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Hotkey Invest are proud to present this opportunity to purchase a 2 bedroom property on a 5 year lease option in Birkenhead, Liverpool.
The option to purchase is set over 5 years, which allows you to secure the properties 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 two reception rooms.
The property is in need of a moderate refurbishment CIRCA £15,000. However, a grant of up to £5000 to help with the refurbishment of the property under the Wirral Empty Properties Initiative is available. The Vendor is happy to assist in applying for the grant upon signing of contracts.
Once renovations have been carried out we believe the property can achieve CIRCA £450 pcm in rental income.
We anticipate after the refurbishment has been carried out the current estimated market value would be CIRCA £80,000 giving you a 21% discount.
Hotkey Invest believes that the 20 year Birkenhead regeneration plan will have a positive impact on the local property market.
For further information on this scheme please click the link below
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.
3 Miles to Liverpool
5 Year Term
No credit check
No Mortgage required
(based on single family let)
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