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Offers in Region of£250,000

Victoria Parade, New Brighton, Wirral

Key Features

  • Prime New Brighton front location
  • 3,134 Sq Ft Approx
  • Freehold building
  • Three floors with river views above
  • Former planning for 5 flats
  • Strong rental potential
  • Full renovation opportunity
  • No onward chain
  • Ideal investment project

Description

Development Opportunity in a Prime Location! Situated on Victoria Parade just moments from the Promenade, The Ship Hotel presents a rare investment opportunity with sea air on the doorstep and partial river views from the upper floors. Arranged over three storeys, freehold included and no chain.

Accessed via the right-hand side of The Ship public house, the property is arranged over three floors, beginning at first-floor level. Internally, the accommodation is currently configured as a multitude of individual rooms with several ad-hoc kitchen and bathroom facilities dispersed throughout. The building is somewhat dilapidated and requires a comprehensive scheme of renovation, offering purchasers a blank canvas to redesign and reconfigure to modern standards.

The property previously benefited from planning permission for conversion into five self-contained flats, comprising one two-bedroom apartment and four one-bedroom apartments (APP/19/00860). Whilst this has now lapsed, the precedent offers clear scope for buyers to explore reapplication, subject to the necessary consents. Once converted and finished to an appropriate specification, projected rental values are anticipated to be in the region of £500pcm for the one-bedroom units and £650pcm for the two-bedroom unit, subject to confirmation based on final layout and finish.

With no outdoor space but an enviable coastal location, this is an ideal opportunity for an investor or developer seeking a substantial project with strong rental demand and the potential to grow a property portfolio in a sought-after setting.

Call the Wallasey office for more information or to arrange your own viewing.

Property details

Tenure
Freehold
Council Tax Band
TBC
Date Posted
2026-02-25

Utilities & Restrictions

Utilities

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Sewerage
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Rights & Restrictions

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Listed Property
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Property Features

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Parking
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Garden
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Enquire about this property

Contact Karl Tatler Estate Agents, Wallasey

117-119 Wallasey Road, Wallasey, CH44 2AA

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