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Gravel Lane, Banks, Southport, PR9 8BN - Image 1
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Gravel Lane, Banks, Southport, PR9 8BN

North West

£425,000
Listed on 21/02/2026

Property Details

Bedrooms
5
Type
Detached house
Area
3337 sqft

Description

This substantial five-bedroom detached home presents a noteworthy opportunity for renovation and enhancement across its generous 3,337 sq ft layout. Positioned on a sought-after residential lane, the property boasts ample parking with a spacious driveway and double garage, catering well to families or those in need of extra storage or a workshop space. The interior features well-sized rooms that offer a blank canvas for buyers eager to modernise according to their personal style. With flexibility in the current layout, there's significant potential for reconfiguration, open-plan designs, or even extensions (subject to necessary permissions) to elevate the living experience. Nestled in the desirable Banks area, this home provides the perfect blend of semi-rural charm while being close to local amenities in Southport, including schools and transport links. This property stands out as an exceptional prospect for those looking to create a remarkable family residence in a fantastic location. A viewing is essential to appreciate fully the size and renovation possibilities available here.

Investment Analysis

(PR9 area)

Below Market Value

This property is priced -37.9% below area average per sq ft

-37.9%
Potential saving
This Property
£127/sq ft
Area Average
£205/sq ft
Avg Rent (weekly)
£191
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£752,861
10% above area average per sq ft
Potential ROI
+43.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Gravel Lane, Banks, Southport, PR9 8BN
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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
£1,533
Based on a loan of £318,750 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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