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

North West

£140,000

Listed on 15/06/2026

Property details

Bedrooms
4
Type
Terraced
Area
1219 sqft

Description

This four-bedroom mid-terrace home, located within a short stroll to the Morecambe seafront, presents a promising opportunity for buyers seeking both space and adaptability. Ideal for families or investors looking to capitalize on an area poised for growth, this property requires modernization, allowing for personal customization and value enhancement. The entrance opens into a welcoming hallway, leading to an open-plan living and dining area characterized by natural light from the bay window. The separate kitchen at the rear offers functional space with potential for renovation, providing access to a private yard. Upstairs features a spacious family bathroom alongside two generously-sized bedrooms on the first floor, while two additional double bedrooms are found on the second floor, offering flexible options for various living arrangements - perfect for families needing that extra room or a home office. Outside, the property boasts low-maintenance front and rear yards along with additional storage provided by an outbuilding. With its proximity to local amenities, schools, and transport links to Lancaster and beyond, this property is positioned in a growing neighbourhood that holds great investment potential.

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Investment analysis

(LA3 area)

Below Market Value

This property is priced -46.6% below area average per sq ft

-46.6%
Potential saving
This Property
£115/sq ft
Area Average
£215/sq ft
Avg Rent (weekly)
£200
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£288,629
10% above area average per sq ft
Potential ROI
+64.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LA3)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +10.9%
5 year growth: +25.9%
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

Grafton Road, Heysham, Morecambe, Lancashire LA3
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£529
Based on a loan of £105,000 over 30 years at 4.45% 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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