3 bedroom bungalow for sale

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3 bedroom bungalow for sale

36 Gringley Road, Morecambe, LA4 4RW
£190,000

Price History

Initial price £200,000
27/05/25 £190,000
Price Change -5.00%

Description

This exceptional 3-bedroom bungalow is located in a sought-after area of Morecambe, Lancashire, and is being offered at a fantastic price to ensure an auction sale. The property, which has previously sold for £275,000, £261,000, and £345,000, would benefit from a degree of redecoration and has potential for renovation. With its prime location near local amenities, schools, and public transport, it's an excellent investment opportunity for shrewd investors or a home for families looking for a spacious property. The property could potentially achieve £700-£950 per month in rental income or be used as a holiday let/Airbnb property, subject to necessary licensing and permissions. With a yield potential of over 6% and comparable properties achieving upwards of £100 per night, this is a rare opportunity for property investors and homeowners to capitalize on the area's growth potential.