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2 bedroom semi-detached house for sale
Vernon Avenue, Wallasey, Wirral
£55,000
Vernon Avenue, Wallasey, Wirral
£55,000
Our Summary
- Cash Buyers Only
- This property offers maximum potential and is ideal for experienced renovators or investors willing to undertake the necessary work
- Suitable for cash buyers only
- While the property offers potential, it will require substantial investment
Description
This two-bedroom semi-detached house is a project property that requires significant investment due to subsidence, which has caused structural issues such as cracks in the walls and uneven floors. The foundation needs underpinning and repairs, making it suitable only for cash buyers willing to undertake the necessary work. Despite its condition, the property offers potential for renovation and has a generous front reception room, dining room, and small kitchen that could be knocked through to create open-plan living. Upstairs, there are two reasonably sized bedrooms and a family bathroom, and the property also comes with a private yard and outbuildings. With a potential rental income of £700 per month, this property could yield a 15% return on investment if purchased at £55,000.