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Redgate, Ormskirk, L39

North West

£185,000
Listed on 27/04/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
733 sqft

Description

This semi-detached true bungalow presents an attractive opportunity for those looking to embark on a comprehensive renovation project. Located in a desirable area, the property features a lawned front yard and a spacious driveway that can accommodate multiple vehicles. Inside, the entrance opens to a large lounge that serves as the central hub of the home, leading into a kitchen and an inner hallway connecting to essential living spaces including two bedrooms, a dining room with patio doors to the rear garden, and a bathroom. The rear garden offers ample room for landscaping and design, providing an ideal space for outdoor enhancement. Additionally, there is potential to create a private patio or seating area alongside the property. This home requires extensive refurbishment, giving buyers the chance to tailor it fully to their preferences and needs. Notably, there is additional scope for expansion into the loft area pending necessary permissions; such alterations could significantly increase living space as seen in similar neighboring properties. With comparable renovated bungalows in this region fetching around £280,000, there is considerable potential here for value appreciation through strategic investment. The location also boasts proximity to Clieves Hill Nature Walk, appealing to outdoor enthusiasts seeking tranquility nearby.

Investment Analysis

(L39 area)

Below Market Value

This property is priced -0.3% below area average per sq ft

-0.3%
Potential saving
This Property
£252/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£215
Avg Yield
3.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£204,115
10% above area average per sq ft
Potential ROI
-23.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (L39)

Area prices are rising by +2.3% over the last 12 months
3 year growth: +0.8%
5 year growth: +15.2%
Investment Disclaimer: Analysis based on L39 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

Redgate, Ormskirk, L39
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£655
Based on a loan of £138,750 over 30 years at 3.91% 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.

Stamp Duty Calculator

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