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22 Grasmere Road, Morecambe, LA4 6EN - Image 1
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22 Grasmere Road, Morecambe, LA4 6EN

North West

£150,000
Listed on 16/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
678 sqft

Description

This property features a spacious layout that includes an entrance vestibule, a generously sized living room, and a kitchen equipped with ample storage options through both wall and base units. With two sizable double bedrooms, one of which is enhanced by fitted wardrobes while the other boasts a uPVC French door that opens directly to the rear garden, there is flexibility to adapt this space for dining or additional bedroom use. The exterior offers a well-maintained paved driveway providing substantial parking options for multiple vehicles. Though the home has been cherished over the years, it presents an excellent opportunity for renovation and modernization to unlock its full potential. The rear garden is a noteworthy feature as well, partially paved and partially laid to lawn, allowing for versatile outdoor usage and improvement. Located within walking distance of the vibrant village of Bare, this property benefits from convenient access to local amenities including parks, schools, cafes, pubs, and shops. Families will appreciate proximity to Happy Mount Park as well as Morecambe Golf Club nearby. For commuters or day-trippers, Bare's train station facilitates regular services to both Morecambe and Lancaster City Centre, while the Bay Gateway connects you swiftly to the M6 motorway. Moreover, its location allows for easy enjoyment of Morecambe Promenade for leisurely strolls or recreational activities such as running or cycling. The area also provides quick access to Lancaster’s extensive range of services including shopping options, cinemas, and theatres. With Manchester and Liverpool airports less than 75 miles away, this property effectively balances accessibility with community-oriented living. Incorporating modern enhancements could greatly increase both comfort and value here; therefore, after some thoughtful updates, this residence could transform into an ideal family home or a strong investment opportunity in a sought-after area.

Investment Analysis

(LA4 area)

Above Market Value

This property is priced +9.5% above area average per sq ft

+9.5%
This Property
£221/sq ft
Area Average
£202/sq ft
Avg Rent (weekly)
£198
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£150,689
10% above area average per sq ft
Potential ROI
-16.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (LA4)

Area prices are rising by +6.2% over the last 12 months
3 year growth: 10.1%
5 year growth: 26.1%
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.

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Location

22 Grasmere Road, Morecambe, LA4 6EN
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