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Fairfield Road, Heysham, Morecambe, Lancashire, LA3 - Image 1
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Fairfield Road, Heysham, Morecambe, Lancashire, LA3 - Image 3
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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 ground floor flat offers a rare opportunity for those seeking a renovation project with significant potential. Spanning an impressive layout, this one-bedroom property is ready for modernisation and transformation into a stylish living space, perfect for homeowners or investors alike. The absence of a chain allows for quick acquisition and immediate commencement of refurbishment. One of the highlights is the ownership of both the front and a substantial portion of the rear garden, creating possibilities not just for outdoor enjoyment but also potential off-street parking solutions. The communal entrance leads into a welcoming hallway with useful under-stairs storage, adding practical value to the home. Character abounds in the generously sized living room, showcasing original Victorian features, high ceilings, and ample natural light from its bay window. This area provides a solid foundation to create an inviting and contemporary living space. The kitchen, while functional, presents ample opportunity for upgrades and reconfiguration to suit modern culinary needs, complete with plumbing for essential appliances and direct access to the rear garden—ideal for seamless indoor-outdoor living. A spacious double bedroom features an en-suite bathroom with additional storage options via an airing cupboard, contributing to the overall utility of the flat. Externally, enjoy easy maintenance in front as well as an expansive private garden at the back that holds transformative landscaping potential or could be adapted to enhance off-road parking capabilities. The property has been rewired recently, ensuring safety as you plan your renovations. Located in a desirable coastal area with close access to local amenities and transport links, this flat offers both tranquility and community vibrancy—a perfect setting for your next investment project.

Investment Analysis

(LA3 area)

Below Market Value

This property is priced -56.4% below area average per sq ft

-56.4%
Potential saving
This Property
£93/sq ft
Area Average
£214/sq ft
Avg Rent (weekly)
£179
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£214,550
10% above area average per sq ft
Potential ROI
+95.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LA3)

Area prices are stable by +0.2% over the last 12 months
3 year growth: +9.3%
5 year growth: +27.7%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£301
Based on a loan of £63,750 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.

Stamp Duty Calculator

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