Summary - 120 VICTORIA ROAD WALLASEY CH45 2JF
1 bed 1 bath Commercial Property
Central buy-to-let with ground-floor income and clear conversion upside.
- Freehold four-storey period building on prominent Victoria Road
- Ground floor tenanted as bar/restaurant, current rent £500 pcm
- Upper three floors unused; potential for flats or offices (consents required)
- EPC rating B; mains gas boiler and radiators
- Built c.1900–1929, solid brick construction; no confirmed insulation
- High-crime, very deprived local area; factor this into rental assumptions
- Sold via auction; buyer pays £1,500 contract fee plus any seller charges
- Property not internally inspected; buyers must verify condition and services
A four-storey period building on Victoria Road offered at auction with guide price £280,000. The ground floor is tenanted as a bar/restaurant/gallery, producing a low current rent of £500 pcm on a five-year tenancy with a rent review after five years. The property has an EPC rating of B and mains gas central heating; upper three floors are unused and present clear scope for conversion to flats or offices, subject to planning consent.
This is a value-add opportunity for an investor prepared to manage refurbishment and planning. The building is solid-brick circa 1900–1929 with double glazing but no confirmed insulation; conversion will require works, consents and likely upgrades to services. Legal and physical due diligence is essential: the seller’s agents have not inspected internally and no planning permissions have been sought or granted.
Material considerations include a high-crime, very deprived local area and the auction sale process. Buyers should budget for the auction buyer contract fee (£1,500 inc VAT) and check the legal pack for any additional seller charges. The location sits in New Brighton’s Victoria Quarter, a cultural hub that may support leisure or residential rental demand after redevelopment.
This lot suits an investor or portfolio buyer seeking a central, mixed-use property with immediate ground-floor income and development upside above, and who is comfortable with auction risks, refurbishment budgets, and securing necessary consents.
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