6 Penningtons Lane, Macclesfield
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6 Penningtons Lane, Macclesfield

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We have confidence in this estimated current valuation Updated recently
£227,500
Or £1,479 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Sep 15, 2020
£170,000

Property Description

Data accuracy has been partially verified for this property. More info on modelled data points below.

Our analysis

Welcome to 6 Penningtons Lane, Macclesfield, a cozy and compact detached type home with 2 bed in the SK11 7US area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band D.

This classic property was built The local area is known for its high value-to-quality ratio - with a market valuation of £227,500 and a rental potential of £1,479 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Sep 15, 2020. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

"*** 360 VIRTUAL VIEWING available *** PROCEEDABLE BUYERS ONLY TO APPLY.
Well located on the pretty grass verged Penningtons Lane, this DETACHED BUNGALOW is offered for sale with NO VENDOR CHAIN INVOLVED and WOULD BENEFIT FROM A FULL PROGRAMME OF MODERNISATION.

Having gas central heating and partial UPVC double glazing, the accommodation comprises in brief: Entrance porch, hallway, two double bedrooms, a living room which is open plan to the dining room, a lean to garden room/ conservatory, a kitchen and bathroom. Externally there is a a lovely mature lawned garden to the rear, a front lawn, driveway and GARAGE.

The property is located a short walk from nearby shops, and is in easy reach of bus routes, with the town centre and train station being approximately 1.7 miles away.

We believe the property provides a great opportunity for redevelopment/ modernising and personalising to your own taste and specification. EPC Grade D.

FOR SALE BY MODERN METHOD OF AUCTION, STARTING BID: £170,000 + RESERVATION FEE. This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the buyer to exchange contracts immediately; however, from the date the draft contract for sale is received by the Buyer‘s solicitor, the buyer has 56 DAYS in which to complete the transaction; whilst using every endeavour to exchange contracts within the first 28 days. Allowing the additional time to exchange contracts means interested parties can proceed with traditional residential finance. Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of. A non-refundable Reservation Fee of 4.2% of the final agreed sale price including VAT - this is subject to a minimum of 6,000.00 including VAT - which reserves the property from sale by securing the transaction and takes the property off the market. The Reservation Fee is paid in addition to the final negotiated selling price. A non-refundable Buyer Information Pack fee of 200.00 including VAT towards the preparation cost of the pack, if the Buyer Information Pack has been produced and provided by IAM Sold. The Documents in the pack can then be used by your solicitor during the conveyancing stage of the purchase. It is recommended that you view the Buyer Information Pack before agreeing to your purchase. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification for this must be sought from your legal representative. The buyer will be required to sign a Reservation Agreement to confirm acceptance of the terms prior to solicitors being instructed. A sample copy of the Reservation Agreement and all terms and conditions can be found in the Buyer Information Pack, which can be downloaded from the auction section of our website, or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by the North West Property Auction powered by IAM Sold.



Main Description    Well located on the pretty grass verged Penningtons Lane, this DETACHED BUNGALOW is offered for sale with NO VENDOR CHAIN INVOLVED and WOULD BENEFIT FROM A FULL PROGRAMME OF MODERNISATION.

Having gas central heating and partial UPVC double glazing, the accommodation comprises in brief: Entrance porch, hallway, two double bedrooms, a living room which is open plan to the dining room, a lean to garden room/ conservatory, a kitchen and bathroom. Externally there is a a lovely mature lawned garden to the rear, a front lawn, driveway and GARAGE.

The property is located a short walk from nearby shops, and is in easy reach of bus routes, with the town centre and train station being approximately 1.7 miles away.

We believe the property provides a great opportunity for redevelopment/ modernising and personalising to your own taste and specification. EPC Grade D.

Sales Process Details    FOR SALE BY MODERN METHOD OF AUCTION, STARTING BID: £170,000 + RESERVATION FEE. This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the buyer to exchange contracts immediately; however, from the date the draft contract for sale is received by the Buyer‘s solicitor, the buyer has 56 DAYS in which to complete the transaction; whilst using every endeavour to exchange contracts within the first 28 days. Allowing the additional time to exchange contracts means interested parties can proceed with traditional residential finance. Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of. A non-refundable Reservation Fee of 4.2% of the final agreed sale price including VAT - this is subject to a minimum of 6,000.00 including VAT - which reserves the property from sale by securing the transaction and takes the property off the market. The Reservation Fee is paid in addition to the final negotiated selling price. A non-refundable Buyer Information Pack fee of 200.00 including VAT towards the preparation cost of the pack, if the Buyer Information Pack has been produced and provided by IAM Sold. The Documents in the pack can then be used by your solicitor during the conveyancing stage of the purchase. It is recommended that you view the Buyer Information Pack before agreeing to your purchase. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification for this must be sought from your legal representative. The buyer will be required to sign a Reservation Agreement to confirm acceptance of the terms prior to solicitors being instructed. A sample copy of the Reservation Agreement and all terms and conditions can be found in the Buyer Information Pack, which can be downloaded from the auction section of our website, or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by the North West Property Auction powered by IAM Sold.

