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Cyprus Road, Heysham, Morecambe - Image 1
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Cyprus Road, Heysham, Morecambe

North West

£235,000
Listed on 18/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
807 sqft

Description

This two-bedroom detached bungalow presents an excellent opportunity for those looking to invest in a property with significant renovation potential. Positioned to take advantage of lovely views over Half Moon Bay, the home is situated on a generous plot that includes gardens at the front and side, offering ample outdoor space. While the interior requires refurbishment, it features a spacious layout with rooms that can be tailored to suit individual preferences. The lounge and dining room both benefit from UPVC double-glazed windows, providing natural light and picturesque views of the surrounding area. The kitchen includes fitted wall and base units with space for essential appliances, along with access to the exterior. The two bedrooms are generously sized; each has windows that not only enhance ventilation but also draw in sunlight. Additional amenities include gas central heating throughout, ensuring comfort year-round, as well as a shower room equipped with necessary fixtures. Externally, the property boasts a large driveway and garage, delivering practical parking solutions and extra storage options. The expansive plot provides considerable scope for development or extension (subject to obtaining appropriate planning permissions), making this an ideal prospect for those keen on turning the bungalow into their dream home. Located in a highly desirable area, this property is also offered without onward chain complications, streamlining the purchasing process. With its combination of location, size, and investment potential, this bungalow is ready for its next chapter.

Investment Analysis

(LA3 area)

Above Market Value

This property is priced +35.6% above area average per sq ft

+35.6%
This Property
£291/sq ft
Area Average
£215/sq ft
Avg Rent (weekly)
£192
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£190,678
10% above area average per sq ft
Potential ROI
-30.7%
After renovation
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

Cyprus Road, 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
£861
Based on a loan of £176,250 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