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Rake Lane, Wallasey

North West

£225,000
Listed on 20/08/2025

Property Details

Bedrooms
4
Type
Terraced

Description

This terraced house on Rake Lane in Wallasey offers a prime opportunity for those eager to develop a personalized living space. The property's layout features two ample reception rooms, providing versatile options for both entertaining guests and family gatherings. With four generously sized bedrooms, there’s plenty of room for rest, creativity, or even the establishment of a home office.

The single bathroom is functional but requires modern updates, making it an exciting project for buyers wishing to infuse their style into the home. The renovation potential is substantial here, giving you a blank canvas to reimagine this property into a modern sanctuary.

Located in a sought-after area, this home is conveniently close to local amenities and transport links, catering well to families and commuters alike. Whether you are entering the property market as a first-time buyer or an investor seeking a renovation project with significant upside potential, this house offers numerous possibilities. With a bit of vision and effort, it could evolve into either a comfortable family residence or an appealing investment opportunity.

Investment Analysis

(CH45 area)
Area Average
£200/sq ft
Avg Rent (weekly)
£174
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (CH45)

Area prices are rising by +8.4% over the last 12 months
3 year growth: +10.0%
5 year growth: +29.4%
Investment Disclaimer: Analysis based on CH45 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

Rake Lane, Wallasey
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£797
Based on a loan of £168,750 over 30 years at 3.91% 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.

Stamp Duty Calculator

Next Steps

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