Compact, well-located apartment ideal for first-time buyers or investors seeking rental income.
Second-floor 1-bed apartment, approx 377 sq ft
Tenant in situ paying £675 pcm (bills excluded)
Long lease: 229 years remaining
On-site off-street parking and building lift
Service charge ~£1,575pa; ground rent £150pa
Electric room heaters only — higher running costs likely
Cavity walls recorded with no insulation (assumed)
Located near Stockport station, town centre, Stepping Hill Hospital
This compact 1-bedroom apartment on the second floor offers a practical, low-maintenance entry into Stockport living. Located a short walk from Stockport station, the town centre and Stepping Hill Hospital, it suits a commuter or first-time buyer wanting immediate access to transport and amenities. The block has a lift and on-site off-street parking for added convenience.
The flat is currently let at £675 pcm (bills exclusive), so it also works as a rented investment with no onward chain. The lease is long (229 years remaining) and annual costs are clear: service charge about £1,575 and ground rent £150. Council tax is described as very cheap and connectivity is strong with fast broadband and excellent mobile signal.
Buyers should note the apartment is small (approx 377 sq ft) and heating is by electric room heaters, which can be costly compared with central systems. The building’s cavity walls are recorded without insulation (assumed), so there may be thermal improvement potential and energy costs to consider. The wider area is classified as very deprived with local “hard-pressed flat dwellers”, a factual context that may matter to some purchasers.
Overall this is a straightforward, low-risk leasehold purchase for someone seeking an affordable city-base or a lettable asset in a well-connected town-centre location. The combination of long lease, tenant in situ and immediate access to transport and services will appeal to both first-time buyers and buy-to-let investors, provided they accept the small internal footprint and electric heating.
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