2-bedroom flat · SK11 8XF
Sold STCListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This attractive development, constructed by Messrs Jones Homes, is set within well-tended gardens, and this particular apartment has a splendid position on the second floor with pleasant views towards the hills of the Peak District.
The accommodation is both spacious and well planned, having the benefit of both gas-fired central heating and double glazing.
From a secure carpeted communal hall, there is a vestibule, entrance hall, 16' living room with a 'Juliet' style balcony, refitted dining kitchen, two double bedrooms and a bathroom.
The decor is of a high standard with a fresh crisp design and affords the chance to acquire a property ready to move into.
Within the residents' car park, there is a space allocated for apartment 58 as well as ample visitor spaces. Entrance Vestibule - Ceiling cornice. Dado rail. Entrance Hall - Security intercom system.
Dado rail. Built-in cloaks cupboard. Radiator. Lounge - 5.16m x 3.25m (16'11 x 10'8) - Ceiling cornice. Dado rail. Living flame electric fire set within an attractive fireplace. T.V. aerial point.
uPVC double glazed windows and double doors opening onto a Juliet balcony. Radiator.
Kitchen - 3.71m x 2.29m (12'2 x 7'6) - Single drainer one and a half bowl stainless steel sink unit with mixer tap and white high gloss base units below.
An additional range of matching base and eye level units with contrasting work surfaces and tiled splashbacks. Integrated Bosch single oven.
Integrated four ring stainless steel electric hob with extractor canopy over. Integrated dishwasher. Free-standing fridge/freezer. Plumbing for washing machine.
Worcester gas central heating condensing domestic hot water boiler. Attractive laminate flooring. uPVC double glazed window. Double radiator.
Bedroom One - 3.89m x 3.07m (12'9 x 10'1) - Built-in wardrobes with sliding doors. uPVC double glazed window. Radiator. Bedroom Two - 3.43m x 3.10m (11'3 x 10'2) - Loft access.
uPVC double glazed window. Radiator. Bathroom - Fully tiled cubicle with thermostatic rainfall shower over. An attractive combined sink and low suite W.C. vanity unit with storage below.
Airing cupboard with ample shelving housing a lagged hot water cylinder and immersion heater. Vertical heated towel rail. Outside - Immaculate communal gardens. Allocated parking space.
Small storage unit. Tenure - Leasehold 125 years from 1/1/1995 with a fixed ground rent of £85.00 per year.
Service Charge - £1640.00 per year which includes building insurance and he cleaning and maintenance of all communal areas.
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.
Area
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FAQ
About Pickenham Close, Macclesfield
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