Park Lane, Macclesfield
JO

Park Lane, Macclesfield

By Jordan Fishwick

£ 375,000

Reviews

3 out of 5 stars

Jordan Fishwick says ..

** NO ONWARD CHAIN ** A substantial period property full of character and charm and retains many period features such as high ceilings, corbel, cornices and deep skirting boards. Although the property is in need of some modernisation this is an ideal opportunity for those looking to invest and "...

Property Oracle says ..

This three-bedroom property located on Park Lane, Macclesfield offers a blend of potential and challenges. The location is a strong point, with proximity to the town centre, train station, and several schools of varying Ofsted ratings. The street itself contains other properties of similar value. The exterior of the property appears well-maintained, and the presence of a garden is a plus. However, the interior images reveal a property in need of significant modernisation. The décor is dated, carpets and furnishings are worn, and many areas require renovation work. The kitchen and bathroom are in need of an update. While the list price of £375,000 needs to be considered in the context of the required renovations, the location generally supports this pricing, and the presence of a garden adds value. Overall, this property is a good investment opportunity for buyers seeking a renovation project in a desirable Macclesfield location. The property needs updating to meet current standards and improve value. Further investigation is needed to determine the precise cost of the required renovation. Buyers should be aware of potentially hidden issues and factor in costs for repairs and modernisation before committing to a purchase.

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
4
Location
7
Land
6
Bedrooms
3
Bathrooms
1
Sqft (est)
1,100.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
210,271.00 £
Decreased by 14.93 %
from 247,178.00 £
Est sale value
309,100.00 £
Decreased by 18.31 %
from 378,400.00 £
Average area rental value
860.00 £/mo
Increased by 2.99 %
from 835.00 £/mo
Est letting value
1,100.00 £/mo
Unchanged by 0.00 %
from 1,100.00 £/mo
Est rental Yield
4.91 %
Increased by 21.23 %
from 4.05 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Jordan Fishwick marked this listing as sold.

  • Jordan Fishwick created the listing.

Nearby Schools

NameTypeOfstedDistance
The Macclesfield AcademyAcademy Sponsor LedRequires improvement0.45 KM
Parkroyal Community SchoolAcademy ConverterGood0.52 KM
Macclesfield CollegeFurther EducationGood0.54 KM
The Fermain AcademyFree Schools Alternative ProvisionOutstanding0.66 KM
Park Lane SchoolCommunity Special SchoolRequires improvement0.71 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Woodside Drive £ 000.00 KM
Armoury Court £ 182,46700.00 KM
Ryle's Close £ 598,95000.00 KM
Western Drive £ 400,00000.00 KM
Oxford Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Macclesfield2871MAC1.49 KM
Prestbury2875PRB4.65 KM
Adlington (Cheshire)2939ADC7.38 KM

Nearby Listings

AddressPriceTypeScoreDistance
Park Lane, Macclesfield £ 375,000BUY6 / 100.00 KM
Park Lane, Macclesfield, Cheshire, SK11 £ 170,000BUY5 / 100.11 KM
Bond Street, MACCLESFIELD £ 120,000BUY4 / 100.11 KM
Peter Street, Macclesfield £ 319,950BUY6 / 100.12 KM
Bond Street, Macclesfield £ 187,500BUY5 / 100.12 KM

Nearby Properties

AddressPriceDistance
333 Park Lane £ 394,9500.01 KM
269 Park Lane £ 398,5000.01 KM
4 Lynn Grove £ 151,0000.04 KM
3 Lynn Grove £ 182,5000.04 KM
26 Slater Street £ 230,0000.07 KM