3 Bed Terraced House, Single Let, Morecambe, LA3 1EL, £130,000

Hampton Road, Morecambe, LA3 1EL - 1 views - 5 months ago

Sold STC
BTL
ROI: 6%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£70K - £295K
Sold Prices/m²£925/m² - £3.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.4K/m²

Value Estimate

£137,386
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Total Cash In

£37,600

 

 

Cash Out

 

Rent Range

£750 - £950

Rent Estimate

£750

Running Costs/mo

£576

Cashflow/mo

£174

Cashflow/yr

£2,085

ROI

6%

Gross Yield

7%

Local Sold Prices

51 sold prices from £70K to £295K, average is £133K. £925/m² to £3.1K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£128K05/230 mi46, Hampton Road, Heysham, Morecambe, Lancashire LA3 1EL3
£122.5K06/210.01 mi28, Harrington Road, Heysham, Morecambe, Lancashire LA3 1EN3
£97.5K11/200.03 mi28, Granville Road, Heysham, Morecambe, Lancashire LA3 1EB3
£103K04/210.03 mi52, Granville Road, Heysham, Morecambe, Lancashire LA3 1EB3
£130K10/220.03 mi52, Granville Road, Heysham, Morecambe, Lancashire LA3 1EB3
£112K11/200.03 mi34, Stanley Road, Heysham, Morecambe, Lancashire LA3 1UR3
£130K06/210.03 mi58, Stanley Road, Heysham, Morecambe, Lancashire LA3 1UR3
£134K04/230.03 mi54, Stanley Road, Heysham, Morecambe, Lancashire LA3 1UR3
£160K03/230.08 mi21, Byron Road, Heysham, Morecambe, Lancashire LA3 1UH3
£112.5K02/210.08 mi56, Granville Road, Heysham, Morecambe, Lancashire LA3 1ED3
£122.5K07/210.08 mi58, Granville Road, Heysham, Morecambe, Lancashire LA3 1ED3
£128.5K06/230.08 mi58, Granville Road, Heysham, Morecambe, Lancashire LA3 1ED3
£128.5K06/230.08 mi58, Granville Road, Heysham, Morecambe, Lancashire LA3 1ED3
£113K03/230.08 mi52, Brunswick Road, Heysham, Morecambe, Lancashire LA3 1UG3
£175K03/230.08 mi26, Mears Beck Close, Heysham, Morecambe, Lancashire LA3 1UX3
£128.5K04/210.09 mi7, Hampton Road, Heysham, Morecambe, Lancashire LA3 1EJ3
£127K04/210.1 mi4, Cumberland View Close, Heysham, Morecambe, Lancashire LA3 1HG3
£110K07/210.1 mi3, Balmoral Avenue, Heysham, Morecambe, Lancashire LA3 1JU3
£170K12/200.11 mi67, Fairfield Road, Heysham, Morecambe, Lancashire LA3 1ES3
£160K08/210.12 mi145, Balmoral Road, Morecambe, Lancashire LA3 1HN3
£250K10/220.13 mi152, Balmoral Road, Morecambe, Lancashire LA3 1HW3
£154.4K04/210.13 mi12, Barnes Road, Heysham, Morecambe, Lancashire LA3 1UW3
£70K12/200.16 mi23, Gardner Road, Heysham, Morecambe, Lancashire LA3 1RX3
£129K02/210.16 mi42, Kings Crescent, Heysham, Morecambe, Lancashire LA3 1HX3
£119K10/210.19 mi9, Cambridge Road, Morecambe, Lancashire LA3 1RY3
£106K12/200.19 mi30, Avondale Road, Heysham, Morecambe, Lancashire LA3 1SR3
£135K05/230.19 mi22, Avondale Road, Heysham, Morecambe, Lancashire LA3 1SR3
£143K10/210.19 mi42, Harewood Avenue, Heysham, Morecambe, Lancashire LA3 1JQ3
£133K06/210.2 mi41, Harewood Avenue, Heysham, Morecambe, Lancashire LA3 1JH3
£295K11/210.2 mi8, St Johns Grove, Heysham, Morecambe, Lancashire LA3 1ET3
£95K10/210.23 mi1, Myrtle Grove, Heysham, Morecambe, Lancashire LA3 1HT3
£138K02/230.23 mi1, Myrtle Grove, Heysham, Morecambe, Lancashire LA3 1HT3
£125K04/210.24 mi34, Maple Avenue, Heysham, Morecambe, Lancashire LA3 1HZ3
£167K01/230.24 mi44, Maple Avenue, Heysham, Morecambe, Lancashire LA3 1HZ3
£184.5K11/200.25 mi37, Norton Road, Heysham, Morecambe, Lancashire LA3 1HA3
£215K11/210.25 mi41, Lordsome Road, Heysham, Morecambe, Lancashire LA3 1JE3
£165K01/230.25 mi24, Limes Avenue, Heysham, Morecambe, Lancashire LA3 1HS3
£95K12/200.25 mi33, Limes Avenue, Heysham, Morecambe, Lancashire LA3 1HS3
£120K03/210.26 mi52, Lordsome Road, Heysham, Morecambe, Lancashire LA3 1JB3
£130.2K06/210.26 mi22, Lordsome Road, Heysham, Morecambe, Lancashire LA3 1JB3
£140K01/210.27 mi4, Clevelands Avenue, Morecambe, Lancashire LA3 1SX3
£84K06/210.28 mi55a, Yorkshire Street, Morecambe, Lancashire LA3 1QF3
£194K07/210.29 mi10, Rydal Road, Heysham, Morecambe, Lancashire LA3 1DT3
£165K01/210.3 mi20, Clevelands Grove, Morecambe, Lancashire LA3 1SY3
£237.5K06/210.33 mi67, Norton Road, Heysham, Morecambe, Lancashire LA3 1PF3
£182K06/210.35 mi4, Norton Grove, Heysham, Morecambe, Lancashire LA3 1PQ3
£169.9K12/220.36 mi8, Osborne Crescent, Morecambe, Lancashire LA3 1SZ3
£185K12/210.36 mi82, Norton Road, Heysham, Morecambe, Lancashire LA3 1PG3
£250K12/220.36 mi70, Norton Road, Heysham, Morecambe, Lancashire LA3 1PG3
£170K08/230.37 mi18, Woodlands Drive, Heysham, Morecambe, Lancashire LA3 1LZ3
£149.9K12/220.38 mi7, Lake Road, Morecambe, Lancashire LA3 1AS3

