New Lane Pace, Banks, Southport
North West
£1,200,000
Listed on 23/10/2026
Listed on 23/10/2026
The listing
Property details
Bedrooms
7Type
DetachedArea
13205 sqftFeatures
- Parking
Description
This detached seven-bedroom farmhouse is set within approximately 4.75 acres and is offered with no onward chain. The ground floor includes an open-plan kitchen and dining area, living room, family room, cinema room and a utility room with shower. Upstairs are seven double bedrooms, including two with en-suite shower rooms, alongside a family bathroom. Four loft rooms are also described as converted and used for storage.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
81out of 100
Grade AStrong opportunity
Confidence: MEDIUM
At £1.2m, this is a strikingly low asking price against the local average: about £91 per sq ft versus £211. That makes the scale of the property and grounds especially compelling for the money. The farmhouse’s photographed interiors are dated, but the work looks mainly like modernisation and redecoration, with a light renovation range of £5,000–£15,000. The large open-plan kitchen/dining space, separate living room and distinctive freestanding-bath bathroom offer clear scope to refresh the character of the house.
Key opportunities
- Refresh the dated finishes, flooring and bold colour choices across the photographed living spaces and bedrooms.
- Make better use of the circa 4.75-acre grounds, including improving overgrown garden and field areas.
- Explore the detached outbuilding’s potential conversion to a bungalow, subject to relevant approvals.
Key risks
None recorded.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£4,533
Based on a loan of £900,000 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.
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