Sutton Kersh retained on buy to let investment scheme

Sutton Kersh Lettings has been retained as the selling agent on a major buy to let investment scheme in Liverpool.

Mill View Tower apartments provide investors with a unique opportunity to purchase the two bedroom units within a private gated community, for significantly less than their current market value.

The fully managed apartments are currently available for just £59,950, which is around £20,000 (25.06%) less than a recent independent valuation carried out by a member of the Royal Institution of Chartered Surveyors (RICS).

The apartments are being sold on a long leasehold basis for a period of 125 years, with investors guaranteed a two year, 10%, net rental income of £5,950 per annum.

Philip Lawton Director of Lettings at Sutton Kersh said: ‘Mill View Tower offers individual investors an excellent ‘hands off’ opportunity to enter the property market at an accessible level and allows them to capitalise on the surge in demand for rental properties in this part of Liverpool.’

The apartments are just a mile from the city centre, close to the University, Albert Dock and the Echo Arena. The area is highly desirable with families, commuters and young professionals, where similar apartments were selling for £145,000 as recently as 2008.

For more information on this unique 'hands off', high yielding investment opportunity please contact Sutton Kersh now on 0151 236 2332.