3 Bed Semi-Detached House, Planning Permission, Morecambe, LA3 2TS, £179,950

43 Delamere Avenue, Morecambe, Lancashire, LA3 2TS - 6 months ago

Planning
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£75K - £397K
Sold Prices/m²£938/m² - £3.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£188,706

 

 

End Value (After Refurb)

£185,945

Uplift in Value

+-2%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£44,988

Stamp Duty & Legal Fees

£6,900

Refurb Costs

£37,600

Bridging Loan Interest

£4,724

Total Cash In

£95,961

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£185,945

Mortgage (After Refinance)

£139,459

Mortgage LTV

75%

Cash Released

£4,496

Cash Left In

£91,465

Equity

£46,486

Rent Range

£465 - £1,450

Rent Estimate

£791

Running Costs/mo

£759

Cashflow/mo

£32

Cashflow/yr

£381

ROI

0%

Gross Yield

5%

Local Sold Prices

51 sold prices from £75K to £397K, average is £158K. £938/m² to £3.4K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£140K05/230.05 mi9, Heathfoot Avenue, Heysham, Morecambe, Lancashire LA3 2TW3
£182K09/210.12 mi55, Combermere Road, Heysham, Morecambe, Lancashire LA3 2SU3
£134K03/230.12 mi61, Combermere Road, Heysham, Morecambe, Lancashire LA3 2SU3
£120K03/230.15 mi2, Penhale Court, Heysham, Morecambe, Lancashire LA3 2PY3
£155K02/230.15 mi3, Penhale Court, Heysham, Morecambe, Lancashire LA3 2PY3
£175K09/210.16 mi35, Middleton Road, Heysham, Morecambe, Lancashire LA3 2RY3
£134.5K05/210.16 mi7, Smithy Lane, Heysham, Morecambe, Lancashire LA3 2QH3
£187K12/220.16 mi11, Smithy Lane, Heysham, Morecambe, Lancashire LA3 2QH3
£158K05/210.2 mi14, Combermere Road, Heysham, Morecambe, Lancashire LA3 2ST3
£169.9K09/210.21 mi22, Warton Avenue, Heysham, Morecambe, Lancashire LA3 2LX3
£280K01/230.24 mi4, Middleton Road, Heysham, Morecambe, Lancashire LA3 2QD3
£147.5K04/210.24 mi14, Rothesay Road, Heysham, Morecambe, Lancashire LA3 2UP3
£160K04/230.24 mi15, Rothesay Road, Heysham, Morecambe, Lancashire LA3 2UP3
£100K04/210.25 mi4, Rothesay Crescent, Heysham, Morecambe, Lancashire LA3 2XR3
£147.5K03/210.25 mi19, Yewdale Avenue, Heysham, Morecambe, Lancashire LA3 2LR3
£115K06/210.25 mi17, Yewdale Avenue, Heysham, Morecambe, Lancashire LA3 2LR3
£98K02/210.25 mi10, Tomlinson Road, Heysham, Morecambe, Lancashire LA3 2LS3
£145K05/210.25 mi25, Tomlinson Road, Heysham, Morecambe, Lancashire LA3 2LS3
£143K02/230.28 mi7, Yealand Avenue, Heysham, Morecambe, Lancashire LA3 2LT3
