Boden Street, Macclesfield, Cheshire

- PROPERTY TYPE
Block of Apartments
- BEDROOMS
9
- BATHROOMS
9
- SIZE
Ask agent
Key features
- Secure Investment: 9 modern 1-bed apartments on a 10-year FRI lease, ensuring tenant covers all property-related expenses.
- Strong Annual Income: Generates a gross annual income of £94,680, offering consistent and reliable returns.
- Attractive Yield: Achieves a gross yield of 8.23%, combining low landlord involvement with high profitability.
- Prime Location: Situated in Macclesfield, a thriving market town with a diverse economy and strong demand for rental properties.
- Economic Strength: Major employers like AstraZeneca and a growing digital/tech sector support employment and tenant demand.
- Excellent Transport Links: Fast rail connections to Manchester (20 minutes) and London Euston (1 hour 40 minutes), plus easy road access via A534, A523, and M6.
- Regeneration Potential: Ongoing town centre improvements and new commercial/residential developments enhance long-term growth prospects.
- Low-Risk Opportunity: Supported living provider guarantees stable rental income with minimal landlord involvement, making it ideal for hands-off investors.
Description
Address: Boden Street, Macclesfield, SK11 6LL
Property Type: 9 1-bed Apartments
Lease: 10-Year FRI Lease (Full Repairing and Insuring)
Tenant Type: Supported Living
Investment Overview
Macclesfield, a thriving market town in Cheshire, presents a unique and attractive investment opportunity for property investors seeking stable and consistent returns. The property at Boden Street comprises 9 modern 1-bed apartments on a secure 10-year FRI lease, offering peace of mind for landlords as the tenant assumes responsibility for all property-related expenses, including maintenance and utilities. This property provides reliable income with minimal landlord involvement, making it a low-risk, high-yield investment.
Prime Location and Economic Strength
Macclesfield, a historic market town in Cheshire, boasts a robust and diverse economy, making it a highly attractive location for both tenants and investors. Known for its strong employment opportunities, the town is home to major employers such as AstraZeneca, which operates a significant research and development centre, alongside a growing digital and technology sector. Its proximity to Manchester further enhances its appeal, offering an affordable and peaceful alternative for professionals seeking a quieter lifestyle while maintaining easy access to the city’s employment opportunities. Ongoing regeneration projects, including improvements to the town centre and the introduction of new residential and commercial spaces, are helping to strengthen Macclesfield’s economic outlook and ensure sustained demand for rental properties.
Excellent Transport Connectivity
The property at Boden Street benefits from Macclesfield’s outstanding transport links, which make it a highly convenient location for tenants. Macclesfield railway station provides fast and direct services to major destinations, including Manchester in just 20 minutes and London Euston in under 1 hour and 40 minutes, making it ideal for daily commuters. In addition, the town enjoys excellent road connectivity, with the A534, A523, and the M6 motorway providing access to the wider Cheshire region and beyond. Local bus routes ensure reliable travel within the town and nearby areas, offering further convenience for residents. This combination of rail, road, and local transport options makes Macclesfield an ideal location for professionals and families alike.
Financial Summary:
Monthly Income: £7,890
Gross Annual Income: £94,680
Gross Yield: 8.23% (calculated as Gross Annual Income / Sale Price)
Lease Details:
Term: 10-Year Full Repairing and Insuring (FRI) Lease starting 2020
Rent Review: Annually
Tenant Responsibility: All property-related expenses, including maintenance, repairs, and utilities
Conclusion
The property at Boden Street, Macclesfield represents an exceptional investment opportunity in a growing, well-connected town. With secure income from a supported living provider on a 10-year FRI lease and minimal landlord involvement, this property offers a strong yield and long-term stability, making it ideal for investors seeking a low-maintenance, high-return addition to their portfolio.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Boden Street, Macclesfield, Cheshire
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Your mortgage
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference XFG-48154029. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by HMOX Ltd, Bournemouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.