Summary - Anchor House John Street, Stockport, SK1 SK1 3FX
1 bed 1 bath Flat
Tenanted buy-to-let with immediate income and long lease — auction sale..
Fourth-floor one-bedroom apartment in central Stockport
A straightforward buy-to-let positioned in central Stockport, this one-bedroom fourth-floor apartment is offered via the Modern Method of Auction. The property is currently tenanted on a fixed-term tenancy until February 2026, producing £700pcm, and presents an immediate income stream and an advertised gross yield around 8%. The long lease (216 years) reduces medium-term title risk.
Accommodation is open-plan with an integrated kitchen, a large double bedroom and a three-piece bathroom. The block is modern and low-maintenance, with double glazing (install date unknown). The EPC rating is D; heating is via electric room heaters and the main fuel is electricity, which may affect running costs and appeal to certain tenants.
Costs and practicalities matter: the property carries an annual service charge of about £1,600 and a ground rent of £419 per year. Broadband is reported as very slow locally — a potential drawback for many tenants. The sale follows auction terms: a non-refundable reservation fee applies and completion is expected within 56 days, so budget and timelines should be checked carefully before bidding.
This suits investors seeking a central, low-management rental with immediate income. Be aware of the tenancy terms, ongoing service and ground charges, and the potential need to upgrade heating or connectivity to improve tenant demand and rental value.
1 bedroom flat for sale in Marriott Street, Stockport, Greater Manchester, SK1 — £70,000 • 1 bed • 1 bath • 452 ft²
1 bedroom flat for sale in Meadow Mill, Water Street, Stockport, Cheshire, SK1 — £95,000 • 1 bed • 1 bath • 363 ft²
1 bedroom flat for sale in Bridge Street, Stockport, SK1 — £125,000 • 1 bed • 1 bath • 382 ft²
1 bedroom apartment for sale in 8 Renaissance House, SK1 — £110,000 • 1 bed • 1 bath • 399 ft²
1 bedroom flat for sale in Marriott Street, Stockport, Greater Manchester, SK1 — £50,000 • 1 bed • 1 bath • 451 ft²
2 bedroom terraced house for sale in 30 Dundonald Street, Stockport, Cheshire SK2 6PA, SK2 — £140,000 • 2 bed • 1 bath • 951 ft²
