Market Street, Morecambe
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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Key features
- NO CHAIN
- GREAT INVESTMENT
- INCOME PRODUCING APARTMENTS
- BEAUTIFULLY PRESENTED
- SPACIOUS ROOMS
- AVAILABLE AS A PAIR OR TO PURCHASE SEPARATELY
- HEART OF THE CITY CENTRE
- CLOSE TO THE SEAFRONT
- GOOD LOCAL AMENITIES
- MUST SEE APARTMENTS
Description
Both the current tenants signed up on short AST for 6 months from 7th January.
3a, (front flat) is £1,050 inclusive of all incoming bills, water, electric and council tax.
3b (rear flat ) is £1,150 all inclusive of bills.
Investment Overview:
Price: £130,000 per unit (gross yield based on Buy-to-Let only)
Projected Yields:
3a: 9.7% gross, approximately 7% net
3b: 10.5% gross, approximately 7.9% net
Additionally, holidaycottages.com has projected rental income for serviced accommodation to be £19,000 gross and £15,000 net per apartment. This presents an excellent opportunity for Airbnb or short-term lets, offering strong returns on investment.
Located in the heart of Morecambe, this prime location puts everything you need right on your doorstep. Just a two-minute stroll to the seafront, you can enjoy the vibrant promenade lined with shops, attractions, and charming cafés—perfect for a leisurely day out. In the opposite direction, Morecambe train station is only a short walk away, offering excellent connectivity for commuters and travellers alike.
Entrance Hallway Flat (3A) Front - Electric radiator, walk-in storage room housing the water cylinder and consumer unit.
Open Plan Lounge/Kitchen - Lounge area with double-glazed window to the front, electric radiators and carpeted floor. Kitchen area with a range of crafted cabinets with complimentary work surfaces, four plates electric hob and oven, extractor hood, stainless steel sink, fridge/freezer, plumbing for washing machine and tiled floor.
Bedroom - Wonderful spacious room with a double glazed window to the side, carpeted floor, radiator.
Bathroom - Shower cubicle with thermostatic shower, wash hand basin, bath, extractor fan, heated towel rail, tiled floor, W.C.
Entrance Hallway Flat (3B) Rear - Carpeted floor.
Open Plan Lounge/Kitchen - Lounge area with double-glazed window to the front, electric radiator and carpeted floor. Kitchen area with a range of crafted cabinets with complimentary work surfaces, four plates electric hob and oven, extractor hood, stainless steel sink, fridge/freezer, plumbing for washing machine and tiled floor.
Bedroom - Spacious room with a double-glazed window to the side, carpeted floor, radiator and walk-in wardrobe.
Inner Hallway - Walk-in storage room housing the water cylinder and consumer unit, door to the bathroom.
Bathroom - Shower cubicle with thermostatic shower, wash hand basin, bath, extractor fan, heated towel rail, tiled floor, W.C.
Investment And Useful Information - Tenure Leasehold
Lease Length TBC
Both apartments will be on separate title deeds
Council Tax Band (TBC)
Available for purchase individually or as a pair, each apartment is priced at £130,000.
3a, (front flat) is £1,050 inclusive of all incoming bills, water, electric and council tax.
3b (rear flat ) is £1,150 all inclusive of bills.
Investment Overview:
Price: £130,000 per unit (gross yield based on Buy-to-Let only)
Projected Yields:
3a: 9.7% gross, approximately 7% net
3b: 10.5% gross, approximately 7.9% net
Brochures
Market Street, MorecambeBrochure- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- No parking
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Market Street, Morecambe
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Visit our security centre to find out moreDisclaimer - Property reference 33648781. 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 Mighty House, 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.
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