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4 bedroom block of apartments for sale
Bridge Street, Macclesfield, Cheshire, SK11
£425,000
Bridge Street, Macclesfield, Cheshire, SK11
£425,000
Price History
| Initial price | £440,000 |
| 01/10/25 | £425,000 |
| Price Change | -3.41% |
Description
This mixed-use investment opportunity on Bridge Street consists of a commercial unit currently used as a hairdressing salon on the ground floor and three flats on the ground floor, first floor, and upper floor. The three flats are in excellent condition and have potential for improvement, offering a high return on investment. The property is located in a quiet residential area close to the town center, with the commercial unit situated in a visible and sought-after location. The hairdressing salon has a strong reputation and consistent foot traffic, making it a rare opportunity to acquire a proven income-generating asset. The property is currently let on a six-year lease with a scheduled rent review, providing a secure and professionally managed stream of passive income. The flats are well-maintained and offer a high level of rental appeal, with potential for increasing rents and adding value to the property. With a projected cash flow of £1,362.88 and a return on investment of 12.2%, this property presents a strong and appealing investment proposition.