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Gracamy Avenue, Warton, Preston, Lancashire - Image 1
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Gracamy Avenue, Warton, Preston, Lancashire - Image 8

Gracamy Avenue, Warton, Preston, Lancashire

North West

£129,950
Listed on 28/05/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
452 sqft

Description

This semi-detached bungalow is situated in a quiet cul-de-sac, offering a peaceful environment while being conveniently close to local amenities and just a short drive from Lytham's vibrant center and the M55 motorway. The property features two bedrooms, a lounge, kitchen, and a bathroom, making it an ideal base for those looking to downsize or invest in a renovation project. The kitchen boasts practical layout with fitted base and eye-level units, and space for modern appliances. The lounge enjoys natural light through its double-glazed window and offers a cozy atmosphere with its coal-effect gas fireplace. Both bedrooms are well-sized, with ample light illuminating their inviting spaces. The bathroom includes a three-piece suite with the convenience of both a bath and separate shower, making it functional for everyday use. Outside, the bungalow is complemented by fenced courtyards at both the front and rear, which offer potential for outdoor living or gardening enthusiasts. Additionally, a detached single garage provides essential storage or could serve as a workshop. This property holds significant potential for renovation or extension (subject to relevant planning permissions), allowing future owners to tailor the space to their needs. With no onward chain, this property presents a unique opportunity for those looking to invest in real estate within an attractive location.

Investment Analysis

(PR4 area)

Above Market Value

This property is priced +18.0% above area average per sq ft

+18.0%
This Property
£288/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£282
Avg Yield
5.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£8,000 - £15,000
Target Value
£121,143
10% above area average per sq ft
Potential ROI
-16.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (PR4)

Area prices are stable by +1.8% over the last 12 months
3 year growth: 6.2%
5 year growth: 10.0%
Investment Disclaimer: Analysis based on PR4 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

Gracamy Avenue, Warton, Preston, Lancashire
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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
£476
Based on a loan of £97,462 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