Buy to Let Investments on Rake Lane

Buy to Let Investments on Rake Lane

Investors take note of this complete development of 18 new build, two bedroom apartments in New Brighton Wirral. Split into three blocks, one of 12, 4 & 2. Built to a very high standard and offering a fantastic yield. One of the best sited developments in Wirral at this sensible price.

Buy To Let investment in Wirral

These apartments are ideal for buy to let investment in wallasey with property prices on the up and home purchasing becoming out of reach for most first time buyers; buy-to-let seems to offer a better return than most saving’s accounts.

Our apartments are based in Wallasey (or New Brighton if you’re from around the area) in Wirral, and are located in a residential area with a mix of different types of homes. The local shops are short walk away and the option of great schools accessible by foot.

Typical Rent for this type of property is around £600 per-calendar-month, making these flats and decent return on investment. So as an example: For a £110,000 interest-only buy-to-let mortgage, payments would be £334 a month, or £4,008 over a year.

So if you decided to rent at £600 per-month your annual income would be £7,200, meaning your actual profit will be £3,192 per-year.

Future proofing your investment property

Buying new apartments will help future-proof your Buy-to-let investment from the up and coming energy regulations which from April 2018 will require all landlords to bring their properties up to a minimum of energy efficiency rating of E. This provision will make it unlawful to rent out a house or business premise that does not reach this minimum standard. Our properties have a rating of C.

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Apartment Facilities

There are a few apartments that come with a bit of land outside; but not all. However all the flats are fitted with a modern new kitchen, basin, cooker, hob and extraction unit. The bathroom is tiled to very high standard with a shower, bath, sink and toilet.

All doors are solid wood and not the cheap type you usually see in new builds. They consist of two bedrooms and spacious living area. There is also storage cupboard and all buy to let properties are alarmed for security.

Apartments for Sale

Our new apartments are currently for sale and you can contact us directly on 0844 884 9021 or you contact our local agent Bakewell and Horner each one is on the market for £110,000 but price is negotiable based on investment.

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Manor Property are Wirral based developers who create build exciting properties for investment and sales.

0151 638 6313

sales@manorpropertysales.co.uk

40 Manor Road
Hoylake
Wirral, Cheshire CH47 3DF

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