Apartment Douro House Wellington Road South, Stockport
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Apartment Douro House Wellington Road South, Stockport

By Edward Mellor Ltd

£ 50,000

Reviews

2 out of 5 stars

Edward Mellor Ltd says ..

CALLING ALL INVESTORS! Are you a CASH INVESTOR looking to start/expand your portfolio and purchase a property with a tenant in situ! This property is ideal for you! Situated in the centre of Stockport, you have all of your daily needs within walking distance including local shops, amenities, c...

Property Oracle says ..

This one-bedroom apartment in Stockport town centre presents a potentially attractive investment opportunity. Located in Douro House on Wellington Road South, the property benefits from a central location near transport links, shops, and schools. The apartment itself appears to be in good, modern condition, with a recently updated interior. However, potential buyers should be aware of the relatively small size of the property (245 sq ft) and the absence of any outdoor space. The list price of £50,000 warrants further investigation into the market value, particularly regarding its competitive nature compared with other flats in the surrounding areas. While the price seems reasonable for investors focusing on rental income, potential homeowners may want to look at other options for more living space.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
7
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
245.42

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
198,564.00 £
Increased by 9.98 %
from 180,547.00 £
Est sale value
78,779.82 £
Increased by 59.70 %
from 49,329.42 £
Average area rental value
1,053.00 £/mo
Increased by 1.06 %
from 1,042.00 £/mo
Est letting value
245.42 £/mo
Unchanged by 0.00 %
from 245.42 £/mo
Est rental Yield
6.36 %
Decreased by 8.23 %
from 6.93 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Edward Mellor Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
St Joseph'S Stockport Catholic Primary SchoolVoluntary Aided SchoolGood0.47 KM
St Mary'S Roman Catholic Primary School StockportVoluntary Aided SchoolRequires improvement0.65 KM
Our Lady'S Catholic Primary SchoolVoluntary Aided SchoolGood0.67 KM
St Matthew'S Church Of England Primary SchoolAcademy Sponsor LedGood0.70 KM
Progress Schools - StockportOther Independent SchoolGood0.78 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Daw Bank £ 000.00 KM
Wellington Road South £ 180,00000.00 KM
Shield Street £ 000.00 KM
Canning Street £ 000.00 KM
Mottram Fold £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Stockport2771SPT0.39 KM
Davenport2770DVN2.21 KM
Heaton Chapel2861HTC2.67 KM
Reddish South2857RDS3.04 KM
Woodsmoor2773WSR3.30 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
71 Princes Street £ 146,0000.25 KM
55 Wellington Road South £ 30,0000.29 KM
33 Princes Street £ 160,0000.41 KM
18 Thomson Street £ 215,0000.46 KM
50 Thomson Street £ 120,0000.46 KM