1 bedroom apartment

Archer House, 3 John Street, Stockport SK1

Size: 44.4 sqm

Purchase price

£100,000

Size: 44.4 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £7,500
Ground rent £419
Service charge £1,330
Lettings fees £630
Net income £5,121
Gross yield 7.14%
Net yield 4.88%

yieldit are pleased to bring to the market this stunning investment property, being sold with a tenant in situ yielding a fantastic 5.12% NET per annum. The accommodation is located on the top (fourth) floor of the popular Archer House development and includes a carpeted double-bedroom leading to fully tiled bathroom with three-piece suite and shower over bath. There is an open plan living area with a wonderful large window providing views of the town centre and a contemporary fully-fitted kitchen complete with integrated appliances.

Residents of Archer House have the added luxury of secure intercom entry, allocated parking and being within easy reach of the centre of Stockport with the wide selection of amenities, recreational and leisure facilities it has on offer. The location is ideal for visiting and commuting to Manchester’s exciting city centre and surrounding areas by rail and road, with Stockport train station conveniently within walking distance of the development meaning it makes an attractive let and will be a fantastic addition to an investor’s portfolio.

Stockport is a key player in Greater Manchester’s economic success, with a booming economy worth £6.2 billion, home to 13,000 businesses and a workforce of over 124,000. Given this, it’s unsurprising that in 2020 Stockport saw the highest annual increase in rental properties with demanding shooting up by 31% and house prices increasing by an impressive 24% since 2019 (Rightmove). In addition to this, a regeneration scheme worth £1billion is set to transform the town’s centre and it’s already brilliant connectivity. There hasn’t ever been a better time to invest in Stockport so enquire today!

CASH BUYERS ONLY - TENANTED INVESTMENT OPPORTUNITY YIELDING ABOVE 5% NET! A stunning one bedroom apartment on the top floor of the popular Archer House development in Stockport town centre. Don't miss out and enquire today!

Interested in this property? Enquire today for more information

Key features

Key features

Buy-to-let investment opportunity

Key features

5.12% NET yield

Key features

Stylish one bedroom apartment

Key features

Located in a sought-after development

Key features

On the top (fourth) floor

Key features

Fully-fitted kitchen with integrated appliances

Key features

Secure entry, lift access and allocated parking

Key features

Close to the heart of Stockport

Key features

Brilliant transport links

Key features

Ideal location for commuters

CASH BUYERS ONLY - TENANTED INVESTMENT OPPORTUNITY YIELDING ABOVE 5% NET! A stunning one bedroom apartment on the top floor of the popular Archer House development in Stockport town centre. Don't miss out and enquire today! More info...

yieldit are pleased to bring to the market this stunning investment property, being sold with a tenant in situ yielding a fantastic 5.12% NET per annum. The accommodation is located on the top (fourth) floor of the popular Archer House development and includes a carpeted double-bedroom leading to fully tiled bathroom with three-piece suite and shower over bath. There is an open plan living area with a wonderful large window providing views of the town centre and a contemporary fully-fitted kitchen complete with integrated appliances.

Residents of Archer House have the added luxury of secure intercom entry, allocated parking and being within easy reach of the centre of Stockport with the wide selection of amenities, recreational and leisure facilities it has on offer. The location is ideal for visiting and commuting to Manchester’s exciting city centre and surrounding areas by rail and road, with Stockport train station conveniently within walking distance of the development meaning it makes an attractive let and will be a fantastic addition to an investor’s portfolio.

Stockport is a key player in Greater Manchester’s economic success, with a booming economy worth £6.2 billion, home to 13,000 businesses and a workforce of over 124,000. Given this, it’s unsurprising that in 2020 Stockport saw the highest annual increase in rental properties with demanding shooting up by 31% and house prices increasing by an impressive 24% since 2019 (Rightmove). In addition to this, a regeneration scheme worth £1billion is set to transform the town’s centre and it’s already brilliant connectivity. There hasn’t ever been a better time to invest in Stockport so enquire today!

  • Key features
    Tick Desktop Buy-to-let investment opportunity
    Tick Desktop 5.12% NET yield
    Tick Desktop Stylish one bedroom apartment
    Tick Desktop Located in a sought-after development
    Tick Desktop On the top (fourth) floor
    Tick Desktop Fully-fitted kitchen with integrated appliances
    Tick Desktop Secure entry, lift access and allocated parking
    Tick Desktop Close to the heart of Stockport
    Tick Desktop Brilliant transport links
    Tick Desktop Ideal location for commuters
  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £7,500
Ground rent £419
Service charge £1,330
Lettings fees £630
Net income £5,121
Gross yield 7.14%
Net yield 4.88%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.