4 bed block of flats for sale

Mellor Road, Cheadle Hulme, Cheadle SK8

Mellor Road, Cheadle Hulme, Cheadle, Sk8 5Au

Offers over £600,000

Yieldit are delighted to offer a rare chance to acquire a high-performing mixed-use property in the heart of Cheadle Hulme. This well-positioned asset comprises a fully tenanted commercial unit on the ground floor and two modern, fully managed short-term rental apartments above — all generating strong, consistent returns.

Currently producing an impressive income of nearly £80,000 per annum, the property offers a 9% net yield at the asking price, making it a standout turnkey investment in a sought-after South Manchester location.

The freehold block consists of a stylish studio loft apartment and a spacious three bedroom apartment, both operated as short term lets with experienced management in place. The commercial unit is tenanted for another 4 years with a well established tenant.

Externally, the property benefits from a low maintenance garden and off-road parking for up to 6 cars, enhancing its appeal to guests and tenants alike.

With its combination of stable commercial income and lucrative short-term rental performance, Mellor Road presents an exceptional opportunity for investors seeking a high-yielding, low-hassle asset in a thriving location.

Cheadle Hulme sits in the affluent Stockport borough of Greater Manchester, offering the perfect balance between suburban charm and urban convenience. It’s just 20 minutes from Manchester city centre and Manchester Airport, making it a hotspot for business travellers, tourists, and locals alike.

Financial Breakdown

Gross Rent: £77,648.32
Net income: £42,337.27
Gross yield: 12.94%
Net yield: 7.06%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08119