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Marine Road Central, Morecambe

North West

£375,000
Listed on 14/09/2025

Property Details

Bedrooms
7
Type
Terraced house
Area
818 sqft

Description

This impressive Grade II Listed Victorian townhouse presents a unique opportunity for renovation and investment in a prime seafront location. Overlooking Morecambe Bay and the stunning Lakeland Fells, this property spans five floors and features captivating panoramic views from its main living areas. Currently divided into four flats, which are not fully self-contained and not lettable in their current state, the townhouse can be transformed back into a grand family home with the benefit of existing architects’ plans, full planning permission, and listed building consent. This conversion potential offers an excellent blank canvas for those looking to create a remarkable residence. The property boasts notable features including a private enclosed garden, which is a rare find for this type of terrace, along with off-street parking—a valuable asset in such a desirable area. Furthermore, the extensive cellars provide significant storage space with good head height, adding to the property's appeal. Situated just steps from the promenade, this location is poised to gain further value with the upcoming Eden Project Morecambe set to open in late 2028. The anticipated influx of visitors could enhance local amenities and increase demand for nearby properties. With seven bedrooms across spacious levels and an abundance of original architectural details waiting to be restored, this townhouse is ideal for those looking to invest in a significant project that promises long-term benefits. This property represents an attractive opportunity for those ready to embark on its renovation journey while capitalizing on its prime location and historical significance.

Investment Analysis

(LA4 area)

Above Market Value

This property is priced +124.7% above area average per sq ft

+124.7%
This Property
£458/sq ft
Area Average
£204/sq ft
Avg Rent (weekly)
£181
Avg Yield
4.8%

Renovation Potential

Est. Renovation Cost
£37,500 - £93,750
10-25% of property value
Target Value
£183,559
10% above area average per sq ft
Potential ROI
-60.8%
After renovation
Monthly Sales
17
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LA4)

Area prices are rising by +4.1% over the last 12 months
3 year growth: 9.4%
5 year growth: 24.6%
Investment Disclaimer: Analysis based on LA4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Marine Road Central, Morecambe
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