3 Bed Semi-Detached House, Refurb/BRRR, Morecambe, LA3 2UP, £149,950





ValuationUndervalued
Sold Prices | £75K - £397K |
Sold Prices/m² | £938/m² - £3.4K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £1.6K/m² |
Value Estimate | £154,449£154,449 |
BMV | 3% |
| |
End Value (After Refurb) | £188,706£188,706 |
Uplift in Value | +26%+26% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £37,488£37,488 |
Stamp Duty & Legal Fees | £8,698£8,698 |
Refurb Costs | £37,600£37,600 |
Bridging Loan Interest | £3,936£3,936 |
Total Cash In | £89,471£89,471 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £188,706£188,706 |
Mortgage (After Refinance) | £141,529£141,529 |
Mortgage LTV | 75%75% |
Cash Released | £29,067£29,067 |
Cash Left In | £60,405£60,405 |
Equity | £47,176£47,176 |
Rent Range | £465 - £1,450£465 - £1,450 |
Rent Estimate | £821 |
Running Costs/mo | £774£774 |
Cashflow/mo | £47£47 |
Cashflow/yr | £565£565 |
ROI | 1%1% |
Gross Yield | 7%7% |
Local Sold Prices
51 sold prices from £75K to £397K, average is £161K. £938/m² to £3.4K/m², average is £2.1K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£147.5K | 04/21 | 0.02 mi | 14, Rothesay Road, Heysham, Morecambe, Lancashire LA3 2UP | - | - | 3 | Semi-Detached House | |
£160K | 04/23 | 0.02 mi | 15, Rothesay Road, Heysham, Morecambe, Lancashire LA3 2UP | - | - | 3 | Semi-Detached House | |
£125K | 04/21 | 0.05 mi | 12, Mcdonald Road, Heysham, Morecambe, Lancashire LA3 2UX | - | - | 3 | Semi-Detached House | |
£100K | 11/20 | 0.05 mi | 41, Mcdonald Road, Heysham, Morecambe, Lancashire LA3 2UX | £1,266 | 79 | 3 | Terraced House | |
£145K | 03/23 | 0.05 mi | 8, Mcdonald Road, Heysham, Morecambe, Lancashire LA3 2UX | - | - | 3 | Semi-Detached House | |
£88K | 07/23 | 0.05 mi | 17, Mcdonald Road, Heysham, Morecambe, Lancashire LA3 2UX | - | - | 3 | Terraced House | |
£88K | 07/23 | 0.05 mi | 17, Mcdonald Road, Heysham, Morecambe, Lancashire LA3 2UX | - | - | 3 | Terraced House | |
£100K | 04/21 | 0.06 mi | 4, Rothesay Crescent, Heysham, Morecambe, Lancashire LA3 2XR | £1,546 | 65 | 3 | Terraced House | |
£155K | 09/21 | 0.06 mi | 31, Connaught Road, Heysham, Morecambe, Lancashire LA3 2UU | £1,890 | 82 | 3 | Semi-Detached House | |
£147.5K | 02/21 | 0.09 mi | 2, Londonderry Road, Heysham, Morecambe, Lancashire LA3 2UT | £1,799 | 82 | 3 | Semi-Detached House | |
£158K | 05/21 | 0.2 mi | 14, Combermere Road, Heysham, Morecambe, Lancashire LA3 2ST | £2,079 | 76 | 3 | Semi-Detached House | |
£182K | 09/21 | 0.24 mi | 55, Combermere Road, Heysham, Morecambe, Lancashire LA3 2SU | £2,141 | 85 | 3 | Semi-Detached House | |
£134K | 03/23 | 0.24 mi | 61, Combermere Road, Heysham, Morecambe, Lancashire LA3 2SU | - | - | 3 | Semi-Detached House | |
£140K | 05/23 | 0.29 mi | 9, Heathfoot Avenue, Heysham, Morecambe, Lancashire LA3 2TW | - | - | 3 | Semi-Detached House | |
£175K | 09/21 | 0.32 mi | 35, Middleton Road, Heysham, Morecambe, Lancashire LA3 2RY | £2,299 | 76 | 3 | Semi-Detached House | |
£237K | 03/21 | 0.35 mi | 8, Viking Way, Heysham, Morecambe, Lancashire LA3 2TH | £2,548 | 93 | 3 | Detached House | |
