3 Bed Terraced House, Refurb/BRRR, Wallasey, CH44 9ES, £85,000

Clarence Road, Wallasey, CH44 9ES - 2 views - a month ago

Auction
Refurb/BRRR
ROI: 4%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£57K - £150K
Sold Prices/m²£626/m² - £1.9K/m²

 

 

Square Metres

~93 m²
Price/m²£914/m²

Value Estimate

£87,550
BMV3%

 

 

End Value (After Refurb)

£112,128

Uplift in Value

+32%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£5,450

Refurb Costs

£39,206

Bridging Loan Interest

£2,231

Total Cash In

£69,888

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£112,128

Mortgage (After Refinance)

£84,096

Mortgage LTV

75%

Cash Released

£20,346

Cash Left In

£49,542

Equity

£28,032

Rent Range

£645 - £1,075

Rent Estimate

£773

Running Costs/mo

£525

Cashflow/mo

£248

Cashflow/yr

£2,976

ROI

4%

Gross Yield

11%

Local Sold Prices

50 sold prices from £57K to £150K, average is £113K. £626/m² to £1.9K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£115.5K06/230.01 mi12, Clarence Road, Wallasey, Merseyside CH44 9ET3
£72K04/210.03 mi35, York Road, Wallasey, Merseyside CH44 9EN3
£87.5K02/210.03 mi29, York Road, Wallasey, Merseyside CH44 9EN3
£77.5K02/210.03 mi9, York Road, Wallasey, Merseyside CH44 9EN3
£117K11/210.06 mi14, Shakespeare Road, Wallasey, Merseyside CH44 7HH3
£74.8K06/230.1 mi50, Lucerne Road, Wallasey, Merseyside CH44 7HA3
£57K05/210.1 mi58, Hartismere Road, Wallasey, Merseyside CH44 9DU3
£68K03/210.1 mi13, Bulkeley Road, Wallasey, Merseyside CH44 9DR3
£77.6K08/210.11 mi5, Lucerne Road, Wallasey, Merseyside CH44 7EZ3
£120K10/210.12 mi11, Drayton Road, Wallasey, Merseyside CH44 9EQ3
£110K01/210.12 mi18, Ilchester Road, Wallasey, Merseyside CH44 9DP3
£127.5K05/230.13 mi18, Ilchester Road, Wallasey, Merseyside CH44 9DP3
£88K02/210.13 mi56, Walsingham Road, Wallasey, Merseyside CH44 9DY3
£95K06/210.13 mi18, Walsingham Road, Wallasey, Merseyside CH44 9DY3
£94K03/210.13 mi21, Walsingham Road, Wallasey, Merseyside CH44 9DX3
£93.5K10/210.14 mi24, Ilchester Road, Wallasey, Merseyside CH44 9DP3
£85K11/200.15 mi141, Poulton Road, Wallasey, Merseyside CH44 9DF3
£130K12/220.15 mi22, Hartismere Road, Wallasey, Merseyside CH44 9DU3
£111K08/210.17 mi27, Birnam Road, Wallasey, Merseyside CH44 9AY3
£105K09/210.17 mi37, Gorsedale Road, Wallasey, Merseyside CH44 4AJ3
£105K07/210.18 mi27, Rycroft Road, Wallasey, Merseyside CH44 4AZ3
£130K02/230.19 mi43, Rycroft Road, Wallasey, Merseyside CH44 4BA3
£137.5K07/230.19 mi71, Rycroft Road, Wallasey, Merseyside CH44 4BA3
£135K06/230.19 mi36, Rycroft Road, Wallasey, Merseyside CH44 4BA3
£135K05/230.21 mi7, Birnam Road, Wallasey, Merseyside CH44 9AX3
£111K04/230.21 mi12, Birnam Road, Wallasey, Merseyside CH44 9AX3
£81.5K05/210.21 mi30, Park Road, Wallasey, Merseyside CH44 9EB3
£115K03/210.21 mi11, Mollington Road, Wallasey, Merseyside CH44 9BB3
£80K03/210.22 mi97, Oakdale Road, Wallasey, Merseyside CH44 7HS3
£80K05/230.22 mi101, Oakdale Road, Wallasey, Merseyside CH44 7HS3
£115K08/210.23 mi1, Lumley Road, Wallasey, Merseyside CH44 9AB3
£115K08/210.23 mi1, Lumley Road, Wallasey, Merseyside CH44 9AB3
£134K01/230.24 mi10, Barrington Road, Wallasey, Merseyside CH44 9BP3
£105K06/230.25 mi50, Albemarle Road, Wallasey, Merseyside CH44 6LX3
£130K01/230.25 mi27, Barrington Road, Wallasey, Merseyside CH44 9BP3
£135K08/230.25 mi5, Barrington Road, Wallasey, Merseyside CH44 9BP3
£85K01/210.25 mi94, Buchanan Road, Wallasey, Merseyside CH44 8DS3
£85K12/210.26 mi29, Alverstone Road, Wallasey, Merseyside CH44 9AA3
£117.5K05/230.26 mi19, Alverstone Road, Wallasey, Merseyside CH44 9AA3
£87.5K05/210.26 mi47, Edith Road, Wallasey, Merseyside CH44 6LG3
£118.5K06/210.26 mi68, Hampstead Road, Wallasey, Merseyside CH44 9BL3
£117.5K03/210.27 mi3, Hampstead Road, Wallasey, Merseyside CH44 9BJ3
£126.5K04/230.27 mi13, Hampstead Road, Wallasey, Merseyside CH44 9BJ3
£108K11/200.27 mi21, Hampstead Road, Wallasey, Merseyside CH44 9BJ3
£121K01/210.27 mi23, Hampstead Road, Wallasey, Merseyside CH44 9BJ3
£115K02/210.28 mi22, The Grove, Wallasey, Merseyside CH44 4BQ3
£117K03/230.3 mi8, Harcourt Avenue, Wallasey, Merseyside CH44 6LJ3
£115K01/230.32 mi42, Rappart Road, Wallasey, Merseyside CH44 6QE3
£132K06/230.32 mi9, St Pauls Road, Wallasey, Merseyside CH44 7AH3
£150K12/220.32 mi10, Lyncroft Road, Wallasey, Merseyside CH44 4AY3

