Cinnabar House
FI

Cinnabar House

By Fisher Wrathall

£ 87,000

Reviews

2 out of 5 stars

Fisher Wrathall says ..

Two Bedroom Duplex Apartment | *NO CHAIN* | Secondary Glazed and Electric Heating Throughout | Spacious Living Area | Well Presented Three Piece Bathroom Suite | Residents Private Car Park | Close To Local Amenities | Short Walk to Morecambe Promenade 

Property Oracle says ..

This property is a two-bedroom flat located in Poulton, Lancaster. The flat is situated in a converted building, as evidenced by the architectural style visible in the exterior photos. While the interior photos show a functional space, the overall condition appears to be average. The property benefits from being close to several schools, including Morecambe Bay Community Primary School (rated Good by Ofsted) and Poulton-Le-Sands Church of England Primary School (also rated Good). Transportation links are also relatively convenient, with Morecambe train station being less than a kilometer away. The list price of £87,000 is significantly below the average price for the area (£188,489), but this might be justified by the smaller size of the property (795 sqft compared to the average of 1149 sqft) and the lack of external space. The average price per sqft in the area is £164, which is higher than what this property would suggest. However, considering comparable properties in the area, the price seems reasonable for a smaller flat in this location.

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
7
Condition
6
Location
7
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
794.78
Lot (est)
884.60

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
235,000.00 £
Increased by 16.61 %
from 201,531.00 £
Est sale value
192,336.76 £
Increased by 77.94 %
from 108,090.08 £
Average area rental value
1,288.00 £/mo
Increased by 41.07 %
from 913.00 £/mo
Est letting value
794.78 £/mo
from 0.00 £/mo
Est rental Yield
6.58 %
Increased by 20.96 %
from 5.44 %
Crime Rate
41.00 %
Unchanged by 0.00 %
from 41.00 %

Agent Activity

  • Fisher Wrathall created the listing.

Nearby Schools

NameTypeOfstedDistance
Morecambe Bay Community Primary SchoolCommunity SchoolGood0.13 KM
Poulton Children'S CentreChildren's Centre0.16 KM
Poulton-Le-Sands Church Of England Primary SchoolVoluntary Aided SchoolGood0.42 KM
St Mary'S Catholic Primary School, MorecambeVoluntary Aided SchoolGood0.94 KM
Morecambe Bay AcademyAcademy Sponsor Led1.30 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Washington Avenue £ 79,95000.00 KM
Hanover Street £ 140,00000.00 KM
Hall Street £ 135,00000.00 KM
Matthias Street £ 000.00 KM
Baxtergate £ 185,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Morecambe2695MCM0.88 KM
Bare Lane2690BAR2.92 KM
Lancaster2685LAN6.57 KM
Heysham Port2691HHB7.19 KM

Nearby Listings

AddressPriceTypeScoreDistance
Cinnabar House, Poulton Road £ 80,000BUY4 / 100.00 KM
Cinnabar House, Poulton Road, LA4 5BW £ 95,000BUY5 / 100.00 KM
Cinnabar House £ 87,000BUY5 / 100.00 KM
Cinnabar House, Poulton Road £ 87,000BUY5 / 100.00 KM
Cinnabar House £ 83,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
59 Clarence Street £ 102,0000.03 KM
53 Clarence Street £ 45,0000.03 KM
61 Clarence Street £ 98,0000.03 KM
57 Clarence Street £ 147,0000.03 KM
56 Green Street £ 70,0000.04 KM