23 Units, Elisabeth Gardens, Stockport
NP

23 Units, Elisabeth Gardens, Stockport

By NPP Residential

£ 3,300,000

Reviews

3 out of 5 stars

NPP Residential says ..

**CALLING ALL INVESTORS** We have a rare and exclusive opportunity for a bulk purchase of 23 residential units within the extremely popular Elisabeth Gardens development in Reddish, Stockport. All of these units are currently tenanted and achieving a total of £256,440 per year in rental inc...

Property Oracle says ..

This listing presents a unique investment opportunity: a bulk purchase of 23 residential units in the Elisabeth Gardens development in Reddish, Stockport. The units are currently tenanted, providing a substantial annual rental income of £256,440. The property’s location offers easy access to multiple train stations, making commuting convenient. Several schools are within walking distance, boosting its family-friendly appeal. Images show modern, well-maintained interiors and attractive communal areas. However, the lack of individual plot sizes and precise square footage data makes a comprehensive comparative market analysis challenging. Determining the precise value-for-money aspect requires a thorough due diligence process involving professional valuation and financial projections, considering factors such as potential rental growth, vacancy rates, and maintenance costs. The price, while high for the total number of units, seems relatively consistent with other nearby property sales when considering the entire portfolio. Potential investors should carefully weigh the considerable upfront investment against the ongoing rental income and long-term growth prospects. Further investigation is needed to establish the precise value, but this is certainly a significant investment opportunity in a well-connected area. The communal areas are well-maintained and contribute positively to the overall impression of the property.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
7
Land
2
Bedrooms
27
Bathrooms
21

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
262,143.00 £
Decreased by 4.95 %
from 275,796.00 £
Average area rental value
975.00 £/mo
Decreased by 5.43 %
from 1,031.00 £/mo
Est rental Yield
4.46 %
Decreased by 0.67 %
from 4.49 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • NPP Residential created the listing.

Nearby Schools

NameTypeOfstedDistance
St Elisabeth'S Church Of England PrimaryAcademy Sponsor Led0.22 KM
St. Joseph'S Catholic Primary School, ReddishVoluntary Aided SchoolGood0.44 KM
Broadstones SchoolOther Independent Special SchoolGood0.60 KM
Broadstone Hall Primary SchoolCommunity SchoolGood1.02 KM
Reddish Vale Nursery SchoolLocal Authority Nursery SchoolOutstanding1.15 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Castlerigg Close £ 270,00000.00 KM
St. Elisabeths Way £ 000.00 KM
David Street £ 000.00 KM
Arthur Street £ 221,00000.00 KM
Waterhouse Way £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Reddish South2857RDS0.83 KM
Reddish North2979RDN1.52 KM
Ryder Brow2977RRB2.11 KM
Heaton Chapel2861HTC2.14 KM
Levenshulme2862LVM3.06 KM

Nearby Listings

AddressPriceTypeScoreDistance
23 Units, Elisabeth Gardens, Stockport £ 3,300,000BUY6 / 100.00 KM
Elisabeth Gardens, Reddish, Stockport, SK5 £ 155,000BUY6 / 100.01 KM
Elisabeth Gardens, Stockport £ 145,000BUY6 / 100.01 KM
Elisabeth Gardens, Reddish, Stockport, SK5 £ 150,000BUY6 / 100.01 KM
Apartment , Elisabeth Mill, Reddish £ 190,000BUY6 / 100.01 KM

Nearby Properties

AddressPriceDistance
29 Arthur Street £ 179,0000.25 KM
23 Arthur Street £ 165,2500.26 KM
22 Arthur Street £ 218,5000.26 KM
24 Arthur Street £ 139,0000.26 KM
26 Arthur Street £ 120,0000.26 KM