Block of Apartments

River Street, Congleton, CW12 1HJ

Size: 294 sqm

Purchase price

£360,000

Size: 294 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £22,880
Net income £20,880
Gross yield 6.36%
Net yield 5.80%

EXCELLENT BLOCK OF FOUR SELF CONTAINED TWO BEDROOM APARTMENTS - ALL FOUR APARTMENTS ALREADY TENANTED! Beautifully presented block of apartments situated in the heart of Congleton, enquire today to avoid disappointment.


This tenanted apartment block is made up of four self contained flats, all of which contain; two double bedrooms with a double glazed window in each; fully fitted kitchens with all appliances included; a three piece family bathroom and a spacious lounge with double glazed windows. All apartments also come with allocated parking and secure entry systems.

According to Zoopla house prices stats, in the last three months (since October 2019) there has been a rise of 1.50% since 12 months ago. In terms of property types, flats in Congleton sold for an average of £145,117 and terraced houses for £159,550. Being just a 20 minute journey from Macclesfield, this property really is set in an ideal location.

According to figures produced by the Land Registry the average price of property sold in Macclesfield over the past year stands at £227,581, during the last year, house prices in Macclesfield were similar to the previous year but those who managed to buy in 2015 have seen a 16 per cent rise in the values of their properties.

It would appear that, the growing demand from first time buyers and young professionals leading to more investment in the town’s infrastructure and leisure facilities.

Interested in this property? Enquire today for more information

Key features

Key features

Block of apartments

Key features

Allocated parking

Key features

Freehold

Key features

All fully tenanted

Key features

Excellent location

Key features

Great transport links

Key features

Shops, bars and amenities nearby

Key features

20 minutes from Macclesfield

Key features

Freehold

EXCELLENT BLOCK OF FOUR SELF CONTAINED TWO BEDROOM APARTMENTS - ALL FOUR APARTMENTS ALREADY TENANTED! Beautifully presented block of apartments situated in the heart of Congleton, enquire today to avoid disappointment. More info...

This tenanted apartment block is made up of four self contained flats, all of which contain; two double bedrooms with a double glazed window in each; fully fitted kitchens with all appliances included; a three piece family bathroom and a spacious lounge with double glazed windows. All apartments also come with allocated parking and secure entry systems.

According to Zoopla house prices stats, in the last three months (since October 2019) there has been a rise of 1.50% since 12 months ago. In terms of property types, flats in Congleton sold for an average of £145,117 and terraced houses for £159,550. Being just a 20 minute journey from Macclesfield, this property really is set in an ideal location.

According to figures produced by the Land Registry the average price of property sold in Macclesfield over the past year stands at £227,581, during the last year, house prices in Macclesfield were similar to the previous year but those who managed to buy in 2015 have seen a 16 per cent rise in the values of their properties.

It would appear that, the growing demand from first time buyers and young professionals leading to more investment in the town’s infrastructure and leisure facilities.

  • Key features
    Tick Desktop Block of apartments
    Tick Desktop Allocated parking
    Tick Desktop Freehold
    Tick Desktop All fully tenanted
    Tick Desktop Excellent location
    Tick Desktop Great transport links
    Tick Desktop Shops, bars and amenities nearby
    Tick Desktop 20 minutes from Macclesfield
    Key features

    Freehold

  • LocationLocation

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £22,880
Net income £20,880
Gross yield 6.36%
Net yield 5.80%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.