9:52 AM, 12th June 2019, About 3 years ago
Six of our clients recently purchased new build 2 & 3 bed houses at Newton Road, St Helens, with prices starting from only £117,500.
Rental demand for quality, new build properties is so high in St Helens that professional tenants were lining up prior to completion. Applications are now going through, with rental amounts at the top end of our predictions, producing gross yields of up to 6.2%.
2 bed properties appear to be the most desirable in the area, as confirmed by the letting agent, Leef Property Management, who are also excited about our latest development in St Helens at Hall Street, confident that rental demand will be just as high.
Located in the historic county of Lancashire, St Helens is a popular, bustling town. The town is well served by local transport, including regular buses and 3 train stations, offering regular services to nearby Warrington, Liverpool and Manchester. Plus, there is great access to major motorway links, including the M62, M6 and M57, making this location ideal for commuters; Warrington (8 miles), Wigan (10 miles), Liverpool (17 miles) and Manchester (24 miles).
There is no need to miss out as 2 opportunities are remaining.
These lovely 2 bed, new build houses are in the centre of St Helens, discounted by 12.5% off list prices and are available for only £96,500.
Two clients recently visited the development and were so impressed, they reserved immediately.
Leef Property Management state that these are ideal rental properties in a great central location. There is an abundance of local amenities and excellent transport links – perfect for commuters. Being located in such a high rental demand area, they believe monthly rental amounts of between £525 – £575 should be achievable, which would produce anticipated gross rental yields of up to 7.2%.
The properties are scheduled to be build complete Q4 2019 – Q1 2020.
The development is ideally located in the heart of St Helens, within walking distance of the train station and the town centre. These lovely properties are being built to a high level of specification, include turf and fencing and benefit from brickweave driveways, providing a generous space for one vehicle.
Great reasons to invest :
For further information on this investment opportunity, please contact the PIP team using the form below: