# 2 bedroom ground floor flat for sale (CH45 3NT)

## Property Details

| Key | Value |
|-----|-------|
| Address | 6 THE BANKS, WALLASEY, MERSEYSIDE CH45 3NT |
| Price | £100,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1967-1975 |
| Floor area | 62 m² |
| Last sold | £100,000 Feb 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** D
- **Current heating cost:** £744/year
- **Est. upgrade cost to C:** £8,700

### Recommendations
- B (£900 - £1,500)
- W2 (£5,000 - £10,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0713-0204-6405-4017-2800)

## 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.

## Property Photos

- ![Photo](/listings/photos/168164003/600944)
- ![Photo](/listings/photos/168164003/600947)
- ![Photo](/listings/photos/168164003/600949)
- ![Photo](/listings/photos/168164003/600951)
- ![Photo](/listings/photos/168164003/600953)
- ![Photo](/listings/photos/168164003/600955)
- ![Photo](/listings/photos/168164003/600957)
- ![Photo](/listings/photos/168164003/600958)
- ![Photo](/listings/photos/168164003/600959)
- ![Photo](/listings/photos/168164003/600960)
- ![Photo](/listings/photos/168164003/600961)
- ![Photo](/listings/photos/168164003/600962)
- ![Photo](/listings/photos/168164003/600964)
- ![Photo](/listings/photos/168164003/600965)
- ![Photo](/listings/photos/168164003/600967)
- ![Photo](/listings/photos/168164003/600969)

## Floorplans

- ![Floorplan 1](/listings/photos/168164003/600972) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/168164003/600973) - EPC 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 6 THE BANKS, WALLASEY, WIRRAL, MERSEYSIDE, CH45 3NT | £100,000 | 11/02/2026 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| 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 |
| 69 THE BANKS, WALLASEY, WIRRAL, MERSEYSIDE, CH45 3NS | £108,000 | 16/09/2022 | Flat |
| THE CHANNEL 41 BURBO WAY, WALLASEY, WIRRAL, MERSEYSIDE, CH45 3NU | £85,000 | 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)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £143,807 (28 Flat, CH45, 2024–2026)
- **Deviation:** -30.5%

## Rental Range

*ONS Price Index of Private Rents (Wirral). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £752/mo
- **Realistic:** £835/mo
- **Optimistic:** £919/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Wirral (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £524/mo

## 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)**

## 1% Rule

- **Rent ratio:** 0.75% (weak for cashflow)
- **Max investor price (0.8%):** £93,750
- **Target investor price (1%):** £75,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £750/mo).*

- **Gross yield:** 9%
- **Cost-to-rent:** 11.1×
- **Monthly cashflow:** £256/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 10.6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*

## Price per Square Metre

- **£/m²:** £1,613/m²

## Capital growth trend

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

- **5y growth:** 27.5%
- **10y growth:** 60.3%

## House Price Index (HM Land Registry)

*Official index for Wirral; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** 1.7%
- **5y growth (index):** 10.7%
- **10y growth (index):** 40.2%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)