1 bed flat for sale

Meadow Mill, Water Street, Portwood, Stockport SK1

Meadow Mill, Water Street, Portwood, Stockport, Sk1 2Aj

Yieldit are pleased to showcase this fabulous investment property in the beautiful Meadow Mill, a luxurious new development which has recently been transformed from a 19th century mill into a selection of unique high specification apartments. Ideally situated in the Greater Manchester town of Stockport, which was recently named as the best place to live in the North West of England for 2024 by The Times this property will make a fantastic addition to any sized portfolio.

Located on the second floor and boasting original features including exposed brickwork, vaulted ceilings and with the1 metre deep floor and 500mm thick walls eliminating outside noise, this property is the ideal retreat for residents and is sure to continue to be in demand on the rental market. Consisting of entrance hallway; open plan living area with large window; sleek fully-fitted kitchen; double bedroom; three-piece bathroom suite and storage cupboard. The property is offered fully furnished.

Meadow Mill is located strategically located close to a wealth of amenities and within walking distance of Tesco Extra, Stockport town centre, Stockport Retail Park and a number of greenspaces. Transport links are unrivalled with a bus network, the M60 motorway and Stockport Train Station providing easy access to Manchester’s bustling city centre which makes this development ideal for working professionals.

Financial Breakdown

Gross Rent: £10,800.00
Net income: £8,296.36
Gross yield: 7.2%
Net yield: 5.53%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-07907