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Broadstone Road, Reddish, Stockport, SK5

PROPERTY TYPE

Apartment

BEDROOMS

5

BATHROOMS

5

SIZE

1,952 sq ft

181 sq m

TENURE
Describes 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

  • Freehold block of five self-contained apartments
  • Fully let investment producing £51,652.56 per annum (£4,304.38 pcm)
  • Approx. 7.43% gross yield with immediate income stream
  • All units with private entrances and EPC ratings of C
  • Off-road parking to the rear with selected units benefiting from private outdoor space

Description

A rare opportunity to acquire a fully let freehold block of five self-contained apartments, all with private entrances and off-road parking to the rear, offering an immediate income stream with scope for future growth.

The property is currently 100% occupied, generating a combined rental income of £4,304.38 per calendar month (£51652.56 per annum), reflecting a gross yield of approximately 7.43%. All units benefit from EPC ratings of C, supporting long-term ability to let and compliance.

Each apartment has been sensibly configured to maximise rental demand, with well-proportioned accommodation and private outdoor space to selected units.

Accommodation Breakdown

Flat 57 – Ground Floor
Open-plan living/kitchen with skylight
Large double bedroom
Three-piece bathroom suite
Private rear yard
358 sq ft | EPC C

Flat 59 – Ground Floor
Open-plan living/kitchen with skylight
Large double bedroom
Three-piece bathroom suite
Private rear yard
391 sq ft | EPC C

Flat 57A – First Floor
Spacious living room
Kitchen to the rear
Large double bedroom
Three-piece bathroom suite
447 sq ft | EPC C

Flat 59A – First Floor
Spacious living room
Kitchen to the rear
Large double bedroom
Three-piece bathroom suite
414 sq ft | EPC C

Flat 57B – Ground Floor
Open-plan living/kitchen with skylight
Large double bedroom
Three-piece bathroom suite
340 sq ft | EPC C

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.
Band: TBC
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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Broadstone Road, Reddish, Stockport, SK5

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About Philip James Kennedy, Heaton Moor

218, Heaton Moor Road, Stockport, SK4 4DU
Industry affiliations:

Welcome to Philip James Kennedy in Heaton Moor, where we have been successfully selling property in the Heatons since 2000. The area of the Heatons provides a diverse selection of property and therefore remains a popular choice for young professionals and families with excellent leisure facilities and a range of outstanding schools.

Our enviably positioned and eye-catching corner office in Heaton Moor features large window displays with halo lighting and cinema television screens to maximise impact. The local team have a wealth of combined experience, over 120 years, and expertly navigate buyers through the house buying process. Every single instruction is treated to the same first class presentation with wide angle high quality photography and accurate scaled floorplans. The office is open until 6pm during the week to maximise the time we can communicate with our clients. In addition our professional representatives carry out viewings until 8pm.

Property is dually marketed from our market leading offices at Didsbury and Deansgate in the city centre. Philip James Kennedy also successfully sell and market property in Denton and Reddish with their pioneering personal agents Franca Carbone and Martin Elliott respectively.

To arrange a valuation, viewing or for general enquiries, please call a member of the team on 0161 431 5556, email to Heatonmoor@philipjames.co.uk or pop into the office at 218 Heaton Moor Road.

Affordability

Monthly repayments£3,486
Property: £ 695,000
Deposit: £ 69,500
Interest rate: 5.33%
Term: 30 years
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Disclaimer - Property reference DIS260063. 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 Philip James Kennedy, Heaton Moor. 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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