Summary - 3 GRANVILLE ROAD HEYSHAM MORECAMBE LA3 1EB
1 bed 1 bath Commercial Development
Income-producing terrace one turn from Morecambe Promenade with refurbishment upside..
Victorian mid-terrace, 751 sq ft, two bedrooms
A compact Victorian mid-terrace positioned one turn off Morecambe Promenade, this two-bedroom property is presented as an income-generating opportunity in an area targeted for regeneration. Currently let to a family on a rolling tenancy at £590 pcm (tenant pays bills) and professionally managed, it provides immediate rental income with a quoted gross yield of about 6.15%.
The house offers well-planned but modest accommodation across 751 sq ft: living room, fitted kitchen, separate utility, bathroom and two bedrooms, plus a small rear yard. The stone façade and period layout give character and clear scope for improvement — upgrades could lift rental values or attract an owner-occupier buyer.
Buyers should note material facts plainly: the property sits in a very deprived area with above-average crime levels, an EPC rating of 41 (E) and on-street parking only. Tenure is stated as unknown and the tenant is on a rolling agreement, which affects immediate vacant-possession potential.
For an investor, this is a hands-off, managed let with short-term income and upside linked to the local Eden Project plans and coastal location. For a buyer willing to refurbish, there is potential to increase rent or resale value as the area develops, but budget for energy improvements and security considerations.
6 bedroom house for sale in Westminster Road, Morecambe, LA4 — £155,000 • 6 bed • 1 bath • 1637 ft²
3 bedroom terraced house for sale in Beecham Street, Morecambe, LA4 — £130,000 • 3 bed • 1 bath • 926 ft²
3 bedroom house for sale in Croft Street, Morecambe, LA4 — £125,000 • 3 bed • 1 bath • 596 ft²
2 bedroom terraced house for sale in Ashton Road, Morecambe, LA4 — £110,000 • 2 bed • 1 bath • 743 ft²
4 bedroom house for sale in Marlborough Road, Heysham, Morecambe, LA3 — £135,000 • 4 bed • 1 bath • 1411 ft²
4 bedroom house for sale in Marlborough Road, Heysham, Morecambe, LA3 — £135,000 • 4 bed • 1 bath • 1198 ft²
