0 Bedrooms for sale in Wellington Road South, Stockport SK1 | £ 380,000
Overview
| Price: | £ 380,000 |
|---|---|
| Contract type: | For Sale |
| Type: | |
| County: | Greater Manchester |
| Town: | Stockport |
| Postcode: | SK1 |
| Address: | Wellington Road South, Stockport SK1 |
| Bathrooms: | 0 |
| Bedrooms: | 0 |
Property Description
****bmw deal in manchester**** stockport
Key Points
Purchase Price: Offers Over £350,000
Refurb's: £100,000 ( 6 to 8 Flats)
Current Market Value: £400-£4250,000
Fair Market Value After Refurb : £725-£750,000
Property Briefly Compromises Of
3 floors and 2 basements Ground floor – Commercial (Was Bridgeford’s for 30years)
First floor – 5 rooms, 2 toilets, kitchen
Second floor – 4 rooms, kitchen and bathroom
The property in brief comprises of 2 large basements with separate entrances Large Commercial shop with A5 use
9 rooms over 2 floors
The property benefits from gas central heating with each floor having its own supply.
The property is within close proximity to Stockport and all major transport links to Manchester city centre.
To reserve this property a sum of £2500 will be taken.
If the property was turned in to 9 besets with a Commercial property on the ground floor you would have a a income of 55,000 a year.
Not including use of the basements. With the basements converted you could add another 15k to your income.
Giving you a yield of over 13%.
975 sqft x 3 floors = 2871 Max / 85% for stairs and runs, 2440 sqft Useable Space
Properties are available on a first come first served basis
If you would like to reserve this property, please call Nextoria direct
Property Location
Property Marketed by Nextoria Ltd
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