# 2 bedroom flat for sale (CH42 4PE)

## Property Details

| Key | Value |
|-----|-------|
| Address | Old Chester Road, Birkenhead, Merseyside, CH42, CH42 4PE |
| Price | £40,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | A |
| Last sold | £98,500 |

## Description

FOR SALE BY ONLINE AUCTION 3RD DECEMBER 2025:

This is a two bedroomed apartment with vacant possession. Situated in a popular area of Wirral, the purpose-built block performs well on the private rental market with similar lets fetching circa £650pcm. With double glazing and heating.

ACCOMMODATION

Inner hallway leading to open plan living room and kitchen, two bedrooms and bathroom.

LOCATION 

The unit is situated in The Grange, Old Chester Road, which is within walking distance of Rock Ferry train station, as well as the amenities provided by Bedford Road. The A41 sits within short distance, providing access to Bromborough, and further afield to the M53.

TENURE 

Leasehold

COUNCIL TAX BAND - A

AUCTION FEES

The sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £2500 + VAT, payable on the fall of the hammer. The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the sellers solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.

## Property Photos

- ![Picture No. 01](/listings/photos/169262477/378718) - Picture No. 01
- ![Picture No. 02](/listings/photos/169262477/378722) - Picture No. 02
- ![Picture No. 03](/listings/photos/169262477/378723) - Picture No. 03
- ![Picture No. 04](/listings/photos/169262477/378725) - Picture No. 04
- ![Picture No. 05](/listings/photos/169262477/378726) - Picture No. 05
- ![Picture No. 06](/listings/photos/169262477/378727) - Picture No. 06

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
|  | £98,500 | 01/01/2007 | — |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 22 FLAT 2 FARLOW ROAD, BIRKENHEAD, WIRRAL, MERSEYSIDE, CH42 4PL | £68,800 | 03/11/2025 | Flat |
| 53 EGERTON PARK, BIRKENHEAD, WIRRAL, MERSEYSIDE, CH42 4RD | £205,000 | 30/03/2023 | Flat |
| 36A HIGHFIELD CRESCENT, BIRKENHEAD, WIRRAL, MERSEYSIDE, CH42 2DR | £102,000 | 30/06/2022 | Flat |
| 8 DEVON GARDENS, BIRKENHEAD, WIRRAL, MERSEYSIDE, CH42 4RF | £85,000 | 29/06/2022 | Flat |
| 562A OLD CHESTER ROAD, BIRKENHEAD, WIRRAL, MERSEYSIDE, CH42 4PF | £45,625 | 13/06/2022 | Flat |
| [Same street] THE GRANGE, 506 FLAT 3 OLD CHESTER ROAD, BIRKENHEAD, WIRRAL, MERSEYSIDE, CH42 4PE | £61,000 | 29/04/2022 | Flat |
| SPENSER LODGE FLAT 13 SPENSER AVENUE, BIRKENHEAD, WIRRAL, MERSEYSIDE, CH42 2DW | £39,751 | 08/04/2022 | Flat |
| 78 FLAT D EGERTON PARK, BIRKENHEAD, WIRRAL, MERSEYSIDE, CH42 4RB | £110,000 | 04/01/2022 | Flat |
| 50A GREEN LAWN, BIRKENHEAD, WIRRAL, MERSEYSIDE, CH42 2DZ | £110,000 | 16/12/2021 | Flat |
| 55 FIRST FLOOR FLAT EGERTON PARK, BIRKENHEAD, WIRRAL, MERSEYSIDE, CH42 4RD | £99,000 | 02/11/2021 | Flat |

**Street average:** £61,000 (1 sale)
**Area average:** £96,131 (9 sales)

## Price vs local average

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

- **Local average:** £92,271 (14 Flat, CH42, 2024–2026)
- **Deviation:** -56.6%

## 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 Terraced House, Old Chester Road, CH42 | £995/mo | 2 | 0.1 miles | OpenRent |
| 2 Bed Terraced House, Beaconsfield Road, CH62 | £850/mo | 2 | 1.16 miles | OpenRent |

**Average rent: £923/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 2.31% (strong)
- **Max investor price (0.8%):** £115,375
- **Target investor price (1%):** £92,300

*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 £923/mo).*

- **Gross yield:** 27.7%
- **Cost-to-rent:** 3.6×
- **Monthly cashflow:** £648/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 67.1%

*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).*

## Capital growth trend

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

- **5y growth:** 95.4%
- **10y growth:** 39.2%

## 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)