Sold STC Flat

6 THE BANKS

WALLASEY, MERSEYSIDE CH45 3NT

2 beds 1 baths 667 sq ft Listed 13 Oct 2025 (-233d)

£100,000

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Property details

Tenure

LEASEHOLD

Floor area

62 m²

EPC rating

D

Year built

England and Wales: 1967-1975

Last sold

£100,000 Feb 2026

Price per m²

£1,613/m²

Local average

£143,807 (-30.5%)

Deprivation

Decile 7 (22,535 of 33,755)

Street crime

63 incidents within 1 mile (Mar 2026)

Key features

  • Two Bed Ground Floor Flat
  • Sold With No Chain
  • Balcony and Garage
  • Council Tax Band B
  • EPC Rating D

Additional details

Electricity
Mains supply
Water
Mains supply
Heating
Gas, Double glazing, Gas central
Parking
Garage, Communal
Garden
Communal garden

Description

 
Sitting on the ground floor of this much sought-after development, this two-bedroom apartment boasts uPVC double glazing and gas central heating plus a lovely balcony where you can sit and enjoy the lovely views! Having the benefit of being sold with no chain; this flat is in need of updating in parts but definitely one you can move into and start enjoying! Situated a short walk into Wallasey Village near to local shops and points of interest including Harrison Park, the promenade, frequent transport routes and commuter links. Also, not too far from the excellent range of amenities in New Brighton. Interior: communal entrance with serviced lift and stairs to each floor, inner entrance, living/dining area, balcony, kitchen, two bedrooms and bathroom plus internal and external store rooms too. Complete with uPVC double glazing and gas central heating. Exterior: en-bloc garage, communal gardens and parking. Viewing is highly recommended; do not delay!
Communal Area
Entrance with a serviced lift and stairs to all floors. The apartment is on the ground floor level with a communal hallway leading to the main private entrance door into the accommodation.
Hallway
From The communal hallway there is a handy storage room and a private door into the inner hallway having meter cupboard, wall lights and an internal store room with multiple uses, such as for storing cloaks or even possibly a home office. Doors into:
Living Room/Dining Area
Great to relax in and meal times; with uPVC double glazed door that opens onto a balcony. Television/telephone point, wall lights and two central heating radiators.
Balcony
A nice addition allowing you your own private outdoor space to sit and relax with a good book or your morning coffee whilst enjoying the pleasant views. Tiled flooring.
Kitchen
Range of base and wall units with contrasting work surfaces and tiled splashbacks. Sinker and drainer, cooker point and space for both a fridge freezer and washing machine. Store cupboard with shelving, vinyl floor and uPVC double glazed window with a lovely outlook.
Bedroom
uPVC double glazed window with a pleasant outlook. Central heating radiator and wall light.
Bedroom
uPVC double glazed window with a pleasant outlook. Central heating radiator and wall light.
Shower Room
Modern shower room with suite comprising walk-in shower cubicle with wall tiling, low level WC and wash basin with mirrored cabinet above. Extractor fan, central heating radiator and airing cupboard housing the hot water cylinder which was newly installed in September.
Exterior
Well-kept communal gardens and parking.
Garage
En-bloc garage with up and over door.
 
Location
The Banks on Burbo Way can be found off Mockbeggar Drive, a turning off Harrison Drive, approx. 1.7 miles driving distance from our Liscard office. 
Property Misdescriptions Act 1991. For clarification, Harper & Woods Estate Agents wish to inform prospective purchasers that we have not tested any of the appliances or the heating system and cannot give any warranties as to their full working order. Purchasers are advised to obtain independent specialist reports if they have any doubts. All measurements are approximate and should not be relied upon for carpets or furnishings. Any mention of appliances, equipment, fixtures, fittings or services unless specifically stated are not included in the sale of the property. We cannot verify that these are fit for purpose or in full working order, as they have not been tested by ourselves. You are advised to gain specialist independent reports if you have any hesitations. Measurements, areas and distances provided are an approximate only. They are for general guidance and should not be relied upon for furnishings, flooring or any other outspend. The chosen photographs only illustrate perspectives of the properties interior and exterior as they appeared at the time they were taken. Our particulars for each property are created as a general outline only for the guidance of prospective buyers. Any information is given without responsibility on our part and we recommended that our information is verified by yourself. We endeavour to ensure that the information on our website is accurate and reliable however information about a property is liable to be changed at any time.

Listed by

Wallasey

Harper & Woods Ltd

Reference: 168164003

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: D

Inspection date: 30/09/2025

Current heating cost: £744/year

Potential heating cost: £520/year

Est. upgrade cost to C: £8,700

Recommendations

  • Cavity wall insulation (£900 - £1,500)
  • Floor insulation (solid floor) (£5,000 - £10,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

