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Wigan Road, Westhead, Ormskirk, L40 6HZ - Image 1
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Wigan Road, Westhead, Ormskirk, L40 6HZ - Image 3
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Wigan Road, Westhead, Ormskirk, L40 6HZ - Image 5

Wigan Road, Westhead, Ormskirk, L40 6HZ

North West

£215,000
Listed on 26/02/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
882 sqft

Description

This semi-detached home offers significant renovation and investment potential in a sought-after residential neighborhood near the historic town of Ormskirk. Its proximity to various amenities, including local primary and secondary schools as well as a nearby pub known for its hearty meals, enhances its appeal for families and investors alike. The property features three bedrooms, a spacious living/dining area, and a kitchen breakfast room, providing a solid foundation for modernization. While the interior requires updating, it presents an opportunity for buyers to customize the space according to their preferences. The living/dining room enjoys natural light from windows on both the front and rear aspects, while the kitchen connects to the dining area, creating a welcoming environment for gatherings. Upstairs, you will find three bedrooms that can be transformed into comfortable retreats. The family bathroom includes essential fixtures and offers scope for refurbishment. Externally, the property boasts practical features such as a driveway with ample parking space, an attached double garage with power and light, and gardens at both the front and rear. The front garden is bordered by walls with a small lawn, while the back garden has a patio area surrounded by mature hedges — ideal for future landscaping or outdoor entertainment enhancements. With gas central heating and double glazing in place, this property has functional elements already established but awaits a new owner’s vision. Additionally, its location benefits from access to ultrafast broadband service as indicated by Ofcom. This home represents an excellent opportunity to invest in a desirable area with strong potential for appreciation through thoughtful renovations. Whether you're looking to make it your own or seeking an investment project in Ormskirk's vibrant community, this property is worth considering.

Investment Analysis

(L40 area)

Below Market Value

This property is priced -8.6% below area average per sq ft

-8.6%
Potential saving
This Property
£244/sq ft
Area Average
£267/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.1%

Renovation Potential

Est. Renovation Cost
£21,500 - £53,750
10-25% of property value
Target Value
£258,704
10% above area average per sq ft
Potential ROI
-3.7%
After renovation
Monthly Sales
12
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (L40)

Area prices are falling by +4.7% over the last 12 months
3 year growth: 6.5%
5 year growth: 6.0%
Investment Disclaimer: Analysis based on L40 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

Wigan Road, Westhead, Ormskirk, L40 6HZ
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