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#736208 - 23rd Oct 2012 2:35pm Where's a good area to buy a house in the Wirral?
ultimate Offline
Member

Registered: 29th Jul 2012
Posts: 59
Loc: wirral
Was thinking of buying a house then renting it out then when its paid off getting it back.

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#736209 - 23rd Oct 2012 2:52pm Re: Where's a good area to buy a house in the Wirral? [Re: ultimate]
Henderson13 Offline
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Registered: 4th Sep 2012
Posts: 247
Loc: Moreton
All depends on how much you have to spend and how much you expect in rent.

I live in Moreton and would like ot think I live in a nice area and I know houses are rented 600+. But then you can be looking at a 120k + to buy. Again it depends on what you are looking for!
_________________________
Inveniam viam aut faciam

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#736370 - 24th Oct 2012 3:58am Re: Where's a good area to buy a house in the Wirral? [Re: ultimate]
Clever1 Offline
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Registered: 20th Oct 2012
Posts: 26
Loc: Birkenhead
Buy the best house that you can afford in the best area - in most instances this will involve some repair & maintenance. Prepare to part with at least a 30% deposit and don't expect the rent to cover the mortgage, when rates go up again a lot of people will find themselves having to fund this through a smaller disposable income. See what the banks have by way of repossessions.

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#736381 - 24th Oct 2012 8:31am Re: Where's a good area to buy a house in the Wirral? [Re: ultimate]
Tatey Offline
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Registered: 14th Apr 2009
Posts: 1412
Loc: New Brighton
Caldy!

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#736435 - 24th Oct 2012 10:40am Re: Where's a good area to buy a house in the Wirral? [Re: Tatey]
2005wireman Offline
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Registered: 13th Jan 2011
Posts: 255
Loc: Warrington
Birkenhead North end Should be able to buy a whole street for 100,000,

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#736450 - 24th Oct 2012 12:15pm Re: Where's a good area to buy a house in the Wirral? [Re: ultimate]
ultimate Offline
Member

Registered: 29th Jul 2012
Posts: 59
Loc: wirral
Under 150k house I had in mind. A particular house that will rise in value.

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#736459 - 24th Oct 2012 12:38pm Re: Where's a good area to buy a house in the Wirral? [Re: ultimate]
2005wireman Offline
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Registered: 13th Jan 2011
Posts: 255
Loc: Warrington
Try round slatey road area oxton or prenton.

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#737340 - 27th Oct 2012 1:30am Re: Where's a good area to buy a house in the Wirral? [Re: ultimate]
Elizabeth Offline
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Registered: 28th Jul 2011
Posts: 718
Loc: Prenton, Wirral
There are some 3 bed semi detached houses in Bromborough & Eastham on the market now asking less than 150k. and from what I can tell on rightmove.co.uk most of them would rent at around 650 ish a month if you were to purchase one.
Good Luck with it.

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#737377 - 27th Oct 2012 10:38am Re: Where's a good area to buy a house in the Wirral? [Re: ultimate]
derekdwc Online   content


Forum Veteran

Registered: 13th Oct 2008
Posts: 4945
Loc: Birkenhead
If you are not going to live in it yourself, why not buy a Pub and convert into as many flats as you can for rent.
Not the best of areas ,the Bidston Pub is up for Sale (190,000) click for pic

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#737411 - 27th Oct 2012 12:13pm Re: Where's a good area to buy a house in the Wirral? [Re: ultimate]
Tatey Offline
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Registered: 14th Apr 2009
Posts: 1412
Loc: New Brighton
For 300,000 you can have "The Neppy" or "Peggy Gadflys" in Victoria Road New Brighton, complete with secret tunnels!!

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