National Residential says ..

Property Oracle says ..

This property in Wallasey, Merseyside, presents itself as a mixed-use investment opportunity. It comprises a terrace block with two ground-floor commercial units and six flats. The location on King Street provides easy access to local amenities, and the proximity to several Merseyrail stations offers good transport links. While the exterior of the building maintains a reasonable appearance, the interior photos reveal that the flats require a significant level of modernisation. The kitchens and bathrooms are outdated, and the overall condition suggests a need for refurbishment throughout. There is no mention of parking and the lack of a garden or significant land may affect its attractiveness to some buyers. The asking price of £225,000 sits within the price range of comparable properties in the area but the need for substantial renovations should be carefully weighed against this value. Investors seeking a hands-on project with potential rental income might find this property appealing, while buyers looking for a move-in-ready home may prefer to explore other options. The absence of specific details concerning the size of the commercial units and the potential rental income of the entire block also creates uncertainty on the precise financial outlook of this investment opportunity. Further investigation into these factors would be essential for any prospective purchaser.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images