2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (999 years remaining)
Price: £235,000
Yield: 5% NET on Long-Term Let
Rental Income: £1,175 pcm (£14,100 per annum)
Tenancy: Currently tenanted until 11th December 2024
Leasehold: 999 years
Completion: New build, completed in 2023
Location: Affluent Heswall, Wirral Peninsula
Property Overview:
Apartment 17, Gospel Heights, offers a premium investment opportunity in the heart of Heswall, one of the most sought-after areas on the Wirral Peninsula. This modern 2-bedroom apartment, located on the second floor, presents a perfect combination of luxury living and investment potential. With a 5% NET yield on long-term rentals and the possibility for even higher returns through short-term lets, this property is well-suited for investors looking for flexibility and multiple revenue streams.
Alternatively, Gospel Heights offers the perfect opportunity for an owner-occupier to create a home in this luxury apartment complex.
Investment Highlights:
* Rental Income: £1,175 pcm, yielding £14,100 per annum
* Tenanted until December 2024, ensuring immediate rental income
* Multiple revenue options: Long-term letting, short-term serviced accommodation, or owner-occupier
* Property management: Available through Residential Estates for lettings or short-term guest management
Location:
Gospel Heights is nestled in the affluent town of Heswall, offering residents a tranquil yet well-connected lifestyle. The development benefits from easy access to Liverpool and Chester, and is surrounded by some of the UK's top golf courses. This makes the apartment an ideal choice for those interested in the growing short-term rental market, attracting both holidaymakers and professionals seeking accommodation in this desirable area.
With below market value pricing and long-term potential for growth, Apartment 17 at Gospel Heights is a fantastic opportunity for investors looking to capitalize on a high-demand rental location.
Contact Us Today
For more details or to arrange a viewing of this investment opportunity, please contact us.
Tenure: Leasehold (999 years)
Service Charge: £928.16 per year
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Property reference 17Gospel. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Residential Estates - Chester.
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Broadband availability and predicted speed: obtained from Ofcom on June 14, 2024
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on June 14, 2024
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on April 26, 2023 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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