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Fairfield Road, Heysham, Morecambe, Lancashire, LA3 - Image 1
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Fairfield Road, Heysham, Morecambe, Lancashire, LA3

North West

£85,000
Listed on 13/03/2026

Property Details

Bedrooms
1
Type
Flat
Area
911 sqft

Description

This spacious ground floor flat is an inviting project for buyers seeking to add value through renovation. Offering a generous one double bedroom layout, this property is ready to be transformed into a stylish living space tailored to your preferences. The flat features a welcoming hallway with useful under-stairs storage and a sizable living room that boasts charming original Victorian characteristics, high ceilings, and a large bay window that allows ample natural light to pour in. The kitchen is functional yet in need of modern updates, providing enough space for essential appliances and direct access to the rear garden, which holds potential for outdoor enhancement. The large double bedroom includes an ensuite bathroom with additional storage options via an airing cupboard. Externally, you’ll appreciate the low-maintenance front yard and ownership of over half of the rear garden—a fantastic opportunity for landscaping or possibly creating off-street parking. With no chain delay and already benefiting from a comprehensive re-wire, this flat presents a solid groundwork for further refurbishment plans. Situated in a desirable coastal region with easy access to local amenities and transport links, this property combines investment potential with the charm of seaside living.

Investment Analysis

(LA3 area)

Below Market Value

This property is priced -56.1% below area average per sq ft

-56.1%
Potential saving
This Property
£93/sq ft
Area Average
£213/sq ft
Avg Rent (weekly)
£177
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£213,097
10% above area average per sq ft
Potential ROI
+85.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Fairfield Road, Heysham, Morecambe, Lancashire, LA3
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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
£307
Based on a loan of £63,750 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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