£500,000
(£159.29/sq. ft)
Block of flats for saleFulmar Drive, Stockport SK2
3,139 sq. ft
About this property
Residential block
The flats can be bought as a whole or broken up into smaller lots if required. Minimum purchase would be 2 flats.
Location
The property is located in the area of Bosden Farm, in stockport. The area is predominantly residential, with the retail on the parade serving the local community. Local amenities for the area are goo, with Stockport Golf Club is situated approximately 600 metres away, whilst Stepping Hill Hospital is situated approximately 1 kilometre away, making this area there.
Description
The flats are situated on the first floor, which is accessed via a staircase to the side of the building. The investment comprises of 5 residential units, with 2 vacant and 3 on AST’s.
Price Offers in the region of £500,000 (five hundred thousand pounds) for the long leasehold interest. This represents a low capital value of £159.28 psf, which is less than replacement cost.
The purchaser may qualify for multi-unit relief on stamp duty. They should rely on their own enquiries in this regard.
VAT The premises are not elected for VAT
EPC Rating tbc
Tenure A new 999 year long leasehold at a peppercorn ground rent.
Anti money laundering procedures In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 the Purchaser will be required to comply with our Anti Money Laundering policy. Further details on request.
Location
The property is located in the area of Bosden Farm, in stockport. The area is predominantly residential, with the retail on the parade serving the local community. Local amenities for the area are goo, with Stockport Golf Club is situated approximately 600 metres away, whilst Stepping Hill Hospital is situated approximately 1 kilometre away, making this area there.
Description
The flats are situated on the first floor, which is accessed via a staircase to the side of the building. The investment comprises of 5 residential units, with 2 vacant and 3 on AST’s.
Price Offers in the region of £500,000 (five hundred thousand pounds) for the long leasehold interest. This represents a low capital value of £159.28 psf, which is less than replacement cost.
The purchaser may qualify for multi-unit relief on stamp duty. They should rely on their own enquiries in this regard.
VAT The premises are not elected for VAT
EPC Rating tbc
Tenure A new 999 year long leasehold at a peppercorn ground rent.
Anti money laundering procedures In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 the Purchaser will be required to comply with our Anti Money Laundering policy. Further details on request.
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