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Knights Close, Cleveleys, FY5

North West

£165,000
Listed on 20/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
775 sqft

Description

This two-bedroom bungalow presents a unique opportunity for renovation and investment in a quiet cul-de-sac setting. The property features spacious interiors, making it an ideal canvas for modern updates while maintaining its original charm. Inside, you'll find a welcoming hallway leading to light-filled rooms. The kitchen, equipped with fitted wall and base units as well as essential appliances, offers the potential for cosmetic upgrades to create an inviting cooking space. The adjoining lounge is generously sized, providing ample room for relaxation and social gatherings. Both bedrooms are doubles, with the master benefiting from an en-suite bathroom, which could be refreshed to meet contemporary standards. The second bedroom also includes fitted wardrobes, maximizing storage while keeping the room uncluttered. A family bathroom completes the interior layout and presents further opportunities for modernization. Externally, the property boasts a front garden with driveway access for multiple vehicles along with a low-maintenance rear garden that enjoys southern exposure—perfect for outdoor living or gardening enthusiasts. A detached garage adds further value, providing additional storage or potential workshop space. Located in Cleveleys, this bungalow benefits from its proximity to local amenities and transport links, enhancing its appeal to future occupants or investors alike. With significant renovation potential throughout and in a desirable location, this property is well-suited for those looking to create their ideal home or capitalize on an investment opportunity.

Investment Analysis

(FY5 area)

Above Market Value

This property is priced +5.3% above area average per sq ft

+5.3%
This Property
£213/sq ft
Area Average
£202/sq ft
Avg Rent (weekly)
£185
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£172,290
10% above area average per sq ft
Potential ROI
-11.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
69
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (FY5)

Area prices are rising by +3.5% over the last 12 months
3 year growth: -0.3%
5 year growth: 16.0%
Investment Disclaimer: Analysis based on FY5 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

Knights Close, Cleveleys, FY5
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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
£604
Based on a loan of £123,750 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