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See how verdicts work1-bedroom flat · SK11 7JZ
Sold STCListed 287 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Richmond Place is located in the highly sought after part of Macclesfield off Black Road.
This particular property enjoys a peaceful setting on a cobbled road with views to the front across Windmill Park.
The ground floor apartment has it's own private front door and is warmed by gas fired central heating via a Vaillant boiler and fitted with double glazed windows.
In brief the property comprises; entrance hallway with ample storage space, living room, breakfast kitchen, double bedroom and recently fitted bathroom. Externally, there is residents parking.
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 - Proceed out of Macclesfield along Buxton Road and proceed over the canal bridge and take the second right onto Black Road. the property.
Carry on straight at the junction for Windmill Street and take the next left onto Richmond Hill. The property will be found on the right hand side.
Entrance Hallway - Ample storage space with three built in storage cupboards. Radiator.
Living Room - 4.98m x 2.84m (16'4 x 9'4) - Two double glazed windows with the front window over looking Windmill Park. Radiator.
Breakfast Kitchen - 3.10m x 2.31m (10'2 x 7'7) - Fitted with a range of base units with work surfaces over and matching wall mounted cupboards.
Inset stainless steel sink unit with mixer tap and drainer. Four ring electric hob with extractor hood over and oven below. Breakfast bar with stool recess.
Space for a washing machine and fridge/freezer. Wall mounted Vaillant boiler. Double glazed window. Radiator. Bedroom - 3.99m x 2.84m (13'1 x 9'4) - Double bedroom with double glazed window. Radiator.
Recently Fitted Bathroom - Recently fitted with a modern white suite comprising; panelled bath with shower over and screen to the side, push button low level WC and vanity wash hand basin.
Recessed ceiling spotlights. Chrome ladder style radiator. Outside - Residents Parking - Externally, there is a car park for residents providing off road parking.
Tenure - We are advised by our vendor that the property is Leasehold with a lease term of 115 years from 28 February 2005.
The vendor has also advised that the management fee is £462.92 PA and this is paid monthly over 10 months and includes building insurance.
The vendor has also advised us that the property is council tax band A. We would recommend any prospective 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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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.
Area
Agent & docs

FAQ
About Richmond Place, Macclesfield
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