Offers over
£123,000
(£266/sq. ft)
1 bed flat for saleCompstall Road, Stockport SK6
1 bed
1 bath
1 reception
463 sq. ft
EPC Rating: C
- Leasehold
Let Property
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About this property
Balcony
Buy-to-Let Opportunity
Tenants Currently Situated
Likely to attract enquiries from Serious Investors & Developers
In the centre of Romiley village
Parking Space Available
Well Maintained Property
Easy Access to Local Amenities
Investment potential detailed below (Let Property Pack)
A spacious and well-kept 1-bedroom flat located in Stockport, centrally positioned within Romiley village, and within walking distance of various valuable amenities. This property offers an ideal opportunity for investors seeking reliable, long-term returns.
This is a brilliant opportunity for investors!
The home is in excellent condition, featuring 1 bedroom, a lounge, a bathroom, a kitchen, a parking space, and a balcony. The flat is a fully functional, recently refurbished middle-floor unit with double glazing, central heating, a fitted kitchen with modern accessories, and is equipped with security cameras for added peace of mind.
Investment Details:
The property currently generates an annual gross income of £8,400, with the potential to increase to a market rate of £10,332 while retaining the current tenants. Given the purchase price, this makes it a worthwhile addition to any investor's portfolio.
Please see the Let Property Pack linked below for more details on this property's investment potential, please see the Let Property Pack linked below.
If you are interested, please call us.
Tenancy Details:
The current tenants have resided in the property for several years and have consistently paid their rent. They have no intentions of moving out and are keen to remain in the property.
Let Property Sales is committed to facilitating a smooth transaction process. To ensure maximum commitment from both parties, a fully refundable buyer's premium may apply to secure the property. This amount is refunded in the event of non-completion.
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More information
Tenure
Leasehold (999 years)
Service charge
£480 per year
Council tax band
B
Ground rent
£15
Ground rent date of next review