2 bed Apartment For Auction

TO BE SOLD BY ONLINE AUCTION ON 22nd – 23rd JULY UNLESS SOLD PRIOR UNDER AUCTION TERMS.

2 Peak Buildings, Charlestown, Glossop, SK13 8GR

Not yet inspected by Edward Mellor but reported to comprise, hallway, open pan lounge and kitchen, two bedrooms and bathroom. Allocated parking.

An excellent opportunity to acquire this well-presented two-bedroom apartment, offered for sale with a tenant in situ and reportedly generating an immediate rental income of £795 pcm. Await sight of AST.

The property represents an outstanding investment opportunity, offering an approximate yield of 15.9% based on the guide price, together with immediate income from completion.

The apartment forms part of a popular development in Charlestown, Glossop. A significant advantage is that the owner will hold a share in the management company, helping to keep ongoing management costs low while giving owners greater involvement in the management of the building.

Charlestown is a sought-after location on the edge of the Peak District, with excellent access to Glossop town centre, local amenities, transport links and Manchester, making it a consistently popular area for tenants.

Whether you're an experienced landlord looking to expand your portfolio or a first-time investor seeking an income-producing asset, this property offers an attractive combination of strong rental returns, low running costs and long-term investment potential.

Here are some similar properties taken from Land Registry which have sold close by that highlight the potential:

Apt16, Victoria Mews, Victoria Street, SK13 8GD- £109,000 Flat 2 bed 0.46 mi Sold - 01/05/2026

Tenant ready property rental values in the area are in the region of £800-£900pcm