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1 bedroom flat for sale
John Street, Stockport, SK1
£86,000
John Street, Stockport, SK1
£86,000
Our Summary
- *Investors Only - Tenanted Buy-to-Let Opportunity*Being sold via modern method of auction, a well presented and spacious one bedroom aparment in the popular Archer House development, conveniently located in central Stockport within close proximity to local transport links and amenities
- Making for a great investment opportunity with an 8% Gross Yield
- Service Charge - £1600 per annumGround Rent - £419 per annumLeasehold - 216 years remaining --------------------------------------------------This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period")
- Being sold by Modern Method of Auction
- Investment Opportunity
Description
This is a tenanted buy-to-let opportunity in central Stockport, available for investors only. The one-bedroom apartment in the Archer House development is currently rented out on a fixed-term agreement until February 2026, generating a rental income of £700 per month. With an 8% Gross Yield, this presents a lucrative investment opportunity. The property features a spacious open-plan lounge with integrated kitchen, large double bedroom, three-piece bathroom suite, and ample storage space. With a leasehold of 216 years remaining, the property also comes with a service charge of £1,600 per annum and ground rent of £419 per annum. The sale is being conducted through the modern method of auction, with the buyer and seller required to complete within 56 days.