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2 Bonds Lane, Banks, Southport, Merseyside PR9 8HG

North West

£125,000

Listed on 24/06/2026

Property Details

Bedrooms
2
Type
Semi Detached

Description

This semi-detached house offers significant potential for renovation and expansion, featuring a partially constructed two-storey extension that, once completed, will transform the property into a three-bedroom residence. Currently in shell condition, the home requires extensive renovations to reach its full potential. Planning permission has already been granted by West Lancashire Council (ref:2021/0757/FUL) for the completion of both a side and rear extension, allowing for an open-plan lounge/dining area and an upgraded kitchen on the ground floor, along with an additional bedroom upstairs. Originally comprising a lounge, dining room, kitchen, and bathroom on the ground level and two bedrooms above, this property presents a promising investment opportunity in need of thorough refurbishment to make it habitable. The freehold tenure adds to its attractiveness as an investment.

Investment Analysis

(PR9 area)
Area Average
£209/sq ft
Avg Rent (weekly)
£188
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£45,000 - £70,000
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

2 Bonds Lane, Banks, Southport, Merseyside PR9 8HG
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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
£472
Based on a loan of £93,750 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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