2 Bed Flat, Single Let, Morecambe, LA3 1HQ, £159,950

MARINE COURT Sandylands Promenade, Morecambe, Lancashire, LA3 1HQ - 7 months ago

Sold STC
Leasehold
BTL
75 m²
+12 photos

ValuationOvervalued

Sold Prices£44K - £250K
Sold Prices/m²£959/m² - £3.1K/m²

 

 

Square Metres

75 m²
Price/m²£2.1K/m²

Value Estimate

£120,294

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£39,988

Stamp Duty & Legal Fees

£5,999

Total Cash In

£45,986

 

 

Cash Out

 

Rent Range

£425 - £899

Rent Estimate

£569

Running Costs/mo

£634

Cashflow/mo

£-65

Cashflow/yr

£-776

Gross Yield

4%

Local Sold Prices

45 sold prices from £44K to £250K, average is £100K. £959/m² to £3.1K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£145K02/230.01 miFlat 33, Marine Court, Sandylands Promenade, Heysham, Morecambe, Lancashire LA3 1HQ2
£120K06/210.26 mi188, Westminster Road, Morecambe, Lancashire LA3 1SN2
£75K03/210.36 mi29, Dalton Road, Heysham, Morecambe, Lancashire LA3 1HD2
£84.5K12/220.36 mi122a, Balmoral Road, Morecambe, Lancashire LA3 1ST2
£93K07/210.37 mi185, Heysham Road, Heysham, Morecambe, Lancashire LA3 1DF2
£182K10/210.39 miApartment 42, Grosvenor Apartments, Sandylands Promenade, Morecambe, Lancashire LA3 1GW2
£50K12/220.39 miFlat 3, Sunacre Court, Maple Avenue, Heysham, Morecambe, Lancashire LA3 1HY2
£120K08/210.4 mi66, Regent Road, Morecambe, Lancashire LA3 1TF2
£58K01/210.4 miFlat 17, Sunacre Court, Maple Avenue, Heysham, Morecambe, Lancashire LA3 1HY2
£77K01/230.45 mi33a, Norton Road, Heysham, Morecambe, Lancashire LA3 1HA2
£70K09/210.47 mi49, Balmoral Road, Morecambe, Lancashire LA4 4JR2
£97.5K12/200.47 mi243a, Heysham Road, Heysham, Morecambe, Lancashire LA3 1NN2
£122K01/210.57 mi8, Westminster Avenue, Morecambe, Lancashire LA4 4DU2
£75.8K06/210.62 mi10a, Westfield Grove, Morecambe, Lancashire LA4 4LQ2
£86K12/200.64 mi8, Balmoral Road, Morecambe, Lancashire LA4 4JN2
£44K05/210.65 mi33, Hawksworth Grove, Heysham, Morecambe, Lancashire LA3 1LU2
£112K03/230.75 mi13, Sandringham Court, Morecambe, Lancashire LA4 4NG2
£127.5K04/230.91 mi25, Essington Avenue, Morecambe, Lancashire LA4 4PA2
£125K08/221.04 mi57, Rylstone Drive, Heysham, Morecambe, Lancashire LA3 2DY2
£125K08/221.05 mi59, Rylstone Drive, Heysham, Morecambe, Lancashire LA3 2DY2
£95K04/211.07 mi54, Hampsfell Drive, Morecambe, Lancashire LA4 4TU2
£75.5K05/211.07 mi78, Hampsfell Drive, Morecambe, Lancashire LA4 4TU2
£84K07/211.08 mi39, Gaisgill Avenue, Morecambe, Lancashire LA4 4UF2
£93K07/211.12 mi87, Hampsfell Drive, Morecambe, Lancashire LA4 4TP2
£87K03/211.17 mi79, Grayrigg Drive, Morecambe, Lancashire LA4 4UL2
£65K08/221.18 mi5, Gilstead Avenue, Heysham, Morecambe, Lancashire LA3 2HP2
£159.9K12/201.21 mi141, Kingsway, Heysham, Morecambe, Lancashire LA3 2EQ2
£125K09/221.24 mi20, Grayrigg Drive, Morecambe, Lancashire LA4 4UJ2
£80K02/211.29 mi3, Longlands Avenue, Heysham, Morecambe, Lancashire LA3 2NU2
£80K02/211.29 mi3a, Longlands Avenue, Heysham, Morecambe, Lancashire LA3 2NU2
£235K11/211.38 mi9, Bailey Lane, Heysham, Morecambe, Lancashire LA3 2PS2
£185K11/201.43 mi6, Hornby Terrace, Morecambe, Lancashire LA4 5QB2
£113K02/231.62 mi26, Brambling Drive, Heysham, Morecambe, Lancashire LA3 2LH2
£100K02/211.62 mi11, Brambling Drive, Morecambe, Lancashire LA3 2LH2
£124K03/231.63 mi212, Lancaster Road, Morecambe, Lancashire LA4 5TL2
£125K01/231.66 mi11, Brambling Drive, Heysham, Morecambe, Lancashire LA3 2LH2
£166K07/211.69 mi4, Glen View Drive, Heysham, Morecambe, Lancashire LA3 2QN2
£108K11/221.7 mi38, Ennerdale Avenue, Morecambe, Lancashire LA4 5UQ2
£112K09/221.8 mi7, Chaffinch Close, Heysham, Morecambe, Lancashire LA3 2GT2
£100K11/211.81 mi14, Nicholson Crescent, Morecambe, Lancashire LA4 6UE2
£109K10/211.83 mi11, Braemar Court, Morecambe, Lancashire LA4 5YB2
£65K07/211.86 mi26, Stuart Avenue, Morecambe, Lancashire LA4 6EB2
£120K10/221.87 mi2, Braemar Court, Morecambe, Lancashire LA4 5YB2
£250K11/201.95 mi7, Sizergh Road, Morecambe, Lancashire LA4 6TL2
£58K12/201.99 mi10, Monkswood Avenue, Morecambe, Lancashire LA4 6TW2

Local Rents

50 rents from £425/mo to £899/mo, average is £687/mo.

RentDateDistanceAddressBeds 
£60011/230.03 mi-2
£65003/250.03 mi-2
£71502/240.03 mi-2
£75002/250.03 mi-2
£72504/240.05 mi28 Sandylands Promenade, Morecambe2
£65007/240.06 miHeysham Road, Heysham2
£67508/240.08 miFlat 3, 20 Sefton Road, Heysham2
£65006/230.08 mi-2
£62507/240.09 miMarine Road West, Morecambe2
£82507/240.1 miBold Street, Morecambe, Lancashire, LA32
£82507/240.1 miBold Street, Morecambe, Lancashire, LA32
£85007/240.1 miBold Street, Morecambe, Lancashire, LA32
£85008/240.1 miBold Street, Morecambe, Lancashire, LA32
£82508/240.1 miBold Street, Morecambe, Lancashire, LA32
£85008/240.1 miBold Street, Morecambe, Lancashire, LA32
£65007/240.19 miMarine Road, Morecambe, LA32
£65008/240.19 miMarine Road, Morecambe, LA32
£67507/240.19 miMarine Road West, Morecambe, LA32
£77505/240.23 miHarrington Road, Heysham, LA32
£70002/240.23 mi-2
£65002/240.23 mi-2
£75003/250.23 mi-2
£65007/230.25 mi-2
£80003/250.29 mi-2
£66004/240.3 mi-2
£67512/240.3 mi-2
£67504/250.3 mi-2
£75009/240.31 mi80 Sandylands Promenade, Morecambe, LA32
£52505/240.32 mi164 Heysham Road, Morecambe, Lancs, LA32
£42507/230.32 mi-2
£57508/240.32 miHeysham Road, Morecambe, Lancs, LA32
£59504/240.33 miHeysham Road, Heysham, Morecambe, LA3 1DJ2
£65006/240.33 miBalmoral Road, Heysham2
£67508/240.34 miRegent Road, Morecambe2
£67509/240.34 miRegent Road, Morecambe2
£57505/240.34 miRegent Road, LA32
£85004/240.34 miClarendon Road, Morecambe2
£70009/240.36 miDalton Road, Heysham, Morecambe, Lancashire2
£75006/240.36 miBalmoral Road, Morecambe2
£67509/240.39 miRegent Road, Morecambe, LA32
£66507/240.39 miRegent Road, Morecambe2
£62510/240.39 mi-2
£69905/240.4 miRegent Road, Morecambe, Lancashire, LA32
£85008/240.4 miRegent Road, Morecambe, Lancashire, LA32
£72507/240.4 miAlbert Road, Morecambe, Lancashire, LA42
£69907/240.4 miAlbert Road, Morecambe, Lancashire, LA42
£69907/240.4 miAlbert Road, Morecambe, Lancashire, LA42
£79908/240.4 miAlbert Road, Morecambe, Lancashire, LA42
£89908/240.4 miAlbert Road, Morecambe, Lancashire, LA42
£89908/240.4 miAlbert Road, Morecambe, Lancashire, LA42

Local Area Statistics

Population in LA3

24,587

Population in Morecambe

50,836

Town centre distance

1.18 miles away

Nearest school

0.30 miles away

Nearest train station

0.80 miles away

 

 

Rental growth (12m)

-2%

Sales demand

Buyer's market

Capital growth (5yrs)

+31%

Property History

Listed for £159,950

September 26, 2024

Sold for £60,000

1997

Sold for £45,500

1995

Floor Plans

Description

  • Penthouse two bedroom appartment +
  • Well cared for throughout +
  • Spacious living/dining room with apex ceiling +
  • Study with sea views +
  • Master with fitted wardrobes and ensuite +
  • Amazing sea views +
  • Lift +
  • Secure parking to the rear of the building +
  • Easy access to local amenities +

Don’t miss this amazing opportunity to acquire a stunning two double bedroom penthouse within Marine Court, featuring spectacular sea views from multiple windows. This remarkable property comes complete with gated parking and convenient lift access, making it a perfect blend of luxury and practicality.

Upon entering, you are greeted by a well-maintained communal hallway, with access to the flat via either the lift or stairs. Ascending to the top level on the fifth floor, you step into the penthouse flat.

This accommodation is fully double glazed, gas central heated and briefly comprises: The inviting hallway leads you into a spacious open-plan living dining room, where a striking wooden apex ceiling adds character and warmth. The large bay window frames breathtaking views over Morecambe Bay and the majestic Lake District Mountain range, creating a picturesque backdrop for everyday living.

Adjacent to the living room, you’ll find a well-appointed study room that also boasts incredible views, perfect for those seeking a serene workspace. This delightful space flows seamlessly into the master bedroom, which features ample fitted wardrobes and a stylish vanity table, along with a shower ensuite for added convenience.

The kitchen is well-maintained and offers a functional layout for meal preparation and entertaining. A family bathroom services the home, ensuring comfort for you and your guests. The second double bedroom comes with modern fitted wardrobes, currently accommodating a single bed; however, if desired, the wardrobes can be removed to easily accommodate a double bed.

It is worth noting there is a large loft space which has been boarded for additional storage.

This penthouse presents a rare opportunity to enjoy a sophisticated lifestyle with unparalleled views and contemporary living spaces. Don’t miss your chance to make this remarkable property your new home!

Located with easy access to a range of amenities including seafront and promenade walks. A range of shops, health services, road links and bus services providing access into Morecambe town centre, Heysham village and Lancaster city.

Leasehold Information:
Length of Lease: 999 years from 1 January 1995
Ground rent: N/A
Annual Service Charge: £1700
Council tax band - C

Agent Details

Entwistle Green, Morecambe

01524 967563

Next Steps?

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