Knights Close, Cleveleys FY5

North West

£160,000

Listed on 25/01/2026

Property Details

Bedrooms

Type

Detached house

Area

775 sqft

Description

This spacious two-bedroom bungalow presents an exciting opportunity for renovation in a tranquil cul-de-sac of Cleveleys. With ample room sizes, the property features two generously sized double bedrooms, including a master with an en suite bathroom, making it suitable for modern living standards. The layout encompasses a hallway, kitchen with integrated appliances, a lounge equipped with a gas fire, and a bathroom that could benefit from contemporary updates. The outdoor space includes a front garden with driveway parking and a low-maintenance rear garden, perfect for outdoor relaxation or further landscaping potential. This property holds significant promise for investors or those looking to create their ideal home through refurbishment.

Investment Analysis

(FY5 area)

Above Market Value

This property is priced +2.0% above area average per sq ft

+2.0%

This Property

£206/sq ft

Area Average

£202/sq ft

Avg Rent (weekly)

£175

Avg Yield

4.5%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£15,000 - £25,000

Target Value

£172,589

10% above area average per sq ft

Potential ROI

-6.7%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

46%

Properties sold annually

Local Market Trend (FY5)

Area prices are rising by +3.4% over the last 12 months

3 year growth: +0.7%

5 year growth: +16.7%

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

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments

£577

Based on a loan of £120,000 over 30 years at 4.06% 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.