2 Balmoral Road, Morecambe
FA

2 Balmoral Road, Morecambe

By Farrell Heyworth

£ 79,950

Reviews

2 out of 5 stars

Farrell Heyworth says ..

**VIRTUAL VIEWING AVAILABLE. CLICK ON THE VIDEO TOUR ABOVE** . Three Bedroom First Floor Flat in Morecambe. Lounge, Kitchen Dining Room & Bathroom. Three Good Size Bedrooms, Intercom System. Great Location, Close to Local Amenities And Transport Links.

Property Oracle says ..

This three-bedroom first-floor flat in Morecambe, located on Balmoral Road, offers potential buyers a property in a convenient location, close to the Morecambe train station and several schools. The property is advertised as having three good-sized bedrooms, a lounge, kitchen-diner, and bathroom. The nearby streets’ average prices suggest potential for capital growth, especially if the property undergoes some renovation. However, the property’s condition requires some attention. Several rooms have noticeable wear and tear visible in the photographs, and cosmetic improvements would likely enhance its appeal. The complete lack of outdoor space and a garden is a significant drawback, potentially impacting its value compared to properties with similar characteristics and features. The listed price of £79,950 is within the range of recent sales on Balmoral Road, though without the square footage of these comparables, a proper price-per-square-foot analysis is impossible. Overall, this property presents an opportunity for a buyer willing to undertake some renovations and is perfectly placed for convenient living in Morecambe. The absence of a garden and noticeable wear and tear must be considered.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
7
Land
1
Bedrooms
3
Bathrooms
1
Sqft (est)
857.24

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
247,500.00 £
Increased by 34.61 %
from 183,868.00 £
Est sale value
325,751.20 £
Increased by 126.19 %
from 144,016.32 £
Average area rental value
675.00 £/mo
Decreased by 16.04 %
from 804.00 £/mo
Est letting value
857.24 £/mo
from 0.00 £/mo
Est rental Yield
3.27 %
Decreased by 37.71 %
from 5.25 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Farrell Heyworth created the listing.

Nearby Schools

NameTypeOfstedDistance
West End Primary SchoolCommunity SchoolGood0.84 KM
Balmoral Children'S CentreChildren's Centre1.09 KM
Bay Leadership AcademyAcademy Sponsor Led1.14 KM
Poulton Children'S CentreChildren's Centre1.25 KM
Morecambe Bay Community Primary SchoolCommunity SchoolGood1.31 KM

Images

External Lounge Lounge view 2 Bedroom 2 Kitchen dining room Kitchen dining room Bedroom 1 Bedroom 3 Bathroom Hall

Nearby Streets

NameAverage PriceAverage SqftDistance
Windsor Avenue £ 300,00000.00 KM
A Flock Of Words £ 000.00 KM
West View Road £ 000.00 KM
Edward Street £ 000.00 KM
Back West End Road North £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Morecambe2695MCM0.41 KM
Bare Lane2690BAR4.09 KM
Heysham Port2691HHB5.97 KM
Lancaster2685LAN7.40 KM

Nearby Listings

AddressPriceTypeScoreDistance
2 Balmoral Road, Morecambe £ 79,950BUY5 / 100.00 KM
West End Road, Morecambe £ 195,000BUY6 / 100.11 KM
West End Road, Morecambe, LA4 4DY £ 224,950BUY7 / 100.11 KM
West End Road, Morecambe, Lancashire £ 60,000BUY5 / 100.15 KM
Regent Park Grove, Morecambe £ 230,000BUY7 / 100.16 KM

Nearby Properties

AddressPriceDistance
16a Balmoral Road £ 38,0000.01 KM
12 Balmoral Road £ 82,0000.01 KM
14a Balmoral Road £ 73,5000.01 KM
1 Balmoral Road £ 82,0000.01 KM
22 Balmoral Road £ 137,5000.01 KM