1 bedroom flat for sale

>

1 bedroom flat for sale

John Street, Stockport, SK1
£80,000

Price History

Initial price £90,000
02/09/25 £86,000
22/10/25 £80,000
Price Change -11.11%

Description

This one-bedroom apartment in Archer House, Stockport, is being sold via modern method of auction and offers a great investment opportunity. The property is currently tenanted on a fixed-term agreement until February 2026, generating a rental income of £700 per month, with an 8% Gross Yield. The apartment 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 benefits from a service charge of £1,600 per annum and ground rent of £419 per annum. The EPC rating is D. The buyer and seller must complete within 56 days of the auction, making this a unique opportunity for investors to secure a property with a steady income stream.