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Rydal Grove, Heysham, Morecambe - Image 1
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Rydal Grove, Heysham, Morecambe

North West

£199,950
Listed on 01/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom mid-terrace home presents a distinctive opportunity situated along the seafront in the Heysham area of Morecambe. Its location along the promenade offers enviable views and access to one of the UK's most picturesque sunset vistas. Inside, the property features a reception and dining area that boasts an open-plan layout, complemented by a kitchen and a sunroom that invites natural light. Additionally, a cellar provides ample space for storage, enhancing the property's functionality. The first floor includes three bedrooms, with one bedroom providing access to a small balcony. The master bedroom is equipped with fitted wardrobes, while a family shower room serves this level. Externally, the property includes a walled and gated yard at the rear, which features a patio perfect for outdoor relaxation. There is also an adjacent garden space that enhances the overall outdoor appeal without compromising privacy, as neighboring plots remain unfenced—creating an illusion of expansive grounds. While this home requires renovation and modernization throughout, it stands as an excellent investment opportunity in a sought-after coastal location. Its potential is notable for those looking to create a personal sanctuary or capitalize on future value improvements. The surrounding area offers convenient access to coastal amenities and recreational opportunities along the seafront, making it an attractive proposition for both homeowners and investors alike.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Rydal Grove, 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
£732
Based on a loan of £149,962 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