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Garnett Street, Morecambe, Lancashire, LA4

North West

£100,000
Listed on 30/03/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
580 sqft

Description

Located in the picturesque Poulton area of Morecambe, this two-bedroom end terrace cottage presents a remarkable opportunity for those eager to embark on a complete renovation project. The property stands within a quaint neighborhood, just moments away from the vibrant Morecambe town centre and the scenic promenade, making it an attractive choice for anyone seeking both community charm and coastal lifestyle. While the cottage requires extensive updating, it's fully double-glazed and equipped with gas central heating, offering a solid base to start from. Ideal for investors or first-time buyers ready to personalize a period home or those considering downsizing into a characterful dwelling. The accommodation features: - A bright living room accessed from the front, enhanced by natural light from the staircase's landing window. - A kitchen diner at the rear, offering versatile space with under stairs storage and direct access to the enclosed yard. On the first floor: - A spacious double bedroom with enough room for essential furnishings. - A secondary double bedroom suitable for guests or as an office. - A family bathroom conveniently located off the landing. Externally, you'll find resident permit parking available on street in front and a manageable low-maintenance yard at the back. Nestled amongst historic fishermen’s cottages, this property is part of one of Morecambe’s most sought-after locations. With probate currently in process but not yet granted, this property represents an excellent investment opportunity in a high-demand area. Early inquiries are encouraged.

Investment Analysis

(LA4 area)

Below Market Value

This property is priced -15.8% below area average per sq ft

-15.8%
Potential saving
This Property
£172/sq ft
Area Average
£205/sq ft
Avg Rent (weekly)
£167
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£130,567
10% above area average per sq ft
Potential ROI
-13.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LA4)

Area prices are rising by +3.6% over the last 12 months
3 year growth: +12.5%
5 year growth: +20.8%
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

Garnett Street, Morecambe, Lancashire, LA4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£354
Based on a loan of £75,000 over 30 years at 3.91% 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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