Great King Street, Macclesfield

Investment Information

Pure Investor is delighted to bring to the market this beautifully finished 1 bedroom Maisonette-flat within a converted large double fronted end terraced property. The apartment is situated in Macclesfield which is a market town in East Cheshire. The flat consists of a front door that is accessible by a Yale electronic lock which leads to the carpeted stairway. To the first floor is a carpeted landing where access to all rooms is available. The first room is the family bathroom with wood flooring throughout and a toilet, double walk in shower that is tiled, large sash window, floating sink with stylish gold tap, drainer and draw handles, which backs onto a fully tiled wall with towel radiator. The adjacent room is the double family bedroom that is fully carpeted, and has a featured panelled wall and sash window. The main living area is an open planned kitchen/living space which has wood flooring throughout, the living room has ample space for a large sofa, tv unit and table. The kitchen space is very well finished with a large Velux allowing ample light flood the room. Within the kitchen is a built in fridge/freezer, cooker, hob, sink, drainer, washing machine, extractor and half tiled walls.

Full Address: Flat 1,90 Great King Street, Macclesfield, Cheshire SK11 6PW
Asking Price: £165,000.00 - £170,000.00
Service Charge: TBC
Ground Rent: TBC
Tenure: Leasehold - The freeholder will create new leases for the purchases and the length of this will be confirmed, the minimum period will be 250 years however
Parking: On Street
Number Of Bedrooms: 1
Number Of Bathrooms: 1
Garden Space: Courtyard to the rear
Tenancy: Current tenants moved in on the 01st June 2023 on a 12 month contract. The rate they are paying is £850.00pcm.
Tenancy Management: The developer has mentioned they would be interested in managing the apartments for any new buyer and would be open to discussing rates with the buyer. We also have an inhouse letting agency that would be able to provide quotation for a fully managed service.
Gross Annual Income: £10,200.00
Gross Yield Per Annum: 6.4%

Video - Great King Street, Macclesfield