Summary - Water Street, Stockport SK1 2BX
1 bed 1 bath Apartment
High-yield one-bedroom close to Manchester transport links.
10-minute train to Manchester Piccadilly from nearby station
Advertised 6.8% gross rental yield for investors
596 sq ft one-bedroom, open-plan loft-style living
Newly renovated with modern kitchen and engineered flooring
Leasehold with 999 years remaining (long lease)
Sold to cash buyers only — no mortgage options advertised
No private garden; urban location within town centre
Area classified as very deprived, though large regeneration underway
This recently converted one-bedroom apartment occupies a characterful 19th-century mill, recently renovated to a contemporary standard. Large industrial windows, exposed brick and steelwork give authentic loft appeal while thick walls and deep floors reduce external noise, creating a quiet city retreat.
The development offers substantial resident facilities—173 parking spaces and secure cycle storage—and excellent connectivity, with Stockport town centre nearby and a ten-minute train to Manchester Piccadilly. The property is presented as a buy-to-let proposition with an advertised 6.8% gross yield and a compact, efficient 596 sq ft layout suitable for single professionals or investors.
Important practical points are straightforward: the flat is leasehold (999 years remaining) and newly renovated, but the sale is marketed to cash buyers only. The neighbourhood sits within a very deprived area undergoing major regeneration; this brings potential upside but also current social and economic challenges. Broadband speeds are average and there is no private garden.
Overall, the apartment suits an investor or buyer seeking a low-maintenance, high-character city flat with strong transport links and scope to benefit from ongoing local regeneration. Expect immediate rental potential and minimal initial refurbishment required, balanced against the need for cash purchase and the realities of the surrounding area.
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