Block of flats for sale in Mill Street, Macclesfield SK11

Offers in region of £500,000 (£500,000/sq. ft)
Block of flats for sale 1 sq. ft*
Interested in this property? Call +44 1625 684571 * or Request Details

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Property description

The property comprises of 4 self contained apartments at first and second floor level in the heart of Macclesfield town centre.

The flats were converted approximately 12 years ago to a very high standard by the owners. Access is via a courtyard adjacent to the building off Mill Street.

The premises are double glazed and benefit from gas fired central heating. All flats are fully furnished and are currently let on Shorthold Tenancy Agreements. Three of the flats have 2 bedrooms and one has one bedroom.

The current passing rental is £31,800 per annum.

The property is held on the unexpired residue of a 999 year lease at a peppercorn rental.

Price: Offers are sought in the region of £500,000 reflecting a net initial yield of 6.01% after deducting purchaser’s costs of 5.8%.

EPC: A copy of the Energy Performance Certificates can be made available on request.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Greenham Commercial Ltd, SK10 on +44 1625 684571 * (local rate)

Contact Greenham Commercial Ltd about this property

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Greenham Commercial Ltd, and do not constitute property particulars. Please contact Greenham Commercial Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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