- Buy-to-let property investment +
- Being sold with the current tenant in situ who's current contract runs till December +
- Current rental income of £985pcm, potential rental income of £1,200pcm +
- Close to Stepping Hill Hospital +
- Popular residential location +
- Fantastic appreciation on both rental and property value +
Pure Investor is delighted to bring to the market this two-bedroom semi-detached tenanted property. Please note that this property is being sold for investment purposes only.
Property Overview
- Tenure: Freehold
- Accommodation: Two bedrooms, semi-detached, with a modernised kitchen extension
- Energy Efficiency: Current EPC rating E. Since the inspection, a new boiler has been installed, and the kitchen extension roof has been redone with added insulation. These upgrades suggest that the EPC rating would likely increase; the landlord is open to commissioning a new EPC at the buyer's request.
- Income Potential: Currently let at £985 pcm, with tenancy ending December 2025. Market comparable suggests achievable rent up to £1,200 pcm
Investment Returns
Metric Current Projected
Annual Rental Income £11,820 £14,400
Gross Yield* (guide) 5.0% 6.12%
* Based on a guide value-Stockport average sale price around £299,000 to £301,000 (Feb-Apr 2025)
Property Management - A 'Hands-Free' Investment
Pure Investor offers a fully comprehensive lettings and property management service for investors throughout Greater Manchester, and as such would be able to offer investors a fully managed, hands-free investment solution. As of today, we fully manage over 150 properties throughout the region, allowing our investors the opportunity to capitalise on the high rental demand throughout Greater Manchester.
Summary
59 Islington Road presents a compelling freehold opportunity in a high-growth town:
* Immediate and projected strong rental returns
* Energy upgrades enhance value and efficiency
* Located in one of the UK's fastest-transforming towns
* Sub-£300k entry point into a booming market
* Excellent connectivity and community lifestyle
An investor could benefit from both robust income yield and notable capital appreciation, especially if capturing the rent uplift and new EPC.