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Claremont Road, Morecambe

North West

£70,000
Listed on 02/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This historic property in the centre of Morecambe presents a unique investment opportunity, having served as a family-owned chiropractic practice for over a century. The building spans three floors plus a basement, offering ample space and potential for transformation into a modern family home or lucrative rental project. The interior requires comprehensive renovation, providing a blank canvas for buyers to reimagine the layout and design. The ground floor was previously dedicated to business use, featuring reception areas and consultation rooms that can be repurposed, while the rear section offers potential for a spacious kitchen or open-plan living area. The upper levels feature adaptable living quarters with existing bedrooms and bathroom facilities that could easily accommodate expanding families. With thoughtful redesign and upgrades, this property could evolve into an inviting three-bedroom home tailored to contemporary tastes. Additional highlights include a rear yard suitable for off-street parking or outdoor enjoyment, situated near local amenities and transport links enhancing its appeal as both a residence and investment asset.

Investment Analysis

(LA4 area)
Area Average
£205/sq ft
Avg Rent (weekly)
£167
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
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

Claremont Road, 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
£248
Based on a loan of £52,500 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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