For those of you who make the journey through Marple on Stockport Road each morning it is difficult to miss the collection of boards, both for sale and to let, outside Norbury Mews. This block, at the moment, can only be sold to a cash buyer due to the lack of a formal management company being in place.
Because of this, the pricing is relatively low at Offers Over £100,000. The expected rental return on this one is £550 per month, especially with the garage and utility room to the ground floor of the block, so worst case scenario the yield is propping up the purchase at 6.5%.
The vendor has already vacated, so the apartment is being sold with no chain, and if you are looking to buy cash we would be looking to hopefully get you done and dusted before the stamp duty deadline.
If you want a bit more information on the apartment you can either check out the advert here you can watch the video below, or give us a call on 0161 427 0733.