stockport property blog

(covering SK1, SK2 and SK3)

The iconic Stockport Pyramid hits the market!

Cushman & Wakefield have been instructed by current owners, the Co-operative Bank, to sell the landmark building.

The building was formerly home to the Co-operative Bank but following a decision to relocate to other sites, it became surplus to current requirements. The bank had occupied the building in its entirety since 1995.

The Pyramid comprises 86,000 sq ft of office accommodation arranged over five floors with 426 onsite car parking spaces. It has been brought to the market with an asking price of more than £4.5m

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Stockport Carnival – This Saturday, 21st July!

The Stockport Carnival, which this year has a Summer Holiday theme, comes to town this Saturday. The procession will set off at 1pm on Belmont Way and is due to arrive at Woodbank Park at Approximately 2pm. There will also be a funfair starting at 10.30am and a mammoth all day Car Boot sale which kicks off at 9am.

Find out more on the popular annual event here…

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Stockport’s The Allotment acclaimed in The Times as number one Vegan Restaurant in the country

Camilla Fayed wrote the below recently in The Times:

“Matt Nutter won the title of Chef of the Year last year at the Manchester Food and Drink Awards for his sophisticated take on vegan cooking at this simple bistro. Garden implements hang on the walls alongside a display of pickled, preserved and fresh produce, underlining that the menu is created from locally sourced, seasonal vegetables and fruit. The ten-course tasting menu is packed with creative dishes, including the signature shiitake mushroom parfait and a hibiscus, fennel and beetroot dessert”

This is another big win for Stockport thriving food scene!

 

 

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Welcome to Sheila

Welcome to Sheila who has joined our busy Stockport team as a Professional Viewer.

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Commuting distances

Measuring commuting distance might seem a little obscure but it actually offers a particularly good insight into the character of any local housing market. For example, commuter towns tend to really come alive at the weekends but are quieter in the week. Areas where most people work locally will have a stronger community feel day-to-day.

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Fluctuations in prices over recent years

It won’t come as any massive shock that houses are generally worth more than flats in our area. However, when it comes to the movements over time, these two broad types of property do not always behave similarly. Here we see how flats and houses have varied in price.

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Sales levels in recent months by type

The property market fluctuates on a seasonal basis, and this is particularly the case for sales rates. This chart shows how the market has changed over the course of the last few months. The most recent periods are estimates based on the previous year’s pattern.
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the sun is shining on this investment opportunity with a 6% yield for a lovely three bedroom semi-detached house in offerton, sk2

Hello Readers!

In this amazing weather, its all about having a garden… a lovely lawned garden, with just the right amount of sun lasting throughout the day into the evening.  So, with this in mind I wanted to find you a property with a lovely garden to sunbathe and BBQ in, in the summer but something that also had an excellent yield and I have found just the property on Webb Lane, Offerton.

This property is currently on the market for a very fair price of £170,000.  It is fully refurbished and if the pictures paint a true representation then the property is finished to a very high standard and when purchasing this property as an investment it looks as though you would not need to lift a finger.  With a modern colour scheme throughout (noteably grey and white!) the property looks contemporary, fresh and very appealing – all the things that will really appeal to a tenant when they are looking to rent, and I think this would fly off the lettings shelves!

I wanted to bring you a property this month, not only with a good yield and a great garden, but also something with three bedrooms!  The market is quite saturated at the moment with two bedroom terraced houses as the investors have snapped them up, so something like this which is a little larger and well presented is just what the lettings market needs.  A beautiful, smart family home.

Purchasing this property for £170,000 and renting it out for £850pcm will give you a great yield of 6%.  So if you are looking for something a little different, this is your property!

For any questions about this property, other similar properties or if you are simply looking to invest in Stockport and would like some advice then please do not hesitate to contact me on 0161 474 8668.

Happy investing, Gemma Lowe

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