Forums Forums Wirral Information Ask - Wiki Wirral Where's a good area to buy a house in the Wirral?

Was thinking of buying a house then renting it out then when its paid off getting it back.

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!

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.

Caldy!

Birkenhead North end Should be able to buy a whole street for 100,000,

Under 150k house I had in mind. A particular house that will rise in value.

Try round slatey road area oxton or prenton.

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.

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

For £300,000 you can have "The Neppy" or "Peggy Gadflys" in Victoria Road New Brighton, complete with secret tunnels!!