- Units from £130,000
- Net yield from 5%
- Excellent location
- Manchester City Centre only a twelve-minute train journey away
- Fully managed
- Completion Q1 2023
Luxury apartments in Stockport
Di Salvo Realty presents a new build block of twenty-two luxury apartments built from red brick, in keeping with the traditional brick buildings of the surrounding historic area. Work has been done to create a sleek and modern interior scheme with a nod to Stockport’s industrial past.
Some of the apartments have private terraces and balconies.
Location
The building is located in Stockport, a historic town in Greater Manchester.
Stockport is in an enviable location, with Manchester City Centre only a 12-minute train journey away and the Peak District on the doorstep. Manchester Airport is a short twelve-minute drive away and a train to London takes just over two hours. The M60 and M56 provide easy links to the M6 and beyond.
Surrounded by beautiful countryside and affluent villages, Stockport Town Center is a fantastic commuter location for residents looking for the best of both worlds. Lyme Park, Reddish Vale Country Park and Etherow Country Park all sit within the Stockport Borough.
Investing in Stockport
Stockport is an in-demand location. According to Rightmove, sold prices in Stockport over the last year (2020-2021) were 13% up on the previous year and 13% up on the 2018 peak. Additionally, there has been a 30.5% annual increase on people searching for property in the town.
Following the trends for the UK (as published by the Office for National Statistics) Stockport’s rental market shows the price of private rent rising continuously in all areas, demand increasing and available housing stock decreasing. This has created a perfect market for buy-to-let investors who can take advantage of high demand for rental property in an area set for high capital gain and rental yield growth.
Stockport town center is arguably one of the UK’s prime and best-connected business locations.
A growing number of jobs are being created as businesses recognize the skilled workforce and key location. Stockport is growing and looking to the future, creating new commercial districts, such as Stockport Exchange, that will complement the heritage of the town.
It is home to both big business and creative industries, with companies such as MusicMagpie and Stagecoach calling the town home.
OPPORTUNITY SUMMARY
- Units from £130,000
- Excellent location
- Manchester City Centre only a twelve-minute train journey away
- 22 luxury apartments
- Fully managed
- Balconies and terraces in some apartments
- Completion Q1 2023
