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Liverpool Echo
Liverpool Echo
Business
Ellen Kirwin

"Stunning" Grade II listed home with underground potential for sale

A “quality” home has been listed for sale in Liverpool, that’s got potential for conversion.

The Grade II listed property has already been renovated and “beautifully” maintained throughout, however there’s further possibilities for a revamp in the basement. Spread across four levels, the home boasts a basement that was previously used as a kitchen but estate agents say it could be transformed into a gym, cinema room, “man cave” or children’s play area.

Called Olive Mount Villa, on Mill Lane, Wavertree, the home benefits from having a large front and back garden. The semi-detached property is on the market for offers over £700,000.

READ MORE: Renovated home doubles its asking price

According to Rightmove’s sales information, properties in Wavertree had an overall average price of £183,715 over the last year. Most of the sales during the last year were terraced properties, selling for an average price of £166,974.

While semi-detached properties sold for an average of £262,423, with flats fetching £118,491. Overall, sold prices in Wavertree over the last year were 5% up on the previous year and 22% up on the 2019 peak of £151,031.

However it’s worth noting that houses of a similar size and character as Olive Mount Villa are listed and sold for much higher than the average. Less than a mile away,another five bedroom house sold after being listed for £425,000 on West Oakhill Park. After being listed for £595,000, a similar property on Childwall Valley Road, sold.

Olive Mount Villas, Wavertree, Liverpool (Venmore / Rightmove)

Estate agents Venmore say that "words and pictures really do not do this home justice." Images show that the current owners have carefully restored many period features so the home has kept its original characteristics with a modern touch.

The home has an entrance vestibule with ornate stained glass windows and coving, setting the tone for the home throughout. From the vestibule is a entrance hall that leads to two living rooms, both of which have open fires with "impressive" fire surrounds.

Also on the ground floor is a fully integrated kitchen that leads onto a utility room and bathroom. On the first floor, there's a surprising kitchenette which could be transformed into something more suitable for the new owners.

Olive Mount Villas, Wavertree, Liverpool (Venmore / Rightmove)

On the top floor there's the three remaining bedrooms, with benefit from natural light from large velux windows. One room has an en-suite bathroom. There's also another kitchenette.

Below is a cellar which could be transformed into something new. Both to the front and back of the home there are large gardens. In the front there's a long driveway and lawn area with mature borders for additional privacy.

In the back garden there's a mixture of patio areas and greenery. There's additional potential with two outbuildings and a barbecue area in the back garden.

Olive Mount Villas, Wavertree, Liverpool (Venmore / Rightmove)

The Venmore listing reads: “Looking for a stunning period family home with an abundance of character and charm? Venmore Estate Agents are privileged to bring to the sales market this stunning grade II listed semi-detached home.

“This fabulous home has undergone significant renovation by the current owner, carefully restoring many of the original features throughout the home whilst maintaining a real charm to the property with a modern twist. This really does represent a rare opportunity to purchase such an elegant home.

“The property is ideal for a variety of buyers, offering spacious, well planned out accommodation.”

View more images and information about the property on Rightmove here.

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