54, 54 54A & 56A Stockport Road, Romiley
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
4
- BATHROOMS
3
- 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
- TO BE SOLD BY ONLINE AUCTION
- Three self-contained Two & one bedroom flats
- Freehold residential investment opportunity
- Producing £21,840 Gross Income Per Annum
- Popular Romiley Location
Description
TO BE SOLD BY ONLINE AUCTION ON 12-13TH AUGUST 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS
54, 54A, 56A Stockport Road, Romiley, Stockport, SK6 3AA
INTERNAL PHOTOS & VIRTUAL TOUR COMING SOON
An excellent opportunity to acquire a freehold residential investment comprising three self-contained flats, arranged as one two-bedroom flat and two one-bedroom flats within a converted property.
Each flat is separately contained and benefits from its own meter, making this an attractive purchase for landlords and investors seeking a multi-unit investment in a strong Stockport location.
The property is currently producing a combined gross rental income of £1,820 per calendar month, equivalent to £21,840 per annum, reflecting an approximate 10.9% gross yield based on the current guide price.
The flats are currently managed through Stockport Homes, with a management fee of approximately £320 per month, leaving a net income of approximately £1,500 per calendar month / £18,000 per annum, reflecting an approximate 9% net yield based on the current guide price.
The existing management arrangement provides a structured setup and a more secure income profile for investors, while offering reduced day-to-day involvement for the landlord, subject to the existing terms and buyer due diligence.
The property would make an ideal addition to an existing rental portfolio, offering three separate income streams from one freehold asset.
Stockport Road is located in Romiley, a popular Stockport suburb with local shops, amenities and transport links nearby. Romiley railway station provides access towards Manchester and surrounding areas, supporting strong tenant demand.
- 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: A
- 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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Visit our security centre to find out moreDisclaimer - Property reference EM-170159. 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 Edward Mellor Ltd, Auction. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Edward Mellor Ltd, Auction on 0161 524 2443.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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