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Elmridge, Tanhouse, Skelmersdale

Yorkshire

£69,950
Listed on 29/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
764 sqft

Description

This three-bedroom end-terrace house presents a valuable investment opportunity, ideal for those with a vision for renovation. While the property is in need of updates, it boasts a solid foundation with double glazing and gas central heating already installed. The layout includes an entrance hall leading to a kitchen/diner equipped with essential appliances, and a spacious lounge that opens to the rear garden via double glazed sliding doors. Upstairs, the accommodation features three bedrooms and a family bathroom, providing ample space for refurbishment. The enclosed garden offers potential for enhancement or landscaping. Located in a community-oriented neighbourhood with convenient access to local amenities and public transport links, this home is set for transformation. With no onward chain complications, it’s ready for immediate consideration by investors looking to unlock its full potential.

Investment Analysis

(WN8 area)

Below Market Value

This property is priced -53.4% below area average per sq ft

-53.4%
Potential saving
This Property
£92/sq ft
Area Average
£196/sq ft
Avg Rent (weekly)
£188
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£164,971
10% above area average per sq ft
Potential ROI
+73.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (WN8)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 8.6%
5 year growth: 21.8%
Investment Disclaimer: Analysis based on WN8 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

Elmridge, Tanhouse, Skelmersdale
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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
£256
Based on a loan of £52,462 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