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St. Lukes Drive, Orrell, WN5

Yorkshire

£240,000
Listed on 08/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
999 sqft

Description

This three-bedroom semi-detached property offers a promising foundation for those looking to invest or renovate in a sought-after neighborhood. The absence of an onward chain allows for a swift transition to ownership, making it an ideal choice for buyers eager to personalize their next home. The exterior features a driveway that accommodates off-road parking and a well-kept lawn, contributing to the overall attractiveness of the property. Inside, the layout provides ample living space that can easily adapt to various family needs. The large kitchen and dining area serve as a central hub, perfect for daily meals and gatherings, while the attached garage presents versatility; it can be utilized for secure parking or storage, or potentially transformed into additional living quarters or a dedicated workspace (subject to planning permissions). On the upper level, three well-lit bedrooms await, each offering an opportunity for customization. The family bathroom is functional but could benefit from modernization, presenting another chance to enhance the property’s appeal and value. At the rear, you'll find a generously sized garden that offers privacy and potential for landscaping or expansion. This outdoor area is ideal not only for children’s play but also for entertaining guests during warmer months. The property's location further enhances its investment potential, being conveniently situated near Orrell Water Park, which provides recreational activities such as walking and cycling. Essential amenities including schools, shops, and public transport links are all within close proximity, ensuring this home meets both lifestyle needs and long-term value appreciation. Overall, this property holds significant renovation possibilities in a desirable area, making it an appealing option for those keen on adding personal touches while securing a solid investment in real estate.

Investment Analysis

(WN5 area)

Above Market Value

This property is priced +20.9% above area average per sq ft

+20.9%
This Property
£240/sq ft
Area Average
£199/sq ft
Avg Rent (weekly)
£192
Avg Yield
4.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Target Value
£218,351
10% above area average per sq ft
Potential ROI
-14.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (WN5)

Area prices are rising by +5.6% over the last 12 months
3 year growth: 11.8%
5 year growth: 35.8%
Investment Disclaimer: Analysis based on WN5 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

St. Lukes Drive, Orrell, WN5
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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
£879
Based on a loan of £180,000 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