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Cearns Road, Prenton, Merseyside, CH43

North West

£480,000

Listed on 08/06/2026

Property Details

Bedrooms
8
Type
Semi Detached

Description

This semi-detached property presents a significant investment opportunity, featuring five self-contained apartments currently generating a rental income of £2,685 per month. With strategic renovations, there is potential to increase this income to approximately £4,700 per month, translating to an annual yield of around £56,400. The layout includes two one-bedroom flats and three two-bedroom flats, making it attractive to various tenant demographics. Moreover, the property's front and rear gardens provide additional space that could be developed or enhanced, subject to planning permissions. Located in the desirable Oxton area of Wirral, it benefits from proximity to Birkenhead's shopping and transport links, ensuring steady rental demand. This property not only serves as a robust income-generating asset but also offers avenues for further development—either by upgrading the existing units for higher rents or potentially building on the land available.

Investment Analysis

(CH43 area)
Area Average
£220/sq ft
Avg Rent (weekly)
£198
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (CH43)

Area prices are stable by +0.3% over the last 12 months
3 year growth: +4.9%
5 year growth: +12.6%
Investment Disclaimer: Analysis based on CH43 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

Cearns Road, Prenton, Merseyside, CH43
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,813
Based on a loan of £360,000 over 30 years at 4.45% 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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