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Birkenhead, Wirral CH41

North West

£450,000
Listed on 08/04/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This cleared residential development site presents a significant investment opportunity, having obtained full planning permission for the construction of 28 apartments across four floors. The proposed layout includes 20 two-bedroom and 8 one-bedroom units, with the convenience of lift access to all levels. With associated parking and external works also approved, this site promises a streamlined development process. Located in a prime corner position along Chester Street and accessible via Pilgrim Street, the current state of the site minimizes initial capital outlay and lowers potential risks related to project timelines. The freehold title encompasses approximately 16,414.96 sq ft (around 1,525 sqm), making it an attractive proposition in the Birkenhead area, which shows robust residential demand and connectivity. Furthermore, the Section 106 agreement includes a provision for affordable housing, ensuring compliance with local requirements. Nearby public transport options such as Birkenhead Central and Green Lane train stations enhance its appeal, complemented by close proximity to local amenities including shopping and dining options.

Investment Analysis

(CH41 area)
Area Average
£143/sq ft
Avg Rent (weekly)
£184
Avg Yield
7.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£500,000 - £700,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (CH41)

Area prices are falling by -3.0% over the last 12 months
3 year growth: -3.7%
5 year growth: +24.7%
Investment Disclaimer: Analysis based on CH41 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

Birkenhead, Wirral CH41
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Mortgage Calculator

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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,594
Based on a loan of £337,500 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.

Price History

-29.2% since listed
£425,000£25,000(-5.6%)
29/07/2025
Current price
£450,000£50,000(-10.0%)
23/02/2025
£500,000£10,000(-2.0%)
08/11/2024
£510,000£40,000(-7.3%)
21/09/2024
£550,000£50,000(-8.3%)
29/07/2024
£600,000Initial listing
26/06/2024

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