2-bedroom flat · SK10 3HW
Sold STCListed 163 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a convenient location, this two-bedroom ground floor apartment is within easy walking distance of Fallibroome Academy and Macclesfield Leisure Centre, whilst also being well placed for local amenities and transport links.
Previously utilised as a rental property, the apartment now offers an excellent opportunity for prospective purchasers to modernise and personalise to their own taste.
The accommodation briefly comprises an entrance hall with a useful cloaks cupboard, a living room, kitchen, two well-proportioned bedrooms and a bathroom.
The property further benefits from underfloor heating and uPVC double glazing throughout.
Externally, the apartment is set within well-maintained communal grounds with residents’ parking available, making this an ideal purchase for first-time buyers, downsizers or buy-to-let investors alike.
Communal Entrance - Security intercom system. Ground Floor - Entrance Hall - Security intercom system. Spotlighting. Cloaks cupboard with coat hooks, shelving and courtesy light. Laminate flooring.
Living Room - 4.04m x 3.76m (13'3 x 12'4) - T.V. aerial point. uPVC double glazed windows to two elevations. Open way through to the Kitchen.
Kitchen - 3.76m x 1.80m (12'4 x 5'11) - One and a half bowl sink with mixer tap and base unit 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.
Plumbing for dishwasher. Plumbing for automatic washing machine. Space for a free-standing fridge/freezer. Laminate flooring. uPVC double glazed window.
Bedroom One - 3.51m x 2.97m (11'6 x 9'9) - Floor to ceiling mirror-fronted wardrobes. uPVC double glazed window. Bedroom Two - 3.00m x 2.39m (9'10 x 7'10) - uPVC double glazed window.
Bathroom - The white suite comprises a panelled bath with electric Triton shower over, a pedestal washbasin with tiled splashbacks and a low suite W.C. Partially tiled walls. Extractor fan.
Airing cupbaord housing the immersion heater. Outside - Communal Ground & Parking - Greengates is set within well-maintained communal grounds with parking available for both residents and visitors.
Tenure & Managment - Leasehold. A term of 125 years from 1993. There is a monthly management charge of 64.54. There is no ground rent payable.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Greengates, Priory Lane, Macclesfield
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