Opportunity to purchase a small HMO portfolio generating a 11.5% gross yield in Wallasey & Prenton, Birkenhead

Wallasey

Wallasey is a town in Merseyside on the mouth of the River Mersey and adjoining the Irish Sea. It lies around 6 miles west of Liverpool and 4 miles north of Birkenhead.

Wallasey comprises of 6 distinct districts and doesn’t have a single Wallasey town centre. The districts are Egremont, Liscard, New Brighton, Poulton, Seacombe and Wallasey Village.

There are a number of important road links such as the Kingsway Tunnel which links Wallasey with the centre of Liverpool and the M53 motorway with begins in Poulton and goes to Chester and the M56 motorway, continuing on to Manchester Airport.

There are three railway stations, Wallasey Village, Wallasey Grove Road and New Brighton. Trains to Liverpool and Birkenhead depart regularly here. A change at Birkenhead North provides access to West Kirby, Liverpool city centre and routes towards Chester and Ellesmere Port.

In the centre of Wallasey is the Cherry Tree Shopping Centre offering several popular high street brands whilst outside of Wallasey is a retail park and a large supermarket in nearby Bidston. Wallasey village and Liscard offer a variety of shops and independent stores including florists, pet shops, arts and crafts shops and others.

For outdoor lovers Central Park in Wallasey offers three formal gardens, large open spaces, nature ponds, a lake a visitor’s centre, children’s playground and sports facilities for bowls, cricket and basketball. Wallasey beach is also popular with dog walkers, kitesurfers and explorers.

Birkenhead

Birkenhead is a town in Borough of Wirral, Merseyside. Located on the Wirral Peninsula, along the west bank of the River Mersey, within 10 minutes of Liverpool and close to Cheshire, North Wales and Greater Manchester.

Manufacturing employment is a strong component of the workforce profile, with proportionately more residents working in various manufacturing activities than in the region or across England as a whole. Firms include JLR, GM and Airbus.

More than a thousand offshore wind turbines are planned for the Irish Sea and Wirral is fast-becoming the main hub on the west coast of the country, for manufacturing, operations and maintenance. Cammell Laird, DONG Energy, Siemens and RWE are all active here.

Wirral is also a key location for Unilever's operations. Port Sunlight is home to its largest European manufacturing site, producing well-known laundry and homecare. Wirral is also home to one of Unilever's six global research and development centres, driving innovation in household brands.

Wirral is highly connected for local businesses; all adjacent to the motorway network, putting you just a few minutes from Liverpool, Manchester in less than an hour and Birmingham in under two. Liverpool is one of the few cities outside London to have its own underground and commuter railway known as Merseyrail offering fast access around the city centre and to the Wirral, Southport and Chester amongst other places.

Fast trains to London take just over two hours from Chester and Liverpool. Two airports also connect the area – Liverpool John Lennon and Manchester with flights to more than 200 international destinations and a major air freight hub less than an hour’s drive away.