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Oxford Street, Morecambe, Lancashire

North West

£155,000
Listed on 29/04/2026

Property Details

Bedrooms
4
Type
Terraced
Area
1573 sqft

Description

This impressive period terrace, set over three floors, offers a wealth of character and spacious living areas that present significant renovation opportunities. Situated in a sought-after residential area, it's conveniently located near Morecambe's seafront, local amenities, and transport links. The property stands out with its classic bay-fronted facade and original features, including high ceilings and detailed coving that enhance its historic appeal. Inside, the ground floor greets you with a bright lounge enhanced by a large bay window that invites natural light. The separate dining room is well-sized for family gatherings and leads to a functional kitchen with direct access to the outside yard. This level also includes a cellar, providing additional storage or potential conversion space, subject to planning permission. On the upper levels, the first floor accommodates a spacious principal bedroom along with a family bathroom and an additional shower room—ideal for busy lifestyles. The second floor features further versatile bedrooms that can adapt as sleeping quarters, home offices, or hobby spaces. With ample scope for modernizing the interior layout while preserving its inherent charm, this property caters perfectly to families or investors looking for long-term value. Outside, the rear yard offers low-maintenance outdoor space where creative landscaping could enhance usability. Overall, this property not only provides immediate accommodation but also presents considerable potential for those looking to invest in renovations that align with contemporary living standards while appreciating its historical context.

Investment Analysis

(LA4 area)

Below Market Value

This property is priced -51.0% below area average per sq ft

-51.0%
Potential saving
This Property
£99/sq ft
Area Average
£201/sq ft
Avg Rent (weekly)
£186
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£347,790
10% above area average per sq ft
Potential ROI
+69.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LA4)

Area prices are rising by +2.1% over the last 12 months
3 year growth: +11.8%
5 year growth: +18.9%
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

Oxford Street, Morecambe, Lancashire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£553
Based on a loan of £116,250 over 30 years at 3.97% 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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