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See how verdicts work2-bedroom flat · SK11 6PX
Sold STCListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated jus outside of Macclesfield town centre, Simpsons Court is a retirement apartment for the over 60s, offering comfortable and convenient living within a highly regarded development.
Ideally positioned within walking distance to a wide range of shops, services, and transport links, the property provides an excellent opportunity for those seeking a relaxed lifestyle with everything close at hand.
Located on the ground floor, the accommodation briefly comprises; an entrance hall, lounge, kitchen, two generously sized bedrooms, and a shower room.
The property further benefits from uPVC double glazing throughout and is heated via electric storage heaters.
Externally, Simpsons Court enjoys attractive communal grounds together with residents’ parking, further enhancing the appeal of this friendly and well-maintained development.
The property is available on a 70% shared ownership basis for £69,950, with the Housing Association retaining the remaining 30% share.
Importantly, there is no rent payable on the retained share, with only a management charge of £147.75 per calendar month.
Secure Communal Entrance - A secure entrance vestibule and communal hall providing safe and easy access from Great King Street and Pierce Street.
Ground Floor - Entrance Hall - Security intercom system. Built-in cupboard housing the Ariston water heater. Further built-in storage cupboard. Electric storage heater.
Living Room - 4.52m x 2.84m (14'10 x 9'4) - Ceiling cornice. T.V. aerial point. uPVC double glazed windows to the front and side elevation. Electric storage heater.
Kitchen - 3.51m x 1.55m (11'6 x 5'1) - Single drainer staineless steel sink with mixer tap and base unit below.
An additional range of matching base and eye level units with contrasting work surfaces and tiled splashbacks. Electric cooker point with extractor hood over. Space for a free-standing fridge/freezer.
Plumbing for automatic washing machine. uPVC double glazed window. Bedroom One - 4.85m x 3.51m reducing to 2.67m (15'11 x 11'6 redu - uPVC double glazed window. Electric storage heater.
Bedroom Two - 3.51m x 1.98m (11'6 x 6'6) - uPVC double glazed window. Electric storage heater.
Shower Room - The white suite comprises a fully tiled cubicle with Mira electric shower over, a washbasin with tiled splashbacks and vanity storage cupboard below and a low suite W.C. Extractor fan.
Electric shaver point. Outside - Parking - There is limited parking for the residents of Simpsons Court. Tenure & Management - Leasehold - A term of 99 years from 1989.
There is a monthly management fee of £147.75. This includes buildings insurance and grounds maintenance.
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 Great King Street, Macclesfield
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