1-bedroom flat · SK10 3GZ
For saleListed 94 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within a prestigious and iconic development, this spacious first floor apartment offers an exceptional opportunity for first-time buyers to step onto the property ladder in one of Macclesfield’s most desirable residential locations.
Balmoral House forms part of a Grade II listed Victorian building with a rich local history, thoughtfully converted by Jones Homes to create an impressive collection of homes that blend character and period charm with modern living, all set within beautifully maintained communal grounds.
Offered through the Cheshire East Re-sale Covenant Scheme, qualifying purchasers can acquire the property at 63% of the full market value, with no rent payable, unlike traditional shared ownership schemes.
Ideal for buyers living or working within the local area, this scheme provides a rare chance to own an attractive home at an affordable price point.
The well-presented accommodation briefly comprises an entrance hall, a bright and spacious living room, kitchen, double bedroom and a bathroom.
Externally, the property benefits from an allocated off-road parking space positioned to the front of the development.
This is a fantastic opportunity for eligible first-time buyers to purchase a stunning apartment within a highly sought-after location at an accessible price level.
Please note that interested parties must be approved by Cheshire East Council prior to proceeding. Interested parties should contact the office for further details.
Ground Floor - Secure Communal Entrance - Intercom system. First Floor - Entrance Hall - Security intercom system. Airing cupboard housing the hot water cylinder. Electric storage heater.
Living Room - 5.41m x 3.94m (17'9 x 12'11) - Secondary glazed window. Electric storage heater. Open way through to the Kitchen.
Kitchen - 2.54m x 1.93m (8'4 x 6'4) - Single drainer stainless steel sink with mixer tap and base cupboard below.
An additional range of matching base and eye level units with contrasting work surfaces and tiled splashbacks. Electric cooker point with extractor hood over. Plumbing for washing machine.
Space for a free-standing fridge/freezer. Bedroom - 4.19m x 2.90m (13'9 x 9'6) - Secondary glazed window. Electric storage heater.
Bathroom - The white suite comprises a panelled bath with electric shower over, a pedestal washbasin with mixer tap and a low suite W.C. Partially tiled walls. Chrome heated towel rail.
Outside - Gardens & Parking - The property is located within beautifully landscaped communal gardens. Resident and visitor parking is available.
Tenure & Management - Leasehold - A term of 125 years from 2003. There is an annual ground rent of £90.00 and an annual service charge of £1680.00
Value & comps
No previous sales on record.
Returns
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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.
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About Pavilion Way, Macclesfield
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