Joules Estate Agency says ..
POTENTIAL INVESTMENT. Current AST. Tenant Paying £800PCM. One Bedroom 3rd Floor Apartment. Facing Stockport College. Communal Car Park. Open Plan Lounge/Kitchen, Kitchen Fitted with Integrated Oven, Hob, Fridge/Freezer and Washer. Double Bedroom with Built In Wardrobe, Modern Bathroom
Property Oracle says ..
The property is a one-bedroom apartment in a multi-story building. From the images, the apartment appears to be in good condition, with a modern kitchen and bathroom. The apartment is well-presented and the furnishings are contemporary. There is no evidence of significant repairs or renovations needed. The location is within walking distance of Stockport town centre and Stockport railway station, providing convenient access to transportation links. The proximity to Stockport College may also be appealing to students or those working in the education sector. Several primary schools are located nearby, with varying Ofsted ratings. The availability of shops and other amenities is not explicitly detailed, but the proximity to the town centre suggests reasonable access. The property does not include a garden, as it is an apartment. Considering the list price of £115,000, the average price of similar properties in the area is £206,470, and the average price per square foot is £257. However, the provided square footage for this property is 591.01 sqft, significantly smaller than the area average of 803 sqft. The property’s price is considerably lower than the average for the area. While this may seem attractive, potential buyers should consider the smaller size and lack of outdoor space. The fact that the property is currently generating rental income of £800 per month might also justify the lower list price, making it potentially attractive as an investment.
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
- 8
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 591.01
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 %
- Est sale value
- 189,714.21 £Increased by 59.70 %
- Average area rental value
- 1,053.00 £/moIncreased by 1.06 %
- Est letting value
- 591.01 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.36 %Decreased by 8.23 %
- Crime Rate
- 0.00 %
Agent Activity
Joules Estate Agency created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Thomas' Church Of England Primary School Stockport | Voluntary Controlled School | Requires improvement | 0.30 KM |
| St Joseph'S Stockport Catholic Primary School | Voluntary Aided School | Good | 0.55 KM |
| Our Lady'S Catholic Primary School | Voluntary Aided School | Good | 0.70 KM |
| Cale Green Primary School | Community School | Good | 0.80 KM |
| St Matthew'S Church Of England Primary School | Academy Sponsor Led | Good | 0.90 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Mottram Fold | £ 0 | 0 | 0.00 KM |
| Chesworth Fold | £ 0 | 0 | 0.00 KM |
| Mottram Way | £ 0 | 0 | 0.00 KM |
| Lincoln Towers | £ 0 | 0 | 0.00 KM |
| Covent Garden | £ 210,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Stockport | 2771 | SPT | 0.60 KM |
| Davenport | 2770 | DVN | 1.62 KM |
| Woodsmoor | 2773 | WSR | 2.66 KM |
| Heaton Chapel | 2861 | HTC | 3.31 KM |
| Reddish South | 2857 | RDS | 3.47 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Renaissance House | £ 115,000 | BUY | 5 / 10 | 0.00 KM |
| 8 Renaissance House | £ 110,000 | BUY | Unknown | 0.00 KM |
| Millbrook Street, Stockport, Greater Manchester, SK1 | £ 100,000 | BUY | 6 / 10 | 0.00 KM |
| Millbrook Street, Stockport, Greater Manchester, SK1 | £ 100,000 | BUY | 5 / 10 | 0.00 KM |
| Millbrook Street, Renaissance House Millbrook Street, SK1 | £ 99,950 | BUY | 6 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 70 Union Street | £ 105,000 | 0.10 KM |
| 64 Union Street | £ 95,000 | 0.10 KM |
| 15a Greek Street | £ 39,000 | 0.34 KM |
| 55 Wellington Road South | £ 30,000 | 0.36 KM |
| 54 Thomson Street | £ 141,000 | 0.38 KM |