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Ring Dyke Way, Lytham, FY8 - Image 1
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Ring Dyke Way, Lytham, FY8

North West

£299,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1163 sqft

Description

Located on a quiet residential street, this detached three-bedroom home is conveniently situated within walking distance of Lytham’s lively town center, providing easy access to a range of shops, restaurants, and public transport options. The property is presented with a solid layout that is ready for modernization, making it an appealing prospect for first-time buyers or investors looking to capitalize on its renovation potential. Upon entering, you'll find a welcoming hallway leading to a spacious lounge with a cozy stone fireplace as its focal point. The ground floor comprises a fitted kitchen equipped with essential appliances and ample cabinetry, alongside a generous dining room that could easily be converted into a third bedroom if desired. A convenient shower room completes the ground floor accommodations. Upstairs reveals two sizable double bedrooms accompanied by a separate WC. Each bedroom offers built-in storage solutions, contributing to the property’s overall functionality. Externally, the home boasts a low-maintenance rear garden that has been predominantly paved and stone-chipped, as well as flowerbeds for added greenery. A single garage and off-road parking via the driveway enhance practical living in this sought-after area. This property stands out due to its renovation possibilities in an enviable location. With thoughtful updates and improvements, it could transform into an inviting family home or an attractive rental investment—ideal for those looking to leave their mark in Lytham. Exploring this potential further would be worthwhile for anyone interested in suburban living with urban conveniences at their doorstep.

Investment Analysis

(FY8 area)

Above Market Value

This property is priced +1.6% above area average per sq ft

+1.6%
This Property
£257/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£200
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£323,663
10% above area average per sq ft
Potential ROI
-4.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (FY8)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 7.3%
5 year growth: 18.0%
Investment Disclaimer: Analysis based on FY8 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

Ring Dyke Way, Lytham, FY8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,095
Based on a loan of £224,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE