REF_HKI3102

72252_newlingst_IMG_00_0000_max_656x437.jpg

LEASE OPTION

BIRKENHEAD, CH41
2 BEDROOM TERRACE PROPERTY 
Hotkey Invest_HIGHRES_B&O_ALPHA.png

Option Price:

Term:

Option Deposit:

Option Payments:

NET Profit (PCM):

EST. NET PROFIT PA: 

YIELD:

£49,500

10 Years

£2000

£210

£285

£3540

13%

Hotkey Invest are proud to present this fantastic 10 year lease option in Birkenhead.

 

The option to purchase is set over 10 years, which allows you to secure the property at today’s option price without finance for the option term. This enables you to benefit from potential capital growth as well as surplus rental income during the term.

 

This freehold mid terraced property comprises of 2 bedrooms, a kitchen, bathroom and lounge area.

 

The property is in need of a moderate refurbishment. The Windows and doors on the property have recently been replaced. We believe once the property has been refurbished it can be rented for CIRCA £550 PCM

The current estimated market value for similar properties in the area is CIRCA £80,000 giving you a 38% discount on the option price.

 

The property has been approved for a grant of up to £5000 to help with the refurbishment of the property under the Wirral Empty Properties Initiative. The Vendor is happy to assist in applying for the grant upon completion. 

 

Birkenhead is a town in the Metropolitan Borough of Wirral, Merseyside, England; historically, until 1974, in Cheshire. It is on the Wirral Peninsula, along the south bank of the River Mersey, opposite the city of Liverpool. At the 2011 census, it had a population of 88,818. Birkenhead is roughly 3 miles from Liverpool city center. This is accessible by train, foot, taxi or bus

 

KEY FEATURES

 

2 Bedrooms  

Freehold 

3 Miles to Liverpool

13% Yield 

10 Year Term  

No credit check 

No Mortgage required 

DUE DILIGENCE

BIRKENHEAD

FINANCIALS

(based on single family let)

assignment.PNG

We insist any interested parties must satisfy themselves as to the accuracy on any information they receive by carrying out independent assessments or otherwise before making any commitment to participate. Click here for full disclaimer

Thanks for submitting! We will be in touch shortly.

Hotkey Invest
An experienced and dynamic investment house
here to help you develop your
property investment strategy.
Hotkey Invest Contact Us
Hotkey Invest's Registered office,
44-46 High Street, Wem, Shrewsbury, SY4 5DG
DISCLAIMER
IMPORTANT NOTICE: Hotkey Invest trading name for Hotkey Consultancy Ltd for themselves and for the lessors or vendors of this property whose agents they are give notice that:  1. No appliances, services or service installations have been tested and no warranty as to suitability or serviceability is implied. Any prospective purchaser or lessee is advised to obtain verification from their surveyor or solicitor.  2. The particulars are set out as a general outline only for the guidance of the intended purchasers or lessees and do not constitute, nor constitute part of, an offer or contract.  3. All descriptions, calculations, reference to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but any intending purchasers or lessees should not rely on them as statements or representation of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them before making any commitment to participate.  Calculations have been rounded up or down accordingly. 4. No person in the employment of Hotkey Invest has any authority to make or give any representation or warranty whatsoever in relation to this property.  5. All rentals and prices are quoted exclusive of Stamp Duty, legal and surveyors fees and any other associated purchasers or lessees costs.  6.  Floor plans are indicative only and should not be relied on.  7. The map showing the boundary of the property postcode is indicative only and has not been checked against the legal title so should not be relied on.  8.  All dimensions, floor areas and site areas are only approximate and should not be relied on.  Dimensions are generally maximum room dimensions.  9. Hotkey Invest is not a regulated or licensed investment or financial advisor, therefore please seek independent financial advice.  10. Hotkey Invest is not a property management company for Serviced Accommodation, House of Multiple Occupation, Buy to Let and other, therefore please seek an independent management company before making any commitment to participate.  11. Hotkey Invest cannot be held liable for any losses whatsoever incurred as a result of any decisions made from relying on this report.