Balmoral Road, Morecambe, LA3
By Lancastrian Estates
£ 595,000
Reviews
2 out of 5 stars
Lancastrian Estates says ..
Magnificent 7-bed detached house with annexe, original features, stylish interior design, garden, driveway with electric gates & EV charger. Airbnb potential.
Property Oracle says ..
This seven-bedroom, three-bathroom property situated on Balmoral Road, Morecambe, presents a unique opportunity within the UK housing market. The property is a sizeable family home boasting a large floor area of 4,334 square feet. Images reveal several well-appointed rooms including what appears to be a recently renovated kitchen and at least one modern bathroom. The house maintains period architectural features like high ceilings and ornate woodwork, which may add to its desirability for some buyers. Notably, the property benefits from its proximity to local amenities, including schools and a train station, making it convenient for families. However, Morecambe as a town may not hold the same prestige or demand as certain other locations across the UK. A significant consideration is that the list price of £595,000 appears high compared to other houses in the immediate vicinity, even taking into account its age and size. The limited plot size, primarily comprised of a gravel driveway and some lawn, is also a noticeable factor. Potential buyers should carefully consider the area and compare the price to similar properties in the Morecambe region before making a decision. A survey would also be crucial to fully assess its structural integrity before purchasing.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 7
- Location
- 7
- Land
- 3
- Bedrooms
- 7
- Bathrooms
- 3
- Sqft (est)
- 4,334.00
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
- 247,500.00 £Increased by 34.61 %
- Est sale value
- 1,646,920.00 £Increased by 126.19 %
- Average area rental value
- 675.00 £/moDecreased by 16.04 %
- Est letting value
- 4,334.00 £/mo
- Est rental Yield
- 3.27 %Decreased by 37.71 %
- Crime Rate
- 17.00 %Unchanged by 0.00 %
Agent Activity
Lancastrian Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Balmoral Children'S Centre | Children's Centre | 0.12 KM | |
| West End Primary School | Community School | Good | 0.21 KM |
| Bay Leadership Academy | Academy Sponsor Led | 0.32 KM | |
| Morecambe And Heysham Sandylands Community Primary School | Community School | Good | 0.49 KM |
| St Patrick'S Catholic Primary School | Voluntary Aided School | Good | 1.56 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Clarendon Road | £ 139,975 | 0 | 0.00 KM |
| Limes Avenue | £ 171,667 | 0 | 0.00 KM |
| Grafton Road | £ 0 | 0 | 0.00 KM |
| Fox Grove | £ 0 | 0 | 0.00 KM |
| King's Crescent | £ 173,333 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Morecambe | 2695 | MCM | 1.40 KM |
| Heysham Port | 2691 | HHB | 4.97 KM |
| Bare Lane | 2690 | BAR | 5.04 KM |
| Lancaster | 2685 | LAN | 8.09 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Chatsworth Road, Morecambe | £ 72,950 | BUY | Unknown | 0.07 KM |
| Balmoral Road, Morecambe | £ 119,950 | BUY | 6 / 10 | 0.11 KM |
| Alexandra Road, Morecambe, LA3 | £ 250,000 | BUY | Unknown | 0.13 KM |
| Regent Park Avenue, Morecambe, LA3 1AU | £ 210,000 | BUY | Unknown | 0.15 KM |
| Avondale Road, Heysham, Morecambe, Lancashire, LA3 | £ 135,000 | BUY | 6 / 10 | 0.18 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 107 Balmoral Road | £ 98,000 | 0.01 KM |
| 109 Balmoral Road | £ 140,000 | 0.01 KM |
| 101a Balmoral Road | £ 44,950 | 0.01 KM |
| 103 Balmoral Road | £ 325,000 | 0.01 KM |
| 111 Balmoral Road | £ 161,000 | 0.01 KM |