4 Bed Detached House, Planning Permission, Morecambe, LA3 3HU, £475,000

Chapel Lane, Overton, Morecambe, LA3 3HU - 9 months ago

Planning
~129 m²
+18 photos

ValuationOvervalued

Sold Prices£165K - £670K
Sold Prices/m²£786/m² - £3.9K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.7K/m²

Value Estimate

£325,073

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£26,700

Total Cash In

£145,450

 

 

Cash Out

 

Rent Range

£465 - £1,300

Rent Estimate

£583

Running Costs/mo

£1,621

Cashflow/mo

£-1,038

Cashflow/yr

£-12,456

Gross Yield

1%

Local Sold Prices

51 sold prices from £165K to £670K, average is £312.5K. £786/m² to £3.9K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£325K12/220 mi32, Chapel Lane, Overton, Morecambe, Lancashire LA3 3HU4
£240K02/230.04 mi8, Church Park, Overton, Morecambe, Lancashire LA3 3RA4
£337K06/210.28 mi14, Bazil Lane, Overton, Morecambe, Lancashire LA3 3JB4
£267.5K02/212.01 mi12, Tern Grove, Heysham, Morecambe, Lancashire LA3 2WH4
£175K06/212.11 mi27, Robin Crescent, Heysham, Morecambe, Lancashire LA3 2WG4
£237K11/202.13 mi20, Nightingale Close, Heysham, Morecambe, Lancashire LA3 2FW4
£275K09/212.13 mi3, Saxon Heights, Heysham, Morecambe, Lancashire LA3 2TY4
£485K03/212.16 mi4, Craiglands Court, Aldcliffe, Lancaster, Lancashire LA1 5AU4
£210K02/212.17 mi9, Goldcrest Close, Heysham, Morecambe, Lancashire LA3 2GS4
£267.5K11/202.25 mi10, Thistle Break, Heysham, Morecambe, Lancashire LA3 2FJ4
£195K09/212.26 mi39, Brambling Drive, Heysham, Morecambe, Lancashire LA3 2LH4
£255K04/212.26 mi45, Brambling Drive, Heysham, Morecambe, Lancashire LA3 2LH4
£274K10/212.37 mi12, Hurstleigh Drive, Heysham, Morecambe, Lancashire LA3 2HY4
£187.5K11/202.37 mi5, Edgcott Close, Heysham, Morecambe, Lancashire LA3 2HX4
£252.5K12/222.37 mi9, Edgcott Close, Heysham, Morecambe, Lancashire LA3 2HX4
£185.5K12/202.42 mi17, Chedworth Avenue, Heysham, Morecambe, Lancashire LA3 2HL4
£319.9K10/212.45 mi15, Heysham Hall Drive, Heysham, Morecambe, Lancashire LA3 2QX4
£339.9K09/222.5 mi23, Heysham Park, Heysham, Morecambe, Lancashire LA3 2UD4
£580.1K11/222.51 mi21, Lindbergh Avenue, Lancaster, Lancashire LA1 5FR4
£635K07/232.51 mi12, Lindbergh Avenue, Lancaster, Lancashire LA1 5FR4
£307.5K05/212.52 mi24, Glen View Crescent, Heysham, Morecambe, Lancashire LA3 2QW4
£610K02/212.54 miHluhluwe, Haverbreaks Road, Lancaster, Lancashire LA1 5BJ4
£312.5K02/212.54 mi250, Willow Lane, Lancaster, Lancashire LA1 5UA4
£325K06/212.58 mi1, Greythwaite Court, Lancaster, Lancashire LA1 5UD4
£285K03/212.59 mi27, Coolidge Avenue, Lancaster, Lancashire LA1 5ER4
£399.9K10/222.64 mi107, Westbourne Road, Lancaster, Lancashire LA1 5JX4
£410K04/212.64 mi5, Oakwood Gardens, Lancaster, Lancashire LA1 4PF4
£465K08/222.64 mi8, Oakwood Gardens, Lancaster, Lancashire LA1 4PF4
£490K06/212.66 mi14, Longlands Lane, Heysham, Morecambe, Lancashire LA3 2NS4
£308K06/212.66 mi19, Longlands Lane, Heysham, Morecambe, Lancashire LA3 2NR4
£385K07/232.66 mi2, Coolidge Avenue, Lancaster, Lancashire LA1 5EH4
£268K05/212.66 mi2, Kintyre Way, Heysham, Morecambe, Lancashire LA3 2YF4
£190K10/212.69 mi17, Threshfield Avenue, Heysham, Morecambe, Lancashire LA3 2DU4
£450K12/202.69 mi3, Beechwood Gardens, Lancaster, Lancashire LA1 4PH4
£220K10/222.69 mi10, Carr Lane, Heysham, Morecambe, Lancashire LA3 2RL4
£268.5K11/202.69 mi40, Spruce Avenue, Lancaster, Lancashire LA1 5LB4
£385K02/232.69 mi11, Spruce Avenue, Lancaster, Lancashire LA1 5LB4
£670K10/222.69 mi1, Millar Court, Lancaster, Lancashire LA1 5XB4
£390K09/232.7 mi25, Roosevelt Avenue, Lancaster, Lancashire LA1 5EJ4
£333K12/202.71 mi95, Westbourne Road, Lancaster, Lancashire LA1 5JY4
£165K03/212.72 mi17, Shaftesbury Place, Lancaster, Lancashire LA1 4PZ4
£495K12/202.72 mi4, Cartwright Court, Lancaster, Lancashire LA1 5XA4
£395K07/212.72 mi12, Elmwood Gardens, Lancaster, Lancashire LA1 4PG4
£410K06/212.73 mi7, Maplewood Gardens, Lancaster, Lancashire LA1 4PE4
£360K04/212.75 mi5, The Hawthorns, Lancaster, Lancashire LA1 4PJ4
£402K03/232.76 mi37, Hall Park, Lancaster, Lancashire LA1 4SH4
£581.3K06/232.76 mi20, Hall Park, Lancaster, Lancashire LA1 4SH4
£260K07/232.77 mi6, Eardley Road, Heysham, Morecambe, Lancashire LA3 2PH4
£260K07/232.77 mi6, Eardley Road, Heysham, Morecambe, Lancashire LA3 2PH4
£180K01/212.77 mi10, Burnsall Avenue, Heysham, Morecambe, Lancashire LA3 2DT4
£182K02/212.79 mi18, Woborrow Road, Heysham, Morecambe, Lancashire LA3 2PN4

