Chain-free Victorian block with strong rental uplift potential after refurbishment..
- Freehold mid-terrace block of four flats, central Woodchurch Road location
- Two flats let (total current income low), two flats vacant, scope to increase rents
- Requires refurbishment: kitchens, decoration, flooring and minor repairs
- Electric room heaters, likely solid brick walls with no insulation
- Council Tax Band A; running costs currently low but EPC improvement needed
- Main road frontage offers retail rental potential but brings street noise
- Very deprived area and above-average crime; rental demand from constrained renters
- Property subject to public notice/repossession process and chain-free sale
A freehold block of four self-contained flats over a Victorian mid-terrace on Woodchurch Road, offered chain-free as a buy-to-let or small development project. Two flats are currently tenanted (one at £390pcm, one at £385pcm) and two vacant; projected rents for vacant units are approximately £500pcm and £650pcm after light modernisation. The building presents clear scope to increase income through refurbishment and minor layout/upgrading works.
The property requires internal refurbishment and decorative works: kitchen units damaged or missing, scuffed walls, and flooring edges needing attention. Heating is by electric room heaters and the building is assumed to have solid brick walls with no insulation — expect energy upgrade costs. Some units need immediate work before re-letting; refurbishment will drive rental uplift but will require capital and project management.
Location is central Birkenhead on a main road with retail frontage and good footfall for the ground-floor commercial potential, but street noise is likely to affect residential amenity. The area is very deprived with above-average crime statistics and constrained-renter demographics; this reduces purchaser breadth but supports rental demand and yields for investors seeking higher returns. A public notice of offer is attached; buyers should note the property is the subject of a repossession/public notice process.
Overall this is a pragmatic investment for a cash buyer or small developer who can manage refurbishment, tenant turnover and energy improvements to realise rental uplift and longer-term capital growth. Survey and full legal/title checks are recommended given the building age, condition and advertised notice period.
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