Will Edgeley continue to boom?
Welcome to week 4 of the Blog Posts.
This week I want to focus on Edgeley. It is an area I have seen grow rapidly in popularity amongst tenants over the last 12 months, with rental prices consistently exceeding expectations. So why is this?
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.
Edgeley has gone from strength to strength over recent years, and I do not see it slowing down anytime soon. There are strong rental returns to be had in the area, coupled with capital appreciation on the properties themselves. It is certainly an area I would advise you to invest in if you have not already.
For more advice on the area and types of properties to invest in, depending on your individual investment needs, please reach out to me on either email@example.com or 07384 810881.
Liam Foster – Lettings & Investment Manager – Stockport