2-bedroom terraced house · SK11 8BN
Sold STCListed 134 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
John Street is a popular location, being within a short walk of the town centre with all of its associated amenities.
Having been let for a number of years, this cottage is now at the stage whereby it does need some comprehensive modernisation, which is more than reflected in this attractive asking price.
The property is warmed by gas-fired central heating with uPVC double glazing and comprises a lounge and a kitchen on the ground floor, whilst on the first floor there are two bedrooms and a bathroom.
To the rear, there is a communal yard. 22 John Street is available with No Chain !! Ground Floor - Lounge - 3.63m x 3.23m (11'11 x 10'7) - uPVC front door with glazing inset. Meter cupboard.
uPVC double glazed window. Double panelled radiator. Kitchen - 3.35m x 2.90m (11'0 x 9'6) - Single drainer one and a half bowl stainless steel sink with base units below.
An additional range of matching base and eye level units with contrasting work surfaces and tiled splashbacks. Integrated single oven with hob and extractor canopy over.
Wall-mounted Worcester Bosch combination condensing boiler. Understairs storage cupboard. uPVC double glazed window. Double panelled radiator.
Utility Room - 2.24m x 1.73m (7'4 x 5'8) - Plumbing for washing machine. Two uPVC double glazed windows. uPVC door to the rear garden. Radiator.
First Floor - Landing - Bedroom One - 3.66m x 3.28m (12'0 x 10'9) - Loft access. uPVC double glazed window. Radiator. Bedroom Two - 2.77m x 1.47m (9'1 x 4'10) - Built-in storage cupboard.
uPVC double glazed window. Radiator. Bathroom - A suite comprising a panelled bath with thermostatic shower over, a pedestal washbasin and a low suite W.C. Radiator.
Outside - To the rear of the property there is a communal yard. Tenure - Leasehold - A term of 999 years from 1847. There is an annual ground rent of £18.30.
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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FAQ
About John Street, Macclesfield
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