Local Rents

24 rents from £465/mo to £1.3K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£62507/240.14 miMain Street, Overton, LA32
£1,20005/241.15 miCarr Lane, Middleton, Morecambe3
£1,30004/241.21 miMiddleton Road, Middleton3
£79508/241.57 miBadger Wood, Middleton2
£95008/242.07 miMossgate Park, Heysham, Morecambe3
£85004/242.08 miDunlin Avenue, Heysham, Morecambe3
£1,30004/242.09 miKingfisher Drive, Heysham, Morecambe4
£79508/242.11 miRobin Crescent, Windermere Park, Heysham3
£69505/242.15 miTurnstone Court, Greenfinch Way, Heysham, Morecambe2
£65007/242.21 miSkylark Close, Heysham, Morecambe2
£67507/242.21 miSkylark Close, Heysham, Morecambe2
£90010/242.21 mi-3
£65008/242.28 miBrambling Drive, Heysham, LA32
£82505/242.28 mi26 Laureston Avenue, Heysham, Morecambe, LA3 2LU2
£79505/242.33 miMcdonald Road, Heysham2
£46512/242.34 mi-1
£46503/252.34 mi-1
£60004/242.35 miPennington Court2
£1,10005/242.4 miDelamere Avenue, Heysham5
£77504/242.41 miDelamere Avenue, Heysham, Morecambe3
£77506/242.41 miDelamere Avenue, Heysham, Morecambe3
£67504/242.43 mi16 Middleton Road, Heysham, LA32
£80004/242.43 miFellside View, Heysham, Morecambe2
£87504/242.45 miEastlands, Heysham, Morecambe, Lancashire3

Local Area Statistics

Population in LA3

24,587

Population in Morecambe

50,836

Town centre distance

3.72 miles away

Nearest school

0.20 miles away

Nearest train station

2.59 miles away

 

 

Rental growth (12m)

-2%

Sales demand

Buyer's market

Capital growth (5yrs)

+31%

Property History

Listed for £475,000

August 13, 2024

Floor Plans

Description

  • VIRTUAL VIEWING AVAILABLE. CLICK ON THE VIDEO TOUR ABOVE +
  • Four Bedroom Detached Family Property With Drive & Garage +
  • Lounge, Dining Room, Kitchen, Plus Surrounding Gardens +
  • Four Good Size Bedrooms, Bathroom And Wetroom +
  • Sought After Village Location, Close To Amenities +

We are pleased to present to the market this stunning, spacious, beautifully appointed detached family home providing luxury living and is certainly a credit to the current owners, fitted with excellent specification and quality.

Internally, the accommodation comprises a light and airy entrance hallway, through lounge, dining room, snug and fitted family kitchen.

To the first floor are four spacious bedrooms with a wet room and a family bathroom.

The property is set on a substantial plot with a well maintained gardens, driveway and garage. There is an attached and detached stone built outbuilding providing useful storage or offering the potential to expand the current living area, subject to any relevant planning permission. There is also a good size, boarded loft space.

This superb four bedroom detached home provides ample living space, privacy and is positioned on a lovely plot, in a popular village location. Viewings are highly recommended.

Council Tax Information: Band D

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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