3 Bed Detached House, Planning Permission, Morecambe, LA3 2TH, £270,000

Viking Way, Heysham, Morecambe, Lancashire, LA3 2TH - 2 months ago

Planning
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£75K - £287K
Sold Prices/m²£938/m² - £3.4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.9K/m²

Value Estimate

£188,706

 

 

End Value (After Refurb)

£213,750

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£18,200

Refurb Costs

£37,600

Bridging Loan Interest

£7,088

Total Cash In

£132,138

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£213,750

Mortgage (After Refinance)

£160,313

Mortgage LTV

75%

Cash Left In

£132,138

Equity

£53,438

Rent Range

£465 - £1,450

Rent Estimate

£818

Running Costs/mo

£852

Cashflow/mo

£-34

Cashflow/yr

£-403

Gross Yield

4%

Local Sold Prices

51 sold prices from £75K to £287K, average is £160K. £938/m² to £3.4K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£237K03/210 mi8, Viking Way, Heysham, Morecambe, Lancashire LA3 2TH3
£234.9K08/210.05 mi6, Saxon Heights, Heysham, Morecambe, Lancashire LA3 2TY3
£185K02/210.12 mi14, Robin Crescent, Heysham, Morecambe, Lancashire LA3 2WG3
£215K04/210.12 mi31, Robin Crescent, Heysham, Morecambe, Lancashire LA3 2WG3
£187K06/230.12 mi17, Robin Crescent, Heysham, Morecambe, Lancashire LA3 2WG3
£158K05/210.15 mi14, Combermere Road, Heysham, Morecambe, Lancashire LA3 2ST3
£235K07/230.17 mi31, Goldcrest Close, Heysham, Morecambe, Lancashire LA3 2GS3
£175K09/210.17 mi35, Middleton Road, Heysham, Morecambe, Lancashire LA3 2RY3
£182K09/210.18 mi55, Combermere Road, Heysham, Morecambe, Lancashire LA3 2SU3
£134K03/230.18 mi61, Combermere Road, Heysham, Morecambe, Lancashire LA3 2SU3
£258.4K09/220.19 mi8, Tern Grove, Heysham, Morecambe, Lancashire LA3 2WH3
£98K02/210.21 mi10, Tomlinson Road, Heysham, Morecambe, Lancashire LA3 2LS3
£145K05/210.21 mi25, Tomlinson Road, Heysham, Morecambe, Lancashire LA3 2LS3
£161K12/200.23 mi20, Skylark Close, Heysham, Morecambe, Lancashire LA3 2GW3
£120K03/230.24 mi2, Penhale Court, Heysham, Morecambe, Lancashire LA3 2PY3
£155K02/230.24 mi3, Penhale Court, Heysham, Morecambe, Lancashire LA3 2PY3
£200K09/210.25 mi38, Greenfinch Way, Heysham, Morecambe, Lancashire LA3 2GR3
£166K12/200.25 mi11, Greenfinch Way, Heysham, Morecambe, Lancashire LA3 2GR3
£157.5K12/200.25 mi7, Redwing Close, Morecambe, Lancashire LA3 2BH3
£143K02/230.26 mi7, Yealand Avenue, Heysham, Morecambe, Lancashire LA3 2LT3