Local Rents

33 rents from £645/mo to £1.1K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£79004/240.08 miYork Road, Wallasey3
£73502/240.11 mi-3
£85012/230.12 mi-3
£79503/240.12 miGeneva Road, Wallasey, Wirral3
£75005/240.12 miDrayton Road, Wallasey, CH443
£75005/240.12 mi-3
£77510/240.16 mi-3
£90012/240.16 mi-3
£75001/240.17 mi-3
£80003/240.18 miRycroft Road, WALLASEY3
£78502/240.23 mi-3
£78502/240.23 mi-3
£79503/240.26 miEdith Road Wallasey3
£79505/240.26 miEdith Road Wallasey3
£69503/240.28 miPalatine Road, Wallasey3
£69505/240.28 miPalatine Road, Wallasey3
£73012/240.28 mi-3
£75009/240.28 mi-3
£79512/240.28 miKenilworth Road Wallasey3
£80005/240.3 mi-3
£71504/240.31 miRivington Road, Wallasey, CH443
£71504/240.31 miRivington Road, Wallasey, CH443
£71504/240.31 mi-3
£65005/240.31 miLiscard Road, Wallasey3
£65001/250.33 mi-3
£79503/240.33 miMerecroft Avenue, Wallasey, Wirral3
£64503/240.33 miBuchanan Road3
£64504/240.33 miBuchanan Road3
£1,07503/240.4 miEast Float Quay, Dock Road, Birkenhead, Merseyside, CH413
£72505/240.44 miWheatland Lane, Wallasey3
£72501/240.45 mi-3
£99503/250.55 mi-3
£87501/250.56 mi-3

Local Area Statistics

Population in CH44

29,995

Population in Wallasey

60,790

Town centre distance

1.27 miles away

Nearest school

0.10 miles away

Nearest train station

1 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+48%

Sales demand

Seller's market

Capital growth (5yrs)

+40%

Property History

Listed for £85,000

April 2, 2025

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • Council Tax Band: A +
  • Mid Terraced Property +
  • Three Bedrooms +
  • No Onward Chain +
  • Close to Local Amenities, Schools & Transport Links +

SUMMARY
This deceptively spacious, traditional property offers fantastic accommodation that needs to be appreciated with an internal inspection. Being Sold with No Onward Chain, this would make an ideal first time buy or investment and a viewing is essential!

DESCRIPTION
We are delighted to bring to market this mid-terraced house situated close to local schools, amenities and travel networks in Wallasey. The property does require some renovation but offers deceptively spacious accommodation that needs to be appreciated with an internal inspection. In brief the accommodation comprises entrance hall, lounge, dining room and a kitchen to the ground floor. To the first floor are three well-proportioned bedrooms and family bathroom. Externally the property has a walled courtyard. Being sold with No Onward Chain. This property would make a fantastic first home or investment and early viewing is strongly advised in order to avoid disappointment.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Entrance Porch 
UPVC double glazed door and carpet.

Entrance Hall 
Wood framed single glazed door, radiator, under stairs storage and carpet.

Lounge 15' 7" into bay x 12' 2" max ( 4.75m into bay x 3.71m max )
UPVC double glazed bay window to front, gas fire, radiator and carpet.

Dining Room 14' x 11' 4" ( 4.27m x 3.45m )
UPVC double glazed window to rear, gas fire, radiator and carpet.

Kitchen 10' 4" x 6' 3" ( 3.15m x 1.91m )
Sink, electric oven and gas hob. Plumbing for washing machine. Part tiled walls, vinyl flooring and UPVC double glazed door to rear.

Landing 
Carpet and loft access.

Bedroom One 15' 6" into bay x 11' 5" ( 4.72m into bay x 3.48m )
UPVC double glazed bay window to front, radiator and carpet.

Bedroom Two 14' 1" x 12' 2" max ( 4.29m x 3.71m max )
UPVC double glazed window to rear, fitted storage, boiler and carpet.

Bedroom Three 9' x 6' 1" ( 2.74m x 1.85m )
UPVC double glazed window to front, radiator and carpet.

Bathroom 
WC, sink and electric shower. Part tiled walls, vinyl flooring and UPVC double glazed window to rear.

Outside 

Rear Garden 
Patio yard, brick walls and wooden gate providing rear access.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Jones & Chapman, Wallasey

0151 453 7997

Next Steps?

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