Wallasey Road, Wallasey, Wirral
North West
£230,000
Listed on 09/10/2026
Listed on 09/10/2026
The listing
Property details
Bedrooms
4Type
TerracedArea
2335 sqftFeatures
- Garden
Description
This freehold property combines a ground-floor commercial unit with two self-contained apartments above, all held under one title. The shop has separate front and rear access and is arranged as two rooms, with a hallway, WC and kitchenette. A gated yard sits to the rear.
Each upper-floor apartment has a kitchen and living/dining area, a double bedroom, a study and a bathroom. The existing arrangement offers scope to retain the commercial and residential uses, or to consider alternative layouts. Any changes would be subject to planning and building regulations. The property is marketed by Karl Tatler Estate Agents in Wallasey.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
82out of 100
Grade AStrong opportunity
Confidence: MEDIUM
At £230,000, this freehold mixed-use property is priced at about £99/sq ft, well below the local average of £150/sq ft—a strong opportunity to acquire a substantial property with two apartments above a commercial unit. The existing layout offers flexibility for a landlord or owner-operator, while any reconfiguration would need the relevant approvals.
Key opportunities
- Acquire a freehold commercial-and-residential property at a notably below-average local price per square foot.
- Retain the two-apartment layout above the commercial unit for a flexible mixed-use setup.
- Refresh worn or marked carpets and tidy the paved, gated rear yard.
Key risks
None recorded.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£869
Based on a loan of £172,500 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.
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