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Garnett Street, Morecambe, Lancashire LA4

North West

£100,000
Listed on 26/04/2026

Property Details

Bedrooms
2
Type
End Terrace
Area
580 sqft

Description

This two double bedroom end terrace cottage, situated in the historic Poulton area of Morecambe, presents a promising canvas for renovation enthusiasts. While it currently requires a comprehensive update, its solid structure offers a fantastic opportunity for investors or first-time buyers eager to craft their dream home. Located conveniently close to Morecambe town centre and the picturesque promenade, this property combines access to modern amenities with the charm of coastal living. The home provides essential features such as double glazing and gas central heating, making it an excellent choice for a full refurbishment project. The interior includes a bright living room with staircase access, a spacious kitchen diner at the rear with under stairs storage, two versatile bedrooms upstairs - one large and one smaller suited for various uses - plus a family bathroom conveniently located off the landing. Outside, the property benefits from on-street permit parking and an enclosed yard that requires minimal upkeep. Nestled among traditional fishermen's cottages, this residence is part of one of Morecambe's most coveted historic neighborhoods. With probate currently being processed, potential buyers are encouraged to act swiftly to seize this unique investment opportunity.

Investment Analysis

(LA4 area)

Below Market Value

This property is priced -15.8% below area average per sq ft

-15.8%
Potential saving
This Property
£172/sq ft
Area Average
£205/sq ft
Avg Rent (weekly)
£167
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£130,567
10% above area average per sq ft
Potential ROI
-6.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Garnett Street, Morecambe, Lancashire LA4
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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
£354
Based on a loan of £75,000 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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