Prosperity Wealth

Market Court

Birkenhead

Overview

Forming part of Prosperity’s conversion portfolio, this development comprises of 59 stylish, contemporary one and two bed apartments.

With planning consented under permitted development rights, Market Court is located in Birkenhead town centre, with a wide range of popular high street shops and amenities. Both the bus station and train stations are also easily accessible on foot.

Key points

  • Property type:
    PDR conversion
  • Location:
    Birkenhead
  • Units available:
    59 one and two bed apartments
  • Guide price:
    £99,995 - £109,995
  • Predicted yield:
    7%

Status: Planning granted

Estimated completion: Q4 2021

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It's all about the location

Market Court is located in the market town of Birkenhead in Wirral borough, just across the River Mersey from Liverpool. The town is within 10 minutes of Liverpool city centre via Merseyrail or the Mersey Tunnels which makes it an attractive proposition for property investors.

Location 01

Location

Birkenhead sits on the west bank of the River Mersey just opposite one of the UK’s most vibrant cities - Liverpool.

02

Regeneration

Both Liverpool and the Wirral have benefitted from extensive regeneration and development schemes. Birkenhead town centre is set to be remodelled in an ambitious £1 billion Wirral masterplan.

Regeneration
Business 03

Business

More than a thousand offshore wind turbines are planned for the Irish Sea and the Wirral is fast-becoming the main hub on the west coast of the country, for manufacturing, operations and maintenance.

04

Connectivity

Key business sites are all adjacent to the motorway network. Fast trains to London take just over two hours and Liverpool John Lennon Airport serves Wirral, with flights to over 200 international destinations.

Connectivity
Education 05

Education

Wirral is becoming a hotspot for students with the new University of Chester dedicated Health & Nursing education facility which opened in September 2018 in Birkenhead.

06

Rental Market

Merseyside features heavily as one of the best performing regions in the UK when it comes to rental yields, making it perfect for buy to let investors who are looking to maximise their income.

Rental Market

The property & investment

Prosperity’s trademark design delivers style and contemporary elegance to every development. All homes will feature an open plan living area, stylish custom fitted kitchen with integrated appliances and a contemporary white bathroom suite.

Each apartment has been intelligently planned to create the best accommodation flow possible in which to socialise and relax and an individual specification selected to maximise the appearance and long-term enjoyment of each newly created home.

Payment plans

No Mortgage

1 Bedroom Apartment

Purchase Price: £99,995.00
Reservation Deposit: £4,999.75 plus £850 legal fee
Monthly Payment Stage: 24 x £2,708.20

Remaining payments are covered by rental income over 5 years.
This option is perfectly suited to clients without a large lump sum. Payments can be made across the 24 month build term – keeping payments low.

Payment plan provided is correct at the time of development launch.

Estimated gross rental income £600 per month / £7,200 per year
Estimated gross rental yield 7.20%

Monthly & Mortgage

2 Bedroom Apartment

Purchase Price: £109,995.00
Reservation Deposit: £5,499.75 plus £850 legal fee
Monthly Payment Stage: 24 x £1,374.94

Remaining balance by way of cash or mortgage
Stamp duty and mortgage arrangement fee applicable

Payment plan provided is correct at the time of development launch

Estimated gross rental income £650 per month / £7,800 per year
Estimated gross rental yield 7.09%