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1 Bed Apartment House For Sale Canning Street, Birkenhead, CH41

£70,000- Apartment

Yield: 8.57%
1 of 7
Yield: 8.57%
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  • Rental Guide: £400 - £500
  • 1 Bedroom(s)
  • Description
  • Street View
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Key Features

  • Tenure: Leasehold
  • Fantastic River Views
  • Buy To Let Investment Opportunity
  • 4 Minutes To Liverpool City Centre Via Train
  • Already Tenanted And Income Producing With A 7.7% Yield
  • Gated Parking Available
Last Updated: 24th March 2021

Description

One bed apartment in the newly developed Mersey View residence. This development is 5 minutes by train to Liverpool city centre and is located within the Wirral waters regeneration area. This one bedroom apartment features modern interiors and finishes. Comprising of; Double bedroom, Bathroom, lounge and open plan kitchen.

This is a fantastic income producing Buy to let opportunity.

Notice
marshallets limited endeavour to make our property particulars accurate and reliable, however, they do not constitute or form part of any offer or contract and are not to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective renters only, and are not precise. If you require clarification or further information on any points, please contact us.
Agent Details
Marshall
64 Tithebarn Street, Liverpool, L2 2EE
Show Contact Number
0151 242 0870
**This report is currently a Beta Test Version. Do not rely on the information provided below.

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
8.0

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Very good rental demand in this area.
Compared to other property investments this gives a poor return.
4

Interest Rates

Bank of England Base Rate:
0.1%
Current all-time record low interest rates are making monthly mortgage payments more affordable so more people will buy houses, which will lead to house prices increasing.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages, will lead to steady house price growth.
5

Fiscal Policy

First Home Stamp Duty:
£0
Buy To Let or Second Home:
£2,100
The governments recent policies including, not to add additional tax to this property price band, will be positive for future price growth.
10

Comparison with other investment alternatives

Investing in this property will give you a higher regular return, when compared to other conservative investments.
8

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
1 bedroom properties in close proximity are mostly listed £365 - £500 – 9 recently listed properties were found in that band. However, the highest were £570, £550, £550.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested