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THIS PROPERTY IS NO LONGER AVAILABLE

7 bed Block of Flats For Auction
Apartments 1,2,3,4 87 Mill Street, Macclesfield, Cheshire, SK11

£350,000
Starting Bid
  • Property at Apartments 1,2,3,4 87 Mill Street, Macclesfield, Cheshire
  • Property at Apartments 1,2,3,4 87 Mill Street, Macclesfield, Cheshire
  • Property at Apartments 1,2,3,4 87 Mill Street, Macclesfield, Cheshire
  • Property at Apartments 1,2,3,4 87 Mill Street, Macclesfield, Cheshire
  • Property at Apartments 1,2,3,4 87 Mill Street, Macclesfield, Cheshire
  • Property at Apartments 1,2,3,4 87 Mill Street, Macclesfield, Cheshire
  • Property at Apartments 1,2,3,4 87 Mill Street, Macclesfield, Cheshire
  • Property at Apartments 1,2,3,4 87 Mill Street, Macclesfield, Cheshire
  • Property at Apartments 1,2,3,4 87 Mill Street, Macclesfield, Cheshire
  • Property at Apartments 1,2,3,4 87 Mill Street, Macclesfield, Cheshire
  • Property at Apartments 1,2,3,4 87 Mill Street, Macclesfield, Cheshire
  • Property at Apartments 1,2,3,4 87 Mill Street, Macclesfield, Cheshire
  • Property at Apartments 1,2,3,4 87 Mill Street, Macclesfield, Cheshire
  • Property at Apartments 1,2,3,4 87 Mill Street, Macclesfield, Cheshire
  • Property at Apartments 1,2,3,4 87 Mill Street, Macclesfield, Cheshire
  • Property at Apartments 1,2,3,4 87 Mill Street, Macclesfield, Cheshire
  • Property at Apartments 1,2,3,4 87 Mill Street, Macclesfield, Cheshire
  • Property at Apartments 1,2,3,4 87 Mill Street, Macclesfield, Cheshire
  • Property at Apartments 1,2,3,4 87 Mill Street, Macclesfield, Cheshire
  • Property at Apartments 1,2,3,4 87 Mill Street, Macclesfield, Cheshire
  • Property at Apartments 1,2,3,4 87 Mill Street, Macclesfield, Cheshire
  • Property at Apartments 1,2,3,4 87 Mill Street, Macclesfield, Cheshire
  • Property at Apartments 1,2,3,4 87 Mill Street, Macclesfield, Cheshire

Key Features

  • TO BE SOLD BY ONLINE AUCTION
  • OPEN TO PRE AUCTION OFFERS
  • FOUR GORGEOUS APARTMENTS
  • CURRENTLY TENANTED AND PRODUCING £40,440PA
  • EPC - C
  • PLEASE NOTE, YOU NEED TO REGISTER TO BID
  • For Auction on 15th May 2024
  • Lot 72

Full Description

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TO BE SOLD BY ONLINE AUCTION ON 15TH MAY 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS.

Four Apartments at 87, Mill Street, Macclesfield, SK11 6NN

Are you looking for your next investment to add to your already existing portfolio which is generating income from day one? Thinking of taking the plunge into property investment and looking for a stress-free purchase?

Then look no further than this opportunity to acquire 4 fully furnished and tenanted apartments which currently generates £40,440PA. From 26/5/24 this will increase to £41,460PA as one of the flats has now been re-let.

If you consider the serviced accommodation market, then this could easily double the revenue generated.

Set in Cheshire's plains, on the fringe of the Peak District National Park, Macclesfield combines the old with the new. Originally a medieval town, Macclesfield became the country's 'Silk' capital in the 1750's, whilst it still retains that heritage, in recent years it has grown to become a thriving business centre. Macclesfield is a modern shopping centre with a range of leisure facilities to suit most tastes. There is a popular monthly Treacle Market which is a bustling Arts, Antiques, Crafts, Food and Drink Market, held on the cobbles of the town centre with around 140 stalls of exceptional food and drink, unique crafts and vintage and information from the Macclesfield community. There are many independent and state primary and secondary schools. The access points of the North West Motorway network system, Manchester International Airport and some of Cheshire's finest countryside are close at hand. Intercity rail links to London Euston and Manchester Piccadilly can be found at Macclesfield and Wilmslow railway stations as well as commuter rail links to the local business centres.

Here are a handful of similar properties which have sold close by:

91 - 95 Mill Street Macclesfield SK11 6NN - Sold - 23/03/2022 - £516,000 x 3 apartments

Flat 13 Brookside Mill, 14 - 16 Brook Street, SK11 7AA - Sold - 24/03/2023 - £177,500 x 1 apartment

8 The Guildhall King Edward Street Macclesfield SK10 1FX - Sold - 21/02/2023 - £220,000

Important Information

  • Council Tax Band: A
  • Tenure: Leasehold
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