Bailey and Staples says ..

Property Oracle says ..

This property on Mallaby Street, Birkenhead, presents a significant opportunity for investors or developers. Listed as a block of apartments, it features 10 bedrooms and 7 bathrooms, suggesting potential for high rental yield. Its location offers reasonable access to local amenities, schools, and transportation links such as Birkenhead North station. However, the property’s condition is a major drawback. The images reveal that it requires extensive renovation throughout. This includes updating the kitchens and bathrooms, addressing general wear and tear, and improving the overall aesthetic appeal. While the asking price of £320,000 may seem attractive given the property’s size and potential, prospective buyers should carefully consider the likely costs of renovation before making an offer. The lack of a garden or significant land is also a factor to consider, potentially limiting its appeal to some tenants or buyers.

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

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