5 Bed Terraced House, Single Let, Morecambe, LA3 1SL, £210,000

199 Westminster Road, Morecambe, Lancashire, LA3 1SL - 2 views - 10 months ago

BTL
131 m²
+10 photos

ValuationOvervalued

Sold Prices£81.5K - £670K
Sold Prices/m²£685/m² - £2.5K/m²

 

 

Square Metres

131 m²
Price/m²£1.6K/m²

Value Estimate

£163,750

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£7,500

Total Cash In

£60,000

 

 

Cash Out

 

Rent Range

£750 - £1,550

Rent Estimate

£750

Running Costs/mo

£826

Cashflow/mo

£-76

Cashflow/yr

£-915

Gross Yield

4%

Local Sold Prices

20 sold prices from £81.5K to £670K, average is £225K. £685/m² to £2.5K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£98K10/210.08 mi153, Westminster Road, Morecambe, Lancashire LA3 1SJ5
£158K06/230.08 mi125, Westminster Road, Morecambe, Lancashire LA3 1SJ5
£237.5K06/230.09 mi127, Chatsworth Road, Morecambe, Lancashire LA3 1BL5
£115K03/210.09 mi68, Sefton Road, Heysham, Morecambe, Lancashire LA3 1UB5
£205K01/230.15 mi121, Westminster Road, Morecambe, Lancashire LA3 1SG5
£431K05/230.16 mi29, Marine Road West, Morecambe, Lancashire LA3 1BY5
£172K07/210.16 mi73, Clarendon Road West, Morecambe, Lancashire LA3 1QY5
£255K11/200.23 mi33, Sandylands Promenade, Heysham, Morecambe, Lancashire LA3 1DN5
£420K01/230.34 mi45, St Johns Road, Heysham, Morecambe, Lancashire LA3 1EX5
£88K11/200.35 mi18, Westminster Road, Morecambe, Lancashire LA4 4JB5
£235K06/210.38 mi6, Highfield Crescent, Morecambe, Lancashire LA4 4DH5
£270K05/210.39 mi17, Albany Road, Morecambe, Lancashire LA4 4JY5
£175K12/200.42 mi29, Norton Road, Heysham, Morecambe, Lancashire LA3 1HA5
£215K04/230.47 mi215, Heysham Road, Heysham, Morecambe, Lancashire LA3 1NN5
£340K01/230.54 mi81, Norton Road, Heysham, Morecambe, Lancashire LA3 1PG5
£174.5K11/200.54 mi2, Drewton Avenue, Heysham, Morecambe, Lancashire LA3 1NU5
£580K03/210.69 mi274, Heysham Road, Heysham, Morecambe, Lancashire LA3 1PZ5
£670K09/220.72 mi4, The Cliffs, Heysham, Morecambe, Lancashire LA3 1NY5
£81.5K11/210.91 mi202, Euston Grove, Morecambe, Lancashire LA4 5LJ5
£250K08/210.94 mi30, Cathedral Drive, Heaton With Oxcliffe, Morecambe, Lancashire LA3 3RE5

Local Rents

21 rents from £750/mo to £1.6K/mo, average is £899/mo.

RentDateDistanceAddressBeds 
£75012/230.08 mi-3
£89505/240.18 miHampton Road, Heysham3
£82507/240.21 miHampton Road, Heysham, Morecambe4
£95005/240.22 miClarendon Road, Morecambe3
£95008/240.23 miChatsworth Road, Morecambe, Lancashire, LA43
£77507/240.24 miBalmoral Road, Morecambe, Lancashire, LA43
£89908/240.25 miAlbert Road, Morecambe, Lancashire, LA43
£89908/240.25 miAlbert Road, Morecambe, Lancashire, LA43
£95004/240.26 miCumberland View Road, Heysham, Morecambe3
£95008/240.26 miChatsworth Road, Morecambe, Lancashire, LA43
£95008/240.26 miChatsworth Road, Morecambe, Lancashire, LA43
£99505/240.28 miWest End4
£75005/240.28 miWest End, Morecambe, LA43
£75005/240.28 miWest End, Morecambe, LA43
£1,25012/230.3 mi-4
£1,55003/240.34 mi-8
£1,20006/240.34 mi-8
£1,25007/240.35 miWestminster Road, Morecambe5
£85004/240.53 miWoodlands Drive, Heysham, Morecambe3
£80004/240.59 miHawksworth Grove, Heysham4
£75002/240.61 mi-3

Local Area Statistics

Population in LA3

24,587

Population in Morecambe

50,836

Town centre distance

1.01 miles away

Nearest school

0.10 miles away

Nearest train station

0.71 miles away

 

 

Rental growth (12m)

-2%

Sales demand

Buyer's market

Capital growth (5yrs)

+31%

Property History

Listed for £210,000

June 21, 2024

Sold for £105,000

2018

Sold for £44,000

2014

Sold for £17,000

2001

Sold for £17,000

1999

Floor Plans

Description

  • VIRTUAL VIEWING AVAILABLE. CLICK ON THE VIDEO TOUR ABOVE +
  • Five Bedroom Mid Terrace Property In Morecambe +
  • Lounge, Dining Room, Kitchen, Plus Rear Garden +
  • Five Good Size Bedrooms, Shower Room, WC +
  • Great Location, Close to Local Amenities And Transport Links +

We are pleased to offer for sale a five bedroom mid terraced house located in a popular residential location of Morecambe.

The property comprises; two reception rooms, modern spacious kitchen with access to the rear yard. There are five good size bedrooms split over two floors and a large family shower room.

The property benefits from gas central heating and double glazing. There is a good size yard and on street parking.

Council Tax Information: Band B

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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