5 Bed Detached House, Planning Permission, Morecambe, LA4 6BB, £495,000

Seaborn Road, Morecambe, Lancashire, LA4 6BB - 3 months ago

Planning
~178 m²
+15 photos

ValuationOvervalued

Sold Prices£81.5K - £810K
Sold Prices/m²£622/m² - £3.4K/m²

 

 

Square Metres

~178.28 m²
Price/m²£2.8K/m²

Value Estimate

£235,243

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£123,750

Stamp Duty & Legal Fees

£28,300

Total Cash In

£152,050

 

 

Cash Out

 

Rent Range

£775 - £2,000

Rent Estimate

£875

Running Costs/mo

£1,742

Cashflow/mo

£-867

Cashflow/yr

£-10,402

Gross Yield

2%

Local Sold Prices

38 sold prices from £81.5K to £810K, average is £243.8K. £622/m² to £3.4K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£195.5K07/210.04 mi32, St Margarets Road, Morecambe, Lancashire LA4 6EF5
£630K03/220.26 mi27, Broadway, Morecambe, Lancashire LA4 5BQ5
£375K03/230.31 mi28, Queens Drive, Morecambe, Lancashire LA4 6LN5
£750K06/210.52 mi65, Broadway, Morecambe, Lancashire LA4 5XX5
£135K04/230.53 mi44, Arnside Crescent, Morecambe, Lancashire LA4 5PW5
£180K10/220.53 mi46, Arnside Crescent, Morecambe, Lancashire LA4 5PW5
£182.3K11/210.56 mi91, Thornton Road, Morecambe, Lancashire LA4 5PG5
£168.5K11/200.58 mi19, Hornby Terrace, Morecambe, Lancashire LA4 5QB5
£363K08/210.61 mi188, Lancaster Road, Morecambe, Lancashire LA4 5TL5
£147.5K06/230.66 mi191, Lancaster Road, Morecambe, Lancashire LA4 5QR5
£147.5K11/210.71 mi105, Lancaster Road, Morecambe, Lancashire LA4 5QJ5
£126K07/210.78 mi21, Kensington Road, Morecambe, Lancashire LA4 5LU5
£425K12/220.8 mi2, Buseph Drive, Morecambe, Lancashire LA4 6PQ5
£137K02/210.86 mi15, Green Street, Morecambe, Lancashire LA4 5HN5
£137.5K11/210.87 mi32, Clarence Street, Morecambe, Lancashire LA4 5EX5
£81.5K11/210.97 mi202, Euston Grove, Morecambe, Lancashire LA4 5LJ5
£335K09/221.09 mi44, Hadrian Road, Morecambe, Lancashire LA3 3BX5
£379.9K12/201.35 mi1, Trent Close, Morecambe, Lancashire LA3 3SR5
£300K11/201.42 mi5, Calder Way, Morecambe, Lancashire LA3 3RX5
£270K05/211.47 mi17, Albany Road, Morecambe, Lancashire LA4 4JY5
£405K03/211.48 miMowbrick Farmhouse, Mowbrick Lane, Hest Bank, Lancaster, Lancashire LA2 6DL5
£375K01/231.5 mi21, Winster Park, Lancaster, Lancashire LA1 5TH5
£250K08/211.52 mi30, Cathedral Drive, Heaton With Oxcliffe, Morecambe, Lancashire LA3 3RE5
£88K11/201.53 mi18, Westminster Road, Morecambe, Lancashire LA4 4JB5
£235K06/211.55 mi6, Highfield Crescent, Morecambe, Lancashire LA4 4DH5
£800K01/211.58 mi5, Prospect Drive, Hest Bank, Lancaster, Lancashire LA2 6HX5
£655K10/231.63 mi8, Coastal Drive, Hest Bank, Lancaster, Lancashire LA2 6HH5
£500K01/211.67 mi18, Hanging Green Lane, Hest Bank, Lancaster, Lancashire LA2 6JB5
£205K01/231.72 mi121, Westminster Road, Morecambe, Lancashire LA3 1SG5
£172K07/211.73 mi73, Clarendon Road West, Morecambe, Lancashire LA3 1QY5
£237.5K06/231.78 mi127, Chatsworth Road, Morecambe, Lancashire LA3 1BL5
£98K10/211.78 mi153, Westminster Road, Morecambe, Lancashire LA3 1SJ5
£158K06/231.78 mi125, Westminster Road, Morecambe, Lancashire LA3 1SJ5
£431K05/231.81 mi29, Marine Road West, Morecambe, Lancashire LA3 1BY5
£485K10/211.89 miPeel Grange, Green Lane, Lancaster, Lancashire LA1 2ES5
£115K03/211.94 mi68, Sefton Road, Heysham, Morecambe, Lancashire LA3 1UB5
£810K05/231.94 mi3, Ashworth Drive, Hest Bank, Lancaster, Lancashire LA2 6EY5
£322K03/211.97 mi4, Madison Avenue, Bolton Le Sands, Carnforth, Lancashire LA5 8JN5

