Central freehold block with renovation upside and immediate rental income potential.
- Freehold terrace converted into three flats (81, 81A & 81B)
- Two flats currently let, one vacant for renovation
- Known roof defects; damp and wood rot from leaks
- Requires full renovation; no appliances tested
- Sold at online unconditional auction; legal pack available
- Low Council Tax (Band A); fast broadband provision
- Very deprived area with above-average crime rates
- Administration and buyer's premium fees payable on exchange
A freehold, terraced property converted into three self-contained flats in a central Birkenhead location. Two of the flats are currently tenanted, offering immediate rental income while the third unit provides vacant possession and renovation potential. Fast broadband and local amenities — shops, schools and regular bus links — suit hands-on landlords or local investors.
The building requires significant work: known roof defects, damp and wood rot from leaks have been reported and the property has not been inspected by the auctioneer. Buyers should expect refurbishment costs to make all units habitable and watertight; the Legal Pack should be reviewed carefully before bidding. Council Tax Band A and low local taxes reduce holding costs but the area shows very high deprivation and above-average crime rates.
This lot is offered via online unconditional auction. Successful bidders must pay the deposit and fees on exchange (administration fee £1,200 inc VAT; buyer's premium £1,800 inc VAT) and comply with the sale memorandum. The sale is best suited to experienced investors or developers comfortable buying at auction and managing immediate repairs to unlock improved rental value or resale uplift.
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