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 %
- Est sale value
- 242,000.00 £Increased by 21.00 %
- Average area rental value
- 838.00 £/moIncreased by 18.19 %
- Est letting value
- 1,000.00 £/mo
- Est rental Yield
- 8.38 %Increased by 80.60 %
- Crime Rate
- 15.00 %Unchanged by 0.00 %
Agent Activity
R&B Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Morecambe And Heysham Sandylands Community Primary School | Community School | Good | 0.50 KM |
| Balmoral Children'S Centre | Children's Centre | 0.92 KM | |
| West End Primary School | Community School | Good | 1.05 KM |
| Bay Leadership Academy | Academy Sponsor Led | 1.07 KM | |
| Mossgate Primary School | Community School | Good | 1.33 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| The Prom | £ 110,000 | 0 | 0.00 KM |
| Craig Street | £ 0 | 0 | 0.00 KM |
| Saint John's Avenue | £ 300,000 | 0 | 0.00 KM |
| Back Winterdyne Terrace | £ 105,000 | 0 | 0.00 KM |
| Barnes Road | £ 215,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Morecambe | 2695 | MCM | 2.22 KM |
| Heysham Port | 2691 | HHB | 4.30 KM |
| Bare Lane | 2690 | BAR | 5.96 KM |
| Lancaster | 2685 | LAN | 9.02 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Heysham Road, Heysham, Morecambe | £ 195,000 | BUY | 4 / 10 | 0.00 KM |
| Mears Beck Close, Heysham, Morecambe, Lancashire, LA3 | £ 115,000 | BUY | 6 / 10 | 0.02 KM |
| Mears Beck Close, Heysham, Morecambe | £ 110,000 | BUY | Unknown | 0.03 KM |
| Mears Beck Close, Heysham, Morecambe | £ 120,000 | BUY | Unknown | 0.03 KM |
| Stanley Road, Heysham, Morecambe | £ 200,000 | BUY | Unknown | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 45a Sandylands Promenade | £ 166,500 | 0.09 KM |
| 40 Sandylands Promenade | £ 157,000 | 0.09 KM |
| 74 Sandylands Promenade | £ 31,000 | 0.09 KM |
| 41 Sandylands Promenade | £ 170,000 | 0.09 KM |
| 38 Sandylands Promenade | £ 183,000 | 0.09 KM |