£169.9K09/210.28 mi22, Warton Avenue, Heysham, Morecambe, Lancashire LA3 2LX3
£209.9K04/210.29 mi6, Lapwing Close, Heysham, Morecambe, Lancashire LA3 2DB3
£147.5K03/210.29 mi19, Yewdale Avenue, Heysham, Morecambe, Lancashire LA3 2LR3
£115K06/210.29 mi17, Yewdale Avenue, Heysham, Morecambe, Lancashire LA3 2LR3
£75K05/210.29 mi20, Laureston Avenue, Heysham, Morecambe, Lancashire LA3 2LU3
£200K06/210.29 mi5, Redshank Drive, Heysham, Morecambe, Lancashire LA3 2WF3
£147.5K02/210.3 mi2, Londonderry Road, Heysham, Morecambe, Lancashire LA3 2UT3
£140K05/230.31 mi9, Heathfoot Avenue, Heysham, Morecambe, Lancashire LA3 2TW3
£134.5K05/210.33 mi7, Smithy Lane, Heysham, Morecambe, Lancashire LA3 2QH3
£187K12/220.33 mi11, Smithy Lane, Heysham, Morecambe, Lancashire LA3 2QH3
£155K09/210.37 mi31, Connaught Road, Heysham, Morecambe, Lancashire LA3 2UU3
£147.5K04/210.37 mi14, Rothesay Road, Heysham, Morecambe, Lancashire LA3 2UP3
£160K04/230.37 mi15, Rothesay Road, Heysham, Morecambe, Lancashire LA3 2UP3
£280K01/230.37 mi4, Middleton Road, Heysham, Morecambe, Lancashire LA3 2QD3
£285K01/230.38 mi8, Nightingale Close, Heysham, Morecambe, Lancashire LA3 2FW3
£125K04/210.39 mi12, Mcdonald Road, Heysham, Morecambe, Lancashire LA3 2UX3
£100K11/200.39 mi41, Mcdonald Road, Heysham, Morecambe, Lancashire LA3 2UX3
£145K03/230.39 mi8, Mcdonald Road, Heysham, Morecambe, Lancashire LA3 2UX3
£88K07/230.39 mi17, Mcdonald Road, Heysham, Morecambe, Lancashire LA3 2UX3
£88K07/230.39 mi17, Mcdonald Road, Heysham, Morecambe, Lancashire LA3 2UX3
£100K04/210.4 mi4, Rothesay Crescent, Heysham, Morecambe, Lancashire LA3 2XR3
£285K03/230.46 mi1, Thistle Break, Heysham, Morecambe, Lancashire LA3 2FJ3
£174.9K07/210.47 mi18, Douglas Drive, Heysham, Morecambe, Lancashire LA3 2LW3
£165K05/210.48 mi10, Douglas Avenue, Heysham, Morecambe, Lancashire LA3 2LP3
£230K04/210.49 mi14, Silverdale Avenue, Heysham, Morecambe, Lancashire LA3 2JX3
£157K06/210.49 mi5, Silverdale Avenue, Heysham, Morecambe, Lancashire LA3 2JX3
£240K05/230.49 mi12, Silverdale Avenue, Heysham, Morecambe, Lancashire LA3 2JX3
£150K10/210.49 mi4, Douglas Drive, Heysham, Morecambe, Lancashire LA3 2LN3
£156K04/230.52 mi31, Heysham Mossgate Road, Heysham, Morecambe, Lancashire LA3 2JU3
£195K06/210.52 mi11, Heysham Mossgate Road, Heysham, Morecambe, Lancashire LA3 2JU3
£287K09/210.52 mi24, Heysham Mossgate Road, Heysham, Morecambe, Lancashire LA3 2JU3

Local Rents

50 rents from £465/mo to £1.4K/mo, average is £775/mo.

RentDateDistanceAddressBeds 
£85004/240.04 miDunlin Avenue, Heysham, Morecambe3
£79508/240.12 miRobin Crescent, Windermere Park, Heysham3
£95008/240.14 miMossgate Park, Heysham, Morecambe3
£90010/240.15 mi-3
£69505/240.21 miTurnstone Court, Greenfinch Way, Heysham, Morecambe2
£67507/240.24 miSkylark Close, Heysham, Morecambe2
£65007/240.24 miSkylark Close, Heysham, Morecambe2
£46512/240.24 mi-1
£46503/250.24 mi-1
£60004/240.25 miPennington Court2
£82505/240.29 mi26 Laureston Avenue, Heysham, Morecambe, LA3 2LU2
£1,10005/240.3 miDelamere Avenue, Heysham5
£77504/240.3 miDelamere Avenue, Heysham, Morecambe3
£77506/240.3 miDelamere Avenue, Heysham, Morecambe3
£1,30004/240.33 miKingfisher Drive, Heysham, Morecambe4
£67504/240.35 mi16 Middleton Road, Heysham, LA32
£79505/240.38 miMcdonald Road, Heysham2
£65008/240.43 miBrambling Drive, Heysham, LA32
£79508/240.51 miSt James Court, Heysham2
£80004/240.56 miFellside View, Heysham, Morecambe2
£1,40005/240.62 mi-4
£1,45001/250.62 mi-4
£1,40004/250.62 mi-4
£62506/240.66 miGFF, Heysham Road, Heysham, Morecambe2
£57506/240.66 miFFF Heysham Road, Heysham, Morecambe1
£62507/240.66 miGFF, Heysham Road, Heysham, Morecambe2
£47507/240.7 miWoborrow Road, Heysham, Morecambe1
£87504/240.79 miEastlands, Heysham, Morecambe, Lancashire3
£62804/240.86 mi-2
£57504/240.88 miPeplow Road, Heysham, Morecambe, Lancashire1
£67505/240.88 miGilstead Avenue, Heysham, Morecambe, Lancashire2
£59505/240.89 miMortimer Grove, Heysham, Morecambe1
£1,30004/240.99 miMiddleton Road, Middleton3
£1,10004/251.15 mi-2
£1,20005/241.17 miCarr Lane, Middleton, Morecambe3
£95007/241.19 miHale Carr Lane, Heysham, Morecambe2
£1,35004/241.3 miHeysham Road, Lancaster, Morecambe4
£55005/241.31 mi-2
£55010/241.31 mi-1
£55010/241.31 mi-1
£89506/241.33 miThe Cliffs, Heysham, Morecambe, LA32
£89507/241.33 mi-2
£80004/241.34 miHawksworth Grove, Heysham4
£85004/241.38 miWoodlands Drive, Heysham, Morecambe3
£59505/241.42 miNorton Road, Heysham, Morecambe, LA31
£59606/241.42 mi-1
£79508/241.43 miBadger Wood, Middleton2
£57506/231.56 mi-1
£60002/241.56 mi-1
£60004/241.6 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

0.10 miles away

Nearest train station

0.82 miles away

 

 

Rental growth (12m)

-2%

Sales demand

Buyer's market

Capital growth (5yrs)

+31%

Property History

Listed for £270,000

March 13, 2025

Floor Plans

Description

  • Three bedroom detached house +
  • Immaculate throughout +
  • Garage +
  • Double Driveway +
  • Utility Room +
  • Downstairs WC +
  • Master with ensuite +
  • Fantastic location for commuting +
  • Planning reffernce number : 25/00034/FUL +

Welcome to this beautifully presented three-bedroom detached house, nestled in the highly sought-after residential estate of Mossgate Park, Heysham. This exceptional property boasts a host of modern features, including a newly installed bathroom and ensuite, as well as fresh redecoration throughout, making it a perfect family home.

This accommodation is fully double glazed, gas central heated and briefly comprises: As you enter, you are greeted by a spacious and inviting hallway, complete with a convenient downstairs WC. The well-appointed living room features a charming fireplace and elegant double doors that lead into the dining room, which is bathed in natural light thanks to the patio doors opening onto the garden. Although a conservatory was previously located at the rear, its removal has paved the way for exciting possibilities, as full planning permission (reference number 25/00034/FUL) has been granted for a single-storey rear extension.

The modern kitchen is equipped with an electric oven, electric hob, and integral fridge freezer, ensuring a seamless cooking experience. Adjacent to the kitchen is a practical utility room with plumbing for a washing machine and dryer, along with a door providing direct access to the garden.

The first-floor hosts two generously sized double bedrooms, with the master boasting a stylish ensuite featuring a vanity unit. Additionally, there is a good-sized single bedroom and a contemporary family bathroom complete with an airing cupboard.

Externally, the property offers a double driveway and garage at the front, while the rear showcases a spacious wraparound garden that begins behind the garage and continues to the side and rear. This outdoor oasis features various areas, including patio spaces ideal for entertaining, lush grass areas adorned with mature fruit trees, and a wooden shed for additional storage.

This well-maintained home is a true gem, offering comfort and style in a desirable location. Don't miss the opportunity to make this stunning property your own!

Situated on the popular estate of Mossgate Park; close to local bus routes on Heysham Road, shops and local primary schools. There is easy travel links to Lancaster and the M6 (north and south) via the Bay Gateway, perfect for commuters.

Freehold
Council Tax Band – C

Agent Details

Entwistle Green, Morecambe

01524 967563

Next Steps?

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