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1 bedroom flat for sale
Sandylands Promenade, Morecambe, LA3
£104,000
Sandylands Promenade, Morecambe, LA3
£104,000
Price History
Initial price | £110,000 |
18/11/24 | £108,000 |
22/11/24 | £106,000 |
29/11/24 | £104,000 |
14/12/24 | £102,000 |
20/12/24 | £100,000 |
02/01/25 | £110,000 |
10/01/25 | £108,000 |
17/01/25 | £106,000 |
30/01/25 | £104,000 |
Price Change | -5.45% |
Description
This 1-bedroom flat in Morecambe is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and bathroom, with a current annual gross income of £6,300. With long-term tenants already situated, the new owner has the potential to increase the rental income to a market rate of £6,660. The property is near valuable amenities and has a tenant currently situated, making it a worthwhile addition to an investor's portfolio. The current tenants have a good track record of paying their rent on time and have no intention of moving out, providing a stable and secure investment opportunity.