Magazine Lane, WALLASEY
North West
£150,000Guide Price
Listed on 29/10/2026
Listed on 29/10/2026
The listing
Property details
Bedrooms
4Type
End Of TerraceFeatures
- Garden
Description
Offered at auction, this freehold four-bedroom end-terrace house occupies a corner position and is arranged over two floors. The ground floor comprises an entrance hall, three reception rooms and a kitchen, with four bedrooms and a bathroom/WC upstairs. A rear garden is also included. The property is vacant and is described as requiring modernisation, providing scope for a purchaser to update the accommodation. The stated gross internal area is approximately 119 sq m (1,282 sq ft).
The house is located between Magazine Promenade and Seabank Road, with New Brighton rail station and local bus services nearby. Local amenities are available in New Brighton, while the A554, Kingsway Tunnel and M53 provide road connections. Vale Park, New Brighton Promenade and the Liverpool Bay coastline are among the nearby open spaces. Auction viewing times are listed for 6, 11 and 14 November at 2pm; buyers should review the legal pack and sale conditions, including the stated buyer documentation fee.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
76out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £150,000, this is a substantial four-bedroom, three-reception end-terrace with a bay-fronted exterior and rear garden, priced well below the local average at about £117 per sq ft versus £201. That gives a buyer an unusually low entry point for a property of this size, with period-style features and plenty of scope to reshape and improve the interior.
This is a heavy project rather than a cosmetic refresh: finishes are worn across several rooms, wall coverings are badly damaged in places, and a ceiling shows visible separation that needs investigating. The exterior looks broadly intact in the available views. As an auction lot, the guide is not a guaranteed final price; bidding can take the hammer above it, so the eventual price may not stay this cheap.
Key opportunities
- Use the generous four-bedroom, three-reception layout as a canvas to refresh the finishes and make the period-style spaces work for modern living.
- Replace the dated kitchen and renew worn flooring and decoration across several rooms to create a more coherent interior.
- The bay-fronted brick exterior appears broadly intact, giving the project an appealing character base to complement the interior improvements.
Key risks
- Stripped and damaged finishes across several rooms, plus visible ceiling separation, mean this is a substantial interior programme; investigate the cause of the ceiling damage and plan for a full renovation timeline rather than a cosmetic refresh.
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Transport
Nearest stations
New Brighton Rail Station
0.5 miles
Train · New Brighton
Wallasey Grove Road Rail Station
1.3 miles
Train · Wallasey
Wallasey Village Rail Station
1.4 miles
Train · Wallasey
Sandhills Rail Station
1.9 miles
Train · Liverpool
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£613
Based on a loan of £112,500 over 30 years at 5.13% 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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