Local Rents

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

RentDateDistanceAddressBeds 
£89505/240 miHampton Road, Heysham3
£95004/240.1 miCumberland View Road, Heysham, Morecambe3
£75012/230.25 mi-3
£95005/240.39 miClarendon Road, Morecambe3
£95008/240.41 miChatsworth Road, Morecambe, Lancashire, LA43
£77507/240.42 miBalmoral Road, Morecambe, Lancashire, LA43
£89908/240.43 miAlbert Road, Morecambe, Lancashire, LA43
£89908/240.43 miAlbert Road, Morecambe, Lancashire, LA43
£85004/240.43 miWoodlands Drive, Heysham, Morecambe3
£95008/240.44 miChatsworth Road, Morecambe, Lancashire, LA43
£95008/240.44 miChatsworth Road, Morecambe, Lancashire, LA43
£75005/240.45 miWest End, Morecambe, LA43
£75005/240.45 miWest End, Morecambe, LA43

Local Area Statistics

Population in LA3

24,587

Population in Morecambe

50,836

Town centre distance

1.19 miles away

Nearest school

0.10 miles away

Nearest train station

0.89 miles away

 

 

Rental growth (12m)

-2%

Sales demand

Buyer's market

Capital growth (5yrs)

+31%

Property History

Listed for £130,000

November 6, 2024

Sold for £90,000

2014

Sold for £85,000

2010

Description

  • Three Bedroom Mid Terraced House +
  • Kitchen/Diner +
  • Gas Central Heating +
  • Double Glazed Throughout +
  • Garden +
  • Parking +
  • Loft Boarded +
  • Transport Links +
  • Excellent Local Amenities +
  • No Chain +

A three bedroom mid terrace family home, located in the Sandylands area of Morecambe.  The property briefly comprises; Entrance hall. Lounge. Kitchen/Diner open plan through to the rear extension. Three bedrooms on the first floor. Family four piece bathroom. Access to loft from first floor landing with pull down ladder. The loft is boarded.  Externally the property benefits from a private garden and parking area.  Local amenities are excellent, they range from supermarkets, shops, GP surgery, Health Centre, restaurants and pubs and is just a short walk from Morecambe Promenade and beaches. Excellent transport links can be found from the A683 and the The Bay Gateway. Morecambe and Heysham Port railway stations with ferries to the Isle of Man available from Heysham Port. Eden Project North has been granted to level up Morecambe and make it a beacon of economic, environmental and social regeneration in the North of England, making this property an ideal investment opportunity. Sold with No Onward Chain EPC rating: D. Tenure: Freehold,

Agent Details

Fisher Wrathall, Lancaster

01524 967560

Next Steps?

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