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Babbacombe Road, Penketh, WA5 - Image 1
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Babbacombe Road, Penketh, WA5

North West

£229,000
Listed on 08/03/2025

Property Details

Bedrooms
2
Type
Detached house
Area
592 sqft

Description

This two-bedroom bungalow presents an excellent opportunity for renovation and investment in a sought-after residential area of Penketh. Located conveniently near the Honiton Way shopping precinct, residents will find essential amenities within easy reach, including a medical center, library, swimming pool, and a variety of shops. The property features full double glazing throughout and is heated by gas central heating. Upon entering, you are greeted by an entrance hallway that leads to a spacious lounge, providing a versatile living space that can easily be reimagined. The two bedrooms offer ample natural light and potential for customization to suit modern tastes. A three-piece bathroom is included, along with a fully fitted kitchen that provides access to the side garden—a perfect spot for outdoor gatherings or potential expansion. Outside, the low-maintenance gardens at the front, side, and rear enhance the property's appeal while offering off-road parking options. The layout and location create various possibilities for updates or expansions that could significantly increase value over time. Whether looking to make this your home or considering it as an investment opportunity, this bungalow has solid potential waiting to be unlocked.

Investment Analysis

(WA5 area)

Above Market Value

This property is priced +44.1% above area average per sq ft

+44.1%
This Property
£387/sq ft
Area Average
£269/sq ft
Avg Rent (weekly)
£286
Avg Yield
5.2%

Renovation Potential

Est. Renovation Cost
£22,900 - £57,250
10-25% of property value
Target Value
£174,847
10% above area average per sq ft
Potential ROI
-38.9%
After renovation
Monthly Sales
37
Average per month
Market Turnover
70%
Properties sold annually

Local Market Trend (WA5)

Area prices are stable by +1.0% over the last 12 months
3 year growth: 3.8%
5 year growth: 24.8%
Investment Disclaimer: Analysis based on WA5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Babbacombe Road, Penketh, WA5
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