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
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Metrics Year-on-Year
- Average area value
- 247,500.00 £Increased by 34.61 %
- Average area rental value
- 675.00 £/moDecreased by 16.04 %
- Est rental Yield
- 3.27 %Decreased by 37.71 %
- Crime Rate
- 48.00 %Unchanged by 0.00 %
Agent Activity
Farrell Heyworth created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| West End Primary School | Community School | Good | 0.33 KM |
| Balmoral Children'S Centre | Children's Centre | 0.40 KM | |
| Morecambe And Heysham Sandylands Community Primary School | Community School | Good | 0.45 KM |
| Bay Leadership Academy | Academy Sponsor Led | 0.63 KM | |
| Mossgate Primary School | Community School | Good | 1.71 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Grafton Road | £ 0 | 0 | 0.00 KM |
| Clarendon Road | £ 139,975 | 0 | 0.00 KM |
| Back Winterdyne Terrace | £ 105,000 | 0 | 0.00 KM |
| Barnes Road | £ 215,000 | 0 | 0.00 KM |
| King's Crescent | £ 173,333 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Morecambe | 2695 | MCM | 1.49 KM |
| Heysham Port | 2691 | HHB | 4.95 KM |
| Bare Lane | 2690 | BAR | 5.22 KM |
| Lancaster | 2685 | LAN | 8.38 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Yorkshire Street, Morecambe | £ 156,550 | BUY | 4 / 10 | 0.03 KM |
| Parliament Street, Morecambe | £ 159,950 | BUY | 7 / 10 | 0.05 KM |
| 22 Marine Road West, Morecambe | £ 124,950 | BUY | 6 / 10 | 0.09 KM |
| Clarendon Road, Morecambe, Lancashire, LA3 | £ 185,000 | BUY | Unknown | 0.10 KM |
| Clarendon Road | abundance of space across three main floors | £ 180,000 | BUY | 5 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 47 Parliament Street | £ 95,000 | 0.01 KM |
| 51 Parliament Street | £ 150,750 | 0.01 KM |
| 41 Parliament Street | £ 120,000 | 0.01 KM |
| 39 Parliament Street | £ 118,000 | 0.02 KM |
| 31 Parliament Street | £ 96,500 | 0.02 KM |