Raglan Road, Heysham, Morecambe
MI

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 %
from 183,474.00 £
Est sale value
197,162.24 £
Increased by 21.00 %
from 162,944.00 £
Average area rental value
838.00 £/mo
Increased by 18.19 %
from 709.00 £/mo
Est letting value
814.72 £/mo
from 0.00 £/mo
Est rental Yield
8.38 %
Increased by 80.60 %
from 4.64 %
Crime Rate
20.00 %
Unchanged by 0.00 %
from 20.00 %

Agent Activity

  • Mighty House created the listing.

Nearby Schools

NameTypeOfstedDistance
Morecambe And Heysham Sandylands Community Primary SchoolCommunity SchoolGood0.35 KM
Balmoral Children'S CentreChildren's Centre0.78 KM
Bay Leadership AcademyAcademy Sponsor Led0.90 KM
West End Primary SchoolCommunity SchoolGood0.98 KM
Mossgate Primary SchoolCommunity SchoolGood1.13 KM

Images

Raglan Road Kitchen Bedroom One En-Suite Shower Room Lounge/Diner Entrance Hallway First Floor Landing Bedroom Two Bathroom Bedroom Three En-Suite Shower Room Outside Outside

Nearby Streets

NameAverage PriceAverage SqftDistance
Saint John's Avenue £ 300,00000.00 KM
The Prom £ 110,00000.00 KM
Craig Street £ 000.00 KM
Back Winterdyne Terrace £ 105,00000.00 KM
Barnes Road £ 215,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Morecambe2695MCM2.19 KM
Heysham Port2691HHB4.24 KM
Bare Lane2690BAR5.88 KM
Lancaster2685LAN8.86 KM

Nearby Listings

AddressPriceTypeScoreDistance
Raglan Road, Heysham, Morecambe £ 190,000BUY5 / 100.00 KM
Raglan Road, Heysham, Morecambe £ 140,000BUY5 / 100.03 KM
Gloucester Drive, Heysham, Morecambe, Lancashire, LA3 £ 220,000BUY6 / 100.06 KM
Granville Road, Heysham, Morecambe £ 149,950BUY6 / 100.07 KM
Fairfield Road, Heysham, Morecambe £ 145,000BUY6 / 100.07 KM

Nearby Properties

AddressPriceDistance
10 Raglan Road £ 65,0000.04 KM
20 Raglan Road £ 72,0000.04 KM
1 Raglan Road £ 80,0000.04 KM
4 Raglan Road £ 69,7400.04 KM
55 Granville Road £ 125,0000.04 KM