2 Bed Terraced House, Single Let, Morecambe, LA4 6LZ, £180,000

Lancaster Road, Morecambe, LA4 6LZ - a month ago

BTL
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£105K - £265K
Sold Prices/m²£1.5K/m² - £4.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£194,911
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£10,200

Total Cash In

£55,200

 

 

Cash Out

 

Rent Range

£545 - £1,750

Rent Estimate

£594

Running Costs/mo

£701

Cashflow/mo

£-107

Cashflow/yr

£-1,288

Gross Yield

4%

Local Sold Prices

50 sold prices from £105K to £265K, average is £181K. £1.5K/m² to £4.7K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£121K11/200.01 mi375, Lancaster Road, Morecambe, Lancashire LA4 6LZ2
£122.5K08/210.01 mi1, Back Grove Terrace, Morecambe, Lancashire LA4 6NF2
£120K09/210.02 mi310, Lancaster Road, Morecambe, Lancashire LA4 6LY2
£225K07/230.05 mi27, Kendal Drive, Morecambe, Lancashire LA4 6NE2
£154K06/210.09 mi7, Repton Avenue, Morecambe, Lancashire LA4 6RZ2
£145K06/210.09 mi33, Lonsdale Avenue, Morecambe, Lancashire LA4 6RY2
£185K11/200.1 mi70, Norwood Drive, Morecambe, Lancashire LA4 6LU2
£154K06/210.11 mi7, Repton Avenue, Morecambe, Lancashire LA4 6RZ2
£119K04/230.11 mi397, Lancaster Road, Morecambe, Lancashire LA4 6NB2
£179.9K12/210.13 mi7, Garfield Drive, Morecambe, Lancashire LA4 6NH2
£164K11/200.2 mi5, Homfray Grove, Morecambe, Lancashire LA3 3AQ2
£265K10/220.22 mi58, Slyne Road, Morecambe, Lancashire LA4 6PD2
£235K11/220.23 mi2, Warley Avenue, Morecambe, Lancashire LA3 3AR2
£150K01/210.25 mi19, Michaelson Avenue, Morecambe, Lancashire LA4 6SD2
£220K04/230.25 mi19, Michaelson Avenue, Morecambe, Lancashire LA4 6SD2
£184.9K04/210.26 mi22, Lonsdale Road, Morecambe, Lancashire LA4 6SZ2
£210K01/210.26 mi24, Lowther Avenue, Morecambe, Lancashire LA3 3AH2
£225K07/230.27 mi45, Strickland Drive, Morecambe, Lancashire LA4 6TE2
£173K02/230.3 mi21, Mattock Crescent, Morecambe, Lancashire LA4 6QT2
£172K12/200.31 mi6, Stanhope Avenue, Morecambe, Lancashire LA3 3AJ2
£182K04/210.33 mi139, Bare Lane, Morecambe, Lancashire LA4 6RR2
£180K01/210.34 mi52, Kayswell Road, Morecambe, Lancashire LA4 6PY2
£225K04/230.35 mi60, Anstable Road, Morecambe, Lancashire LA4 6TH2
£239K06/210.36 mi23, Sizergh Road, Morecambe, Lancashire LA4 6TL2
£265K12/200.36 mi21, Sizergh Road, Morecambe, Lancashire LA4 6TL2
£189.5K08/230.37 mi4, Brampton Drive, Morecambe, Lancashire LA4 6QS2
£239.5K12/220.38 mi25, Strickland Drive, Morecambe, Lancashire LA4 6TD2
£105K11/200.39 mi35, Monkswood Avenue, Morecambe, Lancashire LA4 6TW2
£122K03/230.39 mi37, Monkswood Avenue, Morecambe, Lancashire LA4 6TW2
£162K05/230.42 mi5, Azalea Grove, Morecambe, Lancashire LA4 6TU2
£170K09/220.46 mi6, Wenning Court, Morecambe, Lancashire LA3 3SH2
£185K04/230.46 mi111, Beaufort Road, Morecambe, Lancashire LA4 6UB2
£220K02/210.47 mi274, Torrisholme Road, Lancaster, Lancashire LA1 2TU2
£239.9K09/210.48 mi8, The Coppice, Morecambe, Lancashire LA4 6TS2
£225K02/210.48 mi14, The Coppice, Morecambe, Lancashire LA4 6TS2
£159K11/220.49 mi20, Severn Court, Morecambe, Lancashire LA3 3ST2
£233K12/220.5 mi18, Redwood Drive, Morecambe, Lancashire LA4 6TP2
£213.6K03/230.5 mi118, Low Lane, Morecambe, Lancashire LA4 6PS2
£190K07/230.5 mi60, Beaufort Road, Morecambe, Lancashire LA4 6UA2
£250K06/230.5 mi7, St Annes Avenue, Morecambe, Lancashire LA4 6RE2
£220K04/230.5 mi15, St Annes Avenue, Morecambe, Lancashire LA4 6RE2
£155K02/210.53 mi12, Dunsop Gardens, Morecambe, Lancashire LA3 3SL2
£180K01/210.53 mi31, Fulwood Drive, Morecambe, Lancashire LA4 6QX2
£156K06/230.53 mi15, Leycester Drive, Lancaster, Lancashire LA1 5HW2
£164K12/200.54 mi7, Marton Drive, Morecambe, Lancashire LA4 6RB2
£162.5K03/210.54 mi13, Marton Drive, Morecambe, Lancashire LA4 6RB2
£195K11/210.54 mi7, St Celias Way, Morecambe, Lancashire LA4 6SP2
£155K11/200.55 mi8, Victor Avenue, Morecambe, Lancashire LA4 6JX2
£179.9K12/220.56 mi2, Winthorpe Avenue, Morecambe, Lancashire LA4 4RE2
£234.9K12/220.56 mi86, South Road, Morecambe, Lancashire LA4 6JS2

