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1 bedroom flat for sale
John Street, Stockport, SK1
£86,000
John Street, Stockport, SK1
£86,000
Price History
Initial price | £90,000 |
02/09/25 | £86,000 |
Price Change | -4.44% |
Description
This is a tenanted buy-to-let opportunity in central Stockport, available for investors only. The one-bedroom apartment in the Archer House development is currently rented out on a fixed-term agreement until February 2026, generating a rental income of £700 per month. With an 8% Gross Yield, this presents a lucrative investment opportunity. The property features a spacious open-plan lounge with integrated kitchen, large double bedroom, three-piece bathroom suite, and ample storage space. With a leasehold of 216 years remaining, the property also comes with a service charge of £1,600 per annum and ground rent of £419 per annum. The sale is being conducted through the modern method of auction, with the buyer and seller required to complete within 56 days.