front of elevation
Latest Valuation
£63,000
ROCE
%
Location

Discounted Buy-to-Let Investment Opportunity

2 Bed Apartments in Birkenhead
Guide Price
£50,000

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Key Features

  • 25% Below Market Value
  • 17% ROI
  • Neatly Presented
  • Cash and Mortgage Buyers

The Property

Amazing 25% below market value, BTL opportunity.
17% ROI managed by estate agency, hands-off investment.

- 2 units available
- 2 bed apartments, £50,000 per unit + fees
- 2 double bedrooms
- 15 minutes drive to Central Liverpool (18 mins by public transport.)

We are pleased to present to our investors this two bedroom, first floor apartment situated within close proximity to all local amenities including schools, shops and transport links.

Reason for sale: The vendor is retiring and is slowly selling off his portfolio.

The accommodation comprises of entrance hall with built in storage, open plan lounge/dining room, fitted kitchen, two good sized bedrooms and bathroom. Private off road parking is also available to the front of building.

Measurements:
Entrance Hall
Lounge 15' 6" x 11' 1" ( 4.72m x 3.38m )
Kitchen 10' 3" x 6' 4" ( 3.12m x 1.93m )
Bedroom One 11' 7" x 10' 3" ( 3.53m x 3.12m )
Bedroom Two 10' 2" x 8' ( 3.10m x 2.44m )
Bathroom

Purchase price - £50,000
Valuation - £63,000
Stamp duty - £1,500
Sourcing fee - £4,000
Solicitor fee - £1,000
Deposit for mortgage - £10,000

Initial Investment - £16,500 on a buy to let mortgage.
Cash purchase - £56,500

Monthly cashflow:

Achievable Rent - £495
Mortgage Interest - £117
Ground Rent - £58
Service Charge - £12
Insurance - £8
Management Fee - £59

Profit per month - £241 on a buy to Let mortgage.

17% ROI.

Buy the property for the sole purchase of a buy to let. This could be either a cash offer or we could arrange a buy to let mortgage with a £10,000 deposit.

Planning Information

N/A

The Plan

Buy the property for the sole purchase of a buy to let. This could be either a cash offer or we could arrange a buy to let mortgage with a £10,000 deposit.

Amazing 25% below market value, BTL opportunity.
17% ROI managed by estate agency, hands-off investment.

The Location

Well located to benefit from excellent services and amenities including a direct rail link to Liverpool.

15 minute drive away from City Centre, 18 mins away from public transport.

Average estimated value for a house in CH41

£

First built in 2007 as a new build property, Tapestry Gardens 2 bed apartments sold in the region of 100k - 130k.

From Oct 2018 to Oct 2019, Birkenhead foreseen huge capital growth of up to 45% for apartments (Source - home.co.uk)

Current price of £50,000 is roughly 22% under current market value, with prices for these apartments in this area will only appreciate in capital growth alongside rental value.