For sale Flat

20 STITCH LANE

STOCKPORT, STOCKPORT, GREATER MANCHESTER SK4 2LS

2 beds 1 baths Listed 9 Oct 2026 (-12d)

£78,000

Guide Price

Reduced on 9 Oct 2026

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# 2 bedroom apartment for sale (SK4 2LS)

## Property Details

| Key | Value |
|-----|-------|
| Address | 20 STITCH LANE, STOCKPORT, STOCKPORT, GREATER MANCHESTER SK4 2LS |
| Price | £78,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £134,950 Sep 2007 |

## Description

TO BE SOLD BY ONLINE AUCTION ON 21ST-22ND OCTOBER 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS.

20 Wellington Court, Stitch Lane, Heaton Norris, SK4 2LS

Tenanted Two-Bedroom Ground Floor Apartment Producing £950 PCM

A two-bedroom ground floor apartment located in Heaton Norris, currently let at £950 per calendar month/£11,400 per annum.

This property represents a strong buy-to-let investment opportunity, with income in place from day one and potential to increase the rental income in the future, subject to tenancy terms and any necessary rental review. Comparable rental properties within approximately a quarter of a mile have achieved between £950 and £1,000 pcm per flat, highlighting the strength of the local rental market.

The property may also offer future resale potential once vacant, with a two-bedroom ground floor apartment close to Stockport town centre likely to appeal to a wider buyer pool, including first-time buyers, downsizers, owner-occupiers, and investors.

The accommodation comprises an entrance hallway, kitchen/living area, two double bedrooms, bathroom, and built-in storage.

Externally, the development provides permit parking to the rear and a bin collection area.

The property is situated close to Stockport town centre, with access to local amenities, transport links, Stockport train station, and the M60 motorway network. Stockport continues to be a popular residential location, with ongoing investment and regeneration supporting demand from both occupiers and investors.

EPC: D

Ground Rent: £200 pa

Service Charge: £201,02 pcm

## Property Photos

- ![A.JPG](/listings/photos/94132557/2547073) - A.JPG
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## Floorplans

- ![20 Wellington Court, Stitch Lane-high.png](/listings/photos/94132557/2547086) - 20 Wellington Court, Stitch Lane-high.png

## EPC Graphs

- ![EPC epcgraph.co.uk](/listings/photos/94132557/2547087) - EPC epcgraph.co.uk

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 20 STITCH LANE, STOCKPORT, GREATER MANCHESTER, SK4 2LS | £134,950 | 25/09/2007 | Flat |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 84 SOUTHDOWN CLOSE, STOCKPORT, GREATER MANCHESTER, SK4 1LD | £110,000 | 25/06/2025 | Flat |
| 35 DUNBLANE AVENUE, STOCKPORT, GREATER MANCHESTER, SK4 2LY | £125,000 | 02/10/2023 | Flat |
| 30 STITCH LANE, STOCKPORT, GREATER MANCHESTER, SK4 2LS | £135,000 | 11/05/2022 | Flat |

**Area average:** £123,333 (3 sales)

## Price vs local average

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

- **Local average:** £191,229 (36 Flat, SK4, 2024–2026)
- **Deviation:** -59.2%

## Rental Range

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

- **Low:** £1,007/mo
- **Realistic:** £1,119/mo
- **Optimistic:** £1,231/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for West Pennine (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £449/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, Cromwell St, SK4 | £1,250/mo | 2 | 0.06 miles | OpenRent |
| 2 Bed Terraced House, Athol Street, SK4 | £1,050/mo | 2 | 0.12 miles | OpenRent |
| 2 Bed Terraced House, Church St, SK4 | £1,100/mo | 2 | 0.16 miles | OpenRent |
| 2 Bed Flat, Princes Street, SK1 | £995/mo | 2 | 0.47 miles | OpenRent |
| 2 Bed Penthouse, Bridge St, SK1 | £1,150/mo | 2 | 0.57 miles | OpenRent |
| 2 Bed Terraced House, Mountfield Road, SK3 | £1,100/mo | 2 | 1.27 miles | OpenRent |

**Average rent: £1,108/mo (6 listings)**

## 1% Rule

- **Rent ratio:** 1.41% (strong)
- **Max investor price (0.8%):** £137,500
- **Target investor price (1%):** £110,000

*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 £1,100/mo).*

- **Gross yield:** 16.9%
- **Cost-to-rent:** 5.9×
- **Monthly cashflow:** £658/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 34.9%

*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:** 4%
- **10y growth:** 21.9%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** 1.1%
- **5y growth (index):** 12.3%
- **10y growth (index):** 40%

## 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)

Listing type

Auction

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Property details

Listing category

Auction

Tenure

LEASEHOLD (973 years remaining on lease)

Last sold

£134,950 Sep 2007

Local average

£191,229 (-59.2%)

Deprivation

Decile 2 (4,326 of 33,755)

Street crime

1 incident within 1 mile (Aug 2026)

Key features

TO BE SOLD BY ONLINE AUCTION
Tenanted ground floor apartment
Close to Stockport town centre
Rental growth potential
£950-pcm / £11,400 pa
Permit parking to rear

Additional details

Parking: Yes

Description

TO BE SOLD BY ONLINE AUCTION ON 21ST-22ND OCTOBER 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS.
20 Wellington Court, Stitch Lane, Heaton Norris, SK4 2LS
Tenanted Two-Bedroom Ground Floor Apartment Producing £950 PCM
A two-bedroom ground floor apartment located in Heaton Norris, currently let at £950 per calendar month/£11,400 per annum.
This property represents a strong buy-to-let investment opportunity, with income in place from day one and potential to increase the rental income in the future, subject to tenancy terms and any necessary rental review. Comparable rental properties within approximately a quarter of a mile have achieved between £950 and £1,000 pcm per flat, highlighting the strength of the local rental market.
The property may also offer future resale potential once vacant, with a two-bedroom ground floor apartment close to Stockport town centre likely to appeal to a wider buyer pool, including first-time buyers, downsizers, owner-occupiers, and investors.
The accommodation comprises an entrance hallway, kitchen/living area, two double bedrooms, bathroom, and built-in storage.
Externally, the development provides permit parking to the rear and a bin collection area.
The property is situated close to Stockport town centre, with access to local amenities, transport links, Stockport train station, and the M60 motorway network. Stockport continues to be a popular residential location, with ongoing investment and regeneration supporting demand from both occupiers and investors.
EPC: D
Ground Rent: £200 pa
Service Charge: £201,02 pcm

Listed by

Auction

Edward Mellor Ltd

Reference: 94132557

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location is outside the imported HM Land Registry INSPIRE registered freehold polygons.

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

20 Wellington Court, Stitch Lane-high.png

EPC Graphs

EPC epcgraph.co.uk

Price history

Event	Date	Price	% change
Listed for sale	—	£78,000	-42.2%
Sold	25/09/2007 (19 years ago)	£134,950	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

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

Address	Price	Date	Type
84 SOUTHDOWN CLOSE, STOCKPORT, GREATER MANCHESTER, SK4 1LD	£110,000	25/06/2025	Flat
35 DUNBLANE AVENUE, STOCKPORT, GREATER MANCHESTER, SK4 2LY	£125,000	02/10/2023	Flat
30 STITCH LANE, STOCKPORT, GREATER MANCHESTER, SK4 2LS	£135,000	11/05/2022	Flat

Area average: £123,333 (3 sales)

Capital growth trend

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

5y growth 4%

10y growth 21.9%

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

1y (index) 1.1%

5y (index) 12.3%

10y (index) 40%

Rental Range

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

Low £1,007/mo

Realistic £1,119/mo

Optimistic £1,231/mo

Based on Local Authority from postcode lookup → Stockport.

LHA (30th percentile) floor for West Pennine: £449/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View SK4 2LS

Nearby

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

Type	Name	Distance
Bus stop	Heaton Norris, Wellington Road N / adjacent Belmont Bridge	0.0 miles
Bus stop	Heaton Norris, Wellington Road N / at Belmont Bridge	0.0 miles
Shop	Tyler James	0.1 miles
Shop	Asda	0.2 miles
Hospital	Newlands Care Home	0.8 miles
Train station	Heaton Chapel	0.8 miles
Train station	Stockport	0.8 miles
Hospital	Withington Clinic	2.6 miles
University	Fallowfield Reception and Richmond Amenities Building	2.7 miles
University	Manchester School of Art	4.6 miles

Street-level crime

Category	Count
Violence and sexual offences	1
Total incidents	1

Within 1 mile during Aug 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 Stockport	Primary	0.2 miles	— (Inspected (no overall grade))
Moat House	Other	0.3 miles	Outstanding — 28 Mar 2019
St Anne's RC Voluntary Academy	Secondary	0.3 miles	Good — 27 Jul 2023
St Mary's Roman Catholic Primary School, a Voluntary Academy	Primary	0.4 miles	Inadequate — 18 Mar 2022
Whitehill Primary School	Primary	0.5 miles	Good — 15 Jan 2019

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Terraced House, Cromwell St, SK4	£1,250/mo	2	0.06 miles	OpenRent
2 Bed Terraced House, Athol Street, SK4	£1,050/mo	2	0.12 miles	OpenRent
2 Bed Terraced House, Church St, SK4	£1,100/mo	2	0.16 miles	OpenRent
2 Bed Flat, Princes Street, SK1	£995/mo	2	0.47 miles	OpenRent
2 Bed Penthouse, Bridge St, SK1	£1,150/mo	2	0.57 miles	OpenRent
2 Bed Terraced House, Mountfield Road, SK3	£1,100/mo	2	1.27 miles	OpenRent

Average rent: £1,108/mo (6 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.41%

Max investor price (0.8%) £137,500

Target investor price (1%) £110,000

Gross yield 16.9%

Cost-to-rent ratio 5.9×

Monthly cashflow £658/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 34.9%

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).