DMS Property says ..

Property Oracle says ..

This property located on Baileys Lane in Halewood, Liverpool, presents a mixed-use opportunity. Currently listed at £350,000, the property comprises a ground floor commercial space and a 3-bedroom residential flat above. The images reveal a building in need of significant renovation, both internally and externally. The interior is largely unfinished, showing exposed walls and floors. Despite this, it does appear that a new kitchen and bathroom have been fitted. The external brickwork requires attention, and the property’s overall aesthetic is somewhat dated. However, the property is advantageously located near several primary and secondary schools, with ratings of ‘Good’ reported for some. Halewood train station is conveniently close, offering good transport links. Nearby streets offer a range of average property prices, with some exceeding the listing price, suggesting potential for profit once the renovation is complete. The property also features a small garden, though it currently appears unkempt. Overall, the property represents a significant undertaking for a prospective buyer but may offer potential for investors prepared for a substantial refurbishment project. However, further due diligence will be necessary, including obtaining precise square footage details to definitively determine its value. The lack of this information impacts the overall assessment of the property’s potential return on investment.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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