1 bed flat for sale

John Street, Stockport SK1

Being sold via modern method of auction, a well presented and spacious one bedroom aparment in the popular Archer House development, conveniently located in central Stockport within close proximity to local transport links and amenities.

The property is currently tenanted on a periodic basis, at a rental income of £700pcm. Making for a great investment opportunity with an 8% Gross Yield.

Comprising of; spacious open plan lounge with integrated kitchen, large double bedroom, three piece bathroom suite and ample storage space.
EPC Rating - D.
Service Charge - £1600 per annum
Ground Rent - £419 per annum
Leasehold - 216 years remaining
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This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The successful buyer only will pay £349.00 including VAT for this pack which you must view before bidding. There is no cost involved just to view the pack.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.