Radnor Place, Prenton, Merseyside
By HMO Sales Expert
£ 230,000
Reviews
3 out of 5 stars
HMO Sales Expert says ..
This fully tenanted 6-bed, all-ensuite HMO in Prenton generates £31,596 annually with a 13.74% gross yield and 8.44% net yield. Close to NHS hospitals, manufacturing hubs, and Liverpool, it benefits from strong tenant demand. With excellent transport links, ongoing regeneration, and professional ...
Property Oracle says ..
The property is located in Prenton, Wirral, Merseyside. This area benefits from being relatively close to several railway stations, including Birkenhead Park (0.90 km), Conway Park (1.70 km), Birkenhead Central (1.85 km), Green Lane (2.43 km), and Birkenhead Hamilton Square (2.70 km). There are also a number of primary schools within a reasonable distance, some rated ‘Good’ by Ofsted, offering families various options. The proximity to transport links and schools is a positive aspect of the location. However, without further information on the specific amenities and character of the immediate neighbourhood, a more comprehensive assessment of location is difficult. Based on the provided images, the property appears to be a brick house in relatively good condition. The interior shows some modernisation, with updated kitchens and bathrooms. While the decor is simple, there are no immediately apparent signs of significant disrepair or damage. However, a full structural survey would be needed to confirm the overall condition. The property does show some signs of age and traditional features, which could be considered charming by some buyers. The property has a small yard/garden area to the rear, shown in the images. While not extensive, it provides some outdoor space. The size is limited, so this is not a significant feature. The list price of £230,000 needs to be considered in relation to the local market. The average price in the area is £264,994, and the average price per square foot is £271. This property is larger than average (1,591.60 sqft compared to the average of 975 sqft). Considering the property’s size, location, and apparent condition, the list price appears to be relatively reasonable, potentially slightly below the average price per sqft for the area, although more comparable data from nearby properties with similar features would assist in a more precise evaluation. The lack of sqft data for nearby properties makes a definitive statement on price difficult. The fact that this is a House of Multiple Occupation (HMO) is also a key factor to consider as this will affect the potential rental income and therefore the value.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 7
- Location
- 7
- Land
- 3
- Bedrooms
- 6
- Bathrooms
- 6
- Sqft (est)
- 1,591.60
- Lot (est)
- 2,245.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 326,923.00 £Increased by 8.27 %
- Est sale value
- 530,002.80 £Increased by 23.79 %
- Average area rental value
- 756.00 £/moIncreased by 3.42 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 2.77 %Decreased by 4.81 %
- Crime Rate
- 9.00 %Unchanged by 0.00 %
Agent Activity
HMO Sales Expert marked this listing as sold.
HMO Sales Expert created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Birkenhead Park School | Academy Sponsor Led | Requires improvement | 0.59 KM |
| Birkenhead Christ Church Cofe Primary School | Voluntary Aided School | Good | 0.68 KM |
| Progress Schools - Wirral | Other Independent School | Good | 0.71 KM |
| The Priory Parish Cofe Primary School | Voluntary Aided School | Good | 0.85 KM |
| St Werburgh'S Catholic Primary School | Voluntary Aided School | Requires improvement | 0.87 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Alexandra Road | £ 0 | 0 | 0.00 KM |
| Grange Mount | £ 115,000 | 0 | 0.00 KM |
| Westbourne Road | £ 190,000 | 0 | 0.00 KM |
| Irvine Way | £ 0 | 0 | 0.00 KM |
| Grange View | £ 110,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Birkenhead Park | 2220 | BKP | 0.90 KM |
| Conway Park | 3624 | CNP | 1.70 KM |
| Birkenhead Central | 2217 | BKC | 1.85 KM |
| Green Lane | 2218 | GNL | 2.43 KM |
| Birkenhead Hamilton Square | 2219 | BKQ | 2.70 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Grange Road West, Prenton | £ 110,000 | BUY | Unknown | 0.05 KM |
| Radnor Place, Birkenhead, CH43 | £ 310,000 | BUY | 5 / 10 | 0.06 KM |
| Grange Road West, PRENTON | £ 25,000 | BUY | 6 / 10 | 0.08 KM |
| Grange Road West, Birkenhead, CH43 4XB | £ 169,950 | BUY | 6 / 10 | 0.08 KM |
| Ravenscroft Road, Prenton | £ 85,000 | BUY | Unknown | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 5 Radnor Place | £ 65,000 | 0.06 KM |
| 14 Radnor Place | £ 184,950 | 0.06 KM |
| 18 Radnor Place | £ 130,000 | 0.06 KM |
| 12 Radnor Place | £ 165,000 | 0.06 KM |
| 11 Radnor Place | £ 250,000 | 0.06 KM |