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Rainow Road, Macclesfield

North West

£250,000
Listed on 02/11/2025

Property Details

Bedrooms
1
Type
Detached Bungalow
Area
1121 sqft

Description

This detached bungalow presents a rare investment opportunity right next to expansive open fields and just a short distance from the town centre of Macclesfield. Currently in need of comprehensive renovation, this property offers substantial potential for those looking to create their dream home or undertake a redevelopment project, subject to planning approval. The layout features an entrance vestibule leading into a spacious lounge equipped with an open fire and French doors that open up to a conservatory showcasing beautiful views. A fitted kitchen, complete with essential appliances, extends the living space further. The ground floor also includes a double bedroom with built-in wardrobes and a bathroom/WC. The lower ground floor consists of an annexe featuring another kitchen, bedroom, and shower room which could serve numerous functional purposes. Outside, the property benefits from ample hardstanding for vehicles alongside a detached garage and manageable gardens that offer scope for landscaping. With easy access to local amenities and transport links including motorway access and rail services to major cities, this bungalow is ideally situated for both personal or rental investment.

Investment Analysis

(SK10 area)

Below Market Value

This property is priced -36.5% below area average per sq ft

-36.5%
Potential saving
This Property
£223/sq ft
Area Average
£351/sq ft
Avg Rent (weekly)
£323
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£433,126
10% above area average per sq ft
Potential ROI
+27.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
64
Average per month
Market Turnover
54%
Properties sold annually

Local Market Trend (SK10)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +6.5%
5 year growth: +11.6%
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

Rainow Road, Macclesfield
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 over 30 years at 4.06% 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.

Price History

-9.1% since listed
£250,000£25,000(-9.1%)
23/01/2026
Current price
£275,000Initial listing
02/11/2025

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