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Cherryfields Road, Macclesfield, Cheshire

North West

£395,000
Listed on 06/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1195 sqft

Description

Nestled in one of Macclesfield’s desirable residential neighborhoods near Broken Cross, this spacious 1960s family home presents a unique opportunity for buyers looking to invest in a property with significant renovation potential. The layout is both generous and versatile, making it well-suited for families wishing to create a long-term residence tailored to their specific needs. While the home does require modernization, its foundational features offer an excellent canvas for transformation. The ground floor includes a welcoming entrance hallway leading to two expansive reception rooms, providing ample space for relaxation and entertainment. A kitchen adjoins a conservatory that overlooks the garden, allowing for natural light to flood the living areas. Additionally, there's a convenient utility room with direct access to both the garage and the outdoor space, as well as a W.C. enhancing everyday functionality. Upstairs, the property showcases a sizeable landing that connects four well-proportioned bedrooms along with a family bathroom. With thoughtful updates and reconfiguration, these spaces have the potential to be transformed into modern comforts that suit contemporary lifestyles. Externally, the rear garden offers good proportions, perfect for landscaping or establishing recreational areas. The driveway ensures off-road parking is readily available, complemented by an attached garage that adds to overall convenience. This property is ideally located within easy reach of local schools, amenities, and transport links, which enhances its appeal not just as a residence but as an investment opportunity. With the right vision and renovations, this home could be developed into a valuable asset in a sought-after area. Tenure is freehold with chief rent obligations totaling £18.90 annually. Recent maintenance on essential systems like the boiler has been performed within the last year, adding peace of mind for prospective buyers embarking on their renovation journey. This property stands ready for those who wish to embrace its extensive potential while enjoying all the benefits of its prime location.

Investment Analysis

(SK11 area)

Above Market Value

This property is priced +9.6% above area average per sq ft

+9.6%
This Property
£331/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£238
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£396,322
10% above area average per sq ft
Potential ROI
-12.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (SK11)

Area prices are stable by +1.4% over the last 12 months
3 year growth: 15.3%
5 year growth: 15.2%
Investment Disclaimer: Analysis based on SK11 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

Cherryfields Road, Macclesfield, Cheshire
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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
£1,447
Based on a loan of £296,250 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE