We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom detached house · FY8 4FS
Sold STCReduced £25k (−6.3%) on 26 MayListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within a quiet cul-de-sac on the ever-popular Cypress Point development, this impressive four-bedroom detached Portland-style home is offered to the market via the modern method of auction.
While well maintained, the property would benefit from internal modernisation, presenting an excellent opportunity for buyers to update and personalise, creating a home tailored to their own taste and style.
Occupying a private position, the property benefits from a generous driveway and double garage, providing ample off-road parking.
To the rear, there is a substantial garden, ideal for families and outdoor entertaining. Internally, the accommodation is spacious and well-proportioned throughout.
The ground floor comprises two large reception rooms, a versatile home office, a convenient downstairs WC and a generous kitchen.
A bright conservatory extends from the side of the property, creating additional living space filled with natural light.
To the first floor, there are four well-sized bedrooms and a family bathroom, with the principal bedroom further benefiting from its own en suite bathroom.
The layout offers excellent flexibility, making it perfectly suited to modern family living.
Cypress Point remains one of the area's most sought-after developments, renowned for its attractive surroundings, including a picturesque lake and beautifully maintained gardens, offering a peaceful and scenic environment.
Located in a highly convenient position, the property is just 8 minutes (3.5 miles) from the M55 motorway, offering excellent commuter links.
Lytham town centre is only 6 minutes away (2 miles), while Ansdell centre is a short 4-minute drive (1 mile).
St Annes town centre is also close by, just 6 minutes (2 miles), providing easy access to a wide range of shops, cafés, amenities, and coastal attractions.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Part Payment Deposit of 4.5% of the purchase price, subject to a minimum of £6,600.00.
This is paid to reserve the property to the buyer during the Reservation Period and is used as part-payment towards the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About Monks Gate, Cypress Point
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