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Gracamy Avenue, Warton, Preston, Lancashire

North West

£129,950
Listed on 30/05/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
452 sqft

Description

This semi-detached bungalow, situated in a quiet cul-de-sac, presents an opportunity for renovation and investment potential. Its location is advantageous, with local amenities within easy reach and Lytham's vibrant center just a short drive away. Additionally, access to the M55 motorway enhances connectivity for commuters. The interior layout includes two bedrooms, a bathroom, a kitchen, and a lounge. The kitchen features fitted base and eye-level units along with ample worktop space and an integrated sink. There are provisions for essential appliances such as a fridge/freezer and cooker. The lounge offers a cozy atmosphere highlighted by a double-glazed window that invites natural light and features a gas stove for warmth. The two bedrooms each have double-glazed windows, providing tranquil views of the enclosed rear yard. The bathroom is equipped with a practical three-piece suite that includes both a bath with a separate shower and full-height wall tiling. The property also boasts fenced courtyards at both the front and rear, allowing for outdoor enjoyment while maintaining privacy. Additionally, there’s a detached single garage that adds convenience for storage or parking. With potential to extend or reconfigure the space—subject to the necessary planning consents—this bungalow may appeal to those looking to create their ideal living environment or investors seeking to enhance its value. Being offered with no onward chain further simplifies any prospective transaction.

Investment Analysis

(PR4 area)

Above Market Value

This property is priced +17.3% above area average per sq ft

+17.3%
This Property
£288/sq ft
Area Average
£245/sq ft
Avg Rent (weekly)
£290
Avg Yield
4.5%

Renovation Potential

Est. Renovation Cost
£12,995 - £32,488
10-25% of property value
Target Value
£121,864
10% above area average per sq ft
Potential ROI
-25.0%
After renovation
Monthly Sales
69
Average per month
Market Turnover
62%
Properties sold annually

Local Market Trend (PR4)

Area prices are stable by +0.3% over the last 12 months
3 year growth: 10.1%
5 year growth: 16.4%
Investment Disclaimer: Analysis based on PR4 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

Gracamy Avenue, Warton, Preston, Lancashire
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