Waterview Place
- Location
- Whitehaven
- No. of apartments
- 27
- Apartments from
- £90,000
Waterview Place Overview
Comprising 27 meticulously crafted and completed apartments, Waterview Place commands panoramic views that stretch across the town’s storied harbour. Each residence has been thoughtfully designed to capture the essence of the locale.
With affordability at the forefront, coupled with the promise of robust returns, Waterview Place stands as an enticing investment opportunity, ensuring that both investors and residents alike can partake in the allure of this distinctive and economically viable development.
Waterview Place Investment Highlights
- Purchase price: £90,000
- Expected yields of 13%
- Waterside investment opportunity
- Short-term let opportunity
- Hands-off, fully-managed investment
Why invest in the holiday let market?
The UK has a thriving tourism industry, with millions of visitors flocking to its captivating landscapes, historic sites, and vibrant cities each year, ensuring a consistent demand for holiday accommodation. The market has reached new heights even after the initial boom from the pandemic to become one of the most profitable investment classes available, something that looks set to continue for the foreseeable future.
UK tourism is set to be worth an impressive £257 billion by 2025, showcasing just how crucial of a role the sector is playing in fuelling the economy’s growth. VisitBritain’s forecast of 35.1 million visits in 2023 further reinforces the immense popularity of holiday destinations in the country. These visits are projected to result in a tourism spend of £29.5 billion, reflecting the increased enthusiasm of travellers to explore the UK’s diverse offerings.
Why invest in Whitehaven?
Nestled along the picturesque Cumbrian coast, the maritime port town of Whitehaven stands as a beacon of historical significance and promising investment potential. The presence of Georgian architecture, earning Whitehaven its designation as a ‘gem town,’ further contributes to the town’s charm, making it an appealing destination for those seeking unique and authentic experiences.
The Lake District continues to be a popular holiday location, due to its timeless beauty and character.
Nearby
- Lake District
- Cockermouth (14 miles)
- Scafell Pike (20 miles)
- Keswick (27 miles)