£147.5K02/210.28 mi2, Londonderry Road, Heysham, Morecambe, Lancashire LA3 2UT3
£125K04/210.28 mi12, Mcdonald Road, Heysham, Morecambe, Lancashire LA3 2UX3
£100K11/200.29 mi41, Mcdonald Road, Heysham, Morecambe, Lancashire LA3 2UX3
£145K03/230.29 mi8, Mcdonald Road, Heysham, Morecambe, Lancashire LA3 2UX3
£88K07/230.29 mi17, Mcdonald Road, Heysham, Morecambe, Lancashire LA3 2UX3
£88K07/230.29 mi17, Mcdonald Road, Heysham, Morecambe, Lancashire LA3 2UX3
£234.9K08/210.29 mi6, Saxon Heights, Heysham, Morecambe, Lancashire LA3 2TY3
£155K09/210.29 mi31, Connaught Road, Heysham, Morecambe, Lancashire LA3 2UU3
£237K03/210.3 mi8, Viking Way, Heysham, Morecambe, Lancashire LA3 2TH3
£75K05/210.33 mi20, Laureston Avenue, Heysham, Morecambe, Lancashire LA3 2LU3
£235K07/230.33 mi31, Goldcrest Close, Heysham, Morecambe, Lancashire LA3 2GS3
£161K12/200.34 mi20, Skylark Close, Heysham, Morecambe, Lancashire LA3 2GW3
£185K02/210.34 mi14, Robin Crescent, Heysham, Morecambe, Lancashire LA3 2WG3
£215K04/210.34 mi31, Robin Crescent, Heysham, Morecambe, Lancashire LA3 2WG3
£187K06/230.34 mi17, Robin Crescent, Heysham, Morecambe, Lancashire LA3 2WG3
£200K09/210.37 mi38, Greenfinch Way, Heysham, Morecambe, Lancashire LA3 2GR3
£166K12/200.37 mi11, Greenfinch Way, Heysham, Morecambe, Lancashire LA3 2GR3
£330K06/210.37 mi2, Barrows Lane, Heysham, Morecambe, Lancashire LA3 2RP3
£397K10/220.37 miWoodlands, Barrows Lane, Heysham, Morecambe, Lancashire LA3 2RP3
£165K05/210.42 mi10, Douglas Avenue, Heysham, Morecambe, Lancashire LA3 2LP3
£258.4K09/220.44 mi8, Tern Grove, Heysham, Morecambe, Lancashire LA3 2WH3
£174.9K07/210.44 mi18, Douglas Drive, Heysham, Morecambe, Lancashire LA3 2LW3
£157.5K12/200.45 mi7, Redwing Close, Morecambe, Lancashire LA3 2BH3
£209.9K04/210.45 mi6, Lapwing Close, Heysham, Morecambe, Lancashire LA3 2DB3
£150K10/210.45 mi4, Douglas Drive, Heysham, Morecambe, Lancashire LA3 2LN3
£197.5K08/210.46 mi2, Heysham Mossgate Road, Heysham, Morecambe, Lancashire LA3 2JT3
£200K06/210.48 mi5, Redshank Drive, Heysham, Morecambe, Lancashire LA3 2WF3
£100K03/210.49 mi28, Woborrow Road, Heysham, Morecambe, Lancashire LA3 2PW3
£230K04/210.5 mi14, Silverdale Avenue, Heysham, Morecambe, Lancashire LA3 2JX3
£157K06/210.5 mi5, Silverdale Avenue, Heysham, Morecambe, Lancashire LA3 2JX3
£240K05/230.5 mi12, Silverdale Avenue, Heysham, Morecambe, Lancashire LA3 2JX3
£156K04/230.5 mi31, Heysham Mossgate Road, Heysham, Morecambe, Lancashire LA3 2JU3

