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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 14/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1760 sqft

Description

Festivals House presents a remarkable chance to transform a substantial detached office building into a charming residential home in the desirable Park Lane area of Macclesfield. With planning permission applied for conversion (Planning Reference Pp-14393582), this property is poised for a creative overhaul to become a modern living space. The building boasts generous dimensions over two floors, featuring high ceilings and large windows that invite an abundance of natural light, setting the stage for elegant interior design. The expansive cellar provides unique opportunities for additional living space or recreational amenities such as a gym or cinema, pending necessary approvals. Moreover, rooftop access offers stunning views across the local landscape, enhancing the appeal of outdoor relaxation. The property also includes a quaint rear garden, perfect for personal or family enjoyment, which could be easily integrated with newly designed internal spaces through additional doors or glazed screens. Located within proximity to essential amenities and scenic parks in Macclesfield, Festivals House is not just about renovation potential; it's about creating an enviable lifestyle that balances comfort and community engagement in this vibrant neighbourhood.

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
£75,000 - £125,000
Target Value
£579,542
10% above area average per sq ft
Potential ROI
+50.5%
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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