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Canning Street, Liverpool, L8

North West

£2,700,000
Listed on 26/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property represents a notable investment opportunity located in Liverpool's Georgian Quarter, an area renowned for its charm and ongoing regeneration. Rodney House, previously a residential care home, is a substantial building with considerable versatility and potential for redevelopment. Currently vacant, it features a well-structured layout of 57 rooms, including en-suite options, making it ideally suited for various uses such as supported living facilities, student housing, or other residential accommodations. The existing infrastructure supports immediate occupancy or reconfiguration to meet modern needs. Given its prime urban setting and accessibility to the city centre, this property stands out as an excellent prospect for investors or developers looking to capitalize on the demand for quality accommodation in a desirable location. The building's Grade II listed status adds an element of prestige while allowing for transformation subject to relevant consents.

Investment Analysis

(L8 area)
Area Average
£221/sq ft
Avg Rent (weekly)
£198
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£400,000 - £600,000
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
7%
Properties sold annually

Local Market Trend (L8)

Area prices are falling by +19.3% over the last 12 months
3 year growth: -11.5%
5 year growth: 19.5%
Investment Disclaimer: Analysis based on L8 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

Canning Street, Liverpool, L8
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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
£9,891
Based on a loan of £2,025,000 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