3 bedroom house for sale
Key information
Property description & features
- Tenure: Freehold
- Investment Opportunity with TWO Apartments
- 1 x ONE Bedroom and 1 x TWO Bedroom
- MODERN & Recently Renovated Throughout
- 8.5% Yield
- Potential Rental Income of £1850 per month
- Walking Distance to Bredbury Train Station
Are you looking for an IDEAL INVESTMENT OPPORTUNITY with a potential combined RENTAL INCOME of £22,200 per annum and a potential 8.5% YIELD on a MODERN and NEWLY CONVERTED development that includes TWO SEPARATE APARTMENTS and can be found conveniently close to local amenities including local shops and FANTASTIC TRANSPORT LINKS?
If so, then look no further... This UNIQUE to the area property was converted from offices to TWO APARTMENTS in 2024 - one 1-Bedroom GROUND FLOOR Apartment and one 2-Bedroom FIRST FLOOR Apartment.
They have been RECENTLY RENOVATED THROUGHOUT, finished to a HIGH STANDARD with a STYLISHLY PRESENTED interior and a CONTEMPORARY LIVING.
Internally the STUNNING apartments feature a LUXURY MODERN BATHROOM with fittings & tiles and a separate STORAGE CUPBOARD. There are spacious hallways, bedroom(s) and a large OPEN PLAN LIVING AREA with a beautiful MODERN KITCHEN with integrated appliances that include a DISHWASHER, fridge, freezer, oven and hob - making them READY TO MOVE INTO and perfect for a wide range of tenants.
Externally both apartments benefit from their OWN PRIVATE ENTRANCE and a GATED GARDEN at the rear that will communal for the residents of both apartments which will consist of a DECKING AREA, a stoned area and a bin store.
FREE PARKING can be found on Mill Street, which is the street at the side of the property and a CAR PARK across the road.
The planning for the conversion was granted in 2024 and as you would expect from a property of this standard, there is gas central heating that was newly installed in 2024 and uPVC double glazing. Externally the property has been repointed and rendered in December 2024.
1-Bedroom Apartment:
Located on the GROUND FLOOR, it can be privately accessed to the front & rear of the property.
Market Value Price - £130,000 (this is the price that it will be sold at separately).
Potential Rental Income - £750 per month.
2-Bedroom Apartment:
Located on the FIRST FLOOR, it can be privately accessed at the rear of the property.
Due to being located on the top floor the apartment also benefits from a private LOFT SPACE that is useful for additional STORAGE.
Market Value Price - £140,000/£145,000 (this is the price that it will be sold at separately).
Potential Rental Income - £1100 per month
Important to Note - The Market Value for the FULL PROPERTY (with the two combined apartments) should be £270,000 but a £10,000 DISCOUNT has been made for potential investors buying as a unit to help off set most of the STAMP DUTY TAX.
The home is conveniently situated within easy reach of a wide range of local amenities including transport links, the catchment area for popular and reputable schools, the local park that has tennis courts which is within walking distance, shops including Morrisons supermarket and local shops at Woodley Precinct and scenic walks along Werneth Low and the Peak District Canal which is a short walk away.
For the commuter,
There are direct bus routes to Stockport Town Centre and Tameside that can be found on Hyde Road and Stockport Road West.
The property is situated between TWO TRAIN STATIONS, Woodley and Bredbury Train Station which are both within walking distance. Bredbury train station gets you into the vibrant Manchester City Centre in under 20 minutes.
Also, within easy reach is Marple Village, Romiley Village, Hyde and the M60 Motorway that connects you to the rest of the North West.
Please get in touch with the Edward Mellor Woodley Branch to arrange a viewing as soon as possible. It is definitely one to see in person, to imagine yourself living here and to make it your own home.
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Property reference EM-159779. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Edward Mellor - Woodley.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 18, 2024
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on December 18, 2024
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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