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See how verdicts work1-bedroom flat · SK11 6PX
For saleListed 241 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Simpsons Court is a retirement apartment for the over 60's, which has a very central location, being just a few minutes walk of the town centre.
For those who drive, there is also residents' car parking. This particular apartment is of a good design and presented in immaculate order.
The property comprises; a secure communal entrance on Pierce Street where there are no stairs to contend with, a private hall, bay fronted living room, kitchen and a bathroom.
uPVC double glazing has been installed throughout. For £70,000 a buyer will acquire 70% of the equity with the Housing Association retaining a 30% share.
There is no rent to pay, however there is a management charge of £130.00 per month. The buyer's eligibility will need to be approved by the Housing Association.
Ground Floor - Communal Entrance Hall - A secure entrance vestibule and communal hall providing safe and easy access from Great King Street.
First Floor - Private Hallway - Storage cupboard with shelving. Cupboard housing the hot water cylinder. Electric storage heater. Lounge - 4.01m x 3.28m into bay (13'2 x 10'9 into bay) - T.V.
aerial point. uPVC double glazed windows with shutters to two elevations. Electric storage heater.
Kitchen - 2.13m x 2.01m (7'0 x 6'7) - One and a half bowl stainless steel sink unit with a mixer tap and base cupboard below.
An Additional range of matching base and eye level cupboards with contrasting work surfaces and tiled splashbacks. Integrated single oven with four ring electric hob and extractor hood over.
Space for fridge. Space for freezer. Plumbing for automatic washing machine. Tiled flooring. uPVC double glazed windows to two elevations.
Bedroom One - 3.66m x 2.49m (12'0 x 8'2 ) - uPVC double glazed window with shutters. Electric storage heaters. Bedroom Two - 2.74m x 2.13m (9'0 x 7'0) - uPVC double glazed window with shutters.
Electric storage heater. Bathroom - The suite comprises a P-shaped bath with mixer tap, screen and electric shower over, a vanity washbasin with storage cupboards below and a low suite W.C.
Extractor fan. Tiled walls. Tiled flooring. Light with shaver point. Electric chrome heated towel rail. Outside - Parking - There is limited parking for the residents of Simpsons Court.
Management Charge/ Tenure - There is a management charge of £123.88 Per calender month. Leasehold with a residue of 99 years from 1st Janury 1989. The ground rent – one peppercorn.
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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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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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FAQ
About Great King Street, Macclesfield
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