5 Bed Terraced House, Single Let, Morecambe, LA4 6NJ, £249,950

10 Torrisholme Square, Morecambe, Lancashire, LA4 6NJ - 5 months ago

BTL
~178 m²
+10 photos

ValuationFair Value

Sold Prices£81.5K - £800K
Sold Prices/m²£622/m² - £3.4K/m²

 

 

Square Metres

~178.28 m²
Price/m²£1.4K/m²

Value Estimate

£249,861

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,488

Stamp Duty & Legal Fees

£8,699

Total Cash In

£71,186

 

 

Cash Out

 

Rent Range

£750 - £2,250

Rent Estimate

£822

Running Costs/mo

£965

Cashflow/mo

£-143

Cashflow/yr

£-1,722

Gross Yield

4%

Local Sold Prices

33 sold prices from £81.5K to £800K, average is £270K. £622/m² to £3.4K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£425K12/220.14 mi2, Buseph Drive, Morecambe, Lancashire LA4 6PQ5
£335K09/220.43 mi44, Hadrian Road, Morecambe, Lancashire LA3 3BX5
£379.9K12/200.53 mi1, Trent Close, Morecambe, Lancashire LA3 3SR5
£300K11/200.57 mi5, Calder Way, Morecambe, Lancashire LA3 3RX5
£750K06/210.59 mi65, Broadway, Morecambe, Lancashire LA4 5XX5
£375K01/230.64 mi21, Winster Park, Lancaster, Lancashire LA1 5TH5
£375K03/230.64 mi28, Queens Drive, Morecambe, Lancashire LA4 6LN5
£363K08/210.7 mi188, Lancaster Road, Morecambe, Lancashire LA4 5TL5
£195.5K07/210.87 mi32, St Margarets Road, Morecambe, Lancashire LA4 6EF5
£147.5K06/230.89 mi191, Lancaster Road, Morecambe, Lancashire LA4 5QR5
£630K03/220.92 mi27, Broadway, Morecambe, Lancashire LA4 5BQ5
£147.5K11/211.03 mi105, Lancaster Road, Morecambe, Lancashire LA4 5QJ5
£135K04/231.07 mi44, Arnside Crescent, Morecambe, Lancashire LA4 5PW5
£180K10/221.07 mi46, Arnside Crescent, Morecambe, Lancashire LA4 5PW5
£182.3K11/211.11 mi91, Thornton Road, Morecambe, Lancashire LA4 5PG5
£168.5K11/201.24 mi19, Hornby Terrace, Morecambe, Lancashire LA4 5QB5
£126K07/211.27 mi21, Kensington Road, Morecambe, Lancashire LA4 5LU5
£485K10/211.28 miPeel Grange, Green Lane, Lancaster, Lancashire LA1 2ES5
£250K08/211.37 mi30, Cathedral Drive, Heaton With Oxcliffe, Morecambe, Lancashire LA3 3RE5
£137.5K11/211.41 mi32, Clarence Street, Morecambe, Lancashire LA4 5EX5
£81.5K11/211.42 mi202, Euston Grove, Morecambe, Lancashire LA4 5LJ5
£137K02/211.42 mi15, Green Street, Morecambe, Lancashire LA4 5HN5
£680K01/231.58 miWoodmuir, Westbourne Road, Lancaster, Lancashire LA1 5EF5
£250K05/211.58 mi77, Ashfield Avenue, Lancaster, Lancashire LA1 5DZ5
£800K01/211.71 mi5, Prospect Drive, Hest Bank, Lancaster, Lancashire LA2 6HX5
£405K03/211.72 miMowbrick Farmhouse, Mowbrick Lane, Hest Bank, Lancaster, Lancashire LA2 6DL5
£270K05/211.75 mi17, Albany Road, Morecambe, Lancashire LA4 4JY5
£299.9K10/201.77 mi7, Hest Bank Lane, Hest Bank, Lancaster, Lancashire LA2 6DN5
£500K01/211.81 mi18, Hanging Green Lane, Hest Bank, Lancaster, Lancashire LA2 6JB5
£88K11/201.84 mi18, Westminster Road, Morecambe, Lancashire LA4 4JB5
£655K10/231.9 mi8, Coastal Drive, Hest Bank, Lancaster, Lancashire LA2 6HH5
£235K06/211.91 mi6, Highfield Crescent, Morecambe, Lancashire LA4 4DH5
£205K01/231.99 mi121, Westminster Road, Morecambe, Lancashire LA3 1SG5

Local Rents

36 rents from £750/mo to £2.3K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£90005/240.03 miDallas Road, Torrisholme, LA43
£1,50007/240.11 miEssex Road, Torrisholme3
£95006/240.29 miKayswell Road, Torrisholme, Morecambe3
£90004/240.32 miMichaelson Avenue, Morecambe, LA43
£1,40007/240.41 miBroadway, Morecambe4
£82506/240.51 miWyre Close, Grosvenor Park, Lancaster, LA33
£1,20007/240.57 miBroadway, Morecambe4
£1,20007/240.57 miBroadway, Morecambe4
£85004/240.68 miGregareth Close, Lancaster3
£2,00002/240.69 mi-4
£92505/240.71 miWatery Lane, Lancaster3
£1,30005/240.75 miLichfield Avenue, Bare3
£95004/240.9 miPrinces Crescent, Bare, Morecambe4
£87506/240.97 mi-3
£87504/250.97 mi-3
£1,10006/240.98 miBroadway, Morecambe4
£90004/241 miWhitby Road, Morecambe3
£95004/241.09 miThornton Road, Morecambe3
£87505/241.1 miClare Road, Lancaster, LA13
£1,54312/241.12 mi-4
£85006/241.13 miHampsfell Drive, Westgate, Morecambe, Lancashire3
£88005/241.14 miVale Road, Lancaster, LA13
£77504/241.14 miThornton Road, Morecambe, LA43
£87506/241.14 mi-3
£87505/241.14 miAughton Court, Lancaster, LA13
£75004/251.14 miHeronsyke, Lancaster, LA13
£85001/251.15 mi-3
£92504/241.19 miHampsfell Drive, Westgate3
£1,50005/241.21 miVictoria Parade, Morecambe4
£1,50008/241.21 miVictoria Parade, Morecambe4
£1,00004/241.21 miAbram Close, Lancaster3
£2,25004/241.22 mi-3
£1,95001/251.22 mi-3
£89504/241.22 mi-4
£1,10005/241.24 miCentral Avenue, Lancaster5
£80008/241.24 miWestover Street, Morecambe, LA43

Local Area Statistics

Population in LA4

26,244

Population in Morecambe

50,836

Town centre distance

1.13 miles away

Nearest school

0.20 miles away

Nearest train station

0.61 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Listed for £249,950

November 16, 2024

Sold for £83,950

2002

Floor Plans

Description

  • VIRTUAL VIEWING AVAILABLE. CLICK ON THE VIDEO TOUR ABOVE +
  • Grade II Listed Five Bedroom Mid Terrace Property In Torrisholme +
  • Lounge Dining Room, Kitchen, Sitting Room Plus Rear Garden +
  • Five Good Size Bedrooms, Family Bathroom, Two Story Outhouse +
  • Sought After Location, Close To Amenities & Transport Links +

We are delighted to offer for sale this beautiful terraced cottage, within a much sought after location of Morecambe.

The property is well presented throughout, maintaining many of the original features. The accommodation comprises; spacious lounge dining room, kitchen and sitting room. To the first floor, there are five bedrooms and a family bathroom. Externally there is a spacious garden to the rear with a two story stone built out house.

Viewing is highly recommended to appreciate the spacious accommodation on offer.

Council Tax Information: Band C

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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