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Cross Street, Cheshire SK11 3 bed apartment for sale
Cross Street, Macclesfield, Cheshire, SK11
£220,000
Cross Street, Macclesfield, Cheshire, SK11
£220,000
Our Summary
- Opportunity for modernisation to potentially improve rental value
Description
Three one-bedroom apartments in Macclesfield are being presented as a portfolio investment opportunity, offering a potential gross yield of over 10%. Two of the apartments are currently let, generating £595 and £650 per month respectively, while the third is vacant but has a previous rental income of £650. The properties are located within walking distance of the town center and benefit from a buoyant rental market, with major employers such as Astra Zeneca and The Christie at Macclesfield Hospital nearby. The town also has excellent commuter links to Manchester and London. While the properties are in need of some updating, they offer a steady return for investors and a potential income of £1,840 per month. Internal inspection is recommended to satisfy any prospective purchaser of condition.