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Lancaster Drive, Banks, PR9

North West

£285,000
Listed on 30/01/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This distinctive three-bedroom detached home is set on approximately a quarter of an acre, offering substantial outdoor space and potential for renovation or development. The property features three spacious reception areas that provide flexible options for family living, entertaining, or creating a home office. With an abundance of natural light flooding the interiors, there is ample opportunity to reconfigure and modernize according to personal preferences and design choices, pending necessary approvals. The exterior is particularly noteworthy, with a sizable rear garden that not only provides privacy but also comes equipped with stables and outbuildings—ideal for equestrian pursuits or as storage and workshop facilities. This expanse of land presents an exciting opportunity for gardening enthusiasts or those looking to develop the property further. Located in the charming village of Banks, this home is surrounded by tranquil countryside while maintaining convenient access to Southport's array of amenities just 15 minutes away. This unique combination of rural charm and accessibility enhances its appeal for families or anyone seeking a semi-rural lifestyle. The property's extensive grounds and versatile living spaces mark it as a promising investment opportunity, ripe for transformation.

Investment Analysis

(PR9 area)
Area Average
£205/sq ft
Avg Rent (weekly)
£191
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
53%
Properties sold annually

Local Market Trend (PR9)

Area prices are stable by +0.6% over the last 12 months
3 year growth: +4.2%
5 year growth: +15.3%
Investment Disclaimer: Analysis based on PR9 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

Lancaster Drive, Banks, PR9
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,028
Based on a loan of £213,750 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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