The problem here is LOW Return temperature, not runaway Flow temperature. At the various flow rates involved, the contribution of the bypass to the temperature of the Return is minimal.
You may think of a bypass doing that because thats why they are usually installed.
However, your problem is a too low return temperature. Lets not call it a bypass if that bothers you. Just call it a return temperature enhancer or anything else.
The function is to present the boiler with what it expects, a return which quickly heats up as it would find in a typical10 rad house and so enables the flow temperature to rise quickly to what the system expects to see.
[ Actually all that needs to be done for heating is to set the nearest rad to take more flow than it should. No new pipework needed ]
Tony