4.7%Rental growth
6.3%Cap growth
£800Rental income
6.0%Gross yield
£47,541.86Minimum deposit

Gibson House, Wallasey, CH44 8AX

£160,000

Financial snapshot

Costs

Your initial investment 

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Estimated deposit 

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Purchase fees

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View breakdown

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Returns

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

Mala

Buy-to-let investor

Very good service and easy to use for your BTL journey and the best part is you can do big transactions without any hessle. Highly recommend GetGround services to anyone want to start their BTL journey.

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Ho Chuen

Buy-to-let investor

The Get ground team is always quick to respond to my queries, both of the UK and HK branches' contacts. I recommend their system and service as a BTL investor.

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Michelle

Buy-to-let investor

I've had a very streamlined and well supported experience starting a corporation through GetGround. I've been treated exceedingly well and couldn't be more pleased with how it has all come together. I would definitely recommend.

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