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4 bed semi-detached house
Kingsway, Wallasey CH45
£220,000
-4.3%
Next Steps
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Price History
Initial price £230,000
May 7, 2026 £220,000
Price Change -4.3%
Our Summary
- Offering established rental income and generous accommodation throughout, this freehold building presents a ready-made investment with clear scope for improvement
- Refurbishment and cosmetic works are required throughout both flats, and the asking price reflects the condition and opportunity to add value
- The flat requires redecoration and upgrading, with evidence of damp and mould present in areas
- Condition: Improvement works are required throughout
- Modernisation and remedial works are needed
- For Investors• Freehold building• Two self-contained flats• Current combined rental income: £1,295 per calendar month (£15,540 per annum)• Long-standing tenants in situ• Refurbishment required throughout• Price reflects condition and scope for improvementThe property offers clear potential to enhance rental income and capital value following a programme of works
- 80 m²A substantial freehold investment with immediate income and clear potential to refurbish and reposition
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Description
The property is a substantial freehold building in Wallasey, comprising two self-contained flats. The first floor flat has one bedroom and one bathroom, and requires redecoration and upgrading, while the second floor maisonette has three bedrooms and a bathroom. Both apartments have external access to the rear garden, with the ground floor flat also having a patio, raised decking, and lawned areas.
The building offers generous accommodation throughout, with a combined floor area of approximately 80 m².