Heysham Road, Heysham, Morecambe
R&

Heysham Road, Heysham, Morecambe

By R&B Estate Agents

£ 195,000

Reviews

2 out of 5 stars

R&B Estate Agents says ..

GROUND FLOOR SHOP SPACE AND TWO BEDROOM FIRST FLOOR FLAT - FLAT TENANT IN SITU Nestled on Heysham Road in the charming area of Morecambe, this end terrace property presents a unique opportunity for both investors and those seeking a home with added commercial potential. The property comp...

Property Oracle says ..

This property at Heysham Road, Heysham, Morecambe, LA3 1DH, is a mixed-use building combining a shop space and a two-bedroom flat. The property is listed by R&B Estate Agents for £195,000. The provided photographs reveal a property requiring substantial renovation. The shop area is largely vacant, with damaged flooring and walls, and appears to have been used for storage. The residential portion of the property shows a mix of habitable and dilapidated areas. One bathroom is relatively well-maintained, while other areas are in significant disrepair, including a kitchen with damaged tiling and exposed brickwork. The exterior of the property appears to be in relatively better condition compared to the interior. The property’s location near the coast is appealing, however, the street itself seems to lack the charm of some other surrounding areas. The small yard contains discarded appliances, detracting from the overall appearance and suggesting the need for waste clearance. The property’s proximity to Morecambe offers access to amenities and transport. The price of £195,000 requires consideration of the extensive renovation costs alongside the potential rental income from both the flat and shop spaces. Ultimately, this presents a project-based opportunity for buyers willing to undertake significant refurbishment.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
6
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
1,000.00

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
119,975.00 £
Decreased by 34.61 %
from 183,474.00 £
Est sale value
242,000.00 £
Increased by 21.00 %
from 200,000.00 £
Average area rental value
838.00 £/mo
Increased by 18.19 %
from 709.00 £/mo
Est letting value
1,000.00 £/mo
from 0.00 £/mo
Est rental Yield
8.38 %
Increased by 80.60 %
from 4.64 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • R&B Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Morecambe And Heysham Sandylands Community Primary SchoolCommunity SchoolGood0.50 KM
Balmoral Children'S CentreChildren's Centre0.92 KM
West End Primary SchoolCommunity SchoolGood1.05 KM
Bay Leadership AcademyAcademy Sponsor Led1.07 KM
Mossgate Primary SchoolCommunity SchoolGood1.33 KM

Images

IMG_4037.jpg IMG_4039.jpg IMG_4015.jpg IMG_4017.jpg IMG_4024.jpg IMG_4025.jpg IMG_4021.jpg IMG_4022.jpg IMG_4014.jpg IMG_4018.jpg IMG_4016.jpg IMG_4023.jpg IMG_4026.jpg IMG_4019.jpg IMG_4020.jpg IMG_4028.jpg IMG_4030.jpg IMG_4032.jpg IMG_4027.jpg IMG_4029.jpg IMG_4033.jpg IMG_4034.jpg IMG_4035.jpg IMG_4038.jpg IMG_4040.jpg IMG_4041.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
The Prom £ 110,00000.00 KM
Craig Street £ 000.00 KM
Saint John's Avenue £ 300,00000.00 KM
Back Winterdyne Terrace £ 105,00000.00 KM
Barnes Road £ 215,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Morecambe2695MCM2.22 KM
Heysham Port2691HHB4.30 KM
Bare Lane2690BAR5.96 KM
Lancaster2685LAN9.02 KM

Nearby Listings

AddressPriceTypeScoreDistance
Heysham Road, Heysham, Morecambe £ 195,000BUY4 / 100.00 KM
Mears Beck Close, Heysham, Morecambe, Lancashire, LA3 £ 115,000BUY6 / 100.02 KM
Mears Beck Close, Heysham, Morecambe £ 110,000BUYUnknown0.03 KM
Mears Beck Close, Heysham, Morecambe £ 120,000BUYUnknown0.03 KM
Stanley Road, Heysham, Morecambe £ 200,000BUYUnknown0.03 KM

Nearby Properties

AddressPriceDistance
45a Sandylands Promenade £ 166,5000.09 KM
40 Sandylands Promenade £ 157,0000.09 KM
74 Sandylands Promenade £ 31,0000.09 KM
41 Sandylands Promenade £ 170,0000.09 KM
38 Sandylands Promenade £ 183,0000.09 KM