Grange Street, Morecambe LA4 2 bed flat for sale

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Grange Street, Morecambe LA4 2 bed flat for sale

Grange Street, Morecambe LA4
£110,000

Price History

Initial price £120,000
22/04/25 £115,000
06/05/25 £110,000
Price Change -8.33%

Description

This 2-bedroom flat in Morecambe is a fantastic investment opportunity, offering a current annual gross income of £6600 and potential to increase to £6876 with long-term tenants already in place. The property is well-maintained and features a spacious lounge, modern kitchen, and 2 bedrooms. With a tenant already situated, investors can benefit from a steady stream of rental returns, making it a worthwhile addition to their portfolio. The current tenants have a strong track record of paying rent on time and have no plans to move out, ensuring a smooth transition for the new owner.