Low-price, auction-ready flat with parking — suited to cash investors.
Allocated off-street parking space
A compact, modern one-bedroom apartment in central Stockport offered with no onward chain and an allocated parking space. The building dates from 2012 onward, benefits from lift access and double glazing, and sits within easy reach of Stockport station, bus routes and local shops — a straightforward city-centre hold for buy-to-let or a cash-first purchase.
The property is sold via the Modern Method of Auction and is available to cash buyers and investors only. It is currently tenanted, providing immediate rental potential but meaning viewings may be arranged around occupants. The lease has about 139 years remaining, which gives long-term security often sought by investors.
There are material costs and local factors to note: primary heating is by electric room heaters, which can mean higher running bills versus gas; service charge is approximately £1,920 pa and ground rent £250 pa. The auction process requires payment of a non-refundable reservation fee of 4.5% (minimum £6,600) plus a Buyer Information Pack fee (£349) — bidders should factor these into total acquisition costs and confirm finance suitability before bidding.
The surrounding area shows high deprivation indicators despite very low recorded crime and good transport links. That combination supports steady rental demand but may limit resale premium. For investors seeking a low-entry-price, centrally located studio alternative with long lease length and parking, this apartment offers clear potential, provided the auction costs and ongoing service charges are accepted.
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