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See how verdicts work2-bedroom flat · SK11 7GU
For saleListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to take your first step onto the property ladder, this well-presented first-floor apartment was built in 2010 as part of the popular Jack Lee Mill development, offering affordable, convenient and comfortable living ideally positioned just a stone's throw from Macclesfield town centre and the railway station.
The property is available on a shared ownership scheme, with the opportunity to purchase a 25% share for £40,000, while the remaining share is retained by Plus Dane Housing Group.
The current monthly rent is £390.79, with an additional service charge of £84.60 payable to the housing association.
Applicants will have to be approved by Plus Dane housing before putting an offer forward. Further shares can be obtained from Plus Dane.
For further information with regards to approval or obtaining more shares, please contact the office.
Accessed via a secure communal entrance with lift access to all floors, the bright and well-proportioned accommodation briefly comprises an entrance hall featuring a particularly generous built-in storage cupboard, a spacious open-plan lounge/kitchen featuring Juliet balconies to two elevations, two generous bedrooms and a modern bathroom.
The apartment benefits from electric storage heating and uPVC double glazing throughout.
Externally, the development is set within well-maintained communal grounds, with Apartment 7 enjoying the advantage of an allocated parking space, together with additional visitor parking.
Offering an affordable route into home ownership in a highly convenient location, this is an ideal purchase for first-time buyers looking to enjoy modern apartment living close to the heart of Macclesfield.
Ground Floor - Communal Entrance - First Floor - Entrance Hall - Fire safety door. Generously sized built-in cupboard with shelving housing the hot water cylinder. Electric storage heater.
Open-Plan Living Room/Kitchen - 7.54m x 3.23m (24'9 x 10'7) - Living Room: uPVC double glazed French doors opening onto a Juliet balcony.
Two electric storage heaters.Kitchen: Single drainer one and a half bowl stainless steel sink with mixer tap tap and base unit below.
An additional range of matching base and eye level units with contrasting work surfaces extending to a breakfast bar. Under unit lighting.
Integrated Zanussi single oven with four ring induction hob and extractor hood over. Space for fridge/freezer uPVC double glazed window.
Bedroom One - 3.63m x 3.35m (11'11 x 11'00) - uPVC double glazed window. Electric storage heater. Bedroom Two - 3.63m x 1.98m (11'11 x 6'6) - uPVC double glazed window. Electric storage heater.
Bathroom - The white suite comprises a panelled bath with electric Mira shower over, a pedestal washbasin and a low suite W.C. Wall-mounted mirror-fronted bathroom cabinet. Electric shaver point.
Extractor fan. Partially tiled walls. Chrome heated towel rail. Outside - Parking & Gardens - Tenure & Management - Leasehold - A term of 99 years from 2011 with no ground rent payable.
There is a monthly service charge of £84.60 which includes building insurance.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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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