Discounted apartments offering high yield return from day 1
Discount Property Investments are delighted to have secured an excellent off market, exclusive opportunity offering a small selection of fully tenanted and income producing 2 bedroom apartments, in Stockport, Greater Manchester.
Offering up to £25,000 discount against list price and local comparables, these apartments will provide our investors with an income from Day 1. It is located close to a number of large employment centres, just 0.8 miles to Stockport Train Station and a 10 minute journey to Manchester City Centre.
About the Area
Stockport is undergoing mass regeneration with millions being invested in to the immediate area which will transform Stockport town centre into a business and leisure hub. Council bosses have committed millions t a variety of projects as they are determined to make Stockport a business and leisure hotspot in Greater Manchester.
Phase 1 of the Stockport Exchange Development, a £22 million £1,000 space multi storey car park was completed last year. Phase 2, near the train station is underway and will include a new office building and a 120 bed hotel. There will also be improvements to nearby public spaces.
The Bridgefield project, which will see a 10-screen cinema, food and drink outlets, shops and a 320-space multi-storey car park next to Debenhams, is planned with the opening pencilled in for late 2016 / Early 2017.
The new car park will link to Debenhams and Merseyway car parks, creating a total of 1,200 spaces. The Light Cinemas have been announced as the tenant for the development that will also have a licensed café bar.
There will also be a new public square linking to the rest of the town centre.
Another huge plus for Stockport is that it is located just 15 minutes from Manchester Airport. Which is currently benefitting from an £800 million redevelopment, making it the UK’s first ‘airport city’. With almost 5 Million Sq Ft of commercial office space, the potential for employment is obvious.
As with many northern cities, Stockport is undergoing an exciting renaissance, with new homes and shops, entertainment and leisure facilities attracting young metropolitan urbanites who want to enjoy an exciting and vibrant lifestyle – but close to the country and with the kind of choices that big city living simply can’t deliver. For those seeking such a rare balance, Wellington Court offers the perfect solution, near to the heart of Stockport, yet within easy reach of countryside and the whole South Manchester area, this sophisticated and brilliantly designed apartment development has major appeal for investors.
Wellington Court comprises just fourteen 2 bedroom apartments over four floors, each comprising an ergonomic open plan kitchen designed for modern living and low maintenance. All apartments include a range of integral appliances, plus plenty of storage space. The kitchen area leads on to a spacious area ideal for entertaining and relaxation and the two bedrooms are served by a modern white bathroom suite with a shower over the bath, complemented by chrome fittings.
Situated adjacent to the A6, Wellington Court is ideally located between Heaton Moor and Stockport, providing an accessible commute by car into central Manchester, and is just a short distance from Stockport railway station. In addition, the M60 Manchester orbital motorway is conveniently close, providing access to the whole of the Manchester area, as well as to the M62 Leeds Liverpool motorway.
Agent(s) for this Listing
Discount Property Group
Phone: +44 (0)7778 299 103