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Bristol Avenue, Bispham, FY2 - Image 1
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Bristol Avenue, Bispham, FY2

North West

£85,000
Listed on 02/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
726 sqft

Description

This three-bedroom terrace house offers a compelling opportunity for cash buyers looking to invest in a property with significant renovation potential. Situated in Bispham, the home benefits from convenient access to local amenities, schools, and transportation links, making it an ideal choice for families or investors seeking rental opportunities. The interior features generous room sizes throughout, providing a blank canvas for those interested in modernizing or reconfiguring the space to suit their needs. The main living area includes a sizable lounge that opens into a kitchen with ample natural light, encouraging an inviting atmosphere. Upstairs, the property includes three bedrooms that offer flexibility for use as guest rooms, home offices, or children's bedrooms. The bathroom is equipped with a three-piece suite and presents an opportunity for updates to enhance functionality and aesthetics. Externally, the property features both front and rear gardens that could benefit from landscaping or additional enhancements. This outdoor space adds value and could serve various purposes depending on your vision for the property. As a freehold property, this house comes with the added benefit of ownership without leasehold concerns. With its prime location and considerable potential for improvement, this residence presents an attractive investment proposition for those willing to take on a renovation project. Viewings are available by appointment through our agents' office.

Investment Analysis

(FY2 area)

Below Market Value

This property is priced -28.4% below area average per sq ft

-28.4%
Potential saving
This Property
£117/sq ft
Area Average
£164/sq ft
Avg Rent (weekly)
£173
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£130,571
10% above area average per sq ft
Potential ROI
+8.8%
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

Bristol Avenue, Bispham, 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
£311
Based on a loan of £63,750 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