2-bedroom terraced house · SK11 0JZ
Listing removedListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cerris Homes are delighted to announce the release a small number of two bedroom terraced houses situated on the Bollin Grange development in Macclesfield.
Available on the shared ownership scheme and ready to reserve off plan now! Price shown is for a 35% share. Shares available from 10% to 75%.
Shared ownership provides an affordable way for you to become a homeowner, by buying a share in a new home and paying a subsidised rent on the remaining share.
You can then purchase further shares in your home, up to 100%, which we call "staircasing". As further shares are purchased the rent reduces accordingly.
The rent payable based on a 35% share would be £417.08pm (based on a Full Market Value of £280,000).
Plus, you will pay an estimated service charge of £25 per month (subject to change depending on phase of development).
You will need a minimum 5% deposit for mortgage purposes and funds to pay for solicitor fees, moving costs and furnishings.
The town of Macclesfield boasts scenic nature walks at Danes Moss Nature Reserve and Riverside Park.
Local amenities such as supermarkets, garages, and The Grosvenor Shopping Centre are all located nearby.
There is a selection of nurseries and pre-school facilities in Macclesfield including Bright Horizons Prestbury Day Nursery and Preschool, and Footprints Day Nursery.
For senior schools there?s The Macclesfield Academy, Park Lane School, and The King?s School. Each school caterers for a range of ages and abilities. Internal images show the view home.
Specification is subject to change. Site Plan is for plot location purposes only. Plans are not to scale.
New homes - Council Tax Band to be set All properties sold on a first come, first served basis.
Please note that on making an enquiry your details will be passed to Cerris Homes to enable them to contact you to progress your interest in this development.
The Shared Ownership Shop and Cerris Homes will not use this information for any other purpose.
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 Plot 245 and 246, Bollin Grange, Heron Drive, Macclesfield, Macclesfield, Cheshire, SK11 0JZ
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