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North West
£199,950
Listed on 05/10/2026
Listed on 05/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This three-bedroom semi-detached dormer bungalow in Heysham offers a solid base for renovation, with considerable potential for improvement. While the property is currently dated, showing signs of wear across multiple rooms, it boasts a well-kept exterior and a spacious layout that could appeal to a variety of buyers. The location is a notable strength, being close to local amenities and schools, making it a desirable area for families.
However, with an asking price of £199,950 translating to £219/sqf—slightly above the local average of £216/sqf—the economics are less compelling. When factoring in the estimated renovation costs, the all-in figure of £259,950 leaves the overall costs stretched against local benchmarks. This makes it crucial for potential buyers to carefully consider their renovation budget before proceeding, as the margin against the local average value is negative. The project scale is medium, and while there are certainly opportunities to enhance the property, buyers should be aware of the financial implications involved in bringing this home up to modern standards.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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
Indicative tax based on the asking price and the options you select.
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