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Knowle Avenue, Bispham

North West

£149,950
Listed on 13/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1335 sqft

Description

This semi-detached home offers a compelling renovation project for investors and developers, providing a unique opportunity to transform the space into a contemporary family residence. While the property requires a full refurbishment throughout, its generous layout and promising features create significant potential for appreciation following upgrades. Entering the home, you’re welcomed by a vestibule that leads into a reception hall. The spacious lounge measuring approximately 5.54m x 4.78m features a coved ceiling and large double-glazed bay window, allowing ample natural light to fill the room. Adjacent to the lounge is a dining room of similar dimension, creating an ideal flow for entertaining or family gatherings. The kitchen, measuring 4.62m x 2.13m, provides a functional area awaiting creative reimagining. On the first floor, you’ll find three well-sized bedrooms: the primary bedroom (5.54m x 4.78m) boasts double-glazed windows bringing in light, while bedrooms two (3.25m x 3.23m) and three (2.74m x 2.13m) offer additional comfortable spaces for living or sleeping arrangements. A bathroom with essential fittings completes this level. The external space adds further appeal; wrap-around gardens at the front, side, and rear present opportunities for landscaping and outdoor enjoyment. Additionally, the property includes a garage along with extra parking space — desirable assets in any neighborhood. Heating is provided via gas central heating (not tested), which may be updated during renovations to enhance energy efficiency and comfort. This home is classified as freehold; potential buyers should confirm all details with their solicitors. Situated in a location that benefits from local amenities and transport links, this property not only serves as an enticing prospect for renovation but also represents potential for solid long-term investment returns in today’s market landscape.

Investment Analysis

(FY2 area)

Below Market Value

This property is priced -31.3% below area average per sq ft

-31.3%
Potential saving
This Property
£112/sq ft
Area Average
£164/sq ft
Avg Rent (weekly)
£173
Avg Yield
5.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£240,100
10% above area average per sq ft
Potential ROI
+4.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Knowle Avenue, Bispham
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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