For Sale, 3 Bed House 

Whitby Road, Morecambe

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Features

  • Auction Date: 26th & 27th June 2019
  • Guide Price: £89,500+
  • Spacious mid terraced property
  • Three bedrooms
  • Potential rental income of £550 pcm (£6,600 per annum)
  • Potential yield of 7.3%
  • Popular residential location
  • On street parking
  • Sold with vacant possession
  • Freehold

Quick Details

3 Bedrooms2 Receptions1 Bathroom

Address

7 Whitby RoadMorecambeLancashireLA4 5ST
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Property Details

This property is located on Whitby Road, off Lancaster Road in Morecambe. Conveniently located for Morecambe town centre shopping amenities, approximately half a mile from the sea front promenade.

Railway services are available at Morecombe Train Station, one mile south west of the property. The larger city of Lancaster is located approximately 4 miles to the south east. Lancaster is a well-established University City.

The M6 motorway is located under five miles from the property, providing easy access to the rest of the country.

This three-bedroom mid terrace comprises well proportioned accommodation arranged over two storeys.

The ground floor comprises an entrance hall, leading through to two lounges that both provide access providing access to the kitchen at the rear.

First floor accommodation consists of three well-presented bedrooms and a family bathroom.

Externally, the property enjoys on street parking and large yard areas to the front and rear.

Accommodation

78.87 sq m (849 sq ft)

Services

We understand the property has mains gas, electricity, water and drainage. However, interested parties should make their own enquiries.

Investment Analysis

The subject property is vacant; however, we envisage it could let at £550 pcm which produces an annual income of £6,600. This would represent a potential gross yield of 7.3%, based on the guide price.

Tenure

Freehold

Guide Price

£89,500+

Viewings

Viewings by appointment only. Please speak with a member of John Pye Property on 0115 970 6060 or email property@johnpye.co.uk to arrange a viewing.

VAT

Non-Applicable

Buyers Premium

2% (min. £3,600) Inc. VAT

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