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Mythop Road, Lytham

North West

£325,000
Listed on 13/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This detached two-bedroom bungalow presents a valuable opportunity for renovation and investment. Located on Mythop Road, the property is conveniently situated within walking distance of two primary schools and St Bede's Senior School. Additionally, it is just a 15-minute walk from the vibrant center of Lytham, which offers a range of shopping facilities, amenities, Lytham Green, and Lytham Hall. Public transport options are easily accessible from Mythop Road, providing connections to Lytham St Annes High School and Preston College. Upon entering the property, you are greeted by an entrance porch that leads into a spacious hallway featuring a corniced ceiling and access to a part-boarded loft space via a pull-down ladder. The lounge is generously proportioned and features a walk-in square bay window that looks out onto the front garden. The room includes additional side windows for natural light and has a fireplace as its focal point—an ideal feature for future enhancement. The kitchen has potential for modernization with existing eye-level cupboards and work surfaces in need of updating. A lean-to porch off the kitchen adds extra storage space and provides access to the rear garden. Both bedrooms offer comfortable living spaces with views of the enclosed rear garden; however, they would benefit from some refurbishment. The bathroom includes essential amenities but could be refreshed to match contemporary standards. Outside, the property features well-maintained front gardens alongside an adjoining driveway for off-road parking that leads to a garage currently used for storage. The surrounding area supports an attractive lifestyle with plenty of local amenities at your fingertips, creating potential for growth in property value with further improvements made. With gas-fired central heating from an Ideal Logic combi boiler and double-glazed windows throughout (where specified), this bungalow holds promise for investors or homeowners looking to create their ideal living space through thoughtful renovation. This property is leasehold with an annual ground rent fee and offers full fibre broadband connectivity in the vicinity—an appealing feature for modern living. Given its prime location and renovation potential, this bungalow represents both immediate comfort and long-term investment opportunity in an increasingly desirable area.

Investment Analysis

(FY8 area)
Area Average
£253/sq ft
Avg Rent (weekly)
£200
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Mythop Road, Lytham
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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
£1,191
Based on a loan of £243,750 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