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Elmwood, Skelmersdale, WN8

Yorkshire

£260,000

Listed on 23/06/2026

Property Details

Bedrooms
3
Type
Detached
Area
988 sqft

Description

Nestled in a tranquil residential street, this extended three-bedroom property presents an exciting opportunity for renovation and investment. The home boasts ample space, with potential for further enhancement both inside and out. The appealing exterior features contemporary grey-framed windows and a matching front door, complemented by off-road parking that accommodates two vehicles. Inside, the welcoming entrance hall leads to a generously sized living room bathed in natural light, seamlessly connecting to the rear garden via French doors. A side extension has expanded the ground floor layout, offering a spacious dining area that could become the heart of family gatherings or entertaining. The kitchen is functional yet presents an opportunity for modernisation with its breakfast bar and ample worktop space. Notably, the under-stairs storage cupboard suggests potential for conversion into additional facilities such as a downstairs WC. Upstairs, the landing opens to three well-sized bedrooms alongside a recently updated family bathroom featuring contemporary design elements that can be further enhanced or styled to match personal preferences. The principal bedroom offers significant flexibility with space for diverse furniture arrangements. The outdoor areas are equally impressive; the rear garden features a composite deck ideal for relaxation or entertaining. Additionally, the sizeable side garden area presents future development possibilities—whether transformed into a private sanctuary or explored for extension (subject to planning permissions), this aspect of the property widens its appeal tremendously. This home combines the advantages of generous living spaces with modern aesthetics in a sought-after location near local amenities and beautiful countryside paths, making it a prime candidate for those looking to invest in renovations while enjoying immediate comfort.

Investment Analysis

(WN8 area)

Above Market Value

This property is priced +31.0% above area average per sq ft

+31.0%
This Property
£263/sq ft
Area Average
£201/sq ft
Avg Rent (weekly)
£203
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£218,392
10% above area average per sq ft
Potential ROI
-27.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (WN8)

Area prices are falling by -7.2% over the last 12 months
3 year growth: +5.0%
5 year growth: +9.5%
Investment Disclaimer: Analysis based on WN8 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

Elmwood, Skelmersdale, WN8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£982
Based on a loan of £195,000 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

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