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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 Grade II Listed Victorian townhouse presents a unique opportunity for renovation and investment in Morecambe’s seafront. Spanning five floors, the property features seven spacious bedrooms and offers breathtaking views of Morecambe Bay and the Lakeland Fells from multiple vantage points. Currently configured as four flats, which are not fully self-contained or suitable for rental in their existing state, the building is ripe for transformation back into a single-family home. The new owner will benefit from approved architects’ plans, along with full planning permission and listed building consent to undertake the conversion. This provides a clear pathway for restoring the property to its former glory while adding significant value. Among its notable features are a private enclosed garden—an increasingly rare find in this area—off-street parking, and extensive cellars boasting generous headroom, all of which enhance the potential of this investment. Located just a short walk from the promenade, the property is well-positioned to capitalize on future developments such as the Eden Project Morecambe, set to launch in late 2028. With its grand proportions and historic charm, this townhouse is an exceptional blank canvas for anyone looking to create a landmark family residence in a prime coastal location. Whether you're an investor aiming to restore a piece of local history or a family seeking a substantial property with immense potential, this offering deserves serious consideration.

Investment Analysis

(LA4 area)

Above Market Value

This property is priced +131.1% above area average per sq ft

+131.1%
This Property
£458/sq ft
Area Average
£198/sq ft
Avg Rent (weekly)
£181
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £500,000
Target Value
£178,475
10% above area average per sq ft
Potential ROI
-79.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (LA4)

Area prices are rising by +7.4% over the last 12 months
3 year growth: 9.4%
5 year growth: 25.8%
Investment Disclaimer: Analysis based on LA4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,374
Based on a loan of £281,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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