9 Silverlea Avenue, Wallasey, CH45 4QU

Description

An attractive proposition in Liscard Village. The property is a modern two bedroom terraced home in good general condition throughout. Currently vacant, the property offers an attractive potential rental income of £9,600+.

Accommodation

Entrance hall opening to a lounge, dining room kitchen, bathroom and two double bedrooms bedrooms to the first floor.

Location

A superbly convenient home in a central Liscard location, within walking distance to a host of amenities in the village. Access to the Mersey tunnels and M53 motorway are close by for commuters.

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: £5,000. 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

BTL Analysis

Potential BTL suitability depends on a verified market rent, tenure costs, licensing and condition. No unsupported achieved rent has been inserted.

BRRR Analysis

At the HB base value screen of £100,000, a 75% refinance is approximately £75,000 before lender criteria. Compare this with the full project cost, not guide price alone.

Flip Analysis

HB base screen £100,000 less guide £80,000 and works £5,000 gives a gross pre-cost spread of £15,000 before buyer fee, SDLT, legal, finance, holding, contingency, selling costs and tax.

Maximum Bid Indicator

Maximum bid should be calculated from verified end value/income less works, the lot-specific Venmore buyer fee, legal/professional fees, finance, holding, contingency, selling costs and required profit/return. SDLT is buyer-specific and is not included in this screening.

Strategy Recommendation

Select between income hold, BRRR or refurbishment/resale only after survey, legal-pack and comparable checks confirm the assumptions.

Strategy Rating

BTL: ★★★★☆ | BRRR: ★★★☆☆ | Flip: ★★★☆☆

Key Risks

Lease length, ground rent, service charge and lender acceptability, 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.