Summary - 9 SANDRINGHAM COURT MORECAMBE LA4 4NG
1 bed 1 bath Flat
Compact, low-maintenance flat with garage and immediate rental income.
Ground-floor one-bedroom flat, c.420 sq ft
A ground-floor one-bedroom flat in Sandringham Court, well suited to retirees or buy-to-let investors seeking a low-maintenance property with tenant income in place. The apartment sits within a quiet enclave around well-kept communal gardens and benefits from rear access to a shared garden and a single garage with off-road parking.
Internally the layout is traditional and practical: a bright living room at the front, a double bedroom to the rear, a fitted kitchen installed six years ago that houses a relatively new Gledhill boiler, and a recently installed wet room. Heating is by electric storage heaters and the flat is compact at around 420 sq ft, so running costs and space are modest.
The leasehold terms are favourable with approximately 947 years remaining, low ground rent and a below-average service charge of £900. The property currently produces rental income of £450 pcm, making it an immediate income opportunity for investors. It will also appeal to retirees or downsizers looking for single-level living close to local amenities and transport links.
Notable drawbacks are the small overall size and the building’s setting in a very deprived area with a higher local crime rate — factors that may affect capital growth and tenant demand. The flat uses electric storage heating which can be costly compared with gas, and some internal décor and fixtures show normal wear and could benefit from updating to maximise long-term value.
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