Raglan Road, Heysham, Morecambe
By Mighty House
£ 190,000
Reviews
2 out of 5 stars
Mighty House says ..
***INCOME PRODUCING RESIDENTIAL PROPERTY*** ***4 LETTINGS BEDROOMS *** 1 BATH*** 3 EN-SUITE SHOWER ROOMS *** ALL HAVE KITCHENETTES ***EXCELLENT LETTING HISTORY *** HEYSHAM AREA *** Character income-producing property situated with all of the amenities Heysham has to offer includ...
Property Oracle says ..
This property located on Raglan Road in Heysham, Lancashire, is a four-bedroom, four-bathroom house currently listed at £190,000. The listing describes it as an “income-producing residential property” suggesting it’s set up for rental purposes, likely with each bedroom as a self-contained unit. The provided images show a relatively straightforward interior that has seemingly undergone some modernisation. The rooms appear clean and functional with updated fixtures, but the overall aesthetic is basic. Flooring throughout appears to be modern laminate. There is a small yard/rear area, but the lack of garden space is notable. Its location in Heysham offers a reasonable level of convenience with nearby primary schools and transportation to Morecambe. The property’s income-producing potential will be a factor in its market appeal, particularly to investors. However, potential buyers should conduct thorough due diligence regarding the rental history and ongoing maintenance. The overall condition is acceptable but might require some future upgrades or renovations to command higher rents or prices. The lack of information about the exact square footage of the property and comparable listings makes it difficult to fully assess the value for money. Morecambe and surrounding areas have a varied property market, with prices influenced by location, proximity to amenities, and the overall condition of the property. This property presents as a rental investment opportunity rather than a typical family home, and its success as such will depend upon rental yield and maintenance.
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
- 6
- Land
- 2
- Bedrooms
- 4
- Bathrooms
- 4
- Sqft (est)
- 814.72
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
- 119,975.00 £Decreased by 34.61 %
- Est sale value
- 197,162.24 £Increased by 21.00 %
- Average area rental value
- 838.00 £/moIncreased by 18.19 %
- Est letting value
- 814.72 £/mo
- Est rental Yield
- 8.38 %Increased by 80.60 %
- Crime Rate
- 20.00 %Unchanged by 0.00 %
Agent Activity
Mighty House created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Morecambe And Heysham Sandylands Community Primary School | Community School | Good | 0.35 KM |
| Balmoral Children'S Centre | Children's Centre | 0.78 KM | |
| Bay Leadership Academy | Academy Sponsor Led | 0.90 KM | |
| West End Primary School | Community School | Good | 0.98 KM |
| Mossgate Primary School | Community School | Good | 1.13 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Saint John's Avenue | £ 300,000 | 0 | 0.00 KM |
| The Prom | £ 110,000 | 0 | 0.00 KM |
| Craig Street | £ 0 | 0 | 0.00 KM |
| Back Winterdyne Terrace | £ 105,000 | 0 | 0.00 KM |
| Barnes Road | £ 215,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Morecambe | 2695 | MCM | 2.19 KM |
| Heysham Port | 2691 | HHB | 4.24 KM |
| Bare Lane | 2690 | BAR | 5.88 KM |
| Lancaster | 2685 | LAN | 8.86 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Raglan Road, Heysham, Morecambe | £ 190,000 | BUY | 5 / 10 | 0.00 KM |
| Raglan Road, Heysham, Morecambe | £ 140,000 | BUY | 5 / 10 | 0.03 KM |
| Gloucester Drive, Heysham, Morecambe, Lancashire, LA3 | £ 220,000 | BUY | 6 / 10 | 0.06 KM |
| Granville Road, Heysham, Morecambe | £ 149,950 | BUY | 6 / 10 | 0.07 KM |
| Fairfield Road, Heysham, Morecambe | £ 145,000 | BUY | 6 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 10 Raglan Road | £ 65,000 | 0.04 KM |
| 20 Raglan Road | £ 72,000 | 0.04 KM |
| 1 Raglan Road | £ 80,000 | 0.04 KM |
| 4 Raglan Road | £ 69,740 | 0.04 KM |
| 55 Granville Road | £ 125,000 | 0.04 KM |