Silk Mill, Mill Road, Macclesfield
EX

Silk Mill, Mill Road, Macclesfield

By eXp UK

£ 120,000

Reviews

2 out of 5 stars

eXp UK says ..

Please Quote Ref JS0322 When Calling**Investors Only**Currently Tenanted with a rent of £750.00 per calendar month 

Property Oracle says ..

This one-bedroom, one-bathroom apartment located in Macclesfield, Cheshire, is listed for £120,000. The property is situated within the Silk Mill development, conveniently located near Macclesfield train station. The apartment features exposed brickwork and wooden beams, giving it a characterful aesthetic. The living space is open-plan, incorporating the kitchen and living areas. The images reveal a functional kitchen and bathroom. The bedroom is located on a mezzanine level and offers a sloped ceiling. The overall presentation is functional. The key drawback is the absence of outdoor space and a plot size of 0.00 sqft. Potential buyers should note that the property is currently tenanted and is marketed as an investment opportunity. Further investigation into the property’s leasehold details and the tenant’s current agreement are crucial steps before making an offer. Comparatively, the prices of nearby properties vary considerably. The lack of information on the property’s square footage makes a full comparative market analysis challenging. However, the listing price appears relatively in line with average apartment prices in the area. The location’s proximity to amenities and transport links in Macclesfield constitutes a positive element. Prospective purchasers should carry out a thorough inspection and valuation to confirm their personal assessment of the property’s value in comparison to other similar apartments in the area.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
630.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
236,999.00 £
Decreased by 1.19 %
from 239,861.00 £
Est sale value
173,250.00 £
Increased by 4.96 %
from 165,060.00 £
Average area rental value
1,057.00 £/mo
Increased by 6.66 %
from 991.00 £/mo
Est letting value
630.00 £/mo
Unchanged by 0.00 %
from 630.00 £/mo
Est rental Yield
5.35 %
Increased by 7.86 %
from 4.96 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • eXp UK created the listing.

Nearby Schools

NameTypeOfstedDistance
Christ The King Catholic And Church Of England Primary SchoolAcademy Sponsor Led1.03 KM
Puss Bank School And NurseryAcademy Converter1.35 KM
Ash Grove Children'S CentreChildren's Centre1.40 KM
Ash Grove AcademyAcademy Converter1.41 KM
Parkroyal Community SchoolAcademy ConverterGood1.46 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Mill Road £ 000.00 KM
Harpur Close £ 000.00 KM
A536 £ 000.00 KM
Smith Street £ 000.00 KM
Grapes Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Macclesfield2871MAC0.79 KM
Prestbury2875PRB5.29 KM
Adlington (Cheshire)2939ADC7.60 KM

Nearby Listings

AddressPriceTypeScoreDistance
Silk Mill, Mill Road, Macclesfield £ 120,000BUY5 / 100.00 KM
Mill Road, Macclesfield, Cheshire, SK11 £ 115,000BUY5 / 100.02 KM
Cross Street, Macclesfield, Cheshire, SK11 £ 220,000BUY5 / 100.05 KM
Lord Street, Macclesfield £ 170,000BUY5 / 100.06 KM
Silk Mill, Mill Road, Macclesfield £ 135,000BUY6 / 100.06 KM

Nearby Properties

AddressPriceDistance
30 Cross Street £ 46,0000.07 KM
22a Cross Mews £ 122,0000.07 KM
9 Cross Street £ 693,4250.07 KM
8 Cross Street £ 12,4500.07 KM
36 Cross Street £ 108,0000.07 KM