440,000
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 is a rare mixed-use investment opportunity located on Bridge Street, comprising a commercial unit and three flats on separate titles. The commercial unit, currently a hairdressing salon, has a six-year lease and enjoys strong brand recognition and consistent foot traffic. The three flats, each with its own unique features, are in excellent condition and offer potential for improvement and increased rental income. The property has a projected cashflow of £1,082 and a ROI of 9.3% for 2024/25, making it a strong and appealing investment proposition. With the option to sell the flats individually in the future, this package offers flexibility and long-term investment stability. The property is well-located, close to the town center, and benefits from gas central heating, double glazing, and a professional-only, no-pets policy, ensuring long-term tenant appeal.