Nobel Mill

StockportUK

From gbp 153,000

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Nobel Mill

StockportUK

Once home to a Rope Makers Workshop, Nobel Mill is a boutique development comprised of 18 uniquely designed apartments. Set along the cobbled Stanbank Street in the affluent south east of Stockport, the development retains much of its old charm with a red brick facade and large arch windows to let in plenty of light.

Nobel Mill is surrounded by many local amenities with schools and shops all within walking distance. The area is dotted with parks and outdoor facilities to enjoy the picturesque country landscape.

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Development Snapshot

  • 18 High-end specification apartments, filled with natural light
  • Allocated car parking included for all units
  • 7 minutes via rail into Manchester city centre
  • Situated near the Peak District National Park, ranked 4th in TripAdvisor’s ‘Travellers Choice awards 2021’

Bedrooms

2 bedroom units

completion

Q2 2023

size range

From 464 sqft to 666 sqft

2-Bedroom Unit

A Closer Look At Nobel Mill

Why invest in Stockport?

Stockport is undergoing expansive investment programme across the town that, when complete will total GBP1 billion. Large portions of the town centre have been designated for regeneration further adding to its attractiveness for businesses and residents alike.

With housing delivery just 332 homes per year between 2011-2020 and an estimated housing need of 1,273 new homes per year over the same period, Stockport has accumulated an undersupply of 9,412 homes to-date. While housing supply is expected to see a significant increase in the coming years, a housing deficit of 8,610 units could persist by 2030.

Population

1,150,000 forecast by 2035
+11% from 2000

Housing Deficit

undersupply of at least 8,610 units expected by 2030

Economy

over GBP6.7 billion (GVA) as of 2021
+21% since 2000
+38% forecast by 2035

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Underpinned by an expanding economy and growing housing shortage, Stockport offers a strong investment case for real estate

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(See table below for estimated mortgage rates across different markets)

Equity required
EUR
Region Mortgage Rates (Up to) Acquision Costs (Estimated)
London 75% 5.0%
Manchester 75% 5.0%
Berlin 60% 7.5%
Melbourne 80% 4.0%
Brisbane 80% 4.0%
New York 55% 6.0%
Chicago 55% 6.0%
Miami 55% 6.0%
Tokyo 70% 5.0%
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*Prices and details are correct at the time of going to press. Readers are advised to make their own enquiries to verify such information.

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