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2 bed house for sale Water Street, Macclesfield

Asking price
£149,950
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Added two days ago

Type
House
Bedrooms
2
Tenure
Leasehold

About this property

Situated on Water Street, in the heart of Macclesfield, this two-bedroom terraced property occupies a highly sought-after location, ideal for those looking to live close to the town centre and its range of amenities, as well as commuters travelling further afield. The property would make an excellent purchase for first-time buyers looking to get onto the property ladder or investors seeking a buy-to-let opportunity. Having previously been let for an extended period, it also demonstrates its appeal within the rental market.

Floorplan

Council tax

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Location

Water Street, Macclesfield

Mortgage and stamp duty

Property price £149,950
£74k £225k
Deposit10% £15,000
£0 £150k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £134,950 mortgage. Most lenders would want a household income of about £30,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Area insights

The neighbourhood around this property.

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