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119-121 Banks Road, West Kirby, Wirral, Merseyside CH48 0RB - Image 1
119-121 Banks Road, West Kirby, Wirral, Merseyside CH48 0RB - Image 2
119-121 Banks Road, West Kirby, Wirral, Merseyside CH48 0RB - Image 3
119-121 Banks Road, West Kirby, Wirral, Merseyside CH48 0RB - Image 4
119-121 Banks Road, West Kirby, Wirral, Merseyside CH48 0RB - Image 5

119-121 Banks Road, West Kirby, Wirral, Merseyside CH48 0RB

North West

£880,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This property presents a compelling opportunity for renovation and investment in the heart of West Kirby, one of the Wirral’s most sought-after coastal destinations. Currently operating as a well-known restaurant alongside self-contained flats, it is now being offered with vacant possession and comes with full planning permission for conversion into a boutique hotel. The approved plans outline the transformation of this space into 13 well-appointed guest rooms, complemented by a stylish bar area and a fully equipped dining kitchen. This layout not only enhances the property's potential but also aligns perfectly with the demands of local and visiting clientele seeking both leisure and business accommodations. Located on the vibrant Banks Road, the property benefits from close proximity to picturesque beaches, shops, cafes, and West Kirby Marine Lake. This prime location ensures consistent footfall from both residents and tourists throughout the year, further highlighting its strategic value as an investment. The area's high demand for hospitality services makes this project even more appealing for those looking to enter or expand within the sector. With an average room rate in the vicinity around £130 per night—subject to seasonal fluctuations—this venture promises significant return potential. Additionally, there remains flexibility in usage; current arrangements could be adapted back to residential units or dwellings according to market requirements or buyer preferences. Investors or developers will find that this property not only offers immediate renovation prospects but also allows for strategic future growth within a thriving community atmosphere. The existing planning application reference (APP/24/00576) provides reassurance regarding its feasibility for transformation into a hospitality-focused establishment while maintaining robust local interest. This is an opportunity that combines an enviable location with considerable redevelopment potential, making it ideal for those looking to capitalize on West Kirby's vibrant market dynamics.

Investment Analysis

(CH48 area)
Area Average
£339/sq ft
Avg Rent (weekly)
£287
Avg Yield
2.9%

Renovation Potential

Est. Renovation Cost
£88,000 - £220,000
10-25% of property value
Monthly Sales
14
Average per month
Market Turnover
57%
Properties sold annually

Local Market Trend (CH48)

Area prices are rising by +3.1% over the last 12 months
3 year growth: -5.2%
5 year growth: 7.6%
Investment Disclaimer: Analysis based on CH48 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

119-121 Banks Road, West Kirby, Wirral, Merseyside CH48 0RB
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