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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 property, located on Bridge Street, is a mixed-use investment opportunity consisting of a commercial unit and three flats. The commercial unit, currently a hairdressing salon, is let on a six-year lease and has a scheduled rent review that will increase monthly rental income. The three flats, each with one to two bedrooms, are in excellent condition and offer potential for increased rents or changes to the commercial element. With a projected cashflow of £1,082 and a return on investment of 9.3%, this property presents a strong investment proposition. The property is situated in a quiet residential area near the town center, offering a range of local amenities and services. The commercial unit is strategically positioned and has a strong brand recognition, making it a standout addition to any property portfolio.