Location:
Joseph Court, Joseph Street, Stockport, SK6 6BH
Reception Rooms: 4
Bedrooms: 8
Bathrooms: 4
Tenure: Leasehold
Deposit: 0
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About the Property
Located in the heart of Marple this unique development comprises 4 stunning residential apartments spanning across the first and second floors 1, 2, 4 & 6 Joseph Street these are all currently let out on varying lease start dates which we can confirm details of to interested parties. To the ground floor are three commercial premises (businesses unaffected) all currently let again with details of the leases available with the premises currently being used as a Hair salon, Pilates studio and an office.
The total currently monthly rent roll for the development is £5,915pcm or £70,980 PA = 6% Gross Yield Per Annum. There is scope for increase on the current rents and we believe circa 7% Gross Yield can be achieved.
Close to local amenities including shops, bars and restaurants plus the canal only a short walk away and stunning countryside. This is a unique opportunity to purchase a ready made income generating investment in a prime location. Please contact our office for further details.