Sold STC Flat

Joseph Street

Marple, Stockport, Cheshire, SK6 6BH

4 baths Listed 21 Jan 2025 (-558d)

£1,175,000

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# 8 bedroom apartment for sale (SK6 6BH)

## Property Details

| Key | Value |
|-----|-------|
| Address | Joseph Street, Marple, Stockport, Cheshire, SK6 6BH |
| Price | £1,175,000 |
| Bathrooms | 4 |

## Description

Located in the heart of Marple this unique development comprises 4 stunning residential apartments spanning across the first and second floors 1, 2, 4 & 6 Joseph Street these are all currently let out on varying lease start dates which we can confirm details of to interested parties. To the ground floor are three commercial premises (businesses unaffected) all currently let again with details of the leases available with the premises currently being used as a Hair salon, Pilates studio and an office.The total currently monthly rent roll for the development is £5,915pcm or £70,980 PA = 6% Gross Yield Per Annum. There is scope for increase on the current rents and we believe circa 7% Gross Yield can be achieved.

Close to local amenities including shops, bars and restaurants plus the canal only a short walk away and stunning countryside. This is a unique opportunity to purchase a ready made income generating investment in a prime location. Please contact our office for further details.

## Property Photos

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## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| CHAPEL COURT 4 CHADWICK STREET, MARPLE, STOCKPORT, GREATER MANCHESTER, SK6 7AX | £125,000 | 11/10/2022 | Flat |

**Area average:** £125,000 (1 sale)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £211,000 (12 Flat, SK6, 2024–2026)
- **Deviation:** +456.9%

## Rental Range

*ONS Price Index of Private Rents (Stockport). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £995/mo
- **Realistic:** £1,105/mo
- **Optimistic:** £1,216/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Oldham & Rochdale (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Marple Bank Apartments, SK6 | £1,075/mo | 1 | 0.12 miles | OpenRent |
| 1 Bed Flat, Marple Bank Apartments, SK6 | £1,250/mo | 1 | 0.12 miles | OpenRent |
| Studio Flat, Marple, SK6 | £450/mo | 1 | 0.14 miles | OpenRent |
| 1 Bed Flat, Stockport Road, SK6 | £995/mo | 1 | 0.31 miles | OpenRent |
| 1 Bed Flat, Lower Fold, SK6 | £900/mo | 1 | 0.64 miles | OpenRent |
| 2 Bed Flat, Lower Fold, SK6 | £1,100/mo | 2 | 0.64 miles | OpenRent |
| 1 Bed Flat, Lower Fold, SK6 | £650/mo | 1 | 0.7 miles | OpenRent |
| 1 Bed Flat, Newton Villa, SK6 | £695/mo | 1 | 0.7 miles | OpenRent |
| 2 Bed Terraced House, Compstall Road, SK6 | £1,180/mo | 2 | 1.03 miles | OpenRent |

**Average rent: £922/mo (9 listings)**

## 1% Rule

- **Rent ratio:** 0.08% (weak for cashflow)
- **Max investor price (0.8%):** £124,375
- **Target investor price (1%):** £99,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £995/mo).*

- **Gross yield:** 1%
- **Cost-to-rent:** 98.4×
- **Monthly cashflow:** £-3,757/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -13.2%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -22.3%
- **10y growth:** 77.7%

## House Price Index (HM Land Registry)

*Official index for Stockport; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -0.5%
- **5y growth (index):** 10.6%
- **10y growth (index):** 45.7%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Tenure

LEASEHOLD

Local average

£211,000 (+456.9%)

Deprivation

Decile 4 (12,851 of 33,755)

Street crime

0 incidents within 1 mile (May 2026)

Key features

PRIME LOCATION
INVESTMENT OPPORTUNITY
MIXED COMMERCIAL & RESIDENTIAL DEVELOPMENT
LOCATED IN THE CENTRE OF MARPLE
COMPRISES COMMERCIAL PREMISES AND APARTMENTS
6% GROSS YIELD WITH POTENTIAL OF INCREASE!

Additional details

Electricity: Mains supply
Water: Mains supply
Sewerage: Mains supply
Parking: Off street
Flooded in last 5 years: No

Description

Listed by

Marple

Lawler & Company Ltd

Reference: 157173857

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

No sales history found for this property in Land Registry Price Paid data.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
CHAPEL COURT 4 CHADWICK STREET, MARPLE, STOCKPORT, GREATER MANCHESTER, SK6 7AX	£125,000	11/10/2022	Flat

Area average: £125,000 (1 sale)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -22.3%

10y growth 77.7%

House Price Index (HM Land Registry — official index, not sold-price averages): Stockport. Series: Flats and maisonettes. As of April 2026.

1y (index) -0.5%

5y (index) 10.6%

10y (index) 45.7%

Rental Range

Estimated market rent for Stockport. Low = conservative, Realistic = average, Optimistic = best case.

Low £995/mo

Realistic £1,105/mo

Optimistic £1,216/mo

Based on Local Authority from postcode lookup → Stockport.

LHA (30th percentile) floor for Oldham & Rochdale: Apr 2025 – Mar 2026

Location

Map view View on Google Maps View on OpenStreetMap Street View SK6 6BH

Address

9 Stockport Road

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Wilson's	0.1 miles
Bus stop	Marple, Stockport Road / Navigation (Stop A)	0.1 miles
Bus stop	Marple, Stockport Road / Navigation (Stop C)	0.1 miles
Shop	Bargain Booze	0.1 miles
Train station	Marple	0.5 miles
Train station	Rose Hill Marple	0.6 miles
Hospital	Park Lodge Independent Hospital	1.8 miles
Hospital	The Meadows	2.5 miles
University	UK Management College	6.8 miles
University	University of Manchester Fallowfield Campus	7.1 miles

Street-level crime

Category	Count
Total incidents	0

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
All Saints Church of England Primary School Marple	Primary	0.2 miles	Good — 28 Mar 2014
Acorns School	Other	0.3 miles	Good — 28 Apr 2022
Brabyns Preparatory School	Other	0.3 miles	— (No rating)
Rose Hill Primary School	Primary	0.5 miles	Good — 15 Dec 2022
St Mary's Catholic Voluntary Academy	Primary	0.7 miles	Good — 27 Jun 2024

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
1 Bed Flat, Marple Bank Apartments, SK6	£1,075/mo	1	0.12 miles	OpenRent
1 Bed Flat, Marple Bank Apartments, SK6	£1,250/mo	1	0.12 miles	OpenRent
Studio Flat, Marple, SK6	£450/mo	1	0.14 miles	OpenRent
1 Bed Flat, Stockport Road, SK6	£995/mo	1	0.31 miles	OpenRent
1 Bed Flat, Lower Fold, SK6	£900/mo	1	0.64 miles	OpenRent
2 Bed Flat, Lower Fold, SK6	£1,100/mo	2	0.64 miles	OpenRent
1 Bed Flat, Lower Fold, SK6	£650/mo	1	0.7 miles	OpenRent
1 Bed Flat, Newton Villa, SK6	£695/mo	1	0.7 miles	OpenRent
2 Bed Terraced House, Compstall Road, SK6	£1,180/mo	2	1.03 miles	OpenRent

Average rent: £922/mo (9 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.08%

Max investor price (0.8%) £124,375

Target investor price (1%) £99,500

Gross yield 1%

Cost-to-rent ratio 98.4×

Monthly cashflow £-3,757/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -13.2%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).