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6 bedroom house for sale
Westminster Road, Morecambe LA3
£205,000
Westminster Road, Morecambe LA3
£205,000
Price History
Initial price | £219,950 |
19/06/24 | £205,000 |
10/11/24 | £150,000 |
16/11/24 | £205,000 |
Price Change | -6.80% |
Description
This three-storey end-terrace building is an investment opportunity that offers a good rental return, with six rental units spread across the ground and upper floors. The property includes a ground-floor flat and rear garden cottage with private entrance, as well as two flats and two bedsits on the upper floors. The building also features a forecourt and a contained yard area for the rear garden cottage. Located near the seafront and promenade, the property is close to local amenities, schools, and a health center, with easy access to Morecambe town center and Lancaster city via nearby bus routes. The area is also expected to benefit from improved access to the M6 motorway and the potential construction of the Eden Project North, which would enhance the local economy. The property is being sold as a going concern, with ongoing tenancies and full details of the incomes available through the agent. However, some of the flats will require works of improvement to enhance rental income.