34 Archer House, John Street, Stockport

34 Archer House John Street, Stockport, SK1 3FX
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£100,000 OIRO

Ref No: 20185
Call us on 0161 808 0010
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  • Property Features

    • Gross Yield Currently circa 6%
    • Modern Purpose Built One Bedroom Apartment
    • Good Rental Demand
    • Second Floor Position
    • Popular Town Centre Location
    • Allocated Car Parking Space
    • Open Plan Unfurnished Accommodation
    • Access Control & Lifts to all Floors
    • High Gloss Fitted Kitchen
    • Integrated Kitchen Appliances
    • Laminate & Carpet Flooring

    Property Summary

    ***TENANTED INVESTMENT PROPERTY*** An opportunity to purchase a modern one-bedroom apartment which was created in 2017 at the very popular Archer House development, located in the heart of Stockport Town Centre.

    Full Details

    ***TENANTED INVESTMENT PROPERTY*** An opportunity to purchase a modern one-bedroom apartments which was created in 2017 at the very popular Archer House development, located in the heart of Stockport Town Centre.

    • Sold by and Let & Managed by O’Connor Bowden since built in 2017;
    • Currently let by means of an ASTA, until 10th June 2022;
    • Current Rent £550.00 pcm;
    • Representing a Gross Yield of circa 6%.

    This is a spacious apartment located on the second floor and provides an open-plan living area with plenty of room to create a living / dining area within this ‘chic’ contemporary space, which is also complemented by a fitted high-gloss ‘white’ kitchen with built in appliances. In addition to the generous living area, the apartment benefits from a spacious bedroom with an en-suite bathroom with WC. Externally there is an access-controlled entry system to the communal areas with stairs and lifts to all floors. There is a private car park with an allocated car parking space for this property.

    The apartment includes the following;
    • Double Glazed Windows
    • Electric Panel Heating
    • Video Entry Access Control System
    • LED ceiling down lighters
    • Laminate and Carpeted Flooring
    • TV points in Living room & Bedroom
    • Rental Furniture Pack Included
    • Contemporary white high-gloss Kitchen Units
    • Built-in oven, hob, extractor hood
    • Washer / Drier
    • Fridge / Freezer
    • Modern Bathroom Suite with shower over bath
    • Lifts to all Floors
    • Allocated Car Parking Space

    As the initial sales agent for the ARCHER HOUSE, O'Connor Bowden have been involved in this development since the early planning and throughout construction, helping to ensure the completed apartments suit the needs of its residents. The result is a fabulous development of 75 apartments, each with parking, located in the Stockport Town Centre and within the heart the town's business district.

    The apartment and communal areas are 'white and bright'. Gloss fitted kitchens with high end touches and integrated appliances combine to provide contemporary and practical open-plan living accommodation. The bedroom is a double sized room and the bathrooms are fitted with white bathroom suites with modern fixtures and fittings.

    To complete the finish and design of this amazing 'chic' looking apartment, the property benefits from laminate, carpeting and tiled flooring and modern window coverings.

    Due to the town centre location, close proximity to the town's business district and ease of commuting to nearby Manchester City Centre, by road and rail and the real regeneration, re-development and growth plans of Stockport Town Centre, apartments at Archer House are often in high demand from professional residents seeking both convenience and the town centre living experience.

    Archer House is located in the heart of the town's business district, behind Stockport Law Courts and adjacent to the Town Hall and numerous Government office buildings. You could not get a better position for a young professional working in one of the many offices in Stockport. The location provides residents with the convenience for accessing their workplace, numerous town's bars and restaurants nearby for evening entertainment and at the weekend, the town's vast shopping centre and historic market is immediately on hand. Archer House is close to Stockport Collage Campus. The region's main hospital, Stepping Hill, is approximately 1.8 miles south of the development. Stockport is situated to the south of Manchester between Manchester itself and the Cheshire town of Macclesfield. Stockport is only 40 miles from Chester and Liverpool on the east coast and with equal distance to Sheffield on the western edge of the Pennines. Manchester International Airport is approximately 8 miles away making the area a popular housing location for airport workers.

    The property is located adjacent to the A6, Wellington Road South the main southern artery road leading towards Manchester City Centre. Stockport Bus Terminus and main line railway station for Manchester to London is both a five-minute walk away. The railway station is already one of the best-connected town centre stations in the UK. For drivers, the M60 orbital motorway is accessed from the town centre at junction 1, within a couple of minutes from the apartment.

    Shopping and retail business is centred in and round "Merseyway" retail centre and hosts numerous high street vendors such as River Island, Next, Primark and Debenhams. The vast retail area is also supported by the large Historic 'old town' Market and Victorian Market Hall together with the Peel Centre, a large modern retail park also adjacent to Merseyway. There are three large superstores in town, Tesco Extra, Sainsbury's and Asda. The new Redrock Leisure destination is to the north side of Merseyway and is Stockport's latest Urban Realm with a 10-screen multiplex cinema, entertainment areas, shops, restaurants, bars and cafes.

    Key Amenities & Facilities include:
    • Mersey Way Shopping Centre
    • Historic "Old Town" & Market Place
    • Redrock Leisure destination
    • Stockport Exchange Office Complex
    • Stockport Railway and Bus Terminus

    The EPC band is currently C

    The property is Council Tax Band - A

    This property is offered for sale by means of private treaty and on subject to contract terms.

    This property is offered as a tenanted sale, WITHOUT vacant possession on completion.

    A summary of the current tenancy terms are:
    • Sold by and Let & Managed by O’Connor Bowden since built in 2017;
    • Currently let by means of an ASTA, until 10th June 2021;
    • Current Rent £550.00 pcm;
    • Representing a Gross Yield of circa 6%;
    • Written tenancy details available on request.

    We understand the property is subject to a long Leasehold title for 250 years from 2017.

    The ground rent is a £420.00 pa, which we understand to be subject to 5-yearly FRI reviews.

    The property is subject to annual service charge. We understand the service charge is currently £70.00 pcm.

    As agents, we have not checked any mains or private utility services at this property, neither have we received confirmation or sought confirmation from the statuary bodies of the presence of these services and their function. We cannot confirm services are in working order. We have not checked any of the appliances, electrical, heating or plumbing systems at this property. All prospective buyers should satisfy themselves on these points prior to entering into a contract and we recommend and advise any prospective buyer to obtain advice and verification from their solicitor and / or surveyor on all matters.

    Due to the property being tenanted, the property may not be readily available for an internal viewing. In the first instance, please raise your interest with us and we will arrange a telephone meeting to discuss this property investment in more detail.

    Website Reference: 20185

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Contact O'Connor Bowden | Lettings, Management & Sales - Manchester and Cheshire

34 Archer House, John Street, Stockport


THE PROPERTY MISDESCRIPTIONS ACT 1991: The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the tenure of a property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned in the sales particulars. They may, however, be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract. All measurements are approximate

MISREPRESENTATION ACT 1967: The property details have been produced in good faith, are set out as a general guide and do not constitute the whole or part of any contract. All liability, in negligence or otherwise, arising from the use of the details is hereby excluded

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