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Salisbury Drive, New Ferry, Wirral, CH62 - Image 1
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Salisbury Drive, New Ferry, Wirral, CH62

North West

£140,000
Listed on 25/11/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom terraced property located on the popular Salisbury Drive in New Ferry presents a compelling opportunity for renovation and investment. The house features a practical layout that is well-suited for families, first-time buyers, or investors looking to enhance their portfolio. The enclosed rear yard comes with a brick outbuilding, which not only provides essential storage but also holds potential for conversion into a utility space or hobby area, pending necessary permissions. Inside, the welcoming entrance hallway leads you into a spacious lounge filled with natural light from its large front window. This flows seamlessly into the separate dining room, an ideal space for gathering and entertaining guests or even transforming into an additional cozy living area. The kitchen is conveniently positioned at the back of the home and opens directly onto the private rear yard. Upstairs, you'll find two generously sized double bedrooms alongside a good-sized single bedroom and a four-piece family bathroom that includes both a bath and separate shower. While the property is currently livable, it offers considerable scope for modernization and personal touches. Its low-maintenance outdoor area lends itself well to creativity—perfect for creating an inviting outdoor retreat or functional storage space. With no onward chain, this property is set in a desirable residential area close to local amenities, schools, transport links, and all essential services—making it an attractive project for those willing to invest in its potential.

Investment Analysis

(CH62 area)
Area Average
£231/sq ft
Avg Rent (weekly)
£197
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (CH62)

Area prices are stable by +0.7% over the last 12 months
3 year growth: 7.6%
5 year growth: 22.7%
Investment Disclaimer: Analysis based on CH62 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

Salisbury Drive, New Ferry, Wirral, CH62
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£513
Based on a loan of £105,000 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