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Banks Road, CH48 - Image 1
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Banks Road, CH48

North West

£895,000
Listed on 24/03/2026

Property Details

Bedrooms
7
Type
Block Of Apartments

Description

This is a valuable mixed-use property located in the vibrant West Kirby area, presenting both stable income and significant redevelopment opportunities. The ground floor houses a thriving restaurant with a proven track record, while three self-contained residential flats occupy the upper levels, all currently leased and delivering a steady rental yield. Given its prime coastal positioning, the property benefits from high foot traffic and local demand, complemented by nearby amenities and transport links. The residential units above are in good condition, catering to the robust rental market of the region and ensuring consistent occupancy. Notably, there is existing planning permission for conversion into a hotel, which opens avenues for transformation and potential capital appreciation. This aspect makes it particularly appealing for investors aiming to maximize returns in an ever-growing seaside locale. With both immediate cash flow and long-term growth potential, this property stands out as an excellent investment prospect in one of North West England's desirable towns.

Investment Analysis

(CH48 area)
Area Average
£324/sq ft
Avg Rent (weekly)
£292
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
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
10%
Properties sold annually

Local Market Trend (CH48)

Area prices are falling by -11.7% over the last 12 months
3 year growth: -14.7%
5 year growth: -6.8%
Investment Disclaimer: Analysis based on CH48 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

Banks Road, CH48
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£3,170
Based on a loan of £671,250 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

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