Terraced house for sale in Stockport SK4, 2 Bedroom

This two bedroom mid terrace property requires modernisation and is suited to the investor or builder looking for a good return on investment or a profit for resale.

To be sold by public auction on 13th March 2019.

Finance is available on this lot, contact the auction team to find out more.

Overview

This mid-terrace property is ideal for those looking for an investment or a property to renovate and make a return on. It requires modernisation but is the proverbial "doer upper" that can be brought back to life in a small timescale and ready to rent or sell on quickly. The location is handy for the transport links to Manchester, Stockport and beyond by rail, bus, road or motorway.

Living Room (3.8 x 3.7 max (12'6" x 12'2" max))

Dining Kitchen (3.7 x 3.2 (12'2" x 10'6"))

First Floor Landing

Main Bedroom (3.8 x 3.7 max (12'6" x 12'2" max))

Second Bedroom (3.6 x 2.1 (11'10" x 6'11"))

Bathroom (2.2 x 1.5 (7'3" x 4'11"))

Cellar (3.8 x 3.2 (12'6" x 10'6"))

Externally

Pavement fronted, pleasant enclosed garden to rear.

Values

Property in this location has been selling at £125,000 since 2016, rental values are good with demand high with asking rents of £650-£695 per calendar month for two bedroom terrace properties. The expected yield therefore would be circa close to 7%

Notes

EPC rating: Currently F (32)

Possession

Vacant on completion

Who, When, Where?

Edward Mellor Auction, Wednesday 13th March 2019, the brand new venue at The Sheridan Suite, 371 Oldham Rd, Manchester M40 8RR

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