Bridge Street, Macclesfield, Cheshire, SK11

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Martin & Co

Beechfield House, Lyme Green Business & Retail Park Winterton Way, Macclesfield

2 bedroom apartment for sale

£220,000 Offers in excess of

2

Bedrooms

1

Bathrooms

Floorplan

Discover modern living at its finest with this stylish 2-bed apartment, perfectly located in the heart of Macclesfield!

We are delighted to present this beautifully finished two-bedroom, one-bathroom ground-floor apartment at Birch House, Bridge Street, Macclesfield. Offering a perfect combination of modern living and convenience, this property provides a stylish and comfortable space that is ideal for those seeking a home in the heart of this vibrant town. With its high-quality finishes throughout and excellent location, this apartment is a true gem.

Upon entering the apartment, you will be impressed by the considerable open-plan living area. The room is bathed in natural light from the large windows, creating a bright and airy atmosphere. The living space is complemented by a stunning brick feature wall, adding a touch of character and warmth to the modern interior. The neutral tones throughout the apartment enhance its serene and welcoming feel, providing a perfect backdrop for your own personal style.

The kitchen is sleek and contemporary, fully equipped with modern appliances and plenty of counter space, making it a perfect space for both preparing meals and entertaining guests. Whether youre a seasoned chef or simply enjoy cooking, the kitchen offers the functionality and style you need.

The two bedrooms are both wonderfully peaceful, offering ample space for relaxation. The master bedroom is particularly roomy and provides a calm retreat, while the second bedroom is equally well-proportioned and versatile, whether used as a guest room, home office, or studio. Each room is designed with comfort and tranquility in mind, ensuring a restful nights sleep.

The bathroom continues the modern theme with sleek, high-quality fixtures and fittings. The clean, minimalistic design ensures the space feels fresh and contemporary.

One of the standout features of this property is the allocated off-street parking space, which provides the utmost convenience and security, particularly in a town like Macclesfield where parking can sometimes be a challenge.

Living in Macclesfield offers a fantastic blend of convenience, community, and natural beauty. The town is renowned for its welcoming atmosphere and offers a great variety of shops, restaurants, and amenities, all within easy reach. Take a stroll to local cafes, boutiques, and larger shopping outlets, all just a short walk from your front door. For those who enjoy spending time outdoors, there are several green spaces in the area, such as South Park, as well as the etheral Macclesfield Forest being just a short drive away, providing the perfect escape for walks, jogging, or simply enjoying nature.

Macclesfield is also well-connected, with excellent transport links to Manchester and beyond. The nearby Macclesfield Train Station provides regular direct services into Manchester, making it an ideal location for commuters or those who enjoy easy access to the city. Whether youre heading into Manchester for work or leisure, the journey is quick and stress-free.

With all these benefits and a wonderfully finished apartment in a prime location, this property offers the perfect opportunity for both homeowners and investors alike. The combination of style, practicality, and location makes it an ideal place to call home or a fantastic addition to your property portfolio.

Dont miss out on the chance to view this fantastic apartment. Contact us today to arrange a viewing and experience all that Birch House has to offer!

Service Charge: 169.97 per month.

The impressive Birch House is an elegant building in Bridge Street on the corner of Waterloo Street West and has had a varied history. It has in many ways contributed to the life of Macclesfield. The date of construction is unknown but the first reference comes in the 1841 Census. Part of the building was occupied by Thomas Brodrick, a silk manufacturer and a man with some power in the area. One half of the Birch House building was a girls boarding school the school remained until 1893 when it was sold, we believe, as a Private residence. In 1909 the property was again sold or leased to members of the socialist movement in Macclesfield. In 1929 the name of the building was changed to the William Pimblott Memorial Hall after the man who had founded the political labour movement in Macclesfield in the 1893. It remained in Williams hands until after the second world war. Since then it has served a variety of functions. Such is the standard of the recent conversion, Birch House has now been nominated for an award in the North West LABC awards 2020, under the category as best use of an existing building.

Map location is not available for this property.

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 173200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 5500
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 8200
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

£

Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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