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Hermitage Way, Lytham St. Annes, FY8

North West

£315,000
Listed on 16/03/2026

Property Details

Bedrooms
4
Type
Detached

Description

This property presents a promising opportunity for those looking to invest in a spacious family home with great renovation potential. The ground floor layout is practical, featuring a welcoming entrance hall that leads to essential rooms including a dedicated study, a comfortable lounge with a classic fireplace, and an adjoining dining room that flows into a bright conservatory overlooking the rear garden. The kitchen boasts a variety of storage solutions and connects to a utility room that provides both functionality and access to the outside space. On the first floor, you'll find four generously sized bedrooms, including a principal suite complete with an ensuite shower room. A family bathroom serves the other bedrooms, enhancing the accommodation's appeal for families. Outside, the property features a well-maintained front garden and an inviting rear garden that combines lawn and decking areas - perfect for outdoor relaxation or entertaining. The integrated garage offers secure parking and additional storage options. This home requires modernisation throughout, making it an ideal project for investors seeking to add value through renovations.

Investment Analysis

(FY8 area)
Area Average
£257/sq ft
Avg Rent (weekly)
£196
Avg Yield
3.3%

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
62
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (FY8)

Area prices are stable by +1.1% over the last 12 months
3 year growth: +6.4%
5 year growth: +13.5%
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

Hermitage Way, Lytham St. Annes, FY8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,136
Based on a loan of £236,250 over 30 years at 4.06% 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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