Property Information
Address:
Apartments 1-4, 87 Mill Street, Macclesfield, SK11 6NN
, SK11 6NN
Price: Buy: POA
Size: SOA
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH615876
Property Ref/Agent: apartments-1-4-87-mill-street-macclesfield-sk11-6nn-freehold-offers-in-the-region-of-500000
*Please use the agent ref when calling the agent directly.
Property description
Description
FOR SALE
FULLY LET AND WELL PRESENTED
RESIDENTIAL INVESTMENT OPPORTUNITY
APARTMENTS 1-4
87 MILL STREET
MACCLESFIELD SK11 6NN
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.
COSTS:
All figures quoted are exclusive of but may be liable to VAT.
VIEWING:
Strictly by appointment, contact
Chris Stubbs
of
Greenham Commercial
.
4466CJS/AUE/150218
Please contact us if you think we may be able to assist you in connection with any professionally or commercially orientated property matters including lease renewals, rent reviews, Blight/Compulsory Purchase, rating, valuations, surveys, sales and lettings.
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