15 Elm Road, Bebington, Merseyside, CH63 8PF

Description

This is a large semi-detached Victorian house currently configured as two apartments, with a 1-bed on the ground floor and 2-bed on the first floor. The property would perform well on the private rental market, either in the current arrangement or converted back into a 4-bedroom house. It has recently undergone refurbishment throughout and is offered with vacant possession. The building backs onto the Oval playing field and benefits from a newly done EICR.

Accommodation

Ground floor – large front living room with bay window, double bedroom with patio doors out to paved courtyard space, bathroom, kitchen, separate utility. First floor – two double bedrooms, living room with bay window, bathroom and separate WC Outside – grass garden (for top floor flat), paved courtyard (for ground floor flat)

Location

Located in the established residential area of Bebington, the property is close to local shops, schools and everyday amenities, with Bebington village centre and Port Sunlight nearby. The property is also well placed for Bromborough and the wider Wirral, with Bebington railway station providing links towards Liverpool and Chester, and good road connections via the M53.

Auction Information

Tenure

Freehold. The legal pack is the definitive source for lease length, title, covenants, service charges, ground rent and special conditions.

Council Tax

Band A.

Investment Analysis

Market Comparables

Use recent Land Registry sold evidence and genuinely comparable current/let rental evidence for the same micro-location, accommodation, tenure and condition. Venmore’s stated rents or rental opinions are retained as auctioneer evidence where supplied; HB screening figures are not a formal valuation.

Proposed Works

HB desktop allowance: £28,000. Scope should be confirmed from inspection, photographs, survey and contractor pricing. Prioritise structure, roof/damp, services, heating/electrics, windows, kitchens/bathrooms, decoration and external works only where relevant to this specific property.

Rental Value

No achieved/current rent has been assumed where the auction particulars do not provide one. Obtain current comparable letting evidence before relying on a BTL appraisal.

Low / Base / High Investment Scenario

Specialist Commercial Analysis

Verify occupational leases, passing rents, rent-review provisions, repairing obligations, VAT status, business rates, service costs and covenant strength. Mixed-use assets should be valued by component and income where appropriate.

Maximum Bid Indicator

Base the maximum bid on verified commercial/residential income and capital value, less buyer fee, works, legal/professional, finance, holding, contingency and required return. SDLT treatment may differ for mixed-use/non-residential purchases and is buyer-specific.

Strategy Recommendation

Income hold or refurbishment/re-letting, with redevelopment only where planning and title support it.

Strategy Rating

Income Hold: ★★★★☆ | Value-Add: ★★★★☆ | Development: ★★★☆☆

Key Risks

Listed-building constraints, legal-pack special conditions, condition/survey, finance and valuation risk.

Analysis Confidence

Medium for facts reproduced from Venmore’s particulars; low-to-medium for HB desktop works/value screens until inspection, legal-pack review, direct sold/rental comparables and contractor/QS pricing are completed.