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Norfolk Avenue, Heysham, Morecambe LA3 - Image 1
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Norfolk Avenue, Heysham, Morecambe LA3

North West

£160,000
Listed on 06/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
764 sqft

Description

Situated in a well-established neighborhood in Heysham, this traditional semi-detached home presents a valuable opportunity for those looking to invest in a property with significant renovation potential. The layout is practical and straightforward, featuring a front living room that benefits from an abundance of natural light, creating an inviting atmosphere. The rear kitchen diner has been extended, offering direct access to the garden—while functional, this space is ideal for modernization to reflect contemporary styles and tastes. A ground floor WC enhances everyday living convenience. Upstairs, you will find three bedrooms including a spacious main double room and two smaller rooms suitable for children, guests, or a home office setup. The current wet room bathroom provides accessibility and serves as a blank canvas for future enhancements. Although the property is livable as it stands, it allows for gradual improvements rather than requiring immediate extensive renovations. Outside, the generous rear garden boasts a mix of lawn and patio areas perfect for relaxation or landscaping according to your vision. With its northeast-facing aspect, the garden still retains brightness throughout the day. This property stands as an excellent starting point for buyers eager to add their personal touch over time while benefiting from the solid structural foundation already in place.

Investment Analysis

(LA3 area)

Below Market Value

This property is priced -2.1% below area average per sq ft

-2.1%
Potential saving
This Property
£209/sq ft
Area Average
£214/sq ft
Avg Rent (weekly)
£177
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£179,846
10% above area average per sq ft
Potential ROI
-2.8%
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
12%
Properties sold annually

Local Market Trend (LA3)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +10.4%
5 year growth: +27.0%
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

Norfolk Avenue, Heysham, Morecambe LA3
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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
£571
Based on a loan of £120,000 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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