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

North West

£85,000
Listed on 17/03/2026

Property Details

Bedrooms
1
Type
Flat
Area
911 sqft

Description

This ground floor flat offers an unexpected amount of space and presents a promising renovation opportunity, appealing to those ready to invest in a project. The property is devoid of a chain delay, allowing for swift acquisition. With ownership of both the front and a substantial portion of the rear garden, there is potential for enhancing outdoor living spaces or even developing off-street parking options. Inside, the flat features double glazing and gas central heating. It opens into a generous hallway with useful under-stairs storage. The living area is particularly noteworthy, showcasing charming original Victorian details like high ceilings and a bay window that invites plenty of natural light. The kitchen is well-sized, equipped with space for essential appliances and plumbing for a washing machine, leading directly to the rear garden – perfect for those looking to create an inviting outdoor retreat. The spacious double bedroom comes with an ensuite bathroom that offers additional storage through an airing cupboard. Outside, while the front yard requires minimal upkeep, the expansive rear garden provides ample scope for landscaping or perhaps even adding a driveway. On-street parking options are plentiful as well. Notably, the property has undergone a complete rewiring, providing a secure base from which to embark on your refurbishment journey. Set within an attractive coastal location, this flat also benefits from proximity to local shops and transport links, combining peaceful living with community vibrancy.

Investment Analysis

(LA3 area)

Below Market Value

This property is priced -56.4% below area average per sq ft

-56.4%
Potential saving
This Property
£93/sq ft
Area Average
£214/sq ft
Avg Rent (weekly)
£179
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£214,550
10% above area average per sq ft
Potential ROI
+95.0%
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

Fairfield 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
£301
Based on a loan of £63,750 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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