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Cambridge Road, Morecambe

North West

£135,000
Listed on 01/01/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom mid-terrace property presents a compelling opportunity for those looking to invest in a home ripe for renovation. Ideally situated within walking distance of local shops and public transport, the layout includes an entrance hallway that leads into a spacious lounge and dining room, alongside a functional kitchen. The first floor accommodates two bedrooms and a bathroom, while the second floor offers an additional double bedroom. Outside, you will find an enclosed yard bordered by a wall with gated access, plus the added benefit of a cellar providing extra storage space. The home is in need of modernisation, making it perfect for buyers looking to apply their personal touch and maximise its potential for family living or rental income.

Investment Analysis

(LA3 area)
Area Average
£215/sq ft
Avg Rent (weekly)
£192
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (LA3)

Area prices are rising by +6.7% over the last 12 months
3 year growth: 10.3%
5 year growth: 36.7%
Investment Disclaimer: Analysis based on LA3 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

Cambridge 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
£495
Based on a loan of £101,250 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE