Gibson House, Wallasey, CH44 8AX
£160,000
Financial snapshot
Your initial investment
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Estimated deposit
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Purchase fees
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Your total return by 2035
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Annual return
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Rental growth p.a.
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Cap growth p.a.
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Rental income p.c.m.
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Gross yield
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Indicative returns are based on historic data - please note past performance is not necessarily indicative of future results and actual returns may differ materially from the returns indicated here
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Area highlights
Property snapshot
Apartment
646 sq ft
2 Bedrooms
1 Bathroom
Tenanted
Tenure - Leasehold
Lease-length
248 years
Ground rent
£1
Service charge
£1,671.00 per year
Overview
This two-bedroom apartment in Gibson House, Wallasey, offers an excellent buy-to-let opportunity with an asking price of £160,000. Currently tenanted, it generates an annual rental income of £9,600, providing a solid gross yield of 6%. The leasehold property has a 248-year lease and incurs a combined service charge and ground rent of £1,672 per annum. With a market rent of £800 per month and a net cash flow of £300 per month, this investment offers stable returns with minimal risk. The apartment is well-positioned, just over a mile from key stations like New Brighton and Wallasey Village, making it an attractive option for renters.
What our customers say about us
Raghda
Buy-to-let investor
“GetGround manages my property from A to Z. The process from the beginning until today is running smoothly. They provided consultation, step by step setup guide, and also the response rate was very high when I contacted their customer care department.”
Tahir
Buy-to-let investor
“Really easy to do business with and get setup. This company is transforming the way companies are setup, business is done and accounts are done/settled. Amazing web site very intuitive! well done getground!”
Daniel
Buy-to-let investor
“Overall, a fantastic experience not only with the online system but also with the ultra-fast responsive team that is always there to help whenever needed. The turnaround time is like nothing you have ever seen and the customer experience is seamless.”
Meet the team