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Rainow Road, Macclesfield

North West

£275,000
Listed on 03/11/2025

Property Details

Bedrooms
1
Type
Detached house
Area
1121 sqft

Description

This detached bungalow presents an intriguing renovation project situated adjacent to open fields, offering both a peaceful retreat and proximity to Macclesfield town centre. The property's location provides easy access to local amenities, schools, and transportation links, making it a strategic investment opportunity for those looking to enhance or redevelop. The accommodation is laid out over two levels, beginning with a welcoming entrance vestibule that leads into the lounge. This space features an open fire and French doors that open into a conservatory, allowing for natural light and picturesque views of the surrounding landscape. The kitchen is equipped with fitted units, essential appliances, and offers ample room for customization. Two bedrooms provide flexibility in living arrangements. The first bedroom includes fitted wardrobes and additional storage options. On the lower ground floor, you'll find a separate living area with its own kitchen and shower room, which could serve as an annexe or guest suite depending on your needs. Outdoors, the property boasts a deep block-paved driveway affording plenty of parking space alongside a detached garage. A manageable garden area with established borders sits at the rear, offering potential for landscaping or enhancement. With its potential for modernization and extension (subject to planning approval), this bungalow could be transformed into a contemporary home tailored to personal taste or serve as an investment property in a desirable location. Macclesfield's comprehensive shopping facilities and transport connections—including quick access to the motorway network and direct rail links to cities like London and Manchester—enhance this property’s appeal as both a home and an investment opportunity.

Investment Analysis

(SK10 area)

Below Market Value

This property is priced -29.1% below area average per sq ft

-29.1%
Potential saving
This Property
£245/sq ft
Area Average
£346/sq ft
Avg Rent (weekly)
£311
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£426,529
10% above area average per sq ft
Potential ROI
+16.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Rainow Road, Macclesfield
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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
£1,007
Based on a loan of £206,250 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