Immediate income in a coastal town, ideal for refurbishment-focused investors.
- Sold with tenants in situ, immediate rental income £525 pcm
- Victorian mid-terrace, freehold, three bedrooms
- Double glazing and mains gas central heating present
- Close to town centre and Morecambe seafront
- Very deprived area with higher crime levels
- Built before 1900; likely poor wall insulation
- Very small plot and on-street parking only
- EPC not provided; may need energy-efficiency works
A three-bedroom Victorian mid-terrace offered freehold and sold with tenants in situ, providing immediate rental income of £525 pcm. The property benefits from double glazing, mains gas central heating and a practical through lounge/dining layout across multiple levels.
Located close to Morecambe town centre and the seafront, the house suits investors seeking a hands-off income stream and straightforward lettability. Council Tax Band A keeps running costs low for a landlord.
Buyers should note the surrounding area is very deprived with higher-than-average crime and a transitional rental market; the building predates 1900 and external walls likely lack modern insulation. The interior shows some modern fittings but also signs it would benefit from updating and potential energy-efficiency improvements. EPC rating not provided; prospective purchasers should factor in potential upgrade costs.
On-street parking only and a very small plot mean limited outdoor space. This is a clear opportunity for portfolio growth or a refurbishment-led value uplift, but it suits investors comfortable operating in a constrained rental neighbourhood.
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