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Salop Avenue, FY2 - Image 1
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Salop Avenue, FY2

North West

£175,000
Listed on 13/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This detached bungalow presents a valuable opportunity for renovation and investment. Located within walking distance of the vibrant Bispham Village, the property features two generously sized double bedrooms, making it suitable for both homeowners and those looking to invest in rental properties. Inside, the layout includes a welcoming entrance porch that leads to an entrance hall providing access to various rooms. The spacious lounge benefits from three UPVC double-glazed windows, flooding the area with natural light. The dining kitchen is equipped with oak-style cabinetry and essential appliances, including a built-in oven and hob. Though functional, this space offers potential for updates to enhance its design and efficiency. Both bedrooms are well-proportioned; the master bedroom features a large window while the second bedroom includes fitted wardrobes for additional storage. A bathroom and separate W.C. complete the accommodation, both areas that could be modernized to align with current trends. The exterior of the property does not disappoint either. It boasts gardens at both the front and rear, providing outdoor space that can be tailored to suit personal tastes or used creatively for landscaping projects. A driveway allows off-street parking and leads to a detached brick garage, adding further convenience. Given its need for superficial updates throughout, this bungalow represents a unique chance to add significant value through modernization efforts while enjoying all the perks of a desirable location close to local amenities and services. With gas central heating already in place and UPVC double glazing enhancing energy efficiency, this property is ready for new owners looking to make their mark.

Investment Analysis

(FY2 area)
Area Average
£164/sq ft
Avg Rent (weekly)
£173
Avg Yield
5.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
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

Salop Avenue, 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
£641
Based on a loan of £131,250 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