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See how verdicts work1-bedroom flat · SK11 6RP
Sold STCListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**No onward chain and now available with no restrictions. Pet's will be considered.*** Newtown Chapel is a stunning building with a prominent location close to the centre of town.
It was converted in 2007 into a number of high-quality apartments and was sold under the Cheshire County Council discount scheme.
It is this discount, which is passed on to all future buyers, that makes this apartment so attractive. This is a scheme to assist buyers in acquiring their own home.
Located on the second floor and approached via a secure lobby, number 42 Newtown Chapel is a good-sized apartment with an open plan lounge/kitchen, double bedroom and a bathroom.
There are fascinating views over the rooftops of Macclesfield, and a residents' car park to the front is a useful facility. This is a stylish, affordable apartment in a convenient location.
Communal Entrance Hall - Accessed via a security intercom system. Second Floor - Entrance Hall - Security intercom system.
Lounge/Dining Kitchen - 5.41m x 3.07m (17'9 x 10'1) - Single drainer stainless steel sink unit with mixer taps and base units below.
An additional range of matching base and eye level units with contrasting work surfaces over. Plumbing for automatic washing machine.
Built-in electric hob with extractor hood over (less than two years old). Built-in oven (less than two years old). Sealed unit double glazed window. Wall mounted electric radiator.
Bedroom One - 4.70m x 3.96m (15'5 x 13'0) - Sealed unit double glazed windows to two elevations. Cupboard housing central heating and domestic hot water boiler (installed February 2025).
Wall mounted electric radiator. Bathroom - A white suite comprising a panelled bath with mixer tap and shower attachment over, pedestal wash basin with tiled splashback and a low suite W.C.
Extractor fan. Wall mounted electric towel radiator. Outside - Parking - There is residents' parking. Service Charge - Approximately £1700 per year.
Tenure - Leasehold with a 250 years lease from 2007 with a ground rent of £175.00 per year,
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About South Park Road, Macclesfield
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