Property Information
Address:
5-15 Kingsleigh Road, Stockport, Cheshire
, SK4 3QF
, Cheshire
, United Kingdom
Price: Buy: POA
Size: SOA
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH691233
Property Ref/Agent: 1461
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: June 16, 2024
Property description
The property is positioned on the northern end of Kingsleigh Road, within the well-established and highly populated area known as "The Heatons".
The property is approximately 3.0 miles north-west of Stockport Town Centre and 5.0 miles south of Manchester City Centre. The village of Heaton Chapel is approximately 1.4 miles east. Train stations nearby include Burnage (0.8 miles west) and Heaton Chapel (1.3 miles east).
The property comprises a mixed-use investment, comprising four retail units (5-9, 11, 13 and 15) at ground level with five flats (5a, 7a, 9a, 11a, 13a and 15a) to the first floor which are separately accessed via staircases to the rear. The property is constructed of brick elevations beneath a pitched roof.
All residential units have UPVC double glazed windows and benefit from gas central heating except from Flat 7a which has electric radiators.
Externally, there is a demised yard at the rear of the property. There is free, on street parking at the front of the property.
A dataroom is available which includes the leases, photos, title documents and EPCs.
Attractive net initial yield of 8.53%
Fully occupied with an annual income of £89,922pax
Prominent roadside location
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