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Clarence Mill, Clarence Road, Bollington - Image 1
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Clarence Mill, Clarence Road, Bollington

North West

£270,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Flat
Area
1744 sqft

Description

Presenting an intriguing opportunity to acquire a two-bedroom duplex apartment within the historic Clarence Mill, a Grade II listed building that dates back to the early 19th century. This former cotton spinning mill, once bustling with industrial activity, offers a unique blend of historical charm and modern living potential. Located on the second floor, this corner unit spans approximately 1400 sq ft and benefits from abundant natural light through its large hardwood double-glazed windows. The exposed red brickwork adds to the character of the space, while picturesque countryside views enhance its appeal. The apartment features a spacious entrance hall leading into an open-plan living kitchen-dining area, ideal for both comfort and entertaining. With a main bedroom that includes an en-suite and another bathroom for guests, the layout is both practical and inviting. A distinctive mezzanine deck above presents creative possibilities for use as an office or additional living area. Although currently presented in a condition requiring modernisation, this property’s potential is vast. Electric heating ensures year-round comfort, while on-site amenities such as a multi-storey car park and concierge services add further convenience. Residents can enjoy proximity to local shops and serene waterside walks by accessing the canal via a recently constructed link bridge. This apartment is more than just a home; it represents a chance to invest in a piece of local history while tailoring the interior to personal tastes and preferences.

Investment Analysis

(SK10 area)

Below Market Value

This property is priced -55.2% below area average per sq ft

-55.2%
Potential saving
This Property
£155/sq ft
Area Average
£346/sq ft
Avg Rent (weekly)
£311
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£663,575
10% above area average per sq ft
Potential ROI
+114.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (SK10)

Area prices are stable by +0.9% over the last 12 months
3 year growth: 3.9%
5 year growth: 14.5%
Investment Disclaimer: Analysis based on SK10 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Clarence Mill, Clarence Road, Bollington
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£989
Based on a loan of £202,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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