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Albert Road, Morecambe

North West

£120,000
Listed on 07/12/2025

Property Details

Bedrooms
7
Type
Detached house

Description

This generous terraced house presents a remarkable opportunity for renovation enthusiasts or property developers in a sought-after area of Morecambe. With two reception rooms and a spacious kitchen, the layout offers great flexibility, potentially accommodating seven well-sized bedrooms and two bathrooms with the right reconfiguration. The addition of two basement rooms and a decent-sized rear yard enhances the scope for creative transformations. Although the property requires substantial refurbishment, its solid structure and strategic location make it an appealing project for those willing to invest time and resources into revitalizing it.

Investment Analysis

(LA4 area)
Area Average
£198/sq ft
Avg Rent (weekly)
£181
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
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

Albert Road, Morecambe
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£440
Based on a loan of £90,000 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE