3-bedroom flat · CH45 5DJ
Listing removedReduced £50 (−5.6%) on 22 JunListed 137 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***NEW TO THE RENTAL MARKET*** This huge 3 bed flat located on Rake Lane, Wallasey is available to rent now!
The property is located above The Faded Barber, accessed via a side gate and its own individual entrance.
To the 1st floor there is a fitted kitchen with built-in oven, hob and extractor fan, there is also a free standing washing machine available for use.
There is a spacious lounge to the front of the 1st floor. To the 2nd floor there is a brand new modern family bathroom with bath and overhead mixer shower, as well as 3 bedrooms.
The property benefits from brand new grey carpets throughout.
EPC Band C Council Tax Band A Holding Deposit: £207.69 Once Approved through Referencing and we proceed to tenancy sign-up: Remaining Advance Rent: £692.31 Deposit: £1038.46 We are members of the following Redress Schemes The Property Ombudsman - Membership Number D12872 The ICO - Membership Number Z3498022 ARLA - Membership Number M0331430 Propertymark Client Money Protection - Membership Number C0131933
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Rake Lane, Wallasey
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