Grove Road, Birkenhead, Merseyside, CH42
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Grove Road, Birkenhead, Merseyside, CH42

By Propeller Lettings

£ 180,000

Reviews

2 out of 5 stars

Propeller Lettings says ..

Investment opportunity! This mixed use terraced Property on Grove Road, Birkenhead, presents a versatile layout with a shop front, ground floor studio apartment, and a spacious four-bedroom upper duplex apartment. Offering a modern kitchen and no chain, this property is an attractive prospect for...

Property Oracle says ..

This property on Grove Road, Rock Ferry, Birkenhead presents a unique investment opportunity. The property is a mixed-use building, combining residential and commercial spaces. The residential section consists of a five-bedroom property with two bathrooms, which is currently undergoing renovations or may not be fully completed. Images indicate some areas, including parts of the kitchen and a potential ground floor commercial space, are unfinished or require substantial work. The property’s internal condition shows inconsistencies; some parts have been upgraded (e.g., bathrooms and bedrooms), while others remain partially completed or show signs of wear and tear. The external condition is relatively typical for the area based on the visible facade. The property does feature a small rear yard, though its size and condition aren’t fully detailed. The property’s location offers convenience with proximity to Rock Ferry Train Station and several well-regarded primary schools. Given the mixed-use nature, the pricing needs further investigation. The lack of precise residential square footage and a full account of the renovation work needed hinders a complete financial assessment of the purchase. Prospective buyers need to carefully consider the renovation costs and assess the overall financial viability based on their intended use (residential or mixed-use). It’s also crucial to factor in potential rental income if the property is to be used as an investment. Further investigation into the completion cost of the renovations is absolutely vital to determine the value of the property. Overall, the property offers potential, but requires careful consideration of its current condition and the costs associated with completing the renovations. The location scores well in terms of convenient access to transport and local schools, but the lack of information on the size and quality of the garden and the incomplete internal renovation impacts the overall assessment.

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

Price
6
Condition
4
Location
7
Land
2
Bedrooms
5
Bathrooms
2
Sqft (est)
2,588.72

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
248,333.00 £
Increased by 73.97 %
from 142,743.00 £
Est sale value
530,687.60 £
Increased by 22.02 %
from 434,904.96 £
Average area rental value
733.00 £/mo
Increased by 10.39 %
from 664.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.54 %
Decreased by 36.56 %
from 5.58 %
Crime Rate
18.00 %
Unchanged by 0.00 %
from 18.00 %

Agent Activity

  • Propeller Lettings created the listing.

Nearby Schools

NameTypeOfstedDistance
Rock Ferry Primary SchoolCommunity SchoolGood0.37 KM
Rock Ferry Children'S CentreChildren's Centre0.40 KM
St Anne'S Catholic Primary SchoolVoluntary Aided SchoolGood0.67 KM
Well Lane Primary SchoolCommunity SchoolGood0.77 KM
Bedford Drive Primary SchoolCommunity SchoolGood1.26 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Meadow Lane £ 000.00 KM
Shakespeare Avenue £ 000.00 KM
Medway Road £ 000.00 KM
Queens Road £ 175,00000.00 KM
Richardson Road £ 130,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Rock Ferry2189RFY0.24 KM
Green Lane2218GNL1.29 KM
Bebington2188BEB1.92 KM
Birkenhead Central2217BKC1.99 KM
Birkenhead Hamilton Square2219BKQ2.50 KM

Nearby Listings

AddressPriceTypeScoreDistance
Grove Road, Birkenhead, Merseyside, CH42 £ 180,000BUY4 / 100.00 KM
Rockville Street, Birkenhead, Merseyside, CH42 £ 200,000BUY6 / 100.04 KM
Bedford Road, Rockferry, Birkenhead, CH42 £ 390,000BUY6 / 100.12 KM
Rockville Street, Birkenhead, Wirral £ 160,000BUY7 / 100.14 KM
Mulberry Road, Birkenhead, Merseyside, CH42 £ 65,000BUY4 / 100.15 KM

Nearby Properties

AddressPriceDistance
75 Grove Road £ 150,0000.03 KM
73 Grove Road £ 15,0000.03 KM
77b Grove Road £ 81,0220.03 KM
57 Grove Road £ 66,9500.03 KM
77a Grove Road £ 81,0220.03 KM