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Grafton Road, Heysham, Morecambe, Lancashire, LA3 - Image 1
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Grafton Road, Heysham, Morecambe, Lancashire, LA3 - Image 7
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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 home presents a prime opportunity for renovation enthusiasts and investors alike. Conveniently located within walking distance of the scenic Morecambe seafront, the property offers spacious and adaptable living areas suitable for families or those seeking additional workspace. The accommodation comprises fully double-glazed windows and gas central heating, ensuring a comfortable environment from the start. Upon entering, you are greeted by an inviting hallway leading to an open-plan living and dining area; the bay window in the living room enhances its light-filled atmosphere. The rear dining space includes an under-stairs storage nook, enhancing functionality. The kitchen sits at the back of the ground floor, offering access to a private rear yard. Although functional, this space has significant potential for modernisation with room for upgrading appliances and layout improvements. Upstairs, you'll find a well-sized family bathroom alongside two generously proportioned bedrooms on the first floor. The master bedroom benefits from dual aspect windows that flood the room with natural light. The second floor features two additional double bedrooms, making this home ideal for larger families or those needing extra office space. Externally, there are low-maintenance yards front and back, complemented by ample on-street parking options. Importantly, this property requires some updating but provides an excellent canvas for buyers eager to infuse their personal style into a sizable residence located in a thriving community. Situated in Lower Heysham—between Higher Heysham and Morecambe town centre—the location boasts excellent access to local amenities, reputable schools, and public transport routes along Heysham Road. With forthcoming developments like the Eden Project nearby, now is an opportune moment to consider investment in this area.

Investment Analysis

(LA3 area)

Below Market Value

This property is priced -46.4% below area average per sq ft

-46.4%
Potential saving
This Property
£115/sq ft
Area Average
£214/sq ft
Avg Rent (weekly)
£179
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£287,087
10% above area average per sq ft
Potential ROI
+55.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Grafton 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
£496
Based on a loan of £105,000 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.

Stamp Duty Calculator

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