Parliament Street, Morecambe
FA

Parliament Street, Morecambe

By Farrell Heyworth

£ 120,000

Reviews

2 out of 5 stars

Farrell Heyworth says ..

**VIRTUAL VIEWING AVAILABLE. CLICK ON THE VIDEO TOUR ABOVE**. Large Three Store Mid Terrace House . Ideal For Multi Family Use In Prime Location Just Off Regent Road. Cellar Room And Rear Yard. No Chain - Ideal Eden Project Investment.

Property Oracle says ..

This five-bedroom property located on Parliament Street in Morecambe presents a mixed bag for potential buyers. The property’s main appeal lies in its location, close to schools (West End Primary and Morecambe and Heysham Sandylands are both rated ‘Good’ by Ofsted), and approximately 1.5km from Morecambe Train Station providing access to other parts of Lancashire and beyond. The proximity to the sea front adds further to its attraction. However, the property is in clear need of renovation. The photographs reveal dated decor, potential maintenance concerns (like the kitchen ceiling), and an overall feeling of being tired and needing a comprehensive overhaul. While the price of £120,000 might appear reasonable when compared to nearby similar properties, potential buyers must factor in the substantial costs associated with bringing this property up to modern standards. Given the age and size of the property, the lack of information regarding plot size and square footage is surprising and suggests the lack of clarity could affect potential buyers’ perception of its value. Overall, the property represents a project for buyers seeking a large, well-located property, willing to undertake significant renovation work.

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
4
Location
7
Land
2
Bedrooms
5
Bathrooms
1

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 £
Average area rental value
675.00 £/mo
Decreased by 16.04 %
from 804.00 £/mo
Est rental Yield
3.27 %
Decreased by 37.71 %
from 5.25 %
Crime Rate
48.00 %
Unchanged by 0.00 %
from 48.00 %

Agent Activity

  • Farrell Heyworth created the listing.

Nearby Schools

NameTypeOfstedDistance
West End Primary SchoolCommunity SchoolGood0.33 KM
Balmoral Children'S CentreChildren's Centre0.40 KM
Morecambe And Heysham Sandylands Community Primary SchoolCommunity SchoolGood0.45 KM
Bay Leadership AcademyAcademy Sponsor Led0.63 KM
Mossgate Primary SchoolCommunity SchoolGood1.71 KM

Images

External Lounge Kitchen Lounge 2 Bedroom 1 Bedroom 2 WC Bathroom Bedroom 5 Utility Kitchenette Bedroom 3

Nearby Streets

NameAverage PriceAverage SqftDistance
Grafton Road £ 000.00 KM
Clarendon Road £ 139,97500.00 KM
Back Winterdyne Terrace £ 105,00000.00 KM
Barnes Road £ 215,00000.00 KM
King's Crescent £ 173,33300.00 KM

Nearby Transport

NameNLCTLCDistance
Morecambe2695MCM1.49 KM
Heysham Port2691HHB4.95 KM
Bare Lane2690BAR5.22 KM
Lancaster2685LAN8.38 KM

Nearby Listings

AddressPriceTypeScoreDistance
Yorkshire Street, Morecambe £ 156,550BUY4 / 100.03 KM
Parliament Street, Morecambe £ 159,950BUY7 / 100.05 KM
22 Marine Road West, Morecambe £ 124,950BUY6 / 100.09 KM
Clarendon Road, Morecambe, Lancashire, LA3 £ 185,000BUYUnknown0.10 KM
Clarendon Road | abundance of space across three main floors £ 180,000BUY5 / 100.10 KM

Nearby Properties

AddressPriceDistance
47 Parliament Street £ 95,0000.01 KM
51 Parliament Street £ 150,7500.01 KM
41 Parliament Street £ 120,0000.01 KM
39 Parliament Street £ 118,0000.02 KM
31 Parliament Street £ 96,5000.02 KM