£120K | 03/23 | 0.35 mi | 2, Penhale Court, Heysham, Morecambe, Lancashire LA3 2PY | £1,411 | 85 | 3 | Terraced House | |
£155K | 02/23 | 0.36 mi | 3, Penhale Court, Heysham, Morecambe, Lancashire LA3 2PY | £1,802 | 86 | 3 | Terraced House | |
£234.9K | 08/21 | 0.37 mi | 6, Saxon Heights, Heysham, Morecambe, Lancashire LA3 2TY | £2,937 | 80 | 3 | Detached House | |
£134.5K | 05/21 | 0.39 mi | 7, Smithy Lane, Heysham, Morecambe, Lancashire LA3 2QH | £1,855 | 73 | 3 | Semi-Detached House | |
£187K | 12/22 | 0.39 mi | 11, Smithy Lane, Heysham, Morecambe, Lancashire LA3 2QH | £2,754 | 68 | 3 | Semi-Detached House | |
£169.9K | 09/21 | 0.42 mi | 22, Warton Avenue, Heysham, Morecambe, Lancashire LA3 2LX | £1,999 | 85 | 3 | Semi-Detached House | |
£98K | 02/21 | 0.43 mi | 10, Tomlinson Road, Heysham, Morecambe, Lancashire LA3 2LS | £1,065 | 92 | 3 | Semi-Detached House | |
£145K | 05/21 | 0.43 mi | 25, Tomlinson Road, Heysham, Morecambe, Lancashire LA3 2LS | £1,394 | 104 | 3 | Semi-Detached House | |
£185K | 02/21 | 0.45 mi | 14, Robin Crescent, Heysham, Morecambe, Lancashire LA3 2WG | £1,801 | 103 | 3 | Detached House | |
£215K | 04/21 | 0.45 mi | 31, Robin Crescent, Heysham, Morecambe, Lancashire LA3 2WG | - | - | 3 | Detached House | |
£187K | 06/23 | 0.45 mi | 17, Robin Crescent, Heysham, Morecambe, Lancashire LA3 2WG | £2,910 | 64 | 3 | Semi-Detached House | |
£147.5K | 03/21 | 0.45 mi | 19, Yewdale Avenue, Heysham, Morecambe, Lancashire LA3 2LR | - | - | 3 | Terraced House | |
£115K | 06/21 | 0.45 mi | 17, Yewdale Avenue, Heysham, Morecambe, Lancashire LA3 2LR | £1,353 | 85 | 3 | Terraced House | |
£280K | 01/23 | 0.47 mi | 4, Middleton Road, Heysham, Morecambe, Lancashire LA3 2QD | £3,333 | 84 | 3 | Semi-Detached House | |
£143K | 02/23 | 0.47 mi | 7, Yealand Avenue, Heysham, Morecambe, Lancashire LA3 2LT | £1,682 | 85 | 3 | Semi-Detached House | |
£235K | 07/23 | 0.47 mi | 31, Goldcrest Close, Heysham, Morecambe, Lancashire LA3 2GS | - | - | 3 | Detached House | |
£161K | 12/20 | 0.5 mi | 20, Skylark Close, Heysham, Morecambe, Lancashire LA3 2GW | £2,196 | 73 | 3 | Semi-Detached House | |
£75K | 05/21 | 0.52 mi | 20, Laureston Avenue, Heysham, Morecambe, Lancashire LA3 2LU | £938 | 80 | 3 | Semi-Detached House | |
£258.4K | 09/22 | 0.53 mi | 8, Tern Grove, Heysham, Morecambe, Lancashire LA3 2WH | £3,394 | 76 | 3 | Detached House | |
£200K | 09/21 | 0.54 mi | 38, Greenfinch Way, Heysham, Morecambe, Lancashire LA3 2GR | - | - | 3 | Detached House | |
£166K | 12/20 | 0.54 mi | 11, Greenfinch Way, Heysham, Morecambe, Lancashire LA3 2GR | £2,029 | 82 | 3 | Detached House | |
£330K | 06/21 | 0.56 mi | 2, Barrows Lane, Heysham, Morecambe, Lancashire LA3 2RP | £2,260 | 146 | 3 | Detached House | |
£397K | 10/22 | 0.56 mi | Woodlands, Barrows Lane, Heysham, Morecambe, Lancashire LA3 2RP | £3,078 | 129 | 3 | Detached House | |
£157.5K | 12/20 | 0.58 mi | 7, Redwing Close, Morecambe, Lancashire LA3 2BH | - | - | 3 | Semi-Detached House | |
