Mellor Road, Cheadle Hulme, Cheadle, SK8 5AU
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
4
- BATHROOMS
2
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Prime central location
- Two stylish short-term rental apartments
- Well established commercial unit
- Excellent rental yield
- Fully furnished
- Generate immediate income
- Experienced management in place
- Low maintenance, hands-off investment
Description
yieldit are delighted to offer a rare chance to acquire a high-performing mixed-use property in the heart of Cheadle Hulme. This well-positioned asset comprises a fully tenanted commercial unit on the ground floor and two modern, fully managed short-term rental apartments above — all generating strong, consistent returns.
Currently producing an impressive income of nearly £80,000 per annum, the property offers a 9% NET yield at the asking price, making it a standout turnkey investment in a sought-after South Manchester location.
The freehold block consists of a stylish studio loft apartment and a spacious three bedroom apartment, both operated as short term lets with experienced management in place. The commercial unit is tenanted for another 4 years with a well established tenant.
Externally, the property benefits from a low maintenance garden and off-road parking for up to 6 cars, enhancing its appeal to guests and tenants alike.
With its combination of stable commercial income and lucrative short-term rental performance, Mellor Road presents an exceptional opportunity for investors seeking a high-yielding, low-hassle asset in a thriving location.
Cheadle Hulme sits in the affluent Stockport borough of Greater Manchester, offering the perfect balance between suburban charm and urban convenience. It’s just 20 minutes from Manchester city centre and Manchester Airport, making it a hotspot for business travellers, tourists, and locals alike.
Financial Breakdown
Gross Rent: £77,648.32
Net income: £42,337.27
Gross yield: 12.94%
Net yield: 7.06%
Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-08119
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Mellor Road, Cheadle Hulme, Cheadle, SK8 5AU
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Visit our security centre to find out moreDisclaimer - Property reference YL-08119. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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