Sold STC Flat

FLAT 6

JOSEPH LEIGH HOUSE, 67, WELLINGTON STREET, STOCKPORT, GREATER MANCHESTER SK1 3AD

2 beds 1 baths 646 sq ft Listed 17 Feb 2020 (-2320d)

£64,000

Guide Price

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# 2 bedroom flat for sale (SK1 3AD)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 6, JOSEPH LEIGH HOUSE, 67, WELLINGTON STREET, STOCKPORT, GREATER MANCHESTER SK1 3AD |
| Price | £64,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Floor area | 60 m² |
| Last sold | £640,000 Sep 2020 |

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** B
- **Expiry date:** 17/07/2024 — **EXPIRED** (no longer valid for marketing or letting)
- **Current heating cost:** £224/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0126-3808-7937-9894-2915)

## Description

Offered to the market on a 40% shared basis is this spacious and beautifully presented, two double bedroom, first floor apartment.

Located in the centre of Stockport within a stunning converted building, the property, which would make a great first time buy, comprises: entrance hallway with storage cupboard off, a spacious 20 foot living room and kitchen, two large double bedrooms with feature half moon windows, and a three piece bathroom suite with in bath shower unit.

The property is accessed from Wellington Street and is set within beautifully maintained grounds which incorporate a private raised garden area and a large residents car park.

Internal viewing essential

## Property Photos

- ![Picture 1](/listings/photos/77542627/568804) - Picture 1
- ![Picture 2](/listings/photos/77542627/568810) - Picture 2
- ![Picture 3](/listings/photos/77542627/568814) - Picture 3
- ![Picture 4](/listings/photos/77542627/568820) - Picture 4
- ![Picture 5](/listings/photos/77542627/568824) - Picture 5
- ![Picture 6](/listings/photos/77542627/568832) - Picture 6
- ![Picture 7](/listings/photos/77542627/568844) - Picture 7
- ![Picture 8](/listings/photos/77542627/568855) - Picture 8
- ![Picture 9](/listings/photos/77542627/568862) - Picture 9
- ![Picture 10](/listings/photos/77542627/568864) - Picture 10
- ![Picture 11](/listings/photos/77542627/568867) - Picture 11
- ![Picture 12](/listings/photos/77542627/568868) - Picture 12
- ![Picture 13](/listings/photos/77542627/568870) - Picture 13

## Floorplans

- ![Floorplan](/listings/photos/77542627/568875) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/77542627/568876) - EPC Rating Graph

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| JOSEPH LEIGH HOUSE, 67 FLAT 6 WELLINGTON STREET, STOCKPORT, GREATER MANCHESTER, SK1 3AD | £640,000 | 25/09/2020 | 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 |
|---------|-------|------|------|
| COVENT GARDEN VIEW 17 MASSEY STREET, STOCKPORT, GREATER MANCHESTER, SK1 3GE | £98,560 | 02/11/2022 | Flat |
| ARCHER HOUSE, 3 APARTMENT 76 JOHN STREET, STOCKPORT, GREATER MANCHESTER, SK1 3FX | £93,000 | 21/09/2022 | Flat |
| ARCHER HOUSE, 3 APARTMENT 42 JOHN STREET, STOCKPORT, GREATER MANCHESTER, SK1 3FX | £99,995 | 21/04/2022 | Flat |
| ARCHER HOUSE, 3 APARTMENT 28 JOHN STREET, STOCKPORT, GREATER MANCHESTER, SK1 3FX | £90,000 | 14/04/2022 | Flat |
| TEXTILIS HOUSE, 8 FLAT 6 WELLINGTON STREET, STOCKPORT, GREATER MANCHESTER, SK1 3RN | £127,000 | 11/02/2022 | Flat |
| TEXTILIS HOUSE, 8 FLAT 9 WELLINGTON STREET, STOCKPORT, GREATER MANCHESTER, SK1 3RN | £120,000 | 27/01/2022 | Flat |
| COVENT GARDEN VIEW 9 MASSEY STREET, STOCKPORT, GREATER MANCHESTER, SK1 3GE | £120,000 | 14/01/2022 | Flat |
| TEXTILIS HOUSE, 8 FLAT 11 WELLINGTON STREET, STOCKPORT, GREATER MANCHESTER, SK1 3RN | £137,000 | 22/12/2021 | Flat |
| TEXTILIS HOUSE, 8 FLAT 1 WELLINGTON STREET, STOCKPORT, GREATER MANCHESTER, SK1 3RN | £126,500 | 20/10/2021 | Flat |
| ARCHER HOUSE, 3 APARTMENT 38 JOHN STREET, STOCKPORT, GREATER MANCHESTER, SK1 3FX | £110,500 | 10/09/2021 | Flat |

**Area average:** £112,256 (10 sales)

## Price vs local average

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

- **Local average:** £692,337 (7 Flat, SK1, 2024–2026)
- **Deviation:** -90.8%

## Rental Range

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

- **Low:** £990/mo
- **Realistic:** £1,100/mo
- **Optimistic:** £1,210/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Southern Greater Manchester (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £748/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 Flat, Wellington Street, SK1 | £1,000/mo | 2 | 0.22 miles | OpenRent |

**Average rent: £1,000/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 1.56% (strong)
- **Max investor price (0.8%):** £125,000
- **Target investor price (1%):** £100,000

*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 £1,000/mo).*

- **Gross yield:** 18.8%
- **Cost-to-rent:** 5.3×
- **Monthly cashflow:** £623/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 40.3%

*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).*

## Price per Square Metre

- **£/m²:** £1,067/m²

## Capital growth trend

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

- **5y growth:** 1571.6%
- **10y growth:** 1594.5%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** 0.7%
- **5y growth (index):** 11.4%
- **10y growth (index):** 46.6%

## 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

Floor area

60 m²

EPC rating

Last sold

£640,000 Sep 2020

Price per m²

£1,067/m²

Local average

£692,337 (-90.8%)

Street crime

1 incident within 1 mile (Apr 2026)

Key features

40% Shared Ownership
Two bedrooms
Town Centre location
Beautiful original windows
Communal Parking
First Floor

Additional details

Parking: Yes
Garden: Yes

Description

Offered to the market on a 40% shared basis is this spacious and beautifully presented, two double bedroom, first floor apartment.