Local Rents

49 rents from £545/mo to £1.8K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£80008/240 miLancaster Road, Torrisholme, Morecambe2
£75008/240.39 miLoweswater Drive, Morecambe2
£85005/240.44 miAnstable Road, Morecambe2
£75009/240.46 mi-2
£75008/240.46 miMorecambe, Morecambe, LA32
£90010/240.53 mi-2
£90005/240.63 miWillow Grove, Morecambe2
£77505/240.71 miLeamington Road, Westgate, Morecambe2
£87507/240.73 miSulby Grove, Morecambe2
£87507/240.73 miSulby Grove, Morecambe2
£95007/240.76 miSunnyfield Avenue, Morecambe2
£77508/240.79 miGleneagles Drive, Morecambe2
£70007/240.81 mi-2
£85010/240.81 mi-2
£75007/240.82 miTudor Grove, Morecambe2
£85004/250.89 mi-2
£95006/240.89 miSt. Christophers Way, Bare, Morecambe2
£72504/240.91 miLansdowne Grove, Morecambe2
£72504/240.91 miLansdowne Grove, Morecambe2
£75007/240.92 miFlat 2 The Channings, 455 Marine Road East, Morecambe, LA4 6AD2
£72505/240.93 mi6 The Craggs, 457 - 459 Marine Road East, Morecambe2
£87502/240.95 mi-2
£75007/240.96 miElm Grove, Bare, Morecambe, Lancashire2
£1,25005/240.98 miBroadway One, Dallam Avenue, Morecambe2
£79504/240.98 miLeyster Street, Morecambe2
£95012/241.02 mi-2
£95012/241.02 mi-2
£85003/241.03 mi-2
£85003/251.03 mi-2
£80004/251.03 mi-2
£85004/241.03 miArnside Crescent, Morecambe, LA42
£95005/241.04 mi-2
£80005/241.06 mi-2
£1,75012/241.06 mi-2
£77507/241.06 miAshton Road, Morecambe2
£65005/241.08 miBeaumont Park, Lancaster, LA12
£57501/251.09 mi-2
£92506/241.09 miDorchester Gardens, Westgate, Morecambe, Lancashire, LA32
£82505/241.1 miHazelmere Marine Road East, Morecambe2
£70004/241.1 mi-2
£75012/231.1 mi-2
£95006/241.11 miNew Quay Road, Lancaster2
£70004/241.15 miSchola Green Lane, Morecambe, Lancashire2
£72508/241.16 miWestgate, Westgate, Morecambe, Lancashire2
£54508/241.2 mi-2
£85005/241.21 miCowdrey Mews, Lancaster, LA12
£85002/251.21 mi-2
£67504/241.23 miAtherton Road, Lancaster, LA12
£77508/241.24 miRose Street, Morecambe2

Local Area Statistics

Population in LA4

26,244

Population in Morecambe

50,836

Town centre distance

1.04 miles away

Nearest school

0.20 miles away

Nearest train station

0.62 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Listed for £180,000

March 21, 2025

Floor Plans

Description

  • Bay Fronted Terraced House +
  • 2 Generous Bedrooms +
  • Open Plan Lounge Diner +
  • Sleek, Modern Kitchen +
  • Stylish 4 Piece Bathroom +
  • Fresh, Modern Décor Throughout +
  • Courtyard Garden +
  • Sought After Torrisholme Village +
  • Great Local Amenities +
  • Transport & Travel Links +

Immaculately presented 2-bedroom bay-fronted terraced house offers a perfect blend of modern design and comfort. The property boasts two generous bedrooms, an open-plan lounge diner, and a sleek, modern kitchen. The stylish four-piece bathroom, along with fresh, modern décor throughout, adds a touch of elegance to this charming home. The property also features a courtyard garden, offering a tranquil outdoor space for relaxation or entertaining guests.

EPC Rating: D The House The smart front door opens to a welcoming hallway at this immaculate bay fronted home. Slate effect laminate flooring complements the fresh white décor and a door opens to a generous open plan living space. The lounge, dining room and kitchen flow beautifully with walnut effect laminate flooring and fresh light and grey décor. The bay front lounge area is to the front and has a focal point of a wall mounted, electric pebble flame effect fire. An archway connects lounge and dining areas. There is an under stair storage cupboard and a door with glazed panels opens to the kitchen. The kitchen has a grey theme and enjoys an integrated eye level oven and four ring gas hob. The double glazed back door opens to a sun trap garden. Upstairs are two generous bedrooms and a stylish four piece bathroom with corner shower enclosure, bath, wash basin and low flush WC. Garden The rear garden has walled boundaries and a garden gate allows access at the rear. A flagged courtyard provides the perfect low maintenance garden in which to enjoy the sun.

Agent Details

Lancastrian Estates, Lancaster

01524 967571

Next Steps?

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