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Heaton Group

Heaton Group are a prominent property developer located in the North West. We deliver high quality developments in the number one region for property investment in the UK. We are an established family run business that has been operating for over 80 years. With over 40 developments completed in the last 5 years, we are experts at identifying up and coming areas which are undergoing significant growth and regeneration, providing our investors with the best returns.

We build trust with our investors by delivering quality homes that appeal to the local rental market. Many of our investors purchase multiple properties with us – a testament to our service and superior quality developments.

Heaton Group offer a hands-off property investment solution for both experienced landlords and first-time investors. Our in-house sales and lettings teams guide our investors throughout the purchase process, from initial enquiry to securing you a tenant and providing ongoing property management.

We have investment opportunities in some of the best performing cities in the UK, including Manchester and Preston.

Why Stockport Shouldn’t be Overlooked as an Up-and-Coming Property Investment Hotspot

12 April 2022 8592 Views

Why Stockport Shouldn’t be Overlooked as an Up-and-Coming Property Investment Hotspot

For many years, Manchester has been the number one location for buy-to-let investors in the UK. A young, professional population, strong lettings and jobs markets and low prices in comparison to London and the Southwest; has meant that property investors based both in the UK and abroad have been investing heavily in the city.

However, years of steep property price growth means that a central Manchester property investment may be out of reach for some investors. The high price tags for city centre property have seen investments with high rental yields few and far between, especially for the investor looking to purchase a new build property.

This is why Stockport shouldn’t be overlooked as an up-and-coming property investment hotspot. Just a 12-minute train journey from Manchester City Centre, Stockport is a historic town with an independent feel, benefitting from a fantastic location. The town already offers a fantastic way of life for its residents, with a plethora of independent shops and restaurants, shared working spaces and stunning landscapes on its doorstep.

With an exciting £1billion, five-year regeneration plan in place, Stockport is set to become a cool, booming new neighbourhood that appeals to young professionals who are looking for a more affordable alternative to city centre living.

Why Stockport Shouldn’t be Overlooked as an Up-and-Coming Property Investment Hotspot

Some of the main areas to be transformed are:

  • The west of the town into a new, green urban village

  • Transport, with a progressing business case to extend the Metrolink tram system to the city centre, the redevelopment of Stockport Train Station, and a new transport interchange

  • Housing, with 1000 new homes planned over the next five years, utilising brownfield land

  • The job market, with the investment set to create over 5,000 new jobs

  • The high street, with Stockport having been awarded £14.5m by the government’s future high street fund

  • The historic Underbanks area

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Initial work has commenced on Heaton Group’s new development in Stockport Town Centre. Milliners House is a new build block of twenty-two luxury apartments located at the foot of the popular Underbanks in Stockport.

Many of the apartments benefit from private terraces and balconies and the block apartments have been designed to create a sleek, modern interior scheme with a nod to Stockport’s industrial past.

Heaton Group, a Wigan-based property development company behind the build, has developed a reputation of building multiple schemes across the northwest of England.

“We enjoy bringing buildings that fit into the local neighbourhood,” Chris Holland, director at The Heaton Group, said. “Stockport has undergone significant regeneration in recent years, and this is to continue with a £1 billion programme of investment being pledged into this emerging town. We can contribute to the ongoing investment and improvements to the town and at the same time create exceptional apartments in central locations for our investors.”

Set to open in Q4 2023, Milliners House will provide much needed accommodation in Stockport. “We expect the apartments to be popular with both the buy to live market and also with those looking to invest in Stockport following the significant investment in the area,” Holland explains.

As part of the development, smart technology will be incorporated throughout the building, leading to simpler management, lower costs, and smarter rental options. 

Read more about Milliners House

Why Stockport Shouldn’t be Overlooked as an Up-and-Coming Property Investment Hotspot

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