Nelson Street, Macclesfield, Cheshire, SK11
- PROPERTY TYPE
Terraced
- BEDROOMS
4
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Four bedroom HMO property split over two floors
- Currently generating a gross income of £24,660 however the owner has confirmed this will be upped to £26,460 before a deal completes
- Gross yield of 9.8% & a net yield of 8.1%
- Due to being a four bed in Macclesfield there is currently no need for a HMO licence
- Renovated previously to bring in line with HMO standards
- Popular Macclesfield location
Description
Nelson Street, Macclesfield, SK11 6UN
Guide Price: £270,000
Property Overview
A ready-made, income-producing 4-bedroom HMO located in the centre of Macclesfield, SK11. This property offers a stable rental stream with 100% occupancy, low operating costs, and no requirement for an HMO licence, making it an ideal low-maintenance, high-return investment.
With a confirmed rent increase taking effect prior to completion, the incoming purchaser will benefit from enhanced yields and strong long-term rental prospects in a high-demand area.
Income & Yield Performance
Current Rental Income
£24,660 per annum
Gross Yield: 9.13%
Confirmed Increased Rental Income (Before Completion)
£26,460 per annum
Gross Yield: 9.8%
Outgoings
Gas & Electricity: £165 per month (£1,980/yr)
Internet: £25 per month (£300/yr)
Council Tax: £1,672 per annum
TV Licence: £170 per annum
Water: £43.50 per month (£522/yr)
Total Annual Operating Costs: £4,644
Net Yield (Based on Increased Income)
Projected Net Income:
£26,460 - £4,644 = £21,816 per annum
Net Yield: 8.1%
This places the property among the stronger yielding HMOs in the North West market, especially considering the stability of the area and the absence of licensing costs.
Why Invest in Macclesfield?
Macclesfield has become a magnet for professional tenants due to its strong employment base and excellent transport connections. Key advantages include:
Direct rail links to Manchester, Stockport, and London
Proximity to AstraZeneca, Macclesfield Hospital, major retail employers, and a growing technology and service sector
Consistently strong tenant demand for room-by-room accommodation
Excellent town-centre position with shops, transit, and amenities moments away
The combination of affordability for tenants and strong local wages makes Macclesfield a particularly strong HMO market with low void periods and consistent rental pressure.
Investment Highlights
Fully tenanted with reliable occupants
Rent increases confirmed prior to sale
Strong 9.8% gross and 8.1% net yields
No HMO licence required
Stable cashflow with modest outgoings
Turnkey investment ready for immediate income
High-demand location with consistent rental uplift
Summary
Nelson Street represents a robust investment opportunity combining strong yields, low management complexity, and excellent market fundamentals. This investment is ideally suited to both established HMO investors and those looking to enter the market with a reliable, pre-stabilised asset.
- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Nelson Street, Macclesfield, Cheshire, SK11
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Visit our security centre to find out moreDisclaimer - Property reference Nelson-Street-Macclesfield. 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 Pure, Manchester. 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.
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