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Broadway, Morecambe

North West

£375,000
Listed on 01/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1249 sqft

Description

This bay fronted, three-bedroom detached house offers significant renovation potential in a highly regarded area that stretches from Torrisholme to the nearby sea front promenade. The location provides easy access to the 'Bay Gateway' M6 link road, local schools, as well as both Torrisholme and Bare villages, making it a strategic choice for families. While the property is fully uPVC double glazed and benefits from central heating, it presents an opportunity for updating various aspects while maintaining its spacious layout. The conversion possibilities are particularly interesting with a generously sized loft that could potentially be developed (subject to relevant consents). The existing layout features a welcoming entrance porch leading into a hallway, along with a comfortable lounge and separate living/dining room complete with a feature fireplace. The fitted breakfast kitchen is equipped with essential appliances and has ample space for further enhancements. On the first floor, three bedrooms with fitted wardrobes provide scope for personalisation. The bathroom includes essential amenities but could benefit from modernisation to align with contemporary standards. Outside, the property benefits from off-road parking, a detached garage, and an enclosed lawned rear garden that could be transformed into an outdoor haven. This property is offered with vacant possession and no upward chain, providing a blank canvas for those looking to invest in their dream home or rental opportunity.

Investment Analysis

(LA4 area)

Above Market Value

This property is priced +46.7% above area average per sq ft

+46.7%
This Property
£300/sq ft
Area Average
£205/sq ft
Avg Rent (weekly)
£167
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£281,169
10% above area average per sq ft
Potential ROI
-32.2%
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

Broadway, Morecambe
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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
£1,328
Based on a loan of £281,250 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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