Local Rents

13 rents from £775/mo to £2K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£95004/240.15 miPrinces Crescent, Bare, Morecambe4
£1,30005/240.23 miLichfield Avenue, Bare3
£1,10006/240.25 miBroadway, Morecambe4
£2,00002/240.26 mi-4
£85001/250.46 mi-3
£77504/240.49 miThornton Road, Morecambe, LA43
£1,50005/240.5 miVictoria Parade, Morecambe4
£1,50008/240.5 miVictoria Parade, Morecambe4
£1,45007/240.53 miMarine Road East, Morecambe, LA43
£1,20007/240.53 miBroadway, Morecambe4
£1,20007/240.53 miBroadway, Morecambe4
£90004/240.56 miMichaelson Avenue, Morecambe, LA43
£95004/240.56 miThornton Road, Morecambe3

Local Area Statistics

Population in LA4

26,244

Population in Morecambe

50,836

Town centre distance

0.91 miles away

Nearest school

0.30 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Listed for £495,000

January 20, 2025

Floor Plans

Description

  • Five bedroom detached house +
  • Open plan living dining room +
  • Seperate sitting room +
  • Five bedrooms +
  • Four bathroms +
  • Master with ensuite and walk in wardrobe +
  • Spacious throughout +
  • Large rear garden +
  • Garage with option to park +
  • Previous planning permission granted in 2015 REF: 15/00108/FUL +

Rare opportunity to acquire a unique five-bedroom detached house in bare

We are delighted to present this exceptional five-bedroom detached house, a true gem dating back to the 1920s. Crafted with repurposed stone from a former Manor House, this residence boasts distinctive architectural features that set it apart from the rest. Nestled in a highly desirable location in Bare, this property offers both charm and modernity.

This accommodation is fully double glazed, gas central heated and briefly comprises: As you step inside, you are greeted by a large and welcoming hallway that leads to an open plan living and dining room. This bright space is enhanced by a beautiful bay window and a stunning feature fireplace, perfect for cozy gatherings. Adjacent to this is a sitting room, also featuring a bay window and a charming fireplace, providing a perfect retreat for relaxation. The modern galley kitchen is well-appointed with ample storage, complemented by a utility room and a convenient downstairs shower room.

On the first floor, you will find three generously sized double bedrooms. The master bedroom is a standout, featuring a walk-in wardrobe and a four-piece ensuite bathroom. Bedroom two is equipped with built-in wardrobes, ensuring plenty of storage space, while a family bathroom and a utility room with purpose built airing cupboard including a low wattage electric heater, plumbing for a washing machine and dryer complete this level.

The second floor reveals two additional double bedrooms, with one spanning the entire width of the second floor, showcasing exposed chimney brickwork that adds character and warmth. A well-appointed shower room serves this floor, making it a perfect retreat for guests or family members.

Externally, the property is framed by a beautiful stone wall and a gated entrance, leading to a low-maintenance and well-kept front garden. The rear garden is deceptively spacious, featuring various areas for relaxation, including a mature garden, a patio area, and a cozy sitting area. For added convenience, there is a detached rear garage with car access from the back, providing off street parking, as well as a connecting outbuilding for extra storage.

It's worth noting that planning permission was granted in 2015 to remove the garage and outbuilding, allowing for the construction of a two-storey detached building with a garage below and studio accommodation on the first floor.

This property is located in an attractive residential area; walking distance to a range of amenities on Princes Crescent. The property also enjoys good access to nearby Bare Lane railway station, the seafront and promenade. Situated within the catchment area of the sought after Great Wood Primary School and benefiting from good local transport links to Morecambe town centre and the surrounding area. There is easy travel links to the M6 via the Bay Gateway.

Freehold
Council Tax Band - F

Agent Details

Entwistle Green, Morecambe

01524 967563

Next Steps?

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