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Park Lane, Macclesfield, Cheshire, SK11 - Image 1
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Park Lane, Macclesfield, Cheshire, SK11

North West

£260,000
Listed on 23/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1760 sqft

Description

Festivals House presents a compelling opportunity for those looking to create a bespoke residential property in Macclesfield. This distinguished detached office building, previously used as a charity space, comes with planning permission applied for conversion into a modern home (Planning Reference: PP-14393582). Nestled within charming period streets and green corridors, the property boasts substantial dimensions and an adaptable layout spread across two spacious floors, supplemented by an impressive cellar that offers significant potential for additional living areas or recreational spaces. The property’s exterior conveys an inviting curb appeal, set back from the road while still being integrated into a friendly neighborhood. Inside, high ceilings and large windows enhance the sense of space and light, providing an ideal foundation for reimagining the interiors into stylish living quarters, including bedrooms and open-plan social spaces. The expansive cellar can be transformed into various uses like a gym or cinema room, adding to the property's versatility and value. Externally, a quaint garden at the rear creates a private retreat suited for various outdoor activities or landscaping possibilities. The already robust infrastructure from its previous usage means essential services are ready to transition smoothly to residential living. Situated on Park Lane, residents will enjoy not only the tranquility of the area but also easy access to local amenities such as shops, cafes, and schools which contribute to a well-rounded lifestyle. Proximity to parks and walking trails further enhances its appeal for families or individuals who appreciate nature yet desire urban conveniences. Festivals House is not just a property; it represents an opportunity for strategic investment in a sought-after locale where one can craft a unique home with ample character and charm.

Investment Analysis

(SK11 area)

Below Market Value

This property is priced -50.7% below area average per sq ft

-50.7%
Potential saving
This Property
£148/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£251
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£579,542
10% above area average per sq ft
Potential ROI
+61.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (SK11)

Area prices are stable by +0.9% over the last 12 months
3 year growth: 15.4%
5 year growth: 14.4%
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

Park Lane, Macclesfield, Cheshire, SK11
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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
£938
Based on a loan of £195,000 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE