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Gorsey Lane, Wallasey

North West

£114,950
Listed on 09/09/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

Situated in the appealing locale of Wallasey, this terraced house presents a compelling prospect for those interested in renovation or investment. With three decent-sized bedrooms, the property is well-suited for families or individuals seeking extra space for guests, while the two reception rooms offer versatility for both relaxation and entertaining. The single bathroom, although functional, awaits a revitalization that would allow the new owner to tailor it to their preferences. This feature adds an exciting element of customization for those looking to enhance the home’s value. Currently tenanted, this property represents an immediate income-generating opportunity for investors. While some updates are necessary, this house stands as a blank canvas filled with potential. Its strategic location in Wallasey ensures residents have convenient access to local amenities, reputable schools, and public transport links, making it an appealing choice for long-term tenants or future homeowners alike. This property not only has the ability to be transformed into a charming residence but also serves as a solid investment opportunity in a desirable area. Don't overlook the possibilities that await within this terraced house.

Investment Analysis

(CH44 area)
Area Average
£148/sq ft
Avg Rent (weekly)
£176
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (CH44)

Area prices are rising by +5.1% over the last 12 months
3 year growth: 9.3%
5 year growth: 32.4%
Investment Disclaimer: Analysis based on CH44 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

Gorsey Lane, Wallasey
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£421
Based on a loan of £86,212 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.

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