Summary - SPATHFIELD COURT 42 HOLMFIELD CLOSE STOCKPORT SK4 2RR
1 bed 1 bath Apartment
Affordable buy-to-let with long lease and immediate rental income.
Let on periodic AST since 01/05/2013 at £495 pcm (immediate income)
Sold by online auction on 12th November 2025 (may sell prior)
Long lease (~959 years) reduces leasehold risk
Small apartment ~336 sq ft; limited living space
EPC F and electric heating (higher energy costs)
Communal gardens and residents off-street parking
Located near Stockport centre and major transport links
Area shows high deprivation but strong tenant demand
This compact one-bedroom apartment is offered at auction and presents a clear buy-to-let proposition for investors seeking an affordable entry into Stockport. The property is tenanted on a periodic AST since 2013 at £495 pcm, producing immediate income and positioned close to strong transport links and local amenities.
The flat sits on an upper floor of a mid-terrace block with communal gardens and residents’ off-street parking. It benefits from double glazing, electric underfloor heating and a very long lease (circa 959 years), reducing long-term leasehold risk. Nearby regeneration projects and frequent commuter connections help sustain tenant demand.
Notable drawbacks are material and should be factored into acquisition costs: the current EPC rating is F, heating is electric (higher running costs), and the apartment is small (approximately 336 sq ft). The local area scores high on deprivation indices, which affects long-term capital growth prospects but also supports steady rental demand. The property will be sold at online auction — purchasers should allow for immediate legal and auction fees.
For investors seeking uplift, local comparable sales and market commentary suggest room to increase rent toward typical local levels (£600–£650 pcm) after minor updating. This is a straightforward, let-in-place investment with potential for modest rental improvement and long-lease security, sold with vacant-possession or subject-to-tenancy options via auction terms.
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