Studio flat · CH44 9DQ
Sold STCListed 189 days
Opportunity summary
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About
A substantial and highly adaptable mixed-use investment property arranged over four well-proportioned floors, offering an attractive combination of immediate income and further asset management potential.
The building has been significantly improved in recent times, most notably with the installation of a new roof, enhancing both its condition and long-term durability.
The ground floor commercial premises are now fully let and occupied by a thriving and well-regarded nail salon, which benefits from strong local trade and consistent footfall.
This provides an active frontage to the building and an established income stream from day one of £820 pa making the property particularly appealing to investors seeking a partially income-producing asset.
The residential accommodation to the upper floors offers a functional, and well-presented space that is ready for immediate occupation or letting without the need for further capital expenditure.
The upper parts extend to a generous layout comprising nine rooms.
3/4 bedrooms in total, supported by three ensuite shower rooms, one communal shower room, and a fully fitted kitchen, offering excellent capacity for multi-occupancy use.
The loft space also boasts potential for further development with a WC and sizeable room with Velux (Subject to the relevant permissions) Importantly, the upper floors are accessed via a private and self-contained entrance, ensuring clear separation from the commercial unit below.
This enhances the flexibility of the property and opens up a variety of potential configurations for future use.
Subject to the relevant planning permissions and licensing requirements, the layout could be reconfigured to create three self-contained flats, retained as a large single dwelling, or optimised as a high-yield House in Multiple Occupation (HMO).
The scale of accommodation and existing facilities lend themselves particularly well to maximising rental returns in an HMO or multi-unit format.
Overall, the property represents a rare opportunity to acquire a mixed-use building with a strong combination of income, condition, and development potential.
With the commercial unit already performing and the residential accommodation ready to generate income, the asset is well positioned to deliver both immediate yield and longer-term capital growth through active management.
ACCOMMODATION Ground Floor: Fully occupied commercial unit (nail salon), comprising a main retail/shop floor area, separate kitchen/preparation space, and cloakroom/WC facilities First Floor: Four well-sized rooms, kitchen area, shower room, and bathroom Second Floor: Three rooms, shower room, and bathroom Attic Floor: Two additional rooms with scope for bathroom and/or kitchen installation, subject to requirements LOCATION The property occupies a prominent and highly visible position at the upper end of Poulton Road, immediately adjacent to Tesco Express and within close proximity to the junction connecting to the main A551 Liscard Road.
This location benefits from consistently high levels of pedestrian and vehicular traffic, making it an ideal setting for commercial activity.
The surrounding area is well established and comprises a busy parade of independent retailers, cafés, takeaways, and service-based businesses, creating a lively and well-supported local environment.
Wallasey Town Centre lies just over two miles away, offering a broader range of shopping, leisure facilities, and transport links, further enhancing the appeal of the location for both commercial tenants and residential occupiers.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
Agent & docs
FAQ
About Poulton Road, Wallasey, Merseyside, CH44
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