Price history

Event Date Price % change
Sold 11/02/2026 (3 months ago) £100,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
9 THE BANKS, WALLASEY, WIRRAL, MERSEYSIDE, CH45 3NS £147,000 04/12/2025 Flat
3 CORMORANT COURT, WALLASEY, WIRRAL, MERSEYSIDE, CH45 3QL £85,000 08/08/2025 Flat
THE CHANNEL 33 BURBO WAY, WALLASEY, WIRRAL, MERSEYSIDE, CH45 3NU £122,500 28/02/2025 Flat
2 DUNLINS COURT, WALLASEY, WIRRAL, MERSEYSIDE, CH45 3QN £175,000 29/11/2023 Flat
THE CHANNEL 32 BURBO WAY, WALLASEY, WIRRAL, MERSEYSIDE, CH45 3NX £120,000 26/10/2023 Flat
40 THE BANKS, WALLASEY, WIRRAL, MERSEYSIDE, CH45 3NT £88,000 10/09/2023 Flat
47 THE BANKS, WALLASEY, WIRRAL, MERSEYSIDE, CH45 3NS £120,000 18/07/2023 Flat
3 CORMORANT COURT, WALLASEY, WIRRAL, MERSEYSIDE, CH45 3QL £170,000 28/04/2023 Flat
67 THE BANKS, WALLASEY, WIRRAL, MERSEYSIDE, CH45 3NS £150,000 04/04/2023 Flat
22 THE BANKS, WALLASEY, WIRRAL, MERSEYSIDE, CH45 3NT £83,000 03/04/2023 Flat
25 THE BANKS, WALLASEY, WIRRAL, MERSEYSIDE, CH45 3NS £80,000 28/09/2022 Flat
THE CHANNEL 41 BURBO WAY, WALLASEY, WIRRAL, MERSEYSIDE, CH45 3NU £85,000 16/09/2022 Flat
69 THE BANKS, WALLASEY, WIRRAL, MERSEYSIDE, CH45 3NS £108,000 16/09/2022 Flat
11 THE BANKS, WALLASEY, WIRRAL, MERSEYSIDE, CH45 3NS £136,500 02/09/2022 Flat
12 CORMORANT COURT, WALLASEY, WIRRAL, MERSEYSIDE, CH45 3QL £140,000 31/08/2022 Flat
14 CORMORANT COURT, WALLASEY, WIRRAL, MERSEYSIDE, CH45 3QL £165,000 30/06/2022 Flat
THE CHANNEL 40 BURBO WAY, WALLASEY, WIRRAL, MERSEYSIDE, CH45 3NX £85,000 17/06/2022 Flat
14 DUNLINS COURT, WALLASEY, WIRRAL, MERSEYSIDE, CH45 3QN £126,000 25/05/2022 Flat
THE CHANNEL 42 BURBO WAY, WALLASEY, WIRRAL, MERSEYSIDE, CH45 3NX £83,000 13/05/2022 Flat
THE CHANNEL 29 BURBO WAY, WALLASEY, WIRRAL, MERSEYSIDE, CH45 3NU £140,000 25/04/2022 Flat

Area average: £120,450 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 27.5%
10y growth 60.3%

House Price Index (HM Land Registry — official index, not sold-price averages): Wirral. Series: Flats and maisonettes. As of March 2026.

1y (index) 1.7%
5y (index) 10.7%
10y (index) 40.2%

Rental Range

Estimated market rent for Wirral. Low = conservative, Realistic = average, Optimistic = best case.

Low £752/mo
Realistic £835/mo
Optimistic £919/mo

Based on Local Authority from postcode lookup → Wirral.

LHA (30th percentile) floor for Wirral: £524/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop HARRISON DRIVE/KINGS PARADE 0.1 miles
Shop Windsors 0.3 miles
Shop Windsors Mazda 0.3 miles
Train station Wallasey Grove Road 0.3 miles
Train station Wallasey Village 0.7 miles
Hospital Parkfield Medical Centre 5.6 miles
Hospital DRIVE THROUGH PHLEBOTOMY 6.0 miles
University Liverpool Hope University 7.9 miles
University Edge Hill University 11.9 miles

Street-level crime

Category Count
Violence and sexual offences 28
Criminal damage and arson 7
Drugs 6
Anti-social behaviour 4
Public order 4
Burglary 3
Other crime 3
Other theft 2
Possession of weapons 2
Shoplifting 2
Robbery 1
Vehicle crime 1
Total incidents 63

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Greenleas Primary School Primary 0.6 miles Good — 24 Jul 2023
St Mary's Catholic College, A Voluntary Academy Secondary 0.7 miles Requires improvement — 20 Dec 2023
St George's Primary School Primary 0.7 miles Good — 20 Feb 2014
Elleray Park School Other 0.7 miles Outstanding — 15 Jun 2023
Mount Primary School Primary 0.8 miles Good — 4 Oct 2011

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Cormorant Court, CH45 £750/mo 2 0.12 miles OpenRent
2 Bed Flat, Cormorant Court, CH45 £750/mo 2 0.17 miles OpenRent
2 Bed Flat, Grove Road, CH45 £825/mo 2 0.37 miles OpenRent
2 Bed Maisonette, Wallasey Village, CH45 £850/mo 2 0.71 miles OpenRent
2 Bed Flat, Wallasey Village, CH44 £700/mo 2 0.81 miles OpenRent
2 Bed Flat, Sandringham Drive, CH45 £725/mo 2 0.89 miles OpenRent
2 Bed Maisonette, Seaview Road, CH45 £850/mo 2 0.91 miles OpenRent
2 Bed Flat, Sudworth Road, CH45 £745/mo 2 0.91 miles OpenRent

Average rent: £774/mo (8 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.75%
Max investor price (0.8%) £93,750
Target investor price (1%) £75,000
Gross yield 9%
Cost-to-rent ratio 11.1×
Monthly cashflow £256/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 10.6%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).