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4 bedroom block of apartments for sale
Bridge Street, Macclesfield, Cheshire, SK11
£399,950
Bridge Street, Macclesfield, Cheshire, SK11
£399,950
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
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Here is a summarized version of the property description in a single paragraph:
This mixed-use investment opportunity in Bridge Street comprises a commercial unit, currently a hairdressing salon, and three flats on the ground, first, and upper floors. The flats are in great condition and have potential for improvement, with the possibility of increasing rents or changing the commercial element. The property has a strong cash flow, with a projected ROI of 10.1% and a potential increase in rental income due to a scheduled rent review. The commercial unit is a proven income-generating asset with a long-term lease and strong brand recognition, while the flats offer a range of layouts and amenities, including gas central heating, double glazing, and private parking. With a buyers' premium of 2.5% + VAT, this property presents a strong and appealing investment opportunity with potential for long-term growth and passive income.