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Westminster Road, Morecambe

North West

£197,500
Listed on 01/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1173 sqft

Description

This three-bedroom quasi-semi-detached house presents a solid foundation for an investor or homeowner looking to add personal touches or enhancements. Ideally located near local shopping, schools, and the seafront promenade, it features uPVC double glazing (excluding the rear porch) and efficient gas central heating via a 'combi' boiler. Noteworthy is the sizeable roof space that could be converted into additional living space with appropriate permissions; expired planning consent for a bedroom with an en-suite is available for reference. The property's layout includes a spacious lounge and an open-plan kitchen diner, alongside three well-sized bedrooms and a fully tiled bathroom. Outside, the manageable front and rear gardens include a large timber shed, providing extra utility. This home offers potential to modernise and reconfigure while remaining functional as is, appealing to those seeking both value and comfort in a convenient area.

Investment Analysis

(LA3 area)

Below Market Value

This property is priced -20.8% below area average per sq ft

-20.8%
Potential saving
This Property
£168/sq ft
Area Average
£213/sq ft
Avg Rent (weekly)
£177
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£274,382
10% above area average per sq ft
Potential ROI
+15.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (LA3)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +9.6%
5 year growth: +29.9%
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

Westminster Road, Morecambe
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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
£712
Based on a loan of £148,125 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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