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Preston Street West, Macclesfield SK11 1 bed detached bungalow for sale
Preston Street West, Macclesfield SK11
£130,000
Preston Street West, Macclesfield SK11
£130,000
Our Summary
- Unique Freehold Conversion Opportunity with Full Planning Consent
- An exceptional opportunity to acquire a freehold detached former light industrial unit with planning permission granted for conversion to a contemporary one-bedroom bungalow
- The consented plans (Planning Ref: 25/0947/FUL) offer a highly marketable layout with broad appeal for resale or long-term letting
- Full planning documents and drawings available on request
- Planning approved
Description
This unique opportunity presents a freehold detached former light industrial unit with full planning consent to convert into a contemporary one-bedroom bungalow. Located on a quiet residential street near Macclesfield town centre, the approved scheme features an open-plan kitchen and living area, bifolding doors to a dedicated parking space, and a generous double bedroom and modern shower room. With an estimated conversion cost of £35,000, the total investment amounts to £165,000, with an anticipated end value of £190,000-200,000, offering a gross yield of 6.9% to 7.3% for rental purposes. This opportunity will appeal to developers, investors, or private buyers seeking a manageable, well-located residential project with strong fundamentals and clear exit strategies.