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Cranleigh Avenue, Bispham, Blackpool, FY2 - Image 1
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Cranleigh Avenue, Bispham, Blackpool, FY2 - Image 5

Cranleigh Avenue, Bispham, Blackpool, FY2

North West

£149,950
Listed on 01/06/2025

Property Details

Bedrooms
3
Type
Detached house
Area
764 sqft

Description

This three-bedroom semi-detached home presents a promising investment opportunity in a quiet residential neighborhood, conveniently located near Bispham Village and the amenities along Red Bank Road. Residents will appreciate the proximity to supermarkets, high street shopping, and a selection of schools, along with accessible road and public transport links. While the property requires some updates to reach its full potential, it boasts a spacious layout that can easily accommodate family living. The entrance features an L-shaped hall leading to both the kitchen and a generous living room. Adjacent to the living area is a versatile rear porch, which could serve as a sunroom or utility space. On the ground floor, you'll find two well-proportioned bedrooms and a wet room, making this home adaptable for various needs. The exterior includes gated off-road parking at the front and an enclosed rear garden that is low-maintenance, allowing for easy enjoyment of outdoor space. Offering no ongoing chain, this property is ready for new owners to reimagine it into their ideal family home. Given its advantageous location and renovation potential, early exploration of this opportunity is highly recommended.

Investment Analysis

(FY2 area)

Above Market Value

This property is priced +20.0% above area average per sq ft

+20.0%
This Property
£196/sq ft
Area Average
£164/sq ft
Avg Rent (weekly)
£173
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£137,405
10% above area average per sq ft
Potential ROI
-25.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (FY2)

Area prices are rising by +4.4% over the last 12 months
3 year growth: 3.6%
5 year growth: 20.2%
Investment Disclaimer: Analysis based on FY2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Cranleigh Avenue, Bispham, Blackpool, FY2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£549
Based on a loan of £112,462 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE