Investment Information\r
-\tProperty Address: 83 Fox Street, Stockport SK3 9JY\r
-\tAsking Price: £335,000\r
-\tNumber of bedrooms: 5\r
-\tNumber of bathrooms: 5 \r
-\tCommunal living room and kitchen\r
-\tProperty spans over 3 floors\r
-\tFull HMO license \r
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Pure Investor is delighted to bring to the market this 5-bedroom, mid terraced property in Edgley, Stockport, Greater Manchester. Stockport has benefited from a huge 1-billion-pound investment with its main aim3 for the town centre to be a multi-purpose hive of activity where people can live, work, shop, and enjoy community services. \r
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The property consists of 5 bedrooms each with en-suites. The property has been finished to a very high standard throughout with communal kitchen and living space that would be the envy of most homeowners and renters. The property comes fully furnished throughout and has a full HMO licence.\r
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Edgeley is conveniently located a 5-minute walk from Stockport Train Station, Bus Station, and the M60 Ring-road. Presenting excellent transport links across South Manchester and into the city centre. Therefore, you have an abundance of tenants living in the area that will commute into the city centre.\r
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Aside from the close proximity to transport links, Edgeley is also conveniently located close to lots of green spaces, such as Alexandra Park. You are also a short walk into Stockport Centre with the new wave of bars, restaurants, and independent shops opening.\r
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In terms of the types of properties in Edgeley, there are rows upon rows of large, period terrace houses. These are perfect homes for young working professional couples and those looking to start a family. With high ceilings, generally two large reception rooms, and outside space to the rear, it ticks a lot of boxes for tenants looking to rent in Stockport.\r
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Edgeley has gone from strength to strength over recent years, and I do not see it slowing down anytime soon. There are strong rental returns to be had in the area, coupled with capital appreciation on the properties themselves. It is certainly an area I would advise you to invest in if you have not already. \r
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Mortgage Finance For HMO Properties\r
We partner with a mortgage broker who offers a specialist service for HMO mortgages and related finance. Experienced investors will understand that mortgages for HMO are based on different criteria than your standard residential buy-to-let. In particular, the ability to secure an investment valuation for the HMO (as against a bricks-and-mortar valuation) can often be the deciding factor on whether or not you are able to proceed with the purchase.\r
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If you are looking to invest in an HMO property, and are currently considering your options for finance, please let us know and we would be delighted to make an introduction on your behalf.