Worst House on the Street Logo
Selside Drive, Morecambe - Image 1
Selside Drive, Morecambe - Image 2
Selside Drive, Morecambe - Image 3
Selside Drive, Morecambe - Image 4
Selside Drive, Morecambe - Image 5

Selside Drive, Morecambe

North West

£170,000
Listed on 01/05/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
678 sqft

Description

This semi-detached bungalow features two bedrooms and is positioned in a quiet cul-de-sac, making it an intriguing opportunity for both first-time buyers and investors looking to enhance their portfolios. The property is currently in need of modernisation, offering a unique chance for renovation enthusiasts to create a personal touch that reflects contemporary living standards. Inside, the layout includes a spacious living area, a functional kitchen with essential appliances and ample storage, as well as a bathroom suitable for updating. A notable feature is the sun-drenched conservatory that extends the living space and provides direct access to the outdoor area. With thoughtful improvements, this home can be transformed into a stylish retreat. The exterior presents additional value with a long driveway capable of accommodating multiple vehicles, including an RV, which will be beneficial for those needing extra parking options. A detached garage adds practical storage solutions or potential workshop space while enhancing the overall functionality of the property. The fully enclosed rear garden offers low-maintenance landscaping possibilities, ideal for creating an inviting outdoor environment. Conveniently located within close proximity to local amenities and just half a mile from the charming village of Torrisholme, this property strikes a balance between peaceful suburban life and accessible conveniences. Additionally, Morecambe town centre — known for its vibrant seaside atmosphere — is only two miles away, providing easy access to scenic promenades and diverse entertainment options. Overall, this bungalow not only stands as a blank canvas awaiting renovation but also holds significant investment potential through strategic enhancements that could maximize its value in this desirable neighbourhood.

Investment Analysis

(LA4 area)

Above Market Value

This property is priced +26.4% above area average per sq ft

+26.4%
This Property
£251/sq ft
Area Average
£198/sq ft
Avg Rent (weekly)
£181
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£147,929
10% above area average per sq ft
Potential ROI
-29.6%
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

Selside Drive, Morecambe
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£623
Based on a loan of £127,500 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE