Summary - Flat 16 Renaissance House, Millbrook Street SK1 3TN
1 bed 1 bath Apartment
Ready-rented unit producing £10,200 pa in a busy town-centre location.
Third-floor one-bedroom flat with lift access and communal entrance
A compact, well-presented one-bedroom flat in central Stockport, offered as a leasehold investment with a long lease of 238 years. The property sits on the third floor of a 1960s/70s block facing Stockport College and currently produces £10,200 pa from an assured shorthold tenancy (tenant paying £850 pcm). The open-plan living/kitchen is fitted with integrated appliances and the bedroom includes a built-in wardrobe, making it simple to manage for a buy-to-let portfolio.
Practical features include lift access, communal entrance, double glazing and a modern bathroom. Heating is electric via room heaters and the building’s cavity walls are noted as having no added insulation (assumed), which could affect energy costs and tenant comfort. Ground rent is modest at £150 pa and council tax is described as very cheap.
This flat suits investors seeking an immediate income stream from a centrally located, low-maintenance tenancy. The area classification indicates wider deprivation and a hard-pressed local population, which supports rental demand but may limit capital-growth expectations. Prospective buyers should note the apartment’s small overall size (399 sq ft) and electric heating when assessing yields and running costs.
For hands-on landlords, opportunities exist to upgrade insulation, heating and finishes to reduce running costs and potentially increase rental value. The long lease length reduces lease-renewal risk, but buyers should budget for ongoing management, voids and any communal maintenance liabilities typical of mid-20th-century blocks.
1 bedroom apartment for sale in 8 Renaissance House, SK1 — £110,000 • 1 bed • 1 bath • 399 ft²
1 bedroom flat for sale in Apartment Douro House Wellington Road South, Stockport, SK4 — £50,000 • 1 bed • 1 bath
1 bedroom flat for sale in Millbrook Street, Stockport, Greater Manchester, SK1 — £100,000 • 1 bed • 1 bath • 375 ft²
1 bedroom flat for sale in John Street, Stockport, SK1 — £86,000 • 1 bed • 1 bath • 558 ft²
1 bedroom flat for sale in Millbrook Street, Stockport, Greater Manchester, SK1 — £100,000 • 1 bed • 1 bath • 375 ft²
1 bedroom flat for sale in Edward Street, Stockport, Greater Manchester, SK1 — £110,000 • 1 bed • 1 bath • 377 ft²
