Overview

We are delighted to bring to the market this 5-bedroom, mid terraced property in Edgley, Stockport, Greater Manchester. Stockport has benefited from a huge 1-billion-pound investment with its main aim for the town centre to be a multi-purpose hive of activity where people can live, work, shop, and enjoy community services.

The property consists of 5 bedrooms each with en-suites. The property has been finished to a very high standard throughout with communal kitchen and living space that would be the envy of most homeowners and renters. The property comes fully furnished throughout and has a full HMO licence.

Edgeley is conveniently located a 5-minute walk from Stockport Train Station, Bus Station, and the M60 Ring-road. Presenting excellent transport links across South Manchester and into the city centre. Therefore, you have an abundance of tenants living in the area that will commute into the city centre.

Aside from the close proximity to transport links, Edgeley is also conveniently located close to lots of green spaces, such as Alexandra Park. You are also a short walk into Stockport Centre with the new wave of bars, restaurants, and independent shops opening.

In terms of the types of properties in Edgeley, there are rows upon rows of large, period terrace houses. These are perfect homes for young working professional couples and those looking to start a family. With high ceilings, generally two large reception rooms, and outside space to the rear, it ticks a lot of boxes for tenants looking to rent in Stockport.

Investment Information

Property Address: 83 Fox Street, Stockport SK3 9JY

Asking Price: £335,000

Number of bedrooms: 5

Number of bathrooms: 5

Communal living room and kitchen

The property spans over 3 floors

Full HMO licence

Current rental income: £3,030pcm (£36,360 per annum)

4 rooms paying £595pcm

1 room paying £650pcm

Gross yield: 10.8%

Expenses (pcm)

Broadband: £58.80

Council tax band B: £152.00

Water: £41.44

Gas & Electric: £300 - £500 (season depending)

Cleaning £87

Total: £739.24pcm (£8,870.88 per annum)

Net Income: £27,489.12

Net yield: 8.2%

Highlights

• High Yield HMO Property
• Superb Stockport Location
• 5 mins walk to mainline train station
• 7 mins walk to town centre
• 15 mins to Manchester city centre
• Huge local rental demand

Price range:

5 Bedroom HMO Asking Price £335,0000

Mortgage options

Payment Plan

Complete a reservation from to secure the unit and provide Certified

ID, Proof of Address & Proof of Funds.

Pay a £2,000 non-refundable reservation fee

ClicPad broker fee 5% on exchange

Solicitors instructed

Balance due on completion cash or mortgage (less reservation fee paid)