Located in the centre of Stockport within a stunning converted building, the property, which would make a great first time buy, comprises: entrance hallway with storage cupboard off, a spacious 20 foot living room and kitchen, two large double bedrooms with feature half moon windows, and a three piece bathroom suite with in bath shower unit.

The property is accessed from Wellington Street and is set within beautifully maintained grounds which incorporate a private raised garden area and a large residents car park.

Internal viewing essential

Listed by

Stockport

The Lomond Group

Reference: 77542627

EPC Rating & Upgrade Cost

This certificate expired on 17/07/2024. A new EPC may be required before the property can be marketed or let.

Current rating: B

Potential rating: B

Inspection date: 18/07/2014

Expiry date: 17/07/2024 (expired)

Current heating cost: £224/year

Potential heating cost: £224/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

EPC Graphs

EPC Rating Graph

Price history

Event	Date	Price	% change
Sold	25/09/2020 (5 years ago)	£640,000	—

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
COVENT GARDEN VIEW 17 MASSEY STREET, STOCKPORT, GREATER MANCHESTER, SK1 3GE	£98,560	02/11/2022	Flat
ARCHER HOUSE, 3 APARTMENT 76 JOHN STREET, STOCKPORT, GREATER MANCHESTER, SK1 3FX	£93,000	21/09/2022	Flat
ARCHER HOUSE, 3 APARTMENT 42 JOHN STREET, STOCKPORT, GREATER MANCHESTER, SK1 3FX	£99,995	21/04/2022	Flat
ARCHER HOUSE, 3 APARTMENT 28 JOHN STREET, STOCKPORT, GREATER MANCHESTER, SK1 3FX	£90,000	14/04/2022	Flat
TEXTILIS HOUSE, 8 FLAT 6 WELLINGTON STREET, STOCKPORT, GREATER MANCHESTER, SK1 3RN	£127,000	11/02/2022	Flat
TEXTILIS HOUSE, 8 FLAT 9 WELLINGTON STREET, STOCKPORT, GREATER MANCHESTER, SK1 3RN	£120,000	27/01/2022	Flat
COVENT GARDEN VIEW 9 MASSEY STREET, STOCKPORT, GREATER MANCHESTER, SK1 3GE	£120,000	14/01/2022	Flat
TEXTILIS HOUSE, 8 FLAT 11 WELLINGTON STREET, STOCKPORT, GREATER MANCHESTER, SK1 3RN	£137,000	22/12/2021	Flat
TEXTILIS HOUSE, 8 FLAT 1 WELLINGTON STREET, STOCKPORT, GREATER MANCHESTER, SK1 3RN	£126,500	20/10/2021	Flat
ARCHER HOUSE, 3 APARTMENT 38 JOHN STREET, STOCKPORT, GREATER MANCHESTER, SK1 3FX	£110,500	10/09/2021	Flat

Area average: £112,256 (10 sales)

Capital growth trend

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

5y growth 1571.6%

10y growth 1594.5%

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

1y (index) 0.7%

5y (index) 11.4%

10y (index) 46.6%

Rental Range

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

Low £990/mo

Realistic £1,100/mo

Optimistic £1,210/mo

Based on Local Authority from postcode lookup → Stockport.

LHA (30th percentile) floor for Southern Greater Manchester: £748/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View SK1 3AD

Address

Piccadilly

Nearby

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

Type	Name	Distance
Bus stop	(not in use) Stockport, Norbury Street / near Stopford House	0.1 miles
Bus stop	Stockport, Piccadilly / Heron House (Stop AH)	0.1 miles
Shop	Premier - Wellington Convenience Store	0.1 miles
Shop	Age UK	0.1 miles
Train station	Stockport	0.3 miles
Train station	Davenport	1.2 miles
Hospital	Newlands Care Home	1.5 miles
Hospital	Withington Clinic	3.3 miles
University	University of Manchester Fallowfield Campus	3.4 miles
University	Fallowfield Reception and Richmond Amenities Building	3.4 miles

Street-level crime

Category	Count
Violence and sexual offences	1
Total incidents	1

Within 1 mile during Apr 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
Individual Teaching and Support Service	Other	0.1 miles	— (No rating)
Pure Innovations Trading As Pure College	Other	0.1 miles	— (No rating)
St Joseph's Catholic Primary School, a Voluntary Academy	Primary	0.1 miles	Requires improvement — 13 Nov 2022
St Thomas' Church of England Primary School Stockport	Primary	0.3 miles	Requires improvement — 8 Nov 2023
Our Lady's Catholic Primary School	Primary	0.4 miles	Good — 13 Mar 2013

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 Flat, Wellington Street, SK1	£1,000/mo	2	0.22 miles	OpenRent

Average rent: £1,000/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.56%

Max investor price (0.8%) £125,000

Target investor price (1%) £100,000

Gross yield 18.8%

Cost-to-rent ratio 5.3×

Monthly cashflow £623/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 40.3%

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).