Jennings Estate Agents says ..

Property Oracle says ..

This two-bedroom apartment in Morecambe, Lancashire, is listed at £75,000. The property is situated on Queen Square, Station Road, offering convenient access to Morecambe train station and nearby schools, including Morecambe Bay Community Primary School. The apartment’s condition appears reasonable based on the photographs, which show a clean and functional living space with a kitchen, bathroom, and two bedrooms. However, there are no indications of recent renovations or upgrades. The absence of a garden or any significant outdoor space should be noted. This property could present an attractive option for first-time buyers or investors due to its price point and location. However, potential buyers should factor in the property’s smaller size, current state and Morecambe’s overall housing market before making a decision. More detailed information on the leasehold terms, service charges, and potential tenant details would be valuable to fully assess the investment potential. A lack of plot size is a common characteristic for flats in areas with high density of properties such as this. Further investigation into local comparable sales data would help determine the accuracy of the list price relative to the current market.

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

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