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Erskine Road, Wallasey, Wirral

North West

£140,000
Listed on 18/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1005 sqft

Description

This three-bedroom terraced home presents a unique opportunity for renovation enthusiasts or savvy investors looking to maximize value in a desirable location. Nestled on a peaceful street, the property is conveniently situated within walking distance of Central Park and local amenities, making it an attractive option for future tenants or homeowners alike. Upon entering, you are greeted by a welcoming hallway that flows into a spacious front lounge featuring a classic bay window that fills the room with natural light. The open-plan kitchen and dining area offer great potential for modern upgrades, with existing fitted units and ample space to create an inviting entertaining area. French doors lead from the kitchen out to the rear garden, seamlessly connecting indoor and outdoor spaces. The upstairs layout comprises three well-proportioned bedrooms, including a primary bedroom that benefits from its own deep bay window. The property also includes a three-piece bathroom suite that presents further opportunities for enhancement. Outside, the rear garden offers a mix of features, including a patio area perfect for outdoor gatherings, a decked space ideal for relaxation, and a small lawn that can be revitalized with landscaping. Additionally, there is substantial storage available with a large garage or workshop space, as well as an outdoor utility cupboard – all of which contribute to the practical appeal of this home. With its potential for modernization and improvement set against a backdrop of sought-after amenities and green spaces nearby, this property stands as an excellent investment opportunity or project for those looking to make it their own.

Investment Analysis

(CH44 area)

Below Market Value

This property is priced -5.4% below area average per sq ft

-5.4%
Potential saving
This Property
£139/sq ft
Area Average
£147/sq ft
Avg Rent (weekly)
£169
Avg Yield
5.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£162,840
10% above area average per sq ft
Potential ROI
-1.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (CH44)

Area prices are rising by +5.9% over the last 12 months
3 year growth: 9.8%
5 year growth: 34.2%
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.

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Location

Erskine Road, Wallasey, Wirral
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