FOR SALE - INVESTMENT PROPERTY, Marine Road East, Morecambe
- PROPERTY TYPE
Block of Apartments
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Traditional Substantial 5 Storey Mid Terraced Residence
- Prime Sea Front Location
- Ideal Investment Property
- All 5 Flats Fully Let
- Generating an Income of over £27,000
Description
Block of 5 Flats, all fully let, with superb views across Morecambe Bay to the Lakeland Fells beyond.
Present income some £27,078 per annum. Rear yard area and parking space.
Viewing absolutely essential to fully appreciate the location, potential and views.
Location - Morecambe is an extremely popular traditional seaside holiday resort sitting on the eastern shores of Morecambe Bay looking towards the Lakeland Fells.
Preston is located some 28 miles to the south, Lancaster 3 miles to the east and to the north west and north east lie the Lake District and Yorkshire Dales National Parks respectively.
Morecambe is benefitting from ongoing development and regeneration initiatives including the proposed Eden Project North for which a planning application has been submitted and approved but awaits satisfactory funding.
Designed to take into account the ecology of the Bay, Eden Project North will further enhance the tourist and resident attraction of Morecambe, once built, as well as further improve student diversity in conjunction with Lancaster University.
Description - Traditional substantial 5 storey mid terraced residence in prime sea front location close to the iconic town hall.
The property has been split into 5 flats for a number of years, all fully let which provide an annual income.
Excellent open marine views to the front. Ideal Investment property in a much sought after location.
Accommodation -
Basement - Flat 1 -
Private Front Entrance Porch - Upvc double glazed front entrance door.
Lounge - 4.150 x 3.555 (13'7" x 11'7") - Radiator.
Separate Room - 4.122 x 2.073 (13'6" x 6'9") - Presently used as a bedroom with no external window.
Inner Hall - With storage areas, radiator.
Bedroom - 3.850 x 3.709 (12'7" x 12'2") - Radiator.
Dining Room - 3.086 x 3.045 (10'1" x 9'11") - Upvc double glazed rear entrance door, radiator.
Kitchen - 2.973 x 2.178 (9'9" x 7'1") - Sink unit, fitted units, Upvc double glazed window.
Play Room - 3.804 x 2.281 (12'5" x 7'5") - Upvc double glazed window, radiator.
Showeroom/W.C. - 2.186 x 1.999 (7'2" x 6'6") - Step in shower, wash basin, toilet, gas boiler, Upvc double glazed window, radiator.
Rear Yard Area With Car Parking -
Ground Floor -
Communal Entrance Vestibule -
Communal Entrance Hall - With staircase leading off.
Ground Floor - Flat 2 -
Private Entrance Hall -
Lounge - 4.559 x 4.222 (14'11" x 13'10") - Plus deep Upvc double glazed front bay window with views, storage heater.
Dining Kitchen - 4.030 x 3.925 (13'2" x 12'10") - Maximum overall measurement into recess and incorporating showerroom, sink unit, fitted units, Upvc double glazed rear entrance door onto balcony.
Showerroom/W.C. - Step in shower, wash basin, toilet.
Bedroom - 3.185 x 3.132 (10'5" x 10'3") - Upvc double glazed rear window, storage heater.
First Floor -
Store Room - 3.125 x 2.243 (10'3" x 7'4") - Landlord's store room including step in shower, wash basin, toilet.
First Floor - Flat 3 -
Private Entrance Hall -
Lounge - 4.649 x 3.341 (15'3" x 10'11") - Plus deep Upvc double glazed front bay window with excellent views, storage heater.
Dining Kitchen - 4.064 x 3.679 (13'3" x 12'0") - Maximum overall measurement into recess and incorporating showerroom, sink unit, fitted units, Upvc double glazed rear window, storage heater.
Showerroom/W.C. - Step in shower, wash basin, toilet.
Bedroom - 3.639 x 2.376 (11'11" x 7'9") - Plus recess with built in wardrobe, Upvc double glazed front window with views.
Second Floor - Flat 4 - Landing with stairs off to third floor, Upvc double glazed rear window.
Private Entrance Hall -
Lounge - 4.649 x 3.389 (15'3" x 11'1") - Plus deep Upvc double glazed front bay window with excellent views, storage heater.
Dining Kitchen - 3.945 x 2.571 (12'11" x 8'5") - Sink unit, fitted units, Upvc double glazed rear window, storage heater.
Showerroom/W.C. - Step in shower, wash basin, toilet, heated towel rail.
Bedroom - 3.581 x 2.311 (11'8" x 7'6") - Upvc double glazed front window with views, storage heater.
Third Floor - Flat 5 - Private staircase leading up to the third floor
Landing -
Lounge - 4.586 x 2.857 (15'0" x 9'4") - Upvc double glazed front window with views, storage heater.
Bedroom - 3.557 x 2.867 (11'8" x 9'4") - Upvc double glazed front window with views, storage heater.
Dining Kitchen - 3.904 x 3.739 (12'9" x 12'3") - Sink unit, fitted units, Velux double glazed skylight, storage heater.
Showerroom/W.C. - Step in shower, wash basin, toilet, heated towel rail.
Exterior - Front Garden area. Rear Yard area with some car parking.
Services - Mains services connected. All flats electric apart from the basement flat which has gas central heating.
Income - We are advised that the current income is £27,078 per annum.
Viewing Arrangements - Strictly by appointment with Fisher Wrathall Commercial, 82 Penny Street, Lancaster, LA1 1XN.
Please call to arrange or email:
Brochures
FOR SALE - INVESTMENT PROPERTY, Marine Road East, BrochureEnergy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Ask agent
FOR SALE - INVESTMENT PROPERTY, Marine Road East, Morecambe
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Morecambe Station0.7 miles
- Bare Lane Station0.9 miles
- Lancaster Station2.8 miles
About the agent
Fisher Wrathall Commercial, Lancaster
82 Penny Street, Lancaster, LA1 1XN
Fisher Wrathall Commercial Estate Agents
Raising the bar of commercial sales and lettings through the use of the latest marketing techniques and technology.
Lancaster?s longest established commercial estate agents and surveyors with over 130 years? experience. We provide a full range of services in commercial property across North Lancashire and South Cumbria, including Lancaster, Morecambe, Preston, Blackpool, Carnforth, Kendal and the surrounding areas. Our services include land
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 32305718. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Fisher Wrathall Commercial, Lancaster. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.