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1 bedroom apartment for sale

Renaissance House, Stockport

Removed £90,000

Property Description

Key features

  • Shops and amenities nearby
  • Fitted Kitchen
  • Double glazing
  • Close to public transport
  • EPC Rating C
  • Investment Opportunity

Full description

Tenure: Leasehold

A well-presented and spacious first floor apartment in the heart of Stockport. These recently converted apartments are ideal for first time buyers and investors alike. The property is currently rented out achieving an annual gross rent of £6,000 representing a 6.66% gross yield.

We believe that the market rent should be guided at £550pcm based on recent rentals of comparable properties in Stockport. This would represent a gross yield of 7.3% a fantastic investment opportunity.

The accommodation in brief comprises; spacious open plan Lounge/kitchen/diner fitted with modern kitchen, double bedroom and modern three-piece bathroom. EPC rating CStockport is currently undergoing re-development and the current shopping and leisure facilities will be enhanced by the new 45 million pound Redrock development with ten screen cinema, entertainments area with bars and restaurants and retail space. Stockport Exchange located next to the Railway Station is a 145 million pound commercial development bringing new office and retail space and a 115 bed hotel. The immediate area surrounding Renaissance House is being re-generated and the tired 1950's maisonettes are being demolished to make way for a new residential development of 2 and 3 bedroom houses.
Renaissance House residents working away from the Town Centre will benefit from excellent road and rail links. The A6 main artery road into Manchester City Centre and Buxton is moments away and the Junction 27 of the M60 Manchester's orbital motorway is less than a mile away. Stockport railway station providing commuter services into Manchester City Centre, London and many other towns, cities and neighbouring districts is a few minutes walk away.

Energy Performance Certificate (EPC) graphs

Listing History

Added on Rightmove:
04 October 2017


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