The Wirral News ● Wednesday, June 6, 2012
● Visit our website: www.wirralnews.co.uk
wirralhomes
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Buyers put zest into lets
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LEADING lettings agent has seen a surge in the number of new investors who are keen to expand their buy-to-let portfolios, as the market continues to make a strong comeback.
MD of award-winning property lettings firm Zest Lets, Julie West, said her team has received an increasing number of enquiries in the past eight weeks from those keen to purchase potential lettings properties. Her comments came as research revealed a quarter of searches on national property websites are for buy-to-let, with figures looking set to rise even further throughout this year. There has also been increasing interest in auction
rooms from buy-to-let investors. Commenting on the increase of interest in buy-to-let properties, Julie said: “Both interest rates and property prices are low, meaning that the current buy-to-let market is the perfect option for investors at the moment. “Those who are savvy are snapping up properties from us to benefit their portfolios, and many investors are also heading to the auction room to grab a bargain. “The main advice that I would give to anyone thinking of doing the same would be to do their homework – do some research, and choose the right property. You also have to look at good locations and pick quality areas where you know there is a demand for lettings
properties. I believe that with said great demand, rents will rise in the next 12 months.” According to the Council of Mortgage Lenders, new buy-tolet lending in the first quarter of this year totalled £3.7bn (32,300 loans) – which is 32% higher than in the first quarter of 2011. A return to the boom years of buy-to-let still seems a way off, as buy-to-let lending is still only around a third of its 2007 levels; however, recent increases in activity suggest the market is picking up. For more advice on the local lettings market, contact Julie at Zest Lets on 0151 933 7303. The company offers a comprehensive array of lettings services throughout Wirral, Liverpool and Merseyside.
DETACHED ● Rake Cottage, The Rake, Burton, £1,500pcm
THIS charming unfurnished four bedroom detached cottage is set in beautiful grounds in the desirable rural village location of Burton. Secluded and private, the accommodation comprises a hallway, study/sitting room, lounge, inner hall with side
entrance, dining room, large farmhouse kitchen diner with doors through to a magnificent conservatory, a side conservatory, utility room and downstairs bathroom. Upstairs there are four bedrooms, the master bedroom having fitted
wardrobes and an en-suite shower room. There is also a family bathroom. Externally, there is a garage as well as lovely cottage gardens. ● Clive Watkin Lettings, Neston: 0151 336 4141
APARTMENT ● One Park West, Liverpool city centre, £600pcm
LOCATED in the heart of Liverpool city centre, this one bedroom apartment benefits from central heating, double glazing, city views and fitted appliances.
In addition, there is a concierge service available. The property is available in August and comes unfurnished. Close to the shopping at
Liverpool ONE, bars, restaurants and theatres, this apartment is well worth an early inspection. ● The Property Centre: 0151 639 7500
● MD of Zest Lets, Julie West
DETACHED ● Brearley Close, Bidston, £895pcm
THIS executive detached modern property is situated on a popular sought-after development giving easy access to local centres and motorways for commuting. Inside, the property offers spacious well-planned accommodation comprising an entrance hall, cloakroom/wc,
lounge, dining room, study and a fully fitted kitchen/ breakfast room with built-in oven/hob and extractor hood with a good range of wall and base units. To the first floor there are four double bedrooms, the master bedroom benefiting
from an en-suite shower room, and a modern bathroom. Externally there is a brickbuilt garage, driveway for parking and access to the rear enclosed private gardens and shed. ● Northwood Wirral Limited: 0151 348 4527
APARTMENT ● Oliver House, Oliver Lane, Great Sutton, £550pcm
THIS is a modern, two bedroom purpose-built ground floor apartment located in a sought-after area of Great Sutton. The property is conveniently located for access to the motorway network for commuting to Liverpool, Chester and Manchester.
Approached via a secure communal entrance, this selfcontained apartment comprises a hall, open-plan lounge and modern fitted kitchen with breakfast bar and patio doors leading to a private patio area. From the lounge there are
two bedrooms, one with fitted mirrored wardrobes, and a bathroom with shower over the bath. There is also secure allocated parking. The property is available immediately. ● Grosvenor Properties: 0151 342 3465