3 bedroom flat for sale

*ATTENTION INVESTORS - POTENTIAL GROSS YIELD IN EXCESS OF 10%*

Presented to market as a portfolio investment, these three apartments - 16 and 18 Cross Street SK11 7PG, and 10a Old Mill Lane SK11 7PA - are all one bedroom and will be sold with tenants in situ, with a potential income £1885 pcm in total (the ground floor units currently £595pcm and the first floor unit £695pcm).

We are advised that the EPC rating for all three units is a grade 'C', and we are also advised all three are council tax band 'A' making them appealing options for any future tenants.

Located in walking distance to the town centre, they have historically provided a steady return for our client, who is now looking to retire while leaving his tenants in good hands, having enjoyed a fruitful relationship for several years.

Macclesfield itself currently benefits from a buoyant rental market, supported by major employers such as Astra Zeneca and the recent arrival of The Christie at Macclesfield Hospital as part of a significant investment into the hospital on the whole. The town also benefits from excellent commuter links, being on mainline to Manchester (regular trains taking 22mins) and London (regular trains that can take as little as 1hr42mins).

Please note - Some photographs are from prior to the current tenants moving in, and while the landlord has advised he has been happy with the tenants treatment of the properties, internal inspection is suggested to satisfy any prospective purchaser of condition.



IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

MAC250255/2