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24 Chestnut Drive, Bare, Morecambe, LA4 6HN - Image 1
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24 Chestnut Drive, Bare, Morecambe, LA4 6HN - Image 3
24 Chestnut Drive, Bare, Morecambe, LA4 6HN - Image 4
24 Chestnut Drive, Bare, Morecambe, LA4 6HN - Image 5
24 Chestnut Drive, Bare, Morecambe, LA4 6HN - Image 6
24 Chestnut Drive, Bare, Morecambe, LA4 6HN - Image 7
24 Chestnut Drive, Bare, Morecambe, LA4 6HN - Image 8

24 Chestnut Drive, Bare, Morecambe, LA4 6HN

North West

£190,000
Listed on 19/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
814 sqft

Description

This semi-detached bungalow presents a unique opportunity for renovation enthusiasts located in the desirable Bare neighborhood. While the property has been well-maintained, it offers a blank canvas for buyers looking to infuse their personal touch and creativity. Options for improvement range from minor upgrades to potentially significant remodeling or extensions, subject to necessary planning permissions. The layout includes an entrance vestibule leading into a central hallway that connects to all rooms, encompassing a spacious living room, two double bedrooms (one equipped with a fitted wardrobe), and a shower room. The kitchen provides access to a practical boot room. Outside, the paved front garden is perfect for relaxation, complemented by off-road parking on the driveway which also leads to a detached garage. The rear garden is enclosed and landscaped, providing a private outdoor space. The property benefits from gas central heating and uPVC double glazing, making it suitable for updating with modern comforts. Its location not only boasts tranquility but also grants easy access to local shops, cafes, and recreational areas like Morecambe Promenade. Excellent transport links via the Bare train station facilitate connections to Morecambe and Lancaster City Centre. This property’s renovation potential makes it an attractive prospect for first-time buyers or investors aiming to enhance its value in this sought-after area.

Investment Analysis

(LA4 area)

Above Market Value

This property is priced +17.7% above area average per sq ft

+17.7%
This Property
£233/sq ft
Area Average
£198/sq ft
Avg Rent (weekly)
£181
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £25,000
Target Value
£177,603
10% above area average per sq ft
Potential ROI
-17.4%
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

24 Chestnut Drive, Bare, Morecambe, LA4 6HN
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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
£696
Based on a loan of £142,500 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.

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