3 Morecambe Road, Morecambe, LA3 3AA
FI

3 Morecambe Road, Morecambe, LA3 3AA

By Fine & Country

£ 550,000

Reviews

3 out of 5 stars

Fine & Country says ..

Standing proud in a prime and central residential location, this handsome detached house was built in 1936 and has been in the ownership of the same family since 1966. Bearing original period details of the architectural era, this is a property offering great opportunity for new owners to refr...

Property Oracle says ..

This 4-bedroom, 2-bathroom detached house located at 3 Morecambe Road, Morecambe, LA3 3AA, is a substantial property with notable period features. Built in 1936 and owned by the same family for many years, it presents a unique opportunity for buyers. The property boasts sizable rooms, including a spacious living area with exposed beams and original tiling around the fireplace. The kitchen features a noteworthy Aga stove, but the style appears dated and might benefit from modernisation to suit more contemporary tastes. The bathrooms also seem somewhat outdated and in need of some renovation. Overall, the interiors offer a blend of character and potential for improvement, giving them a homely feel, though some areas could benefit from updating. The exterior is attractive, and the property features a noticeable garden, offering more space than many others in the local area and potential for outdoor living. The location in Torrisholme offers good access to schools and transport links, making this a relatively desirable location in Morecambe. However, the asking price of £550,000 should be carefully considered within the context of comparable sales in the local area. A comprehensive valuation against other properties of comparable size and style should be undertaken, paying particular attention to the lack of available sqft data and the condition of the property. The property has great potential but may require a degree of renovation to reach its full value.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
7
Bedrooms
4
Bathrooms
2
Sqft (est)
3,262.86

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
419,000.00 £
Increased by 9.74 %
from 381,826.00 £
Est sale value
1,354,086.90 £
Increased by 2.22 %
from 1,324,721.16 £
Average area rental value
1,467.00 £/mo
Decreased by 6.50 %
from 1,569.00 £/mo
Est letting value
3,262.86 £/mo
Unchanged by 0.00 %
from 3,262.86 £/mo
Est rental Yield
4.20 %
Decreased by 14.81 %
from 4.93 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Fine & Country marked this listing as sold.

  • Fine & Country created the listing.

Nearby Schools

NameTypeOfstedDistance
Morecambe Road SchoolCommunity Special SchoolGood0.58 KM
Morecambe And Heysham Torrisholme Community Primary SchoolCommunity SchoolOutstanding0.68 KM
Great Wood Primary SchoolCommunity SchoolGood0.74 KM
Morecambe And Heysham Grosvenor Park Primary SchoolCommunity SchoolGood1.12 KM
Lancaster Road Primary SchoolCommunity SchoolGood1.24 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Heaton Close £ 000.00 KM
Westgate £ 169,95000.00 KM
Scowcroft Drive £ 000.00 KM
Harrow Grove £ 000.00 KM
Hawthorn Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bare Lane2690BAR1.00 KM
Morecambe2695MCM3.54 KM
Lancaster2685LAN3.84 KM
Heysham Port2691HHB9.11 KM

Nearby Listings

AddressPriceTypeScoreDistance
Warley Drive, Torrisholme, Morecambe £ 215,000BUYUnknown0.11 KM
Westgate, Morecambe, LA3 3LN £ 285,000BUY7 / 100.17 KM
Homfray Avenue, Torrisholme, Morecambe £ 289,950BUY8 / 100.18 KM
Homfray Avenue, Torrisholme, Morecambe £ 295,000BUY7 / 100.18 KM
Westgate, Morecambe £ 359,950BUY7 / 100.19 KM

Nearby Properties

AddressPriceDistance
12 Warley Avenue £ 53,0000.10 KM
2 Warley Avenue £ 235,0000.10 KM
10 Warley Avenue £ 172,0000.10 KM
15 Warley Avenue £ 142,0000.10 KM
3 Warley Avenue £ 170,0000.12 KM