Worst House on the Street Logo
Oliver Street, Birkenhead - Image 1
Oliver Street, Birkenhead - Image 2
Oliver Street, Birkenhead - Image 3
Oliver Street, Birkenhead - Image 4
Oliver Street, Birkenhead - Image 5
Oliver Street, Birkenhead - Image 6
Oliver Street, Birkenhead - Image 7
Oliver Street, Birkenhead - Image 8
Oliver Street, Birkenhead - Image 9
Oliver Street, Birkenhead - Image 10
Oliver Street, Birkenhead - Image 11

Oliver Street, Birkenhead

North West

£499,000
Listed on 01/03/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
10495 sqft

Description

This traditional brick building spans an impressive 10,500 square feet across four levels, presenting a unique opportunity for renovation and investment. The layout includes a basement that offers ample storage space, which can be utilized creatively depending on the intended use of the property. The ground floor features remnants of its past as a children’s play area, with two office rooms, a welcoming reception area, and several versatile spaces including two party rooms and a large hall. These existing structures could be reimagined for various commercial or community purposes. Moving to the first floor, the expansive area was previously home to a circus skills business. This level includes a kitchen, several large rooms suitable for events or classes, and an entertainment hall. Its adaptable nature allows for multiple potential uses in line with emerging community needs. The second floor retains many original characteristics from its time as a masonic hall and more recently served as a dance school. It boasts panelled walls along with two spacious halls and additional smaller rooms that could facilitate diverse activities—from studios to meeting spaces. Situated at the heart of a significant regeneration zone, this property stands to benefit from ongoing developments in the surrounding area. Investors will find opportunities for change of use to residential units or alternative commercial applications (subject to planning approval). As new residents and businesses move into the neighborhood, this property could become increasingly valuable. With its flexible layout and strategic location within an evolving community landscape, this building is poised for transformation. Viewings are encouraged to fully appreciate the potential it holds amidst Birkenhead's revitalization efforts. Detailed floor plans are available upon request for those interested in exploring further possibilities.

Investment Analysis

(CH41 area)

Below Market Value

This property is priced -65.1% below area average per sq ft

-65.1%
Potential saving
This Property
£48/sq ft
Area Average
£136/sq ft
Avg Rent (weekly)
£176
Avg Yield
7.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£200,000 - £350,000
Target Value
£1,571,206
10% above area average per sq ft
Potential ROI
+85.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (CH41)

Area prices are stable by +1.8% over the last 12 months
3 year growth: 1.1%
5 year growth: 39.9%
Investment Disclaimer: Analysis based on CH41 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Oliver Street, Birkenhead
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,828
Based on a loan of £374,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE