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

North West

£85,000
Listed on 01/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
726 sqft

Description

This three-bedroom terrace house in Bispham presents a noteworthy opportunity for cash buyers seeking a renovation project. Positioned conveniently near local amenities, schools, and transportation options, this property boasts spacious rooms that enhance its investment appeal. The layout includes a lounge, kitchen, three bedrooms, and a bathroom, alongside front and rear gardens. While the home requires comprehensive renovations throughout, it offers significant potential for those willing to transform it into a desirable residence. The generous dimensions of each room hint at the possibility of modernizing the space to suit contemporary living needs.

Investment Analysis

(FY2 area)

Below Market Value

This property is priced -29.1% below area average per sq ft

-29.1%
Potential saving
This Property
£117/sq ft
Area Average
£165/sq ft
Avg Rent (weekly)
£170
Avg Yield
5.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£131,889
10% above area average per sq ft
Potential ROI
+5.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (FY2)

Area prices are rising by +6.5% over the last 12 months
3 year growth: 3.9%
5 year growth: 18.2%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£307
Based on a loan of £63,750 over 30 years at 4.06% 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