St. Pauls Road

£95,000
  • Ref: 10213
  • Type: Terrace
  • Bedrooms: 5
  • Bathrooms: 3
  • Tenure: Freehold
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Property Features

  • Development potential
  • Possibility to add value
  • HMO
  • 5 min walk to Wirral Waters
  • Requires some renovation
  • Ideal for company let
  • Improving area
  • DG and GCH
  • Great transport links
  • HMO conversion team ready to go

Property Summary

A much larger than average 5 bed house operating until recently as an HMO. It has just had a range of improvements completed but requires further works to bring it to lettings standard

Full Details

The property is located in the Seacombe area of Wallasey and is only a 5 minute walk from the first phase of the Wirral Waters development. It is our view that this property would be ideal as a base for contractors bringing men to work on this development, which is due to start soon and scheduled to last some 20+ years in total.

This much larger than average 5 bed house has been operating until recently as an HMO. It had a series of recent works completed and is in a mortgagable condition. It now requires a further schedule of works to bring it back to modern lettings standard.

If renovated back to an HMO it could rent for £1,840 pcm.

An alternative option may be to convert it to 4 of 1 bed apartments, and the property lends itself to this style of conversion.