Barton Court, Warrington
Barton Court, Central Way, Warrington WA2 7TE
Duplex | Buy To Let | Tenanted
£110,000
£595pcm
Rent
6.5%
Gross yield
Investment Summary
- Price: £110,000
- Rent: £595 pcm
- G/R: £250 pa
- S/C: £1,100 approx pa
- Annual Gross Income: £7,140.00
- Estimated Net Income: £5,790.00
- Gross Yield: 6.5%
- Net Yield: 5.3%
- EPC: D
Property Description
- Beds: Two
- Baths: One
- Sq/ft: 786
- Floor: g/1st
- Duplex
- Parking
- Status: On Rental Market
- Tenure: Leasehold
- Furnished: Yes
- Lease Length: 988 years remaining
The Development
Less than an hour away from Liverpool by car, the development is in a unique location; 20 miles from Liverpool, 20 miles from Manchester, and is within the Manchester – Merseyside corridor. Combined with its fantastic proximity to a collection of local shops and shopping centres, this makes Barton Court ideal for commuters, with tons of options for transport links.
The M62, A57, and M5 are all nearby, and various stations (Warrington Central, Warrington Bank Quay, and Padgate), that run trains via Northern, Arriva Trains Wales, Caledonian Sleeper, Virgin, East Midlands Trains, and the Transpennine Express, which can take you to Manchester or Liverpool Lime Street in the blink of an eye.
Why Invest?
- Warrington lies centrally within the Manchester – Merseyside corridor. A thirty minute drive gets you to Manchester in one direction, Liverpool in the other
- Population of Warrington is 206,400
- Aims to double the size of its economy over the next 25 years to £50 billion, plus the £160 million Omega project which aims to create 1500 new jobs and 1000 new homes.
- Wants to create 127,000 new jobs and 139,000 new homes by 2041.
- The High Speed 2 Rail Route will run through Warrington, offering rail links to London, Birmingham, the East Midlands, Leeds, Sheffield and Manchester.
- Home to 41,000 businesses, has a large private sector base.
Map
Financial Example
| Deposit 30% | £33,000.00 |
| Mortgage | £77,000.00 |
| Mortgage / Interest Only (3%) | £2,310.000 |
| Estimated Costs | £1,350.00 |
| Total Cash Invested | £36,660.000 |
| Annual Return on investment | 15.79% |