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Gringley Road, Morecambe LA4 3 bed bungalow for sale
Gringley Road, Morecambe LA4
£175,000
Gringley Road, Morecambe LA4
£175,000
Price History
Initial price | £200,000 |
27/05/25 | £190,000 |
09/06/25 | £175,000 |
Price Change | -12.50% |
Description
This exceptional 3-bedroom bungalow is situated in a sought-after location in Morecambe, Lancashire, and is being offered at a fantastic price to ensure an auction sale. The property has a degree of redecoration needed, but has the potential to be used as a holiday let/Airbnb property, subject to gaining necessary licensing and permissions. With a potential yield of £700-£950 per month, it's an excellent investment opportunity for shrewd investors. The property is located near local amenities, schools, and public transport, and has a driveway and ample storage throughout. With comparable properties in the area achieving upwards of £100 per night, this property has fantastic yield potential. The property has been previously sold for £275,000, £261,000, and £345,000, making it a rare opportunity to purchase a property in this location at a competitive price.