Balmoral Road, Morecambe, LA3
LA

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 %
from 183,868.00 £
Est sale value
1,646,920.00 £
Increased by 126.19 %
from 728,112.00 £
Average area rental value
675.00 £/mo
Decreased by 16.04 %
from 804.00 £/mo
Est letting value
4,334.00 £/mo
from 0.00 £/mo
Est rental Yield
3.27 %
Decreased by 37.71 %
from 5.25 %
Crime Rate
17.00 %
Unchanged by 0.00 %
from 17.00 %

Agent Activity

  • Lancastrian Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Balmoral Children'S CentreChildren's Centre0.12 KM
West End Primary SchoolCommunity SchoolGood0.21 KM
Bay Leadership AcademyAcademy Sponsor Led0.32 KM
Morecambe And Heysham Sandylands Community Primary SchoolCommunity SchoolGood0.49 KM
St Patrick'S Catholic Primary SchoolVoluntary Aided SchoolGood1.56 KM

Images

Detached House and Coach House Welcome Home Dressing Room Hallway Impressive Features Kitchen Panelling Formal Dining Study Half Landing 4 Piece Bathroom Guest Suite Landing 3 Bathrooms Holiday Let Open Plan Annex Annex 1st Floor Feature Window Courtyard Garden Gated Driveway Driveway Parking Gated Front Front Garden 7 Bedrooms Landing 7 Bedrooms 7 Bedrooms 7 Bedrooms 3 Bathrooms Holiday Let Potential Holiday Let Ground Floor Annex Annex Shower Room

Nearby Streets

NameAverage PriceAverage SqftDistance
Clarendon Road £ 139,97500.00 KM
Limes Avenue £ 171,66700.00 KM
Grafton Road £ 000.00 KM
Fox Grove £ 000.00 KM
King's Crescent £ 173,33300.00 KM

Nearby Transport

NameNLCTLCDistance
Morecambe2695MCM1.40 KM
Heysham Port2691HHB4.97 KM
Bare Lane2690BAR5.04 KM
Lancaster2685LAN8.09 KM

Nearby Listings

AddressPriceTypeScoreDistance
Chatsworth Road, Morecambe £ 72,950BUYUnknown0.07 KM
Balmoral Road, Morecambe £ 119,950BUY6 / 100.11 KM
Alexandra Road, Morecambe, LA3 £ 250,000BUYUnknown0.13 KM
Regent Park Avenue, Morecambe, LA3 1AU £ 210,000BUYUnknown0.15 KM
Avondale Road, Heysham, Morecambe, Lancashire, LA3 £ 135,000BUY6 / 100.18 KM

Nearby Properties

AddressPriceDistance
107 Balmoral Road £ 98,0000.01 KM
109 Balmoral Road £ 140,0000.01 KM
101a Balmoral Road £ 44,9500.01 KM
103 Balmoral Road £ 325,0000.01 KM
111 Balmoral Road £ 161,0000.01 KM