Worst House on the Street Logo
Chapel Lane, Banks, PR9 - Image 1
Chapel Lane, Banks, PR9 - Image 2
Chapel Lane, Banks, PR9 - Image 3
Chapel Lane, Banks, PR9 - Image 4
Chapel Lane, Banks, PR9 - Image 5
Chapel Lane, Banks, PR9 - Image 6
Chapel Lane, Banks, PR9 - Image 7
Chapel Lane, Banks, PR9 - Image 8
Chapel Lane, Banks, PR9 - Image 9
Chapel Lane, Banks, PR9 - Image 10
Chapel Lane, Banks, PR9 - Image 11
Chapel Lane, Banks, PR9 - Image 12
Chapel Lane, Banks, PR9 - Image 13
Chapel Lane, Banks, PR9 - Image 14
Chapel Lane, Banks, PR9 - Image 15
Chapel Lane, Banks, PR9 - Image 16
Chapel Lane, Banks, PR9 - Image 17
Chapel Lane, Banks, PR9 - Image 18
Chapel Lane, Banks, PR9 - Image 19
Chapel Lane, Banks, PR9 - Image 20
Chapel Lane, Banks, PR9 - Image 21

Chapel Lane, Banks, PR9

North West

£175,000

Listed on 15/06/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
1096 sqft

Description

This two-bedroom semi-detached residence, located in the desirable Chapel Lane area of Banks village, West Lancashire, offers significant potential for renovation and investment. Nestled on a sizeable private plot, the property is ideal for those looking to personalize their living space or enhance its value through thoughtful updates. The home is set back from the road, providing ample off-road parking and an inviting sense of privacy that is often sought after in central village locations. The front garden allows for landscaping possibilities or even expansion (subject to necessary approvals), while the low-maintenance appearance could benefit from a contemporary refresh. Entering through the traditional hallway, you will find a spacious living room at the front with a striking central fireplace that adds character and serves as a natural focal point. This room's generous proportions offer an excellent opportunity for reconfiguration into an open-plan design if desired. At the rear of the property, the kitchen and dining area form a sizable open-plan space ripe for modernization. With an existing selection of cabinets and enough room for a family dining table, this area can be transformed with modern fittings and perhaps an island or breakfast bar to foster a stylish cooking environment. Direct access to the rear garden enhances its suitability for entertaining. Upstairs features two well-proportioned double bedrooms, with the primary bedroom offering pleasant views over Chapel Lane. Both rooms provide ample space for storage solutions while allowing for further enhancements. The family bathroom is surprisingly spacious and already accommodates essential facilities; however, it holds clear potential for upgrades without requiring significant structural alterations. One notable aspect of this property is its outdoor space. The expansive rear garden presents numerous opportunities for landscaping or extensions while maintaining generous remaining yard area — options worth considering for enhancing future value. Additionally, there’s a solidly built detached double garage with an adjoining workshop that could serve various purposes including conversion into a home office or recreational space. Situated in Banks village—a community defined by its mix of established residents and new families—this home benefits from local amenities including shops and highly regarded schools, with convenient transport links to nearby towns. Overall, this property embodies an enticing opportunity to create a unique living experience in a sought-after location.

Investment Analysis

(PR9 area)

Below Market Value

This property is priced -23.6% below area average per sq ft

-23.6%
Potential saving
This Property
£160/sq ft
Area Average
£209/sq ft
Avg Rent (weekly)
£188
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£252,091
10% above area average per sq ft
Potential ROI
+17.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PR9)

Area prices are stable by -1.4% over the last 12 months
3 year growth: +5.1%
5 year growth: +13.8%
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

Chapel Lane, Banks, PR9
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£661
Based on a loan of £131,250 over 30 years at 4.45% 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.