2 The Grove, Stockport, Cheshire, SK2 6QU
- Unconditional Online Sale
- Offers in Excess of : £550,000
- Bedrooms: 8
- Bathrooms: 7
Fully Compliant 8-Bed 7-Bath HMO (6 Ensuites) | £65,400 Annual Income | 11.89% Gross Yield | Prime Stockport Location | Near Manchester & Employers | Professional Tenants | Excellent Rail & Road Links
Description
This spacious 8-bedroom HMO—featuring seven bathrooms with six ensuite rooms—offers a compelling high-yield investment opportunity in a prime Stockport location. Fully let to working professionals, the property generates £65,400 in annual rental income, delivering an impressive gross yield of 11.89% with consistent occupancy and dependable cash flow. Offering generous accommodation ideally suited to professional tenants, the property is strategically positioned close to Manchester, major employers, retail centres, and a wide range of local amenities, supporting strong and sustained rental demand. Excellent rail connections to Manchester and London, together with convenient access to the M60, M56, and A6, further enhance its appeal to commuters and working professionals. Supported by the transformative Stockport Town Centre West regeneration, the Mayoral Development Corporation's ambitious redevelopment plans, and continued transport infrastructure investment, the area is well positioned for sustained tenant demand and long-term growth. This asset represents a resilient, income-generating investment with outstanding yield potential and attractive long-term growth prospects in one of Greater Manchester's most established and well-connected rental markets.
Income Breakdown (Monthly)
| Room 1: £700 |
| Room 2: £700 |
| Room 3: £600 |
| Room 4: £725 |
| Room 5: £725 |
| Room 6: £700 |
| Room 7: £600 |
| Room 8: £700 |
| Total Monthly Income: £5,450.00 |
| Total Annual Income: £65,400.00 |
Expenditure Breakdown (Monthly):
| Gas and Electric: £450 |
| Water: £98 |
| Council Tax: £212 |
| TV Licence: £15 |
| Broadband: £42 |
| Cleaner: £140 |
| Management (4% + VAT): £261 |
| Maintenance reserve: £145 |
| Gardening: £25 |
| Insurance: £49 |
| Total Monthly Expenditure: £1,437.00 |
| Total Annual Expenditure: £17,244.00 |
Investment Performance:
| Net Annual Income: £48,156.00 |
| Gross Yield: 11.89% |
| Net Yield: 8.76% |
Committed Sale Process
This property is offered for sale via the HMO X Committed Sale process. Buyers are advised to review the full Terms & Conditions of sale and all documentation contained within the legal pack before making an offer.
If your offer is accepted, a £3,500 reservation deposit will be required to secure the property and remove it from the market. The deposit is not a buyer’s fee and will be credited toward the purchase price on exchange.
Full details of the Committed Sale process are available within the legal pack or from the HMO X team.
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Financing
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