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Fairhope Avenue, Morecambe, Lancashire, LA4 - Image 11

Fairhope Avenue, Morecambe, Lancashire, LA4

North West

£190,000
Listed on 23/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
724 sqft

Description

This two-bedroom semi-detached bungalow in Bare offers a promising opportunity for those looking to invest in a property with renovation potential. Available chain-free, it presents an inviting blank canvas ready for your personal enhancements. Upon entry, you are met with an enclosed side porch that transitions into a hallway leading to a spacious living room, complete with a gas fireplace—perfect for creating a warm ambiance on cozy evenings. The bungalow features two generous double bedrooms, ensuring ample space for comfortable living, particularly in the master bedroom which has room for substantial storage solutions. The bathroom is practical and styled adequately with a freestanding toilet, sink, and bath equipped with a shower fitting. At the rear of the property, the kitchen extends into a small utility area that adds flexibility and functionality while also providing access to the outdoor space. Externally, the property boasts a paved front garden and driveway offering convenient parking options. The rear garden is designed for low maintenance with flagstone paving and includes a wooden shed—ideal for outdoor storage or as an additional workspace. Nestled in the desirable Bare community, this bungalow is conveniently located near Princes Crescent with various amenities such as shops, pubs, pharmacies, and post offices within easy reach. With Bare Lane train station nearby and frequent bus services connecting to Morecambe town and Lancaster city centre, accessibility is excellent. This property stands out as an exceptional chance to create your ideal living environment in a prime location.

Investment Analysis

(LA4 area)

Above Market Value

This property is priced +29.5% above area average per sq ft

+29.5%
This Property
£262/sq ft
Area Average
£203/sq ft
Avg Rent (weekly)
£179
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£161,351
10% above area average per sq ft
Potential ROI
-25.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (LA4)

Area prices are rising by +6.2% over the last 12 months
3 year growth: +9.6%
5 year growth: +21.0%
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

Fairhope Avenue, Morecambe, Lancashire, LA4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£685
Based on a loan of £142,500 over 30 years at 4.06% 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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