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Marine Drive, Hest Bank, Lancaster

North West

£275,000
Listed on 14/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This spacious two-bedroom detached bungalow presents a unique opportunity for renovation and investment, particularly given that planning permission has already been granted for significant development. The approved plans include the construction of an upward extension to create first-floor accommodations, potentially increasing the property to four bedrooms with an en-suite and bathroom. Additionally, there is the scope for single-storey side and rear extensions, alongside modifications to improve access and parking. Located along a sought-after coastal route that connects Morecambe and Bolton-le-Sands, this property enjoys proximity to charming villages, primary schools, scenic canal pathways, and beautiful sea shore walks. The area is well-served by public transport links, including buses to Carnforth and easy access to the M6 motorway—making it convenient for commuting or exploring the local landscape. Internally, the layout currently features a welcoming front entrance leading into a spacious vestibule and hallway. The large bay-fronted lounge benefits from natural light streaming through its uPVC double-glazed windows which offer partial sea views. The kitchen diner is equipped with ample storage and workspace, including modern appliances such as a 'Stoves' double oven and 'Bosch' gas hob. Two generously sized double bedrooms provide comfortable living spaces, while a shower room offers essential amenities. The exterior of the property includes low-maintenance gardens surrounding the home and a concrete driveway leading to a carport that can accommodate multiple vehicles. A detached garage accessed from the rear lane adds further utility. Although some modernization may be required, this property holds vast potential for buyers looking to invest in a prestigious location with promising development possibilities. With no upward chain in place, it’s an ideal opportunity for both owners looking to make their mark or investors seeking a project in this desirable area. Viewing is highly encouraged to fully appreciate what this bungalow has to offer.

Investment Analysis

(LA2 area)
Area Average
£275/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (LA2)

Area prices are rising by +6.1% over the last 12 months
3 year growth: 13.0%
5 year growth: 11.2%
Investment Disclaimer: Analysis based on LA2 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

Marine Drive, Hest Bank, Lancaster
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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
£1,007
Based on a loan of £206,250 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