16 Oakmere Close

Pure Investor are delighted to bring to the market this 3-bedroom semi-detached property at 16 Oakmere Close, Wirral Ch36 3RJ. The property comes with a tenant in situ who has agreed to a price increase recently to £800pcm. The tenant is looking to stay for the foreseeable and has been in the property for over 20 years now. The property has 3 bedrooms, 2 double and a single, a family bathroom with sink, shower/bath and toilet, there is also an en-suite off the master bedroom which has a walk-in shower, sink and toilet. To the downstairs is a large living room, open planned kitchen dining space with side access and sliding doors to the rear opening to the rear garden which is a good size and has new fence panels and gate down on full side of the property. To the front is a driveway which could house 2 cars and a small garden area.

Why invest in the Wirral

1. Strong Rental Demand: Wirral is a popular location for both students and young professionals, which means there is a strong demand for rental properties. This can make it a good location to invest in buy-to-let properties.
2. Good Transport Links: Wirral has excellent transport links to Liverpool and other parts of the North West of England. This means that the area is easily accessible, which can make it an attractive location for tenants.
3. Affordable Property Prices: Property prices in Wirral are generally lower than those in Liverpool and other parts of the North West. This can make it a good location for property investors who are looking to purchase properties at a lower price point.
4. Potential for Capital Growth: Property prices in Wirral have been rising steadily over the past few years, and there is potential for further growth in the future. This could make it a good location for investors who are looking for long-term capital growth.
5. Attractive Coastal Location: Wirral is situated on the coast and has several attractive towns and villages, such as West Kirby and Hoylake. This can make it an attractive location for tenants who are looking for a coastal lifestyle.

Investment information

Full address: 16 Oakmere Close, Wirral CH46 3RJ

Purchase price - £185,000.00

Property type : Semi-detached

Bedrooms – 3

Current rental - £800.00pcm

Gross rental income - £9,600.00 per annum

Yield – 5.2%

Freehold property

Letting is currently self-managed

Average local letting agency charges would be £500 + VAT tenant find fee and 10% + VAT monthly management fee.

16 Oakmere Close - Key Points

Location

Wirral , United Kingdom