Marine Road East, Morecambe, LA4 5AQ
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- SECTOR
Residential development for sale
Key features
- Morecambe promenade
- Walking distance to proposed Eden Project
- Investment opportunity
- All 5 flats fully let generating healthy income
- Present income some £27,078 per annum
- Generous rear yard with parking
Description
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
FOR SALE - Prime Location Morecambe Sea Front. Investment property.
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.
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.
Plus deep Upvc double glazed front bay window with excellent views, storage heater.
Excellent open marine views to the front. Ideal Investment property in a much sought after location.
Viewing absolutely essential to fully appreciate the location, potential and views.
Services
Mains services connected. All flats electric apart from the basement flat which has gas central heating.
Brochures
Marine Road East, Morecambe, LA4 5AQ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Morecambe Station0.6 miles
- Bare Lane Station0.9 miles
- Lancaster Station2.8 miles
Notes
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