GROUND FLOOR

Entrance Porch    uPVC double glazed entrance door and windows around. Built in cupboards for storage and the gas/electric meters.

Hallway 9‘ x 4‘ (2.74m x 1.22m). Entrance door. Radiator. Picture rail.

Bedroom One 12‘2"e; (3.7m) max into bay x 11‘8"e; (3.56m). uPVC double glazed bay window to the front aspect. Radiator. Fitted wardrobes.

Bedroom Two 12‘2"e; (3.7m) max into bay x 11‘6"e; (3.5m) max into wardrobes. uPVC double glazed bay window to the front aspect. Radiator. Fitted wardrobes to one wall.

Living Room 15‘9"e; x 10‘3"e; max (4.8m x 3.12m max). uPVC double glazed window to the side. Single glazed windows and single glazed door leading to the garden room. Radiator. Brick fireplace with hearth and real open grate fire.

Garden Room 9‘ x 7‘ (2.74m x 2.13m). Single glazed windows and door leading outside onto the garden. Wall light point.

Dining Room 11‘8"e; x 9‘8"e; max (3.56m x 2.95m max). uPVC double glazed window to the side. Radiator. Built in storage cupboard.

Kitchen 11‘3"e; x 6‘5"e; (3.43m x 1.96m). Base, wall and drawer units with work surface incorporating a stainless steel sink and drainer unit with mixer tap. Integrated four ring hob with oven/grill below. uPVC double glazed window to the rear aspect. uPVC double glazed door to the rear leading outside. Space for washing machine and dishwasher. Radiator.

Bathroom 8‘4"e; x 7‘ (2.54m x 2.13m). WC, wash basin and bath with shower unit over. uPVC double glazed window to the side. Radiator.

Outside    There is a lovely lawned and paved patio garden to the rear. There is a front lawn and gated driveway which runs alongside the bungalow to the detached garage.

DETACHED GARAGE

Directions    From our office proceed down the hill turning right along Sunderland Street. Proceed through the 2nd set of traffic lights into Park Street, over the mini roundabout into Park Lane and at the 2nd set of traffic lights take a left turn into Congleton Road (where the Flower Pot public house is). Proceed along Congleton Road and take the 3rd turning right into Penningtons Lane, where the property can then be identified on the right hand side by our Reeds Rains For Sale board.

Location Maps

Agents Note    We are advised the Council Tax Band is D.



IMPORTANT NOTE TO PURCHASERS:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

MAC200400/5"

Property Data

Data point Compared to road
Tax band D
428 sqm plot

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £1,035 Try Mortgage Tracker
Energy ££600 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Park Lane School
0.2mi
Macclesfield College
0.3mi
Ivy Bank Primary School
0.3mi
The Macclesfield Academy
0.4mi
Ash Grove Academy
0.4mi
Nearby Stations
Macclesfield Station
1.1mi
Prestbury Station
3.1mi
Adlington (Cheshire) Station
5.0mi
Alderley Edge Station
5.5mi
Chelford Station
6.0mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

๐Ÿค”
New Kitchen
This could increase your home value by £15,000
๐Ÿค”
New Bathroom
This could increase your home value by £5,000
๐Ÿค”
Air Conditioning
This could increase your home value by £7,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

๐Ÿ˜€
Strength: High plot size
A large plot with plenty of room
๐Ÿ˜€
Strength: Freehold ownership
This property has the support and stability of full freehold ownership.
๐Ÿ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 6 Penningtons Lane, Macclesfield worth?

    6 Penningtons Lane, Macclesfield is now worth £227,500 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 6 Penningtons Lane, Macclesfield - click click here to get a valuation with no strings attached.

  2. What is the rental value of 6 Penningtons Lane, Macclesfield?

    The current rental valuation for this property is £1,479 per month, within a price range of £1,331 and £1,627.

  3. How many bedrooms does 6 Penningtons Lane, Macclesfield have?

    This property has 2 bedrooms. Search for nearby properties with 2 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 6 Penningtons Lane, Macclesfield?

    Nearby schools in include Park Lane School, Macclesfield College, Ivy Bank Primary School, The Macclesfield Academy, Ash Grove Academy

    Nearby stations in include Macclesfield Station, Prestbury Station, Adlington (Cheshire) Station, Alderley Edge Station, Chelford Station.

  5. What type of property is 6 Penningtons Lane, Macclesfield

    This is a Detached property. There are 30 other Detached properties on PENNINGTONS LANE, and 44 in total.

  6. When was 6 Penningtons Lane, Macclesfield built? How old is 6 Penningtons Lane, Macclesfield?

    6 Penningtons Lane, Macclesfield was was built between .

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Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

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