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

North West

£140,000

Listed on 15/04/2026

Property Details

Bedrooms
4
Type
Terraced
Area
1219 sqft

Description

This four-bedroom mid-terrace residence, conveniently located just a short stroll from the picturesque Morecambe seafront, presents an ideal canvas for renovation enthusiasts and investors alike. The spacious layout seamlessly accommodates both family living and potential home office setups, making it a versatile property that caters to various buyer needs. Upon entry, you are greeted by an enclosed porch leading into a welcoming hallway. The generous open plan living and dining area boasts a bay window that floods the space with natural light, while the practical dining zone includes an under-stairs storage cupboard for convenience. The ground floor also features a kitchen at the rear, which offers direct access to the enclosed yard. While functional in its current state, this kitchen provides ample opportunity for modernization to enhance its value. On the first floor, you will find a family bathroom with an airing cupboard and two well-sized double bedrooms. The master bedroom is particularly bright thanks to dual aspect windows. Ascending to the second floor reveals two additional double bedrooms, further emphasizing the property's spaciousness and flexibility. Outside, there is a low-maintenance front yard and a fully enclosed rear yard complete with an outbuilding for extra storage needs. Ample on-street parking adds to the convenience of this property's location. Neatly positioned in Lower Heysham—between Higher Heysham and Morecambe town centre—this home benefits from easy access to local shops, schools, and bus routes along Heysham Road. With excellent transport links to Lancaster and the M6 facilitated by the Bay Gateway, not to mention the anticipated Eden Project development adding appeal to the area, this property represents a remarkable investment opportunity for those willing to modernize and make it their own.

Investment Analysis

(LA3 area)

Below Market Value

This property is priced -46.6% below area average per sq ft

-46.6%
Potential saving
This Property
£115/sq ft
Area Average
£215/sq ft
Avg Rent (weekly)
£200
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£288,629
10% above area average per sq ft
Potential ROI
+60.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LA3)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +10.9%
5 year growth: +25.9%
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

Grafton Road, Heysham, Morecambe, Lancashire, LA3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£529
Based on a loan of £105,000 over 30 years at 4.45% 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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