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Square Lane, Burscough, L40

North West

£225,000
Listed on 28/06/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1188 sqft

Description

This three-bedroom detached dormer bungalow presents a promising opportunity for renovation and investment in the vibrant Burscough Village. Positioned within easy walking distance to the village center, the property boasts convenient access to essential amenities, including supermarkets, shops, and schools, making it an attractive location for families and professionals alike. The layout begins with an entrance porch that flows into a central hallway, providing access to various living spaces. The lounge at the front is illuminated by a generous bay window and features a classic fireplace, creating a welcoming atmosphere. The kitchen occupies a central role in the home but is in need of modernization, allowing for personal touches and upgrades. Adjacent to the kitchen is a versatile sitting area that enhances the potential for an open-concept redesign. On the ground floor, there is a spacious double bedroom with another large bay window; this room's flexibility allows it to serve as either a comfortable bedroom or an alternate living or dining space. Upstairs, two additional double bedrooms are complemented by a storage room, ideal for accommodating family or guests. Externally, the property includes a double driveway offering ample off-street parking alongside well-maintained mature gardens that enhance its curb appeal. The rear of the home features both a detached garage—currently utilized as a workshop—and a brick-built shed. The garden area is primarily paved, lending itself to low maintenance while still providing outdoor space potential. This property is offered with no chain and represents an excellent opportunity for those looking to invest in Burscough Village's housing market or enhance their living space through thoughtful renovations. With freehold status and council tax band D classification, this bungalow stands ready for new ownership and future development possibilities. An Energy Performance Certificate (EPC) is on order for prospective buyers' convenience.

Investment Analysis

(L40 area)

Below Market Value

This property is priced -29.4% below area average per sq ft

-29.4%
Potential saving
This Property
£189/sq ft
Area Average
£268/sq ft
Avg Rent (weekly)
£292
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£350,745
10% above area average per sq ft
Potential ROI
+34.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (L40)

Area prices are falling by +6.9% over the last 12 months
3 year growth: 6.9%
5 year growth: 0.7%
Investment Disclaimer: Analysis based on L40 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

Square Lane, Burscough, L40
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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
£824
Based on a loan of £168,750 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