£209.9K | 04/21 | 0.6 mi | 6, Lapwing Close, Heysham, Morecambe, Lancashire LA3 2DB | - | - | 3 | Detached House | |
£200K | 06/21 | 0.62 mi | 5, Redshank Drive, Heysham, Morecambe, Lancashire LA3 2WF | £2,062 | 97 | 3 | Detached House | |
£180K | 10/20 | 0.64 mi | 5, Greenshank Close, Heysham, Morecambe, Lancashire LA3 2DP | - | - | 3 | Detached House | |
£165K | 05/21 | 0.64 mi | 10, Douglas Avenue, Heysham, Morecambe, Lancashire LA3 2LP | £2,063 | 80 | 3 | Semi-Detached House | |
£174.9K | 07/21 | 0.66 mi | 18, Douglas Drive, Heysham, Morecambe, Lancashire LA3 2LW | - | - | 3 | Semi-Detached House | |
£150K | 10/21 | 0.68 mi | 4, Douglas Drive, Heysham, Morecambe, Lancashire LA3 2LN | £1,807 | 83 | 3 | Semi-Detached House | |
£285K | 01/23 | 0.69 mi | 8, Nightingale Close, Heysham, Morecambe, Lancashire LA3 2FW | £2,336 | 122 | 3 | Detached House | |
£197.5K | 08/21 | 0.69 mi | 2, Heysham Mossgate Road, Heysham, Morecambe, Lancashire LA3 2JT | £2,409 | 82 | 3 | Semi-Detached House | |
£230K | 04/21 | 0.71 mi | 14, Silverdale Avenue, Heysham, Morecambe, Lancashire LA3 2JX | £2,396 | 96 | 3 | Semi-Detached House | |
£157K | 06/21 | 0.71 mi | 5, Silverdale Avenue, Heysham, Morecambe, Lancashire LA3 2JX | - | - | 3 | Semi-Detached House | |
£240K | 05/23 | 0.71 mi | 12, Silverdale Avenue, Heysham, Morecambe, Lancashire LA3 2JX | £2,581 | 93 | 3 | Semi-Detached House |
Local Rents
50 rents from £465/mo to £1.4K/mo, average is £775/mo.
Rent | Date | Distance | Address | Beds | Type | |
£795 | 05/24 | 0.04 mi | Mcdonald Road, Heysham | 2 | Terraced House | |
£600 | 04/24 | 0.2 mi | Pennington Court | 2 | Flat | |
£465 | 12/24 | 0.21 mi | - | 1 | Bungalow | |
£465 | 03/25 | 0.21 mi | - | 1 | Bungalow | |
£775 | 04/24 | 0.24 mi | Delamere Avenue, Heysham, Morecambe | 3 | Flat | |
£775 | 06/24 | 0.24 mi | Delamere Avenue, Heysham, Morecambe | 3 | House | |
£1,100 | 05/24 | 0.26 mi | Delamere Avenue, Heysham | 5 | House | |
£850 | 04/24 | 0.34 mi | Dunlin Avenue, Heysham, Morecambe | 3 | Flat | |
£900 | 10/24 | 0.39 mi | - | 3 | Semi-Detached House | |
£675 | 04/24 | 0.45 mi | 16 Middleton Road, Heysham, LA3 | 2 | Flat | |
£795 | 08/24 | 0.45 mi | Robin Crescent, Windermere Park, Heysham | 3 | Semi-Detached House | |
£950 | 08/24 | 0.48 mi | Mossgate Park, Heysham, Morecambe | 3 | House | |
£675 | 07/24 | 0.51 mi | Skylark Close, Heysham, Morecambe | 2 | Flat | |
£650 | 07/24 | 0.51 mi | Skylark Close, Heysham, Morecambe | 2 | Flat | |
£695 | 05/24 | 0.51 mi | Turnstone Court, Greenfinch Way, Heysham, Morecambe | 2 | Flat | |
£825 | 05/24 | 0.52 mi | 26 Laureston Avenue, Heysham, Morecambe, LA3 2LU | 2 | Bungalow | |
£795 | 08/24 | 0.61 mi | St James Court, Heysham | 2 | House | |
£1,300 | 04/24 | 0.66 mi | Kingfisher Drive, Heysham, Morecambe | 4 | Flat | |
£650 | 08/24 | 0.69 mi | Brambling Drive, Heysham, LA3 | 2 | Flat | |
£475 | 07/24 | 0.72 mi | Woborrow Road, Heysham, Morecambe | 1 | Flat | |
£1,400 | 05/24 | 0.75 mi | - | 4 | Detached House | |
£1,450 | 01/25 | 0.75 mi | - | 4 | Detached House | |
£1,400 | 02/25 | 0.75 mi | - | 4 | Detached House | |
