Fine & Country says ..

Property Oracle says ..

The property is a large terraced house situated on Marine Road Central in Morecambe. The location benefits from proximity to the seafront and appears to be in a residential area. Several schools are within a short distance, including Poulton-Le-Sands Church of England Primary School and Morecambe Bay Community Primary School, both rated ‘Good’ by Ofsted. The nearby railway station provides access to Morecambe and other towns. Based on the provided images, the property appears to be a period property, retaining many original features. While it has character, the interior decor and some aspects of the property’s condition suggest it may require some modernisation and updating. The kitchen, in particular, appears dated, and the bathrooms might also benefit from refurbishment. The property includes a garden, which is a desirable feature. Considering the list price of £550,000, the average price in the area is significantly lower at £188,489. However, this property is substantially larger than average at 5,406.17 sqft compared to the average of 1,149 sqft. The average price per sqft in the area is £164.00. While the property’s size justifies a higher price, the need for potential renovation work may influence the final value. Nearby comparable properties are listed at prices ranging from £78,000 to £475,000, but their sizes are not provided, making direct comparison difficult. The lack of sqft data for these properties makes it challenging to definitively assess the list price’s reasonableness.

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

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