Bridge Street, Macclesfield, Cheshire, SK11

11A - 11C Bridge Street is a fantastic longstanding mixed use investment opportunity. Split between a commercial unit currently being used as a hairdressing salon on the ground floor and a three flats on the ground floor, first floor and upper floor.

The three flats are all in fantastic condition and finished to a high spec but there is potential to improve the property - adding value by increasing the rents or changing the commercial element to a different business.

In total there are 4 bedrooms; 1 x 2-bedroom flat and 2 x 1-bedroom flats. Though the properties are on separate titles, they are to be sold in this instance as one package making it an impressive and convenient investment opportunity, with the option to sell them individually in the future.

Based on 75% LTV with a 5% interest rate and taking buying costs into account (including the buyers fee) the projected cashflow for 2024/25 is approx. £1,082 & ROI of 9.3% present a very strong and appealing investment proposition especially when coupled with the condition of the property.

The property is located on Bridge Street which is a quiet residential street within close proximity of the town centre which offers a number of local amenities, bars, cafes and supermarkets.

The commercial unit is strategically positioned in a visible and sought-after location. This long-established and reputable hairdressing salon presents a rare opportunity to acquire a proven income-generating asset.

Successfully operating for over 15 years, the salon enjoys strong brand recognition, loyal clientele, and consistent foot traffic - all of which contribute to its enduring commercial success and make it a standout addition to any property portfolio.

The property is currently let on a six-year lease offering a secure and professionally managed stream of passive income. This arrangement provides added flexibility and long-term investment stability.

Importantly, a scheduled rent review is expected to increase monthly rental income from £450 to a competitive £750, further enhancing yield potential and capitalising on the property's strong market positioning.

Positioned above the commercial unit, this well-maintained two-bedroom first-floor flat features an open-plan living/kitchen area and a modern bathroom.

Located behind the commercial unit, off the main
road, this ground-floor flat has been developed to
very high standards, with an open-plan living room
and kitchen, x1 bedroom, and bathroom.

The upper-floor one-bedroom flat offers privacy, comfort, and strong rental appeal. The open layout includes a spacious living/kitchen area, double bedroom, and modern shower room.

Two private parking space adds convenience and boosts tenant demand - making this a smart, high-return investment.

The 2-bed flat has enjoyed continuous occupancy since 2019, generating £650pcm. With local market rents increasing, ranging from £850 - £1,000pcm, there's clear upside potential.

Benefits include gas central heating, double glazing, and a professional-only, no-pets policy, ensuring long-term tenant appeal. A hassle-free, high-demand property - an ideal buy-to-let addition to any portfolio.

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Buyers premium of 2.5% + VAT - payable in two parts:
- A non-refundable reservation fee of £1,500 plus VAT or 25% + VAT (whichever is higher)
- The balance is due upon legal completion (which is collected and paid by the buyers solicitor).