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11 bed terraced house for sale

£175,000

Westminster Road, Morecambe LA4

11 3 2
Interested in this property? Call +44 1524 937886 * or

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Property features

  • 11 Bedroom Mid-Terrace
  • Potential For Thriving Business
  • No chain
  • Laundry Building To The Rear
  • Versatile Living Accommodation
  • EPC Ratings - 33 - E & 35 - E

Property description

Ever thought of opening your own business? Well here is your chance this eleven bedroom property could provide you with that opportunity. With it previously being a care home, with the correct permissions you could turn this into a guest house, self contained flats or even run it as a care home again. The possibilities are endless call now to book your viewing.

Location

Westminster Road is situated close to the town centre and promenade in Morecambe. The area is mainly residential and there are local shops and amenities close by. Having the town centre and train station so close makes this a popular area with many age groups and the proximity of the promenade is also a great attraction for this location. Westminster Road has a regular bus service connecting the local village and town centres. Morecambe train station connects to Lancaster and the main West Coast line within minutes.

Summary

This substantial double fronted mid terrace property is not short on space consisting of two front reception rooms, two kitchens, three bathrooms with three separate toilets, front and rear yards, laundry out building to the rear and also eleven bedrooms! This property was previously used as a care home and with the correct permissions could be changed back into a fully functioning thriving business. The property has gas central heating which is controlled by two boilers. One boiler is in the ground floor kitchen this one powers the ground floor and the first floor, the other boiler is on the top floor and powers the top flat. The laundry out house to the rear has a commercial washer & dryer which would be left in the sale of the properties. Once the current owners had closed the care home they were originally thinking of splitting the property into self contained flats again with the correct planning permission and hmo's this house could be turned into a good rental investment achieving a good yield. The current vendors have currently had up to six tenants in the property each paying up to £80PW inc bills. The property also has a lift that the vendor has said is still in working order however its motherboard would need updating.

Property info

Market activity
Average price paid £139,636 Sales 367 Current average value £141,978 (Zoopla Zed-Index) Value change £2,058 ▲ 1.47%

Property value data/graphs for LA4

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £225,245 £179 2.9 £207,465
Semi-detached £153,755 £168 3.0 £152,419
Terraced £104,305 £96 3.6 £108,687
Flats £105,964 £160 1.8 £99,662

Current asking prices in LA4

Average: £144,750
Avg. current asking prices in LA4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £78,238
(4)
£145,217
(66)
£158,581
(83)
£212,905
(33)
£191,485
(10)
Flats £78,178
(36)
£111,859
(51)
£98,500
(4)
- -
All £78,184
(40)
£130,676
(117)
£155,818
(87)
£212,905
(33)
£191,485
(10)

Current asking rents in LA4

Average: £500 pcm
Avg. current asking prices in LA4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £390 pcm
(2)
£571 pcm
(7)
£657 pcm
(7)
- -
Flats £431 pcm
(18)
£509 pcm
(22)
£576 pcm
(1)
- -
All £427 pcm
(20)
£524 pcm
(29)
£647 pcm
(8)
- -

Fun facts for LA4

Highest value in LA4
Highest value streets Zed-Index
Woodrush £308,628
Broadway £293,553
Mount Avenue £285,203
Betony £280,738
Elms Road £230,886
Highest turnover in LA4
Highest turnover streets Turnover
Clarence Court 60.9%
Euston Road 57.8%
Fairhaven Way 52.6%
Essex Road 45.5%
Monkswood Avenue 44.9%

What Zoopla users think of Morecambe

Overall rating:

  • currently 3.5 stars
Good - 67% (53 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 3.5 stars
Parks & recreation
  • currently 3 stars
Restaurants & shopping
  • currently 3.5 stars
Schools & public services
  • currently 3.5 stars
Transport & travel

Rate Morecambe:

Tell us what you think of this area by rating these categories.
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Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Morecambe (0.4 miles)
  • Bare Lane (1.7 miles)
  • Heysham Port (2.8 miles)
  • Blackpool International Airport (21.3 miles)
  • Liverpool John Lennon Airport (50.7 miles)
  • Leeds Bradford International Airport (51.4 miles)
  • Heysham Ferry Terminal (2.7 miles)
  • Knott End-On-Sea Ferry Landing (10.7 miles)
  • Fleetwood for Knott End Ferry Landing (10.9 miles)

Nearby schools

View all schools in Lancaster
  • West End Primary School (0.2 miles)
  • Morecambe and Heysham Sandylands Community Primary School (0.5 miles)
  • Morecambe and Heysham Westgate Primary School (0.7 miles)
  • Sedbergh School (22.6 miles)
  • The Alternative School (29.9 miles)
  • Thomas Whitham Sixth Form (31.6 miles)
  • Heysham High School Sports College (0.5 miles)
  • Morecambe Community High School (1.2 miles)
  • Morecambe Road School (1.7 miles)
Note: Distances are straight line measurements

Local info for Lancaster

About the neighbours in LA4

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For more information about this property, please contact
Lancastrian Estates, LA1 on +44 1524 937886 * (local rate)

Monthly running costs Beta

£838 Monthly total

Mortgage

Purchase price
Deposit (10%) 17,500
Repayment term 25
Interest rate 1.5
Your payment £629 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Council Tax

Local authority

Lancaster

Estimated tax band C Council tax cost £149 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £32 Sewerage £28 Estimated water cost £60 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Lancastrian Estates, and do not constitute property particulars. Please contact Lancastrian Estates for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

View all Westminster Road property for sale