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Cop Lane, Penwortham, PR1

North West

£270,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1033 sqft

Description

This detached bungalow presents a remarkable opportunity for renovation and investment, featuring three bedrooms and two bathrooms with ample space and light. Upon entering, you are greeted by a spacious hallway adorned with elegant wooden flooring that sets a welcoming tone for the home. The main reception area is generously sized, offering large windows that fill the room with natural light; it serves as a comfortable setting for both family gatherings and quiet evenings. At the rear of the property, you'll find a kitchen equipped with a good range of units and integrated appliances, accompanied by a bright dining area that overlooks the outdoor space. This layout encourages imaginative renovations to transform it into an open-concept design if desired. The loft has been converted into an expansive bedroom that could easily serve dual purposes as either an additional sleeping space or a tranquil home office. The property's exterior features include a charming front porch/conservatory, private paved areas for entertaining, and well-tended gardens both at the front and back—a blank canvas for gardening enthusiasts. Additional conveniences are offered by the substantial driveway that allows for multiple vehicles, alongside covered parking options and a detached garage. Situated in a location rich with local amenities and excellent transport links, this bungalow stands out as an ideal project for those looking to enhance its value through thoughtful updates. With flexible living spaces and potential for expansion or modernisation, this property is poised to be transformed into a desirable family home or rental investment. Tenure: Freehold Council Tax Band: D EPC Rating: C

Investment Analysis

(PR1 area)

Above Market Value

This property is priced +36.6% above area average per sq ft

+36.6%
This Property
£261/sq ft
Area Average
£191/sq ft
Avg Rent (weekly)
£209
Avg Yield
6.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£217,431
10% above area average per sq ft
Potential ROI
-27.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (PR1)

Area prices are falling by +5.8% over the last 12 months
3 year growth: 5.0%
5 year growth: 16.7%
Investment Disclaimer: Analysis based on PR1 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

Cop Lane, Penwortham, PR1
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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
£989
Based on a loan of £202,500 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