The Property Ombudsman

ROI up to 14.92% | New Luxury Units | Prices from £146,000

Stockport

  • ROI up to 14.92%
  • Gross yields up to 6.80%
  • Prices from £146,000
  • 10% deposit protected
  • SDLT paid until the end of the year
  • Free legal package included
  • Integrated whitegoods and flooring included
  • Comes with a 10-year warranty
  • 5-minute journey to Manchester centre
  • Gated development
  • New Luxury Units
  • Completion due November 2021

£146,000

Enquire now

Call us now on

0800 011 2277

ROI up to 14.92% | New Luxury Units | Prices from £146,000

These luxurious apartments and studio situated within the highly desirable four Heaton’s area of Stockport represent a fantastic opportunity to purchase a secure buy-to-let property investment in a highly sought-after area within Greater Manchester. Prices for these brand-new apartments start from just £146,000, this being a significant saving when compared to similar properties in the area, with the added bonus of SDLT being paid until the end of the year. With yields of up to 6.80% and return on investment of up to 14.92%, we cannot foresee these apartments remaining on the market for long.

The development comprises 11 brand new mill-conversion 2 bedroom apartments and 1 studio that will incorporate many of the original features of the mill. Combined with modern fittings and elegant furniture, the high-end apartments perfectly blend heritage with high-end interior design. With ease of access to Stockport town as well as a short 5-minute train journey into the centre of Manchester, the apartments benefit from the perfect balance of city and country living.

Located just north of the Cheshire border is the large market town of Stockport. Recently named one of the best locations for a buy-to-let property investment, Stockport has had high levels of investment into the towns centre in recent years.

Stockport was recently granted a £1 Billion transformation budget with the core goal to build on their strength as a business location by introducing over one million square foot of office space. In addition, the budget will go towards the rejuvenation of important parts of the town whilst also creating new reasons for people to visit Stockport.

According to the head of Stockport council, it is also a matter of “when, rather than if” when it comes to connecting the Greater Manchester Metrolink to the Stockport interchange. Much like the effect we saw in Salford Quays, demand for property will surge, creating even greater rental demand and rocketing property prices.

House prices in Stockport have already risen at almost double the rate (4.88%) than the rest of the UK (2.8%). With higher yields able to be attained, you also benefit from capital gains the moment you make your investment. With a higher than average employment rate in Stockport, particularly among those of a younger demographic, it is also likely that void periods will be low. Stockport truly represents a fantastic location to purchase property.

Financial Example - 2 Bedroom Apartment

Purchase price

£150,000

Deposit required at 30%

£45,000

Mortgage required at 70%

£105,000

Annual rental income

£10,200

Interest payments on mortgage (based on 2.29% interest)

£2,405

Estimated annual running costs (service charge, ground rent etc)

£1,080

Estimated Net Profit

£6,715

Return On Cash Invested

14.92%

Why invest with Sequre?

Bulk Deal Discount

We are specialists in the provision of high-income producing, buy-to-let property investments in a number of major UK cities. We have many years of experience in assembling bulk deals that has provided both small and large investors with access to heavily discounted investment opportunities.

Off Market Opportunities

We maintain strong relationships with the UK’s leading housebuilders, developers, banks and receivers to ensure we provide our investors with unrivalled opportunities. Almost all of our deals are completely exclusive and not available anywhere else.

Achieve Financial Freedom

Our experienced team has successfully guided many novice investors to financial freedom through our bespoke property investment services whilst also catering for those investors with up to several million pounds to invest in completely off market investments.

Find out more

Call us now on

0800 011 2277