stamp duty: £59,550
mortgage fees: £1,500
conveyancing fees: £7,000
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This is a unique opportunity to purchase a ready-made portfolio in Widnes and St Helens.
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Widnes is a town in Cheshire, England on the northern bank of the River Mersey, directly across from Runcorn. Warrington is around 8 miles to the east and Speke, a part of Liverpool, is around 4 miles west.
Widnes is well connected via road network with the A562 going through the town connecting it to Liverpool and the M57 and M62 motorways.
The town also has two railway stations, Hough Green and Widnes which are operated by East Midlands Railway and Northern. Northern run regular services to Liverpool and Manchester city centre from both stations whilst East Midlands Railway connect Widnes with hourly services to Liverpool, Manchester, Stockport, Sheffield, Nottingham and Norwich. Typically passengers travelling to and from London, the Midlands and the South tend to travel to Runcorn station instead and make the short journey across the Mersey Gateway Bridge by bus or taxi.
There are two airports nearby, Liverpool John Lennon Airport, which is around 6 miles away and Manchester Airport, which is around 25 miles away.
Widnes town centre offers a diverse selection of popular high street stores and smaller independent boutiques as well as Widnes indoor and outdoor markets where one can find groceries, flowers and gifts. Widnes Shopping Park also offers a number of shops and food outlets.
There are also a number of community facilities such as the library in Victoria Square, The Queens Hall Studio, Victoria Park, Kingsway Leisure Centre and Hive Leisure Park.
Education is provided by a number of primary schools, nursery schools, three secondary schools, Riverside College and three special schools.
Widnes is an industrial town whose main industry is still the manufacture of chemicals.
St Helens is a large town in Merseyside and is well served by motorway links with the East/West corridors of the M58 and M62 to the North and South of the town respectively. The town is also served by the parallel running North/South routes of the M57 and M6 to the East and West.
Since the millennium, St Helens has become a focus for a whole borough scheme of Urban Regeneration initiatives in coordination with local Housing Authorities, Business and Art Projects in addition to European, Regional and Central Government funding such as the Neighbourhood Renewal Fund, the North West Regional Development Agency and The Mersey Partnership as part of the European Regional Development Fund.
For families seeking a variety of education there are many good options such as St Aidan's CE Primary School primary and Rainhill High School secondary to name a few.
There are a number of great attractions in the town ranging from the famous Ye Ol’ Gror Distillery, the Ridgefield National Wildlife Refuge and the World of Glass.
There are a number of large employers in nearby Warrington such AMEC Foster Wheeler PLC, Lookers PLC, Essar Oil and Certas Energy.
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Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.
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