(covering SK1, SK2 and SK3)

Month: March 2017

Julian Wadden Stockport Exchange are supporting RED NOSE DAY for COMIC RELIEF!

Meet the team supporting Red Nose day for Comic Relief…

  • Andrew Smirthwaite – Branch Manager wearing Snootankhamun
  • Gemma Francis – Lettings Manager wearing Sniffer
  • Melissa Harrison – Senior Negotiator wearing Sneezecake

We loved wearing our red clothes and red noses and hope to make lots of money for Comic Relief!  Please donate!

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What a lovely spring morning to wake up to…. and good morning investors!

Good Morning Investors!  I hope my blog post today finds you well and that you are enjoying the lovely spring weather…

Today, I am bringing you a fantastic new development opportunity on Eryngo Street in Offerton.  The property is currently on the market with Purple Bricks, (who are an online agent) and they are advertising this fantastic 4 bedroom period cottage for £130,000.  It is located on a beautiful pedestrianised, cobbled street tucked away from the main road yet close to local amenities and the popular recreational space of Woodbank Park.   From the pictures online it looks as though the property has recently undergone a renovation, but I would definitely advise a viewing to check this!  That being said, I don’t believe that for an Investor looking to rent the property out any works would be required and I would expect the property to be able to achieve £725-£775 Per Calendar Month.  This would give a yield of 6.69% to 7.15% which is an amazing return!  Please find a link to this lovely house below…

If you would like any more information on this property, or if you would like me to arrange a viewing for you and carry it out on your behalf please do give me a call on 0161 474 8668.

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the voice auditions are coming to stockport!

Popular ITV show, The Voice, is coming to Stockport, offering you the opportunity to audition. The auditions are being held on Sunday 30th April 2017, from 7pm. The location is Remedy Bar and Brewhouse, Market Place, Stockport Centre. Its a great opportunity for any unrecognised superstars out there to get their name out to the public.

Click here for more information

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what is the property tenure composition in stockport?

One of the real tests to see if an area is suited to your tastes is to look at the composition of the household tenure types. In Stockport, the mix of different household tenure types is as follows:

Owned outright 26.2%
Owned with a mortgage 38.5%
Shared ownership 1.4%
Social rented 19.5%
Private rented 14.4%

(Dated April 2017)

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household size mix in stockport

From individuals to large families, the spread of household size can indicate the likely availability of appropriately sized properties. The most common size of household in Stockport is one occupant, and makes up 34.1% of the total households in the area.

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another big town centre development changes hands!

Unsurprisingly, another large commercial building has now been purchased by a developer, with the intention to convert it in to residential accommodation. Regal House is perfectly located on Duke Street, off Petersgate and has planning for circa 110 apartments, so investors stay tuned.

If you are looking at a similar project then please click here to read how we at Julian Wadden can help you with your development…

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investment property of the month

We brought this property to the market earlier this week and it really is a great investment. On the market for £108,000, the two bedroom terraced property is great value due to it’s fantastic central location, opposite Stockport College. We estimate a monthly rental income of £650 which creates an annual yield of 7.2% based on the current asking price – you will need to be quick!

Follow the link for more photographs and information…

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