5 bedroom house for sale

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5 bedroom house for sale

Marine Road Central, Morecambe
£350,000

Price History

Initial price £440,000
17/12/24 £350,000
Price Change -20.45%

Description

This mid-terrace property on Morecambe's central promenade is a unique opportunity for a buy-to-let investor. The property features a retail unit on the ground floor, a one-bedroom flat on the first floor, and a three-bedroom maisonette on the second and third floors. The property is already generating a regular rental income from established tenancies, with a retail store occupying the ground floor and two residential tenants in the upper floors. The property's central location offers stunning views of Morecambe Bay and the Lakeland Fells, making it a popular spot for both residential owners and holiday home buyers. With the potential construction of the Eden Project North, the area is expected to see a significant boost in popularity, making this property an attractive long-term investment.