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North West
£70,000
Listed on 24/09/2026
Listed on 24/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This two-bedroom ground floor flat in Morecambe presents a compelling opportunity for those looking to invest in a renovation project. With an asking price of £70,000, which is significantly below the local average of £202/sqf, this property offers excellent value for buyers eager to create a home tailored to their tastes. The property does require considerable modernisation throughout, with dated interiors and visible wear in several areas, particularly in the kitchen and bathroom, but this provides a blank canvas for the right buyer to enhance and add value.
While the all-in costs for purchase and renovation look tight against local benchmarks, the potential for improvement in this popular central location cannot be understated. With good transport links and proximity to amenities, this flat not only offers a reasonable entry price but also the chance to turn a dated space into something special. This project is perfect for those willing to invest time and effort into revitalising a property in a desirable area.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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