Northwood says ..
BUY TO LET | POTENTIAL YIELD OF 7.33% | TENANTED UNTIL SEPT 2024 This three bedroom mid terrace has been a great investment for the current owners being continually rented out long term. Set in a popular location under 1 mile from the station and town centre properties such as this...
Property Oracle says ..
The property is a 3-bedroom terraced house located on High Street, Macclesfield, Cheshire. It is listed at £155,000.
The property benefits from being close to several primary and secondary schools, including Parkroyal Community School which has a good Ofsted rating. Macclesfield train station is also within reasonable proximity, providing convenient access to Avanti West Coast and Northern Trains services.
Based on the provided images, the property appears to be in generally good condition, although some minor cosmetic updates might enhance its appeal. The kitchen and bathroom show signs of wear and tear, indicating that some modernisation may be beneficial. The garden is relatively small but provides some outdoor space.
Considering the average house price in the area is £271,814 and the average price per square foot is £304, the listed price of £155,000 for this 3-bedroom property appears to be significantly below average. However, without the square footage of the property, a definitive conclusion on value for money cannot be reached. The lack of plot size information also prevents a thorough assessment of the land value. The relatively low price may reflect the need for some modernisation work.
Further information regarding the property’s square footage and plot size would allow for a more precise analysis of its value and condition.
Therefore, we give this property 6 / 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
- 4
- Bedrooms
- 3
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 296,738.00 £Increased by 1.41 %
- Average area rental value
- 988.00 £/moIncreased by 25.38 %
- Est rental Yield
- 4.00 %Increased by 23.84 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
Northwood created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Christ The King Catholic And Church Of England Primary School | Academy Sponsor Led | 0.76 KM | |
| Ash Grove Children'S Centre | Children's Centre | 1.09 KM | |
| Ash Grove Academy | Academy Converter | 1.10 KM | |
| Parkroyal Community School | Academy Converter | Good | 1.47 KM |
| Macclesfield College | Further Education | Good | 1.68 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Smith Street | £ 0 | 0 | 0.00 KM |
| Harpur Close | £ 0 | 0 | 0.00 KM |
| Mill Road | £ 0 | 0 | 0.00 KM |
| Thistleton Close | £ 0 | 0 | 0.00 KM |
| Western Avenue | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Macclesfield | 2871 | MAC | 1.10 KM |
| Prestbury | 2875 | PRB | 5.47 KM |
| Adlington (Cheshire) | 2939 | ADC | 7.88 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| High Street, Macclesfield, SK11 | £ 230,000 | BUY | 6 / 10 | 0.00 KM |
| High Street, Macclesfield, SK11 | £ 198,950 | BUY | 6 / 10 | 0.00 KM |
| High Street, Macclesfield, SK11 | £ 155,000 | BUY | 6 / 10 | 0.00 KM |
| High Street, Macclesfield | £ 200,000 | BUY | 7 / 10 | 0.03 KM |
| High Street, Macclesfield SK11 7QS | £ 140,000 | BUY | 5 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 145 High Street | £ 195,000 | 0.00 KM |
| 165 High Street | £ 50,000 | 0.00 KM |
| 157 High Street | £ 157,000 | 0.00 KM |
| 147 High Street | £ 220,000 | 0.00 KM |
| 137 High Street | £ 164,950 | 0.00 KM |