>
1 bedroom apartment for sale
Dorchester Apartments, Lee Street, SK1
£115,000
Dorchester Apartments, Lee Street, SK1
£115,000
Our Summary
- 0% Net YieldHomeDaze Estate Agents are delighted to offer to the market this superb top-floor one-bedroom apartment located within the popular Dorchester Apartments, SK1 — an ideal turnkey investment opportunity with a tenant already in place
Description
This top-floor one-bedroom apartment in the popular Dorchester Apartments, SK1, is a fantastic buy-to-let investment opportunity with a tenant already in place. The modern apartment features a bright open-plan kitchen and living area, a spacious double bedroom, and a stylish bathroom, and benefits from lift access. Located close to Stockport Town Centre, the property offers easy access to shops, restaurants, and excellent transport links. With an asking price of £115,000, the current rent is £825 per month (£9,900 per annum), and the service charge is £706 per annum, resulting in an approximate net income of £9,194 per annum and a net yield of 8.0%. This property offers immediate rental income and a solid return, making it perfect for buy-to-let investors seeking a hands-free investment in a high-demand rental area.