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See how verdicts work2-bedroom flat · SK10 3RY
Sold STCListed 243 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoying an enviable position overlooking fields and forming part of a popular purpose built development is this spacious well presented two bedroom second floor apartment located in a quiet part of Macclesfield, close to the Leisure Centre and local bus routes.
In brief the property comprises: communal entrance hall, private entrance hall, light and airy living room, kitchen with many built in appliances, two good sized bedrooms and a stylish shower room.
Externally, there are electronic gates which open to well tended communal grounds and private parking facilities.
Location - Set in Cheshire's plains, on the fringe of the Peak District National Park, Macclesfield combines the old with the new.
Originally a medieval town, Macclesfield became the country's 'Silk' capital in the 1750's, whilst it still retains that heritage, in recent years it has grown to become a thriving business centre.
Macclesfield is a modern shopping centre with a range of leisure facilities to suit most tastes.
There is a popular monthly Treacle Market which is a bustling Arts, Antiques, Crafts, Food and Drink Market, held on the cobbles of the town centre with around 140 stalls of exceptional food and drink, unique crafts and vintage and information from the Macclesfield community.
There are many independent and state primary and secondary schools.
The access points of the North West Motorway network system, Manchester International Airport and some of Cheshire's finest countryside are close at hand.
Intercity rail links to London Euston and Manchester Piccadilly can be found at Macclesfield and Wilmslow railway stations as well as commuter rail links to the local business centres.
Directions - Leaving Macclesfield along Victoria Road, passing Macclesfield Hospital. On approaching The Villas development, turn right onto Priory Lane.
Take the next right onto Keats Drive where the development can be found on the left hand side. Communal Hallway - Security intercom. Stairs to the upper floors.
Private Hallway - Spacious hallway with security intercom. Two storage cupboards one with plumbing for a washing machine and the other housing the hot water tank. Wall mounted electric radiator.
Recessed ceiling spotlights. Loft access. Living Room - 4.52m'' x 2.90m'' (14'10'' x 9'6'') - Pleasant living room with double glazed window over looking field and mature trees. Ceiling coving.
Wall mounted electric radiator. Kitchen - 2.62m'' x 1.52m'' (8'7'' x 5'0'') - Fitted with a range of base units with butcher block work surfaces over and matching wall mounted cupboards.
Tiled returns. Underhung stainless steel sink unit with mixer tap. Four ring electric hob with stainless steel extractor hood over and double oven below. Integrated microwave, fridge and freezer.
Double glazed window to the side aspect. Bedroom One - 3.66m'' x 3.00m'' (12'0'' x 9'10'') - Double bedroom with double glazed window. Wall mounted electric radiator.
Bedroom Two - 3.00m'' x 2.36m'' (9'10'' x 7'9'') - Good size second bedroom with double glazed window. Wall mounted electric radiator.
Stylish Shower Room - Stylish shower room fitted with a white suite comprising; walk in shower with rainfall shower head, push button low level WC with concealed cistern and vanity wash hand basin.
Part tiled walls. Ladder style radiator. Recessed ceiling spotlights. Outside - Parking - Gated access to the well tendered communal gardens. Allocated parking with ample visitor parking.
Tenure & Management Fee - We have been informed by the vendor that the property is Leasehold and that the term will be 999 years from 1st October 1990 with peppercorn ground rent (currently being extended to this effect).
The vendor has also advised that the management fee is £108.98 per month. We also believe the council tax band is B.
We would advise any perspective buyer to confirm these details with their legal representative.
Anti Money Laundering - Note - To be able to sell or purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations.
We outsource this check to a third party and a charge will apply. Ask the branch for further details.
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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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
Agent & docs
FAQ
About Keats Drive, Macclesfield
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