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281 Wellington Road South, Stockport, Cheshire

Offers in excess of £200,000

ATTENTION BUY-TO-LET INVESTORS - this PAIR of fully renovated apartments have just come to the market and make a great investment. The apartments have undergone a back to brick renovation, including: new dry line plaster and skimmed throughout, new electrical re-wire, new gas central heating systems and boiler with 5 year guarantee, new timberwork throughout, new roof with 25 year guarantee, new windows throughout, new kitchens and bathrooms, fully decorated throughout, new carpets, fully insulated and holds an acoustic report in line with planning permission.

Located on Wellington Road South close by to local shops, schools, parks and transport links, the two apartments comprise of:
Apartment One - Ground floor plus full footprint cellars - communal entrance to private entrance hallway, front lounge, a kitchen to rear with door leading to rear parking, a double bedroom, a spacious three piece bathroom, and full footprint cellars (Access from the kitchen).
Apartment Two - A duplex apartment occupying floors one and two - communal entrance to stairs which lead up to a private entrance hallway, a lounge, a spacious dining kitchen, two double bedrooms with velux windows, a three piece shower room, and a separate two piece wc. The property also includes one parking space to rear.

RENTAL - We estimate a rental return of £525 to £550 for the one bedroom and £625 to £650 for the two bedroom which, based on the current asking price of £200,000, creates an annual yield of 6.9% to 7.2%
  • Square Footage: 1342 ft²
  • Council Tax Band: L
  • Tenure: 20PA
  • Service Charge: TBC
  • Sat Nav Directions: SK2 6NG

Please note these particulars have been prepared as a general guidance only. A survey has not been carried out, nor services, appliances or fittings tested. Room sizes should not be relied upon for furnishing purposes and are approximate. Floor plans are for guidance and illustration only and may not be to scale. Neither Julian Wadden & Co, nor the vendor, accept any responsibility in respect of these particulars and if there are any matters likely to affect your decision to buy please consult your legal representative.

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