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 work2-bedroom detached house · PR9 8BN
Listing removedListed 238 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the desirable village of Banks, Lancashire, this charming two bedroom detached bungalow (RECENTLY UNDERGONE A FULL RENOVATION) offers an exceptional opportunity for those seeking a beautifully presented and spacious home.
With a generous internal footprint of circa 1197 sqft, this property combines comfortable living with practical features, all set within a sought-after location.
Upon entering, you are greeted by a welcoming atmosphere that extends throughout the home. The bright front living room is a true highlight, providing a cosy and inviting space perfect for relaxation.
A feature log burner adds character and warmth, creating an ideal spot for cooler evenings.
This room benefits from ample natural light, making it a pleasant area for both entertaining and everyday living.
The heart of this home is undoubtedly the beautifully presented farmhouse style kitchen. Designed with both aesthetics and functionality in mind, it offers a delightful space for culinary pursuits.
The kitchen is well-appointed, providing plenty of storage and worktop space, making it a joy to cook and dine in.
This bungalow comprises two well-proportioned bedrooms, each offering a peaceful retreat.
These rooms are designed to maximise comfort and provide ample space for furnishings, ensuring a restful night's sleep.
The property also benefits from a modern three piece bathroom, meticulously maintained and featuring contemporary fixtures and fittings, providing a serene space for personal care.
Externally, the property truly shines. To the rear, a large, sun-catching patio garden provides an idyllic outdoor haven.
This private space is perfect for al fresco dining, entertaining guests, or simply enjoying the sunshine in a tranquil setting.
The low-maintenance design ensures you can spend more time relaxing and less time on upkeep.
To the front, a spacious drive offers convenient off-road parking for multiple vehicles, a highly desirable feature in any location.
Practicality is further enhanced by the large, recently insulated to regulation standards suspended floor loft, accessible via a convenient drop-down ladder.
This extensive loft space provides significant additional storage, helping to keep the main living areas clutter-free and organised.
Location is key, and this property benefits from excellent local transport links.
Residents will appreciate the easy access to Southport and Preston, making commuting straightforward and providing opportunities to explore the wider region's amenities, shops, and attractions.
Banks itself offers a friendly community atmosphere with local conveniences close at hand.
This delightful detached bungalow is advertised as offers in excess of £280,000 and represents a fantastic opportunity for a variety of buyers, from those looking to downsize to small families seeking a comfortable and well-located home.
Viewings are available upon request and are highly recommended to fully appreciate the quality and charm this property has to offer. Contact the estate agent today to arrange your personal tour.
SOME KEY POINTS FROM FULL RENOVATION INCLUDE: All walls & ceilings stripped back to brickwork, reboarded & replastered Joists fully replaced to ground floor Replaced floorboards to ground floor Full rewire completed including security lighting, burglar alarm & mains operated fire alarm detection Full central heating system installed with Victorian style radiators Full replacement of double glazing - windows & doors Replaced all fascias, soffits & gutters Loft recently insulated to regulation standard Freehold Council tax band D EPC D
Value & comps
No previous sales on record.
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 asking
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 Gravel Lane, Banks, Southport, Lancashire, PR9 8BN
Explore nearby