Local Rents

50 rents from £465/mo to £1.4K/mo, average is £738/mo.

RentDateDistanceAddressBeds 
£77504/240 miDelamere Avenue, Heysham, Morecambe3
£77506/240 miDelamere Avenue, Heysham, Morecambe3
£1,10005/240.03 miDelamere Avenue, Heysham5
£60004/240.06 miPennington Court2
£46512/240.06 mi-1
£46503/250.06 mi-1
£67504/240.22 mi16 Middleton Road, Heysham, LA32
£90010/240.25 mi-3
£79505/240.28 miMcdonald Road, Heysham2
£85004/240.32 miDunlin Avenue, Heysham, Morecambe3
£82505/240.33 mi26 Laureston Avenue, Heysham, Morecambe, LA3 2LU2
£79508/240.34 miRobin Crescent, Windermere Park, Heysham3
£67507/240.35 miSkylark Close, Heysham, Morecambe2
£65007/240.35 miSkylark Close, Heysham, Morecambe2
£69505/240.37 miTurnstone Court, Greenfinch Way, Heysham, Morecambe2
£79508/240.38 miSt James Court, Heysham2
£95008/240.39 miMossgate Park, Heysham, Morecambe3
£65008/240.49 miBrambling Drive, Heysham, LA32
£47507/240.5 miWoborrow Road, Heysham, Morecambe1
£1,30004/240.51 miKingfisher Drive, Heysham, Morecambe4
£1,40005/240.52 mi-4
£1,45001/250.52 mi-4
£1,40004/250.52 mi-4
£80004/240.55 miFellside View, Heysham, Morecambe2
£62506/240.55 miGFF, Heysham Road, Heysham, Morecambe2
£57506/240.55 miFFF Heysham Road, Heysham, Morecambe1
£62507/240.55 miGFF, Heysham Road, Heysham, Morecambe2
£87504/240.82 miEastlands, Heysham, Morecambe, Lancashire3
£62804/240.87 mi-2
£57504/240.9 miPeplow Road, Heysham, Morecambe, Lancashire1
£67505/240.9 miGilstead Avenue, Heysham, Morecambe, Lancashire2
£59505/240.91 miMortimer Grove, Heysham, Morecambe1
£1,10004/251.03 mi-2
£95007/241.14 miHale Carr Lane, Heysham, Morecambe2
£1,35004/241.16 miHeysham Road, Lancaster, Morecambe4
£89507/241.18 mi-2
£89506/241.18 miThe Cliffs, Heysham, Morecambe, LA32
£55005/241.2 mi-2
£55010/241.2 mi-1
£55010/241.2 mi-1
£80004/241.24 miHawksworth Grove, Heysham4
£1,30004/241.26 miMiddleton Road, Middleton3
£85004/241.31 miWoodlands Drive, Heysham, Morecambe3
£59505/241.31 miNorton Road, Heysham, Morecambe, LA31
£59606/241.31 mi-1
£1,20005/241.43 miCarr Lane, Middleton, Morecambe3
£57506/231.44 mi-1
£60002/241.44 mi-1
£70009/241.51 miDalton Road, Heysham, Morecambe, Lancashire2
£60004/241.51 miSeathwaite Avenue, Heysham, Morecambe1

Local Area Statistics

Population in LA3

24,587

Population in Morecambe

50,836

Town centre distance

2.62 miles away

Nearest school

0.20 miles away

Nearest train station

0.67 miles away

 

 

Rental growth (12m)

-2%

Sales demand

Buyer's market

Capital growth (5yrs)

+31%

Property History

Price changed to £179,950

March 12, 2025

Price changed to £185,000

January 3, 2025

Listed for £190,000

November 12, 2024

Sold for £120,000

2007

Sold for £79,950

2005

Sold for £64,950

2003

Floor Plans

Description

  • Three bedroom semi detached house +
  • New kitchen and bathroom +
  • Newly decorated throughout +
  • Driveway +
  • Generous garden +
  • Loft space +
  • Situated in Heysham +
  • No chain +

Welcome to this beautifully renovated three-bedroom semi-detached house, a true gem in the heart of the community. Offered with no chain delay, this property is perfect for those seeking a swift purchase and a fresh start.

As you enter, you are greeted by a welcoming entrance hall, complete with under-stair space ideal for storage solutions. The spacious living room boasts an abundance of natural light, creating a warm and inviting atmosphere. The modern kitchen diner is a highlight, featuring an electric hob, oven, and integrated microwave, along with ample space for a washing machine. The patio doors seamlessly connect the indoor space to the lovely garden, making it perfect for entertaining or enjoying peaceful moments outdoors.

On the first floor, you’ll find two generously sized double bedrooms and a good-sized single bedroom with a convenient storage cupboard. The family bathroom is modern and stylish, catering to all your needs.

One notable feature of this property is the excellent-sized loft space, which has been fully boarded, providing ample additional storage. With the potential for conversion into a fourth bedroom (subject to planning permission), it offers exciting possibilities for future expansion.

Externally, the property boasts a gated driveway for secure off-road parking, with steps leading down to a charming pathway that guides you to the front door. The substantial landscaped rear garden presents a variety of areas to explore, including a delightful patio area accessed directly from the kitchen diner. Fully enclosed with new fencing, the garden is a safe haven for children and pets alike.

Close by is Heysham village with its historic buildings and coastal walks. At the end of the road is a regular bus service to both Morecambe and Lancaster, there is also great access to the M6 via the Bay Gateway. Within walking distance to array of shops, library, medical centre and local primary schools.

This immaculately presented home combines modern living with outdoor enjoyment, making it a must-see for families and professionals alike. Don’t miss out on this exceptional opportunity!

Freehold
Council Tax Band – A

Agent Details

Entwistle Green, Morecambe

01524 967563

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