3 Bed Terraced House, Single Let, Morecambe, LA3 1SR, £139,950

29 Avondale Road, Morecambe, Lancashire, LA3 1SR - 3 views - 7 months ago

BTL
ROI: 4%
93 m²
+7 photos

ValuationOvervalued

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

 

 

Square Metres

93 m²
Price/m²£1.5K/m²

Value Estimate

£130,805

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£34,988

Stamp Duty & Legal Fees

£5,399

Total Cash In

£40,386

 

 

Cash Out

 

Rent Range

£750 - £950

Rent Estimate

£750

Running Costs/mo

£607

Cashflow/mo

£143

Cashflow/yr

£1,712

ROI

4%

Gross Yield

6%

Local Sold Prices

51 sold prices from £70K to £295K, average is £130.2K. £925/m² to £2.5K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£154.4K04/210.02 mi12, Barnes Road, Heysham, Morecambe, Lancashire LA3 1UW3
£106K12/200.06 mi30, Avondale Road, Heysham, Morecambe, Lancashire LA3 1SR3
£135K05/230.06 mi22, Avondale Road, Heysham, Morecambe, Lancashire LA3 1SR3
£129K02/210.08 mi42, Kings Crescent, Heysham, Morecambe, Lancashire LA3 1HX3
£160K08/210.09 mi145, Balmoral Road, Morecambe, Lancashire LA3 1HN3
£250K10/220.11 mi152, Balmoral Road, Morecambe, Lancashire LA3 1HW3
£95K10/210.12 mi1, Myrtle Grove, Heysham, Morecambe, Lancashire LA3 1HT3
£138K02/230.12 mi1, Myrtle Grove, Heysham, Morecambe, Lancashire LA3 1HT3
£165K01/230.12 mi24, Limes Avenue, Heysham, Morecambe, Lancashire LA3 1HS3
£95K12/200.12 mi33, Limes Avenue, Heysham, Morecambe, Lancashire LA3 1HS3
£128.5K04/210.12 mi7, Hampton Road, Heysham, Morecambe, Lancashire LA3 1EJ3
£140K01/210.12 mi4, Clevelands Avenue, Morecambe, Lancashire LA3 1SX3
£160K03/230.12 mi21, Byron Road, Heysham, Morecambe, Lancashire LA3 1UH3
£70K12/200.13 mi23, Gardner Road, Heysham, Morecambe, Lancashire LA3 1RX3
£112K11/200.13 mi34, Stanley Road, Heysham, Morecambe, Lancashire LA3 1UR3
£130K06/210.13 mi58, Stanley Road, Heysham, Morecambe, Lancashire LA3 1UR3
£134K04/230.13 mi54, Stanley Road, Heysham, Morecambe, Lancashire LA3 1UR3
£167K01/230.14 mi44, Maple Avenue, Heysham, Morecambe, Lancashire LA3 1HZ3
£125K04/210.14 mi34, Maple Avenue, Heysham, Morecambe, Lancashire LA3 1HZ3
£119K10/210.15 mi9, Cambridge Road, Morecambe, Lancashire LA3 1RY3
£122.5K06/210.15 mi28, Harrington Road, Heysham, Morecambe, Lancashire LA3 1EN3
£165K01/210.15 mi20, Clevelands Grove, Morecambe, Lancashire LA3 1SY3
£128K05/230.15 mi46, Hampton Road, Heysham, Morecambe, Lancashire LA3 1EL3
£113K03/230.16 mi52, Brunswick Road, Heysham, Morecambe, Lancashire LA3 1UG3
£110K07/210.17 mi3, Balmoral Avenue, Heysham, Morecambe, Lancashire LA3 1JU3
£143K10/210.18 mi42, Harewood Avenue, Heysham, Morecambe, Lancashire LA3 1JQ3
£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
£133K06/210.2 mi41, Harewood Avenue, Heysham, Morecambe, Lancashire LA3 1JH3
£169.9K12/220.21 mi8, Osborne Crescent, Morecambe, Lancashire LA3 1SZ3
£175K03/230.22 mi26, Mears Beck Close, Heysham, Morecambe, Lancashire LA3 1UX3
£120K03/210.22 mi52, Lordsome Road, Heysham, Morecambe, Lancashire LA3 1JB3
£130.2K06/210.22 mi22, Lordsome Road, Heysham, Morecambe, Lancashire LA3 1JB3
£112.5K02/210.23 mi56, Granville Road, Heysham, Morecambe, Lancashire LA3 1ED3
£122.5K07/210.23 mi58, Granville Road, Heysham, Morecambe, Lancashire LA3 1ED3
£128.5K06/230.23 mi58, Granville Road, Heysham, Morecambe, Lancashire LA3 1ED3
£128.5K06/230.23 mi58, Granville Road, Heysham, Morecambe, Lancashire LA3 1ED3
£170K12/200.23 mi67, Fairfield Road, Heysham, Morecambe, Lancashire LA3 1ES3
£84K06/210.24 mi55a, Yorkshire Street, Morecambe, Lancashire LA3 1QF3
£149.9K12/220.24 mi7, Lake Road, Morecambe, Lancashire LA3 1AS3
£127K04/210.25 mi4, Cumberland View Close, Heysham, Morecambe, Lancashire LA3 1HG3
£215K11/210.25 mi41, Lordsome Road, Heysham, Morecambe, Lancashire LA3 1JE3
£144.9K02/210.27 mi4, Windsor Road, Morecambe, Lancashire LA3 1AH3
£295K11/210.27 mi8, St Johns Grove, Heysham, Morecambe, Lancashire LA3 1ET3
£160K03/230.28 mi39, Brook Road, Morecambe, Lancashire LA3 1AZ3
£150K10/210.34 mi102, Albert Road, Morecambe, Lancashire LA4 4QT3
£125K01/230.35 mi26, Chatsworth Road, Morecambe, Lancashire LA4 4JQ3
£147K03/210.36 mi82, Balmoral Road, Morecambe, Lancashire LA4 4JR3
£221K03/230.36 mi86, Balmoral Road, Morecambe, Lancashire LA4 4JR3
£142K10/210.37 mi13, Lake Avenue, Morecambe, Lancashire LA4 4LJ3

Local Rents

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

RentDateDistanceAddressBeds 
£89505/240.15 miHampton Road, Heysham3
£75012/230.17 mi-3
£95004/240.25 miCumberland View Road, Heysham, Morecambe3
£95008/240.29 miChatsworth Road, Morecambe, Lancashire, LA43
£77507/240.29 miBalmoral Road, Morecambe, Lancashire, LA43
£95005/240.3 miClarendon Road, Morecambe3
£89908/240.31 miAlbert Road, Morecambe, Lancashire, LA43
£89908/240.31 miAlbert Road, Morecambe, Lancashire, LA43
£95008/240.33 miChatsworth Road, Morecambe, Lancashire, LA43
£95008/240.33 miChatsworth Road, Morecambe, Lancashire, LA43
£75005/240.33 miWest End, Morecambe, LA43
£75005/240.33 miWest End, Morecambe, LA43
£85004/240.44 miWoodlands Drive, Heysham, Morecambe3

Local Area Statistics

Population in LA3

24,587

Population in Morecambe

50,836

Town centre distance

1.04 miles away

Nearest school

0.10 miles away

Nearest train station

0.78 miles away

 

 

Rental growth (12m)

-2%

Sales demand

Buyer's market

Capital growth (5yrs)

+31%

Property History

Listed for £139,950

September 5, 2024

Sold for £79,500

2006

Floor Plans

Description

  • VIRTUAL VIEWING AVAILABLE. CLICK ON THE VIDEO TOUR ABOVE +
  • Terrace Property In A Popular Area Of Morecambe +
  • Lounge, Dining Room, Fitted Kitchen, Plus Rear Yard +
  • Three Bedrooms, Modern Bathroom. Double Glazed & Central Heated +
  • Great Location, Close to Local Amenities And Transport Links +

We are pleased to present this three bedroom mid terrace home in Morecambe. An ideal first time buy, ready to move into.

The property is well presented and finished to a high standard, it is close to local amenities and public transport links. Recent improvements include replacement carpets, recently replaced shower room and refurbished kitchen.

Internally you will find a spacious lounge, dining room and kitchen. To the first floor are three good sized bedrooms and a stylish modern shower room.

To the rear there is an enclosed yard with a wall surround and gated access.

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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