£800 | 04/24 | 0.77 mi | Fellside View, Heysham, Morecambe | 2 | Flat | |
£625 | 06/24 | 0.79 mi | GFF, Heysham Road, Heysham, Morecambe | 2 | Flat | |
£575 | 06/24 | 0.79 mi | FFF Heysham Road, Heysham, Morecambe | 1 | Flat | |
£625 | 07/24 | 0.79 mi | GFF, Heysham Road, Heysham, Morecambe | 2 | Flat | |
£875 | 04/24 | 1.04 mi | Eastlands, Heysham, Morecambe, Lancashire | 3 | Flat | |
£628 | 04/24 | 1.1 mi | - | 2 | Flat | |
£575 | 04/24 | 1.12 mi | Peplow Road, Heysham, Morecambe, Lancashire | 1 | Flat | |
£675 | 05/24 | 1.12 mi | Gilstead Avenue, Heysham, Morecambe, Lancashire | 2 | Flat | |
£595 | 05/24 | 1.13 mi | Mortimer Grove, Heysham, Morecambe | 1 | Flat | |
£1,300 | 04/24 | 1.15 mi | Middleton Road, Middleton | 3 | Flat | |
£1,195 | 04/25 | 1.26 mi | - | 2 | Bungalow | |
£1,200 | 05/24 | 1.29 mi | Carr Lane, Middleton, Morecambe | 3 | Bungalow | |
£950 | 07/24 | 1.38 mi | Hale Carr Lane, Heysham, Morecambe | 2 | Terraced House | |
£1,350 | 04/24 | 1.39 mi | Heysham Road, Lancaster, Morecambe | 4 | Flat | |
£895 | 07/24 | 1.4 mi | - | 2 | Flat | |
£895 | 06/24 | 1.4 mi | The Cliffs, Heysham, Morecambe, LA3 | 2 | Flat | |
£795 | 08/24 | 1.41 mi | Badger Wood, Middleton | 2 | Flat | |
£550 | 05/24 | 1.44 mi | - | 2 | Flat | |
£550 | 10/24 | 1.44 mi | - | 1 | Flat | |
£550 | 10/24 | 1.44 mi | - | 1 | Flat | |
£800 | 04/24 | 1.47 mi | Hawksworth Grove, Heysham | 4 | Flat | |
£850 | 04/24 | 1.54 mi | Woodlands Drive, Heysham, Morecambe | 3 | Flat | |
£595 | 05/24 | 1.54 mi | Norton Road, Heysham, Morecambe, LA3 | 1 | Semi-Detached House | |
£596 | 06/24 | 1.54 mi | - | 1 | Semi-Detached House | |
£575 | 06/23 | 1.68 mi | - | 1 | Flat | |
£600 | 02/24 | 1.68 mi | - | 1 | Flat | |
£700 | 09/24 | 1.74 mi | Dalton Road, Heysham, Morecambe, Lancashire | 2 | Flat |
Local Area Statistics
Population in LA3 | 24,58724,587 |
Population in Morecambe | 50,83650,836 |
Town centre distance | 2.85 miles away2.85 miles away |
Nearest school | 0.20 miles away0.20 miles away |
Nearest train station | 0.48 miles away0.48 miles away |
| |
Rental growth (12m) | -2%-2% |
Sales demand | Buyer's marketBuyer's market |
Capital growth (5yrs) | +31%+31% |
Property History
Price changed to £149,950
March 28, 2025
Listed for £154,950
November 1, 2024
Floor Plans

Description
Bay fronted three bedroom semi-detached house situated in Higher Heysham, close to local primary schools, M6 link road, Half Moon Bay and within a mile radius of historic Heysham village and the parade of shops at Strawberry Gardens. The accommodation is majority uPVC double glazed, gas central heated from a newly installed combi' boiler (January 2025) and briefly comprises: front entrance, hallway, open plan lounge diner with feature fireplaces and French doors leading out to the garden, fitted kitchen with integrated oven and hob, staircase and first floor landing, three generous size bedrooms and bathroom/wc. Outside the property, there is a stone chipped front garden and driveway providing off-road parking and to the rear, there is a generous size garden, laid to lawn and artificial turf with paved patio and storage outbuilding. Although in need of some refurbishment, this property will appeal to a wide range of buyers seeking a competitively priced home in a convenient location. Internal viewings are highly recommended. NO CHAIN.
FRONT ENTRANCE
Outside light. uPVC double glazed door into:
HALLWAY
Central heating radiator. Ceiling light. Electric power point.
LOUNGE DINER 7.54m (excluding the bay) x 4.28m (max) (24'8'' x 14'0'')
uPVC double glazed bay window to the front elevation. uPVC double glazed French doors leading out to the rear garden. Two central heating radiators. Two feature fireplaces both with electric fires. Two ceiling lights. Electric power points.
KITCHEN 3.19m x 2.41m (10'5'' x 7'10'')
uPVC double glazed window to the rear elevation. Fitted base units, wall units and drawers with working surfaces in part to three walls. Inset single bowl sink with mixer tap. Built-in electric oven, four ring gas hob and cooker hood above. Plumbing/space for washing machine and fridge freezer. 'Worcester' gas boiler housed in wall unit (installed January 2025 - 6 year warranty). Ceiling light. Electric power points.
STAIRCASE TO FIRST FLOOR
LANDING
Timber framed single glazed window to the side elevation. Ceiling light. Electric power point. Loft hatch access.
BEDROOM ONE 4.26m x 3.67m (13'11'' x 12'0'')
uPVC double glazed window to the front elevation. Central heating radiator. Decorative cast iron fireplace. Built-in storage cupboard. Ceiling light. Electric power points.
BEDROOM TWO 3.20m x 3.64m (10'5'' x 11'11'')
uPVC double glazed window to the rear elevation. Central heating radiator. Ceiling light. Electric power points.
BEDROOM THREE 3.10m x 2.47m (10'2'' x 8'1'')
uPVC double glazed window to the front elevation. Central heating radiator. Built-in storage cupboard. Ceiling light. Electric power points.
BATHROOM/WC 2.42m x 2.42m (7'11'' x 7'11'')
uPVC double glazed window to the rear elevation. Further timber framed single glazed side window. Central heating radiator. Heated chrome towel rail. Wall mounted fan heater. Three piece suite in white comprising bath with wall mounted mixer shower, pedestal wash hand basin and wc. Tiled in part to two walls. Mirror fronted bathroom cabinet. Ceiling light.
OUTSIDE THE PROPERTY
FRONT GARDEN/DRIVEWAY
Laid to stone chippings providing off-road parking.
REAR GARDEN
Generous size. Laid to a combination of lawn and artificial turf with paved patio. Storage outbuilding (side of property). Surrounded by timber fencing.
TENURE Freehold
SERVICES Mains water, mains drainage, mains electricity, mains gas. Local Authority Lancaster City Council. Council Tax Band A. Amount payable for the financial year 22024/25 being £1505.37. Please note that this is a verbal enquiry only. We strongly recommend that prospective purchasers verify the information direct.
Council Tax Band: A (Lancaster City Council)
Tenure: Freehold
Similar Properties
Like this property? Maybe you'll like these ones close by too.