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Draycombe Drive, Heysham, Morecambe - Image 1
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Draycombe Drive, Heysham, Morecambe

North West

£295,000
Listed on 14/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This spacious three-bedroom semi-detached house combines traditional character with substantial renovation potential, making it an appealing prospect for both families and investors. Ideally located within walking distance of the seafront promenade and local shopping amenities, this property also benefits from proximity to primary and secondary schools, enhancing its attractiveness for family living. The home features double-glazed windows and gas central heating throughout, ensuring a comfortable living environment. Upon entering, you’ll find a welcoming porch that leads into a hallway with access to various rooms. The ground floor includes a generous lounge that boasts a feature fireplace, providing an inviting focal point. Adjacent to the lounge is a second reception room perfect for additional living space or a dedicated study. The open-plan dining area seamlessly connects to a sunroom that floods with natural light and provides direct access to the rear garden. A well-equipped kitchen features traditional elements such as a coal-fired Rayburn alongside modern conveniences like an integrated electric oven and hob. This layout allows for flexibility in redesign—ideal for those looking to create their dream kitchen or enhance functionality. Upstairs, the first floor comprises two double bedrooms along with a practical study featuring an open staircase leading to the expansive third attic bedroom. With ample under-eaves storage, this space offers significant potential for conversion into functional areas if desired. The four-piece bathroom includes both a shower cubicle and spa bath, presenting opportunities for modernization. Externally, the property is complemented by a pleasant front garden and driveway that accommodates multiple vehicles leading to a detached garage. The rear garden is generously sized, offering mature trees and shrubs as well as space for landscaping improvements or extensions if desired. While some aspects of the home require modernization, this property stands out as a well-proportioned family residence in an established neighborhood. Its charm and potential make it essential viewing for those looking to invest in real estate development or personalize their next home. With no chain involved, you have an opportunity to explore your options without delay.

Investment Analysis

(LA3 area)
Area Average
£215/sq ft
Avg Rent (weekly)
£192
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (LA3)

Area prices are rising by +6.7% over the last 12 months
3 year growth: 10.3%
5 year growth: 36.7%
Investment Disclaimer: Analysis based on LA3 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

Draycombe Drive, Heysham, Morecambe
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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
£1,081
Based on a loan of £221,250 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