HMO Sales Expert says ..

Property Oracle says ..

This property is a block of nine modern one-bedroom apartments located on Boden Street in Macclesfield, Cheshire. The listing highlights its status as a secure investment opportunity, emphasizing the high annual rental income generated from a 10-year FRI lease. The apartments appear to be newly renovated or recently built, offering modern fixtures and finishes. The location is near Macclesfield train station, providing convenient access to transport links and also within reasonable proximity to major employers such as AstraZeneca. This proximity to employment centers and transport significantly increases the appeal to potential tenants and is a key aspect of the investment value. While the location is reasonably central in Macclesfield, the lack of information regarding amenities immediately surrounding the building prevents further assessment of the location’s attractiveness. The absence of any meaningful land is a key factor; this is a multi-unit investment property, and should be valued accordingly. The asking price of £1,150,000 appears relatively high for this property type, especially considering the very limited outdoor space, but reflects the current rental yields and demand for investment properties in the area. Potential buyers should undertake comprehensive due diligence into the market conditions before proceeding with an offer.

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

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