3 Bed Terraced House, Single Let, Morecambe, LA3 1RU, £110,000

17 Brunswick Road, Morecambe, Lancashire, LA3 1RU - 3 views - 2 years ago

BTL
ROI: 7%
103 m²
+11 photos

ValuationUndervalued

Sold Prices£70K - £295K
Sold Prices/m²£925/m² - £2.5K/m²

 

 

Square Metres

103 m²
Price/m²£1.1K/m²

Value Estimate

£144,870
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,799

Total Cash In

£32,299

 

 

Cash Out

 

Rent Range

£750 - £950

Rent Estimate

£750

Running Costs/mo

£514

Cashflow/mo

£236

Cashflow/yr

£2,835

ROI

9%

Gross Yield

8%

Local Sold Prices

51 sold prices from £70K to £295K, average is £132K. £925/m² to £2.5K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£119K10/210.03 mi9, Cambridge Road, Morecambe, Lancashire LA3 1RY3
£70K12/200.04 mi23, Gardner Road, Heysham, Morecambe, Lancashire LA3 1RX3
£84K06/210.1 mi55a, Yorkshire Street, Morecambe, Lancashire LA3 1QF3
£160K03/230.1 mi21, Byron Road, Heysham, Morecambe, Lancashire LA3 1UH3
£113K03/230.1 mi52, Brunswick Road, Heysham, Morecambe, Lancashire LA3 1UG3
£106K12/200.14 mi30, Avondale Road, Heysham, Morecambe, Lancashire LA3 1SR3
£135K05/230.14 mi22, Avondale Road, Heysham, Morecambe, Lancashire LA3 1SR3
£112K11/200.15 mi34, Stanley Road, Heysham, Morecambe, Lancashire LA3 1UR3
£130K06/210.15 mi58, Stanley Road, Heysham, Morecambe, Lancashire LA3 1UR3
£134K04/230.15 mi54, Stanley Road, Heysham, Morecambe, Lancashire LA3 1UR3
£154.4K04/210.16 mi12, Barnes Road, Heysham, Morecambe, Lancashire LA3 1UW3
£175K03/230.16 mi26, Mears Beck Close, Heysham, Morecambe, Lancashire LA3 1UX3
£122.5K06/210.17 mi28, Harrington Road, Heysham, Morecambe, Lancashire LA3 1EN3
£128K05/230.18 mi46, Hampton Road, Heysham, Morecambe, Lancashire LA3 1EL3
£97.5K11/200.19 mi28, Granville Road, Heysham, Morecambe, Lancashire LA3 1EB3
£103K04/210.19 mi52, Granville Road, Heysham, Morecambe, Lancashire LA3 1EB3
£130K10/220.19 mi52, Granville Road, Heysham, Morecambe, Lancashire LA3 1EB3
£160K08/210.22 mi145, Balmoral Road, Morecambe, Lancashire LA3 1HN3
£128.5K04/210.23 mi7, Hampton Road, Heysham, Morecambe, Lancashire LA3 1EJ3
£129K02/210.24 mi42, Kings Crescent, Heysham, Morecambe, Lancashire LA3 1HX3
£250K10/220.25 mi152, Balmoral Road, Morecambe, Lancashire LA3 1HW3
£127K04/210.25 mi4, Cumberland View Close, Heysham, Morecambe, Lancashire LA3 1HG3
£112.5K02/210.25 mi56, Granville Road, Heysham, Morecambe, Lancashire LA3 1ED3
£122.5K07/210.25 mi58, Granville Road, Heysham, Morecambe, Lancashire LA3 1ED3
£128.5K06/230.25 mi58, Granville Road, Heysham, Morecambe, Lancashire LA3 1ED3
£128.5K06/230.25 mi58, Granville Road, Heysham, Morecambe, Lancashire LA3 1ED3
£140K01/210.26 mi4, Clevelands Avenue, Morecambe, Lancashire LA3 1SX3
£110K07/210.26 mi3, Balmoral Avenue, Heysham, Morecambe, Lancashire LA3 1JU3
£165K01/210.28 mi20, Clevelands Grove, Morecambe, Lancashire LA3 1SY3
£165K01/230.28 mi24, Limes Avenue, Heysham, Morecambe, Lancashire LA3 1HS3
£95K12/200.28 mi33, Limes Avenue, Heysham, Morecambe, Lancashire LA3 1HS3
£95K10/210.29 mi1, Myrtle Grove, Heysham, Morecambe, Lancashire LA3 1HT3
£138K02/230.29 mi1, Myrtle Grove, Heysham, Morecambe, Lancashire LA3 1HT3
£149.9K12/220.29 mi7, Lake Road, Morecambe, Lancashire LA3 1AS3
£170K12/200.29 mi67, Fairfield Road, Heysham, Morecambe, Lancashire LA3 1ES3
£167K01/230.31 mi44, Maple Avenue, Heysham, Morecambe, Lancashire LA3 1HZ3
£125K04/210.31 mi34, Maple Avenue, Heysham, Morecambe, Lancashire LA3 1HZ3
£125K01/230.31 mi26, Chatsworth Road, Morecambe, Lancashire LA4 4JQ3
£143K10/210.32 mi42, Harewood Avenue, Heysham, Morecambe, Lancashire LA3 1JQ3
£147K03/210.34 mi82, Balmoral Road, Morecambe, Lancashire LA4 4JR3
£221K03/230.34 mi86, Balmoral Road, Morecambe, Lancashire LA4 4JR3
£133K06/210.34 mi41, Harewood Avenue, Heysham, Morecambe, Lancashire LA3 1JH3
£150K10/210.34 mi102, Albert Road, Morecambe, Lancashire LA4 4QT3
£169.9K12/220.35 mi8, Osborne Crescent, Morecambe, Lancashire LA3 1SZ3
£144.9K02/210.35 mi4, Windsor Road, Morecambe, Lancashire LA3 1AH3
£132K09/210.37 mi12, Ellesmere Road, Morecambe, Lancashire LA4 4JL3
£295K11/210.37 mi8, St Johns Grove, Heysham, Morecambe, Lancashire LA3 1ET3
£202K12/220.37 mi12, Ellesmere Road, Morecambe, Lancashire LA4 4JL3
£160K03/210.38 mi3, Regent Park Avenue, Morecambe, Lancashire LA4 4QW3
£136K12/210.38 mi5, Regent Park Avenue, Morecambe, Lancashire LA4 4QW3
£120K03/210.38 mi52, Lordsome Road, Heysham, Morecambe, Lancashire LA3 1JB3

Local Rents

13 rents from £750/mo to £950/mo, average is £899/mo.

RentDateDistanceAddressBeds 
£75012/230.1 mi-3
£89505/240.18 miHampton Road, Heysham3
£95005/240.23 miClarendon Road, Morecambe3
£95004/240.23 miCumberland View Road, Heysham, Morecambe3
£95008/240.27 miChatsworth Road, Morecambe, Lancashire, LA43
£89908/240.28 miAlbert Road, Morecambe, Lancashire, LA43
£89908/240.28 miAlbert Road, Morecambe, Lancashire, LA43
£77507/240.28 miBalmoral Road, Morecambe, Lancashire, LA43
£95008/240.29 miChatsworth Road, Morecambe, Lancashire, LA43
£95008/240.29 miChatsworth Road, Morecambe, Lancashire, LA43
£75005/240.32 miWest End, Morecambe, LA43
£75005/240.32 miWest End, Morecambe, LA43
£85004/240.59 miWoodlands Drive, Heysham, Morecambe3

Local Area Statistics

Population in LA3

24,587

Population in Morecambe

50,836

Town centre distance

1.06 miles away

Nearest school

0.20 miles away

Nearest train station

0.72 miles away

 

 

Rental growth (12m)

-2%

Sales demand

Buyer's market

Capital growth (5yrs)

+31%

Property History

Price changed to £110,000

February 20, 2025

Listed for £119,950

August 9, 2023

Sold for £75,000

2004

Floor Plans

Description

  • VIRTUAL VIEWING AVAILABLE. CLICK ON THE VIDEO TOUR ABOVE +
  • Three Bedroom Mid Terrace - Open Plan Lounge And Dining Room +
  • Requires Works Of Improvement +
  • Great Location Close To Promenade And Nearby Amenities +
  • Ideal Investor Purchase - No Upward Chain +

Farrell Heyworth are delighted to bring to the market this three bedroom mid terraced house, located in a popular area of Heysham.

The property is comprised over three levels, to the ground floor you will find two reception rooms and a kitchen with door leading to the walled rear yard, it also has a cellar. To the first floor are two bedrooms and a family bathroom. The loft has been converted to provide a spacious third bedroom.

Council Tax Information: Band A

Agent Note
In order to be able to purchase a property in the UK all agents have a legal requirement to conduct identity checks on all customers involved in the transaction to fulfil their obligations under anti money laundering regulations. Farrell Heyworth outsource this check to a third party and a charge will apply. Please ask the branch for further details.

Agent Details

Farrell Heyworth, Morecambe

01524 967273

Next Steps?

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