Block of apartments for sale

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Block of apartments for sale

FOR SALE - INVESTMENT PROPERTY, 362 Marine Road East, Morecambe
£300,000

Price History

Initial price £385,000
07/11/23 £369,950
15/10/24 £300,000
Price Change -22.08%

Description

This is a prime location investment property in Morecambe, a popular seaside resort with stunning views across Morecambe Bay to the Lakeland Fells. The property is a traditional, mid-terraced residence that has been split into five fully let flats, generating an annual income of £27,078. The flats have excellent open marine views to the front and are located close to the iconic town hall. The property benefits from a rear yard area and parking space, making it an ideal investment opportunity. The location is also set to benefit from ongoing development and regeneration initiatives, including the proposed Eden Project North.