Stockport Metropolitan Borough is situated in the South East of Greater Manchester, positioned between Manchester itself and Tameside.
The largest town in Stockport Borough is Stockport itself and other major hubs are Cheadle Hulme and Reddish.
Across the Borough there is a mixture of older Victorian stock, 1930’s bay fronted semis and ex local authority housing. Around the town centres you can also find new build apartment and Mill conversions. A typical gross yield in Stockport is around 5.5%-6.5%.
A standard 3 bed Victorian Terrace in Stockport Town and surrounds costs around £160K and will rent for around £750 per month. Semi’s cost slightly more at £180-£200K and will rent for between £800-£1000 pcm.
The prices in Bramhall and Cheadle Hulme to the south and West of Stockport are slightly higher and yields slightly lower, but here you can expect more capital growth over the next few years due to desirability and affluence in these areas.
Plans were announced in early 2020 to extend the Manchester Metrolink to include Stockport. This will dramatically reduce journey times in to the City Centre and will likely result in an increase in rental demand and possibly house prices in coming years.