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Crofton Avenue, Bispham

North West

£90,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
655 sqft

Description

This spacious three-bedroom terraced house, located in a desirable residential area near Bispham Village, presents a valuable opportunity for those seeking a renovation project or an investment property. While the home is currently in need of some updating, it offers significant potential to yield around £900 per month in rental income once improvements are made. With no chain involved, buyers can move forward quickly. The property features good-sized gardens and a layout that includes a hallway, lounge, dining area, kitchen, and three bedrooms alongside a bathroom. This could serve as an excellent first-time buy or buy-to-let investment with the right enhancements. Viewings are available in person or via virtual tour.

Investment Analysis

(FY2 area)

Below Market Value

This property is priced -16.0% below area average per sq ft

-16.0%
Potential saving
This Property
£137/sq ft
Area Average
£164/sq ft
Avg Rent (weekly)
£173
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£117,802
10% above area average per sq ft
Potential ROI
+2.4%
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

Crofton Avenue, Bispham
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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
£330
Based on a loan of £67,500 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