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Walker Grove, Heysham | A Home with Potential

North West

£350,000

Listed on 28/09/2026

The listing

Property details

Bedrooms
3
Type
Detached
Area
1485 sqft

Description

Nestled in the established residential area of Walker Grove, this substantial three-bedroom detached house offers a unique opportunity for those looking to invest in a property with significant potential for modernisation. The location is ideal, with independent shops and amenities just a short stroll away, while the scenic seafront and its stunning views across Morecambe Bay are also within easy reach. The street boasts a settled atmosphere, characterized by mature gardens and traditional homes, making it particularly appealing for families and long-term buyers. Upon entering, you are welcomed by an impressive hallway adorned with dark wood panelling and tiled flooring, setting a grand tone for the rest of the home. The dual-aspect living room is exceptionally spacious, featuring a charming fireplace and access to a conservatory that overlooks the garden, creating a bright and inviting space. A separate dining room provides a comfortable area for family meals and entertaining, while the kitchen at the rear offers the opportunity to be redesigned to suit modern living needs. Upstairs, the principal bedroom is generously proportioned, boasting fitted wardrobes and dual aspect windows that provide lovely views towards Lancaster. Two additional well-sized bedrooms ensure ample space for family or guests. The tiled wet room and convenient storage options enhance the practicality of this home. Externally, the property features a gated block-paved driveway with parking for two vehicles, alongside a detached garage and garden shed. The tiered rear garden, although in need of some attention, presents an excellent opportunity to create a private outdoor retreat. Overall, this home combines generous living spaces with considerable scope for improvement, making it an exciting prospect for renovation.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

39out of 100
Grade ELow opportunity

Confidence: MEDIUM

The opportunity at 2 Walker Grove is characterized by its generous room sizes and substantial three-bedroom layout, offering considerable scope for modernisation. While the asking price of £350,000 translates to £236/sqf, which is slightly above the local average of £216/sqf, this property presents a canvas for someone looking to create value through renovation. The listed renovation range of £40,000 to £80,000 will allow you to reimagine the dated interiors, including the living room, kitchen, and bathroom, and enhance the overall appeal of this spacious home.

However, it's important to note that the all-in cost, combining the purchase and renovation estimate, is stretched compared to local benchmarks for this floor area, leading to limited economics. This aspect could impact your investment margin, as the total outlay may not align with the local average value. Therefore, while the home offers a solid foundation for a project, potential buyers should carefully consider the financial implications of the renovation plans before proceeding.

Key opportunities

  • Generous room sizes allowing for flexible redesign
  • Substantial scope for modernisation to enhance property value
  • Potential to create a unique family home in a desirable location

Key risks

  • All-in renovation costs may exceed local average values, impacting potential returns

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Location

Walker Grove, Heysham | A Home with Potential
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,322
Based on a loan of £262,500 over 30 years at 4.45% 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.

Tax

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Indicative tax based on the asking price and the options you select.

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