£695,000
Broadstone Road, Reddish, Stockport, SK5 7AR
5 Bedrooms
5 Bathrooms
Off Road Parking
Description
Floor Plans
Gallery
Key Features
- Freehold block of five self-contained apartments
- Fully let investment producing £51,652.56 per annum (£4,304.38 pcm)
- Approx. 7.43% gross yield with immediate income stream
- All units with private entrances and EPC ratings of C
- Off-road parking to the rear with selected units benefiting from private outdoor space
Full Property Description
A rare opportunity to acquire a fully let freehold block of five self-contained apartments, all with private entrances and off-road parking to the rear, offering an immediate income stream with scope for future growth.
The property is currently 100% occupied, generating a combined rental income of £4,304.38 per calendar month (£51652.56 per annum), reflecting a gross yield of approximately 7.43%. All units benefit from EPC ratings of C, supporting long-term ability to let and compliance.
Each apartment has been sensibly configured to maximise rental demand, with well-proportioned accommodation and private outdoor space to selected units.
Accommodation Breakdown
Flat 57 – Ground Floor
Open-plan living/kitchen with skylight
Large double bedroom
Three-piece bathroom suite
Private rear yard
358 sq ft | EPC C
Flat 59 – Ground Floor
Open-plan living/kitchen with skylight
Large double bedroom
Three-piece bathroom suite
Private rear yard
391 sq ft | EPC C
Flat 57A – First Floor
Spacious living room
Kitchen to the rear
Large double bedroom
Three-piece bathroom suite
447 sq ft | EPC C
Flat 59A – First Floor
Spacious living room
Kitchen to the rear
Large double bedroom
Three-piece bathroom suite
414 sq ft | EPC C
Flat 57B – Ground Floor
Open-plan living/kitchen with skylight
Large double bedroom
Three-piece bathroom suite
340 sq ft | EPC C
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