Available 4 Bed Residential Development

Goyt Avenue, Marple, Stockport, Cheshire, SK6 7JR £340,000

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Property Features

Location:
4, Goyt Avenue, Stockport, SK6 7JR

Reception Rooms: 2

Bedrooms: 4

Bathrooms: 2

Tenure: Freehold

Deposit: 0

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About the Property

MIXED COMMERCIAL AND RESIDENTIAL PROPERTY OFFERED FOR SALE WITH BOTH UNITS CURRENTLY LET GENERATING INCOME!

Located on Goyt Avenue amongst a popular parade of shops this is a fantastic opportunity for any potential investors. The commercial property convenience store (business not to be affected) is currently let out for £7,500.00 P/A. The 4 bed duplex flat above the commercial space comprises: four bedrooms, family bathroom, good size lounge and kitchen/diner. There is also a detached garage that is currently used by the tenant of the residential flat. The residential space is currently let out for £7500.00 P/A.

The current rents for both commercial unit and flat is £1,250pcm or £15,000 PA = 4.4% Yield PA

Potential rents and Yield – Flat =£1,000pcm and commercial unit = £800 pcm. Totalling to £1,800pcm or £21,600 PA = 6.35% Yield PA

This is a unique opportunity to purchase a ready made income generating investment in a prime location. Please contact our office for further details and to arrange a viewing.

Agents Note

To proceed with purchasing a property in the United Kingdom, all estate agents are legally required to carry out identity checks on every customer involved in the transaction, in line with Anti-Money Laundering regulations. We use a trusted third party provider to complete these checks, and a fee applies. If your offer is accepted, the cost of this check is a non refundable £30 plus VAT, totalling £36 per buyer.