Islington Road, Stockport, Greater Manchester, SK2
- PROPERTY TYPE
Semi-Detached
- BEDROOMS
2
- BATHROOMS
1
- 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.
Freehold
Key features
- Buy-to-let property investment
- Being sold with the current tenant in situ who's current contract runs till December
- Current rental income of £985pcm, potential rental income of £1,200pcm
- Close to Stepping Hill Hospital
- Popular residential location
- Fantastic appreciation on both rental and property value
Description
Property Overview
- Tenure: Freehold
- Accommodation: Two bedrooms, semi-detached, with a modernised kitchen extension
- Energy Efficiency: Current EPC rating E. Since the inspection, a new boiler has been installed, and the kitchen extension roof has been redone with added insulation. These upgrades suggest that the EPC rating would likely increase; the landlord is open to commissioning a new EPC at the buyer's request.
- Income Potential: Currently let at £985 pcm, with tenancy ending December 2025. Market comparable suggests achievable rent up to £1,200 pcm
Investment Returns
Metric Current Projected
Annual Rental Income £11,820 £14,400
Gross Yield* (guide) 5.0% 6.12%
* Based on a guide value-Stockport average sale price around £299,000 to £301,000 (Feb-Apr 2025)
Property Management - A 'Hands-Free' Investment
Pure Investor offers a fully comprehensive lettings and property management service for investors throughout Greater Manchester, and as such would be able to offer investors a fully managed, hands-free investment solution. As of today, we fully manage over 150 properties throughout the region, allowing our investors the opportunity to capitalise on the high rental demand throughout Greater Manchester.
Summary
59 Islington Road presents a compelling freehold opportunity in a high-growth town:
* Immediate and projected strong rental returns
* Energy upgrades enhance value and efficiency
* Located in one of the UK's fastest-transforming towns
* Sub-£300k entry point into a booming market
* Excellent connectivity and community lifestyle
An investor could benefit from both robust income yield and notable capital appreciation, especially if capturing the rent uplift and new EPC.
- 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.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- 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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Energy performance certificate - ask agent
Islington Road, Stockport, Greater Manchester, SK2
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Visit our security centre to find out moreDisclaimer - Property reference Islington-Road-Stockport